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 fixed order quantity or eoq order rules


Microsoft Dynamics AX 4.0 for Manufacturing Environments
This continues a reprint of the summary chapter from the book Managing Your Supply Chain Using Microsoft Dynamics AX by Dr. Scott Hamilton. In this second part,

fixed order quantity or eoq order rules  information. The calculations amortize fixed costs over the accounting lot size for manufactured items. The sales price calculation reflects a cost-plus-markup approach using the profit percentages assigned to purchased material components and to routing operations. Production Strategy A make-to-stock production strategy means that an item's production order is indirectly linked to demands via due dates. A make-to-order production strategy reflects direct linkage, where the end-item's production order is

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

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Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Quote-to-Order (Q2O) Systems

Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming quoting and ordering processes, decrease unit costs, and lower sales costs. Q2O suites can further help enterprises increase sales effectiveness across all channels. These solutions help companies that sell complex products and services shift their focus to customer-facing sales and service issues. 

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Documents related to » fixed order quantity or eoq order rules

Multi-enterprise Responsiveness-Can It Ever Be Achieved?


Most manufacturers are now operating in a multi-enterprise, multi-echelon context, and their supply chain processes and supporting IT tools need to accommodate responsive collaboration. Yet most enterprise resource planning systems currently used do not adequately serve the needs of these businesses.

fixed order quantity or eoq order rules  the input parameters are fixed and certain, that relationships are clear-cut, and that a single action results in a single result. However, in a sophisticated supply chain, actions may have nonlinear results that these systems cannot predict. In other words, planning-oriented applications do not allow for a fast enough response when changes in demand, inventory or supply, capacity, product mix, or orders occur. At best, these systems will offer another replanning exercise, and analysts then have to pore Read More

Reference Guide to Discrete Manufacturing ERP Software Functions and Features


This reference guide provides insight into the discrete manufacturing ERP features and functions currently available on today’s market. It will help you determine which ERP features are a high priority for your organization, and which features are a lower priority.

fixed order quantity or eoq order rules  support the following functionality: fixed assets records; asset transactions; asset depreciation; depreciation books; revaluation and interest calculation; and tax reporting. Cost Accounting Cost accounting analyzes corporate costs related to overhead, products, and manufacturing orders. It provides a variety of costing approaches such as standard, first-in-first-out   (FIFO), last-in-last-out (LIFO), average, target, and activity-based costing (ABC). The software should support the following Read More

Microsoft Axapta: Design Factors Shape System Usage Part Two: Distribution Environments


If you are implementing or considering Microsoft Axapta as your ERP system, or providing Axapta-related services, this note provides an overall understanding of how the system fits together to run a business. This section reviews the major design factors affecting system usage in a distribution environment.

fixed order quantity or eoq order rules  of an expense item, fixed asset or non-inventoried item Other purchase order variations apply to manufacturing environments. Kits that are priced and purchased as a complete item or as separate components Purchased item linked to a production order, such as the purchase of an outside operation Purchased item configured to order using a rules-based configurator, typically representing a special order with the purchase order line item linked to a sales order or production order Variations in Purchase Read More

Are Spend Management (or SRM) Apps Suited for the Mid-market? - Part 2


Part 1 of this blog series introduced common supply chain challenges and resulting spend management opportunities for companies of all sizes. The article then went into the philosophical and functional differences (if any) between the “spend management” and "supplier relationship management (SRM)" monikers. Further discussion was about what exact functional parts of this software category small

fixed order quantity or eoq order rules  used to sell a fixed quantity of identical items, and derives its name from the fact that all event winners pay the same amount, but the highest bidder is eligible for his/her desired quantity (and so on until everything is sold). The price is dependent on the least best bid amount up to the total quantity of items available. If the event owner has specified a reservation price, then the amount paid depends upon whether the n th highest bid (where n = the number of units for sale) is above the Read More

Quote-to-order: One Big, Lean Machine Adds High Tech to Its Mix


BigMachines differentiates itself in the quote-to-order (Q2O) sphere due to its solutions’ lean end-to-end, inquiry-to-order focus. Although there are other vendors offering Q2O as a service, BigMachines product is arguably more flexible, as high tech manufacturers may be noting.

fixed order quantity or eoq order rules  to-order: One Big, Lean Machine Adds High Tech to Its Mix In the first part of this series (please see Quote-to-order: New Ingredients in the Recipe for Success ), the emerging quote-to-order (Q2O) sphere was discussed in terms of its history and current developments, as well as how software providers are rising to the challenge of meeting their customers' Q2O needs. The second part, Quote-to-order: Newcomer Causes a Stir in the Market began an in-depth analysis of how the vendor BigMachines has been Read More

Case Study: Kyocera


Aside from geographic challenges, Kyocera—distributor of document management devices—also grapples with three-month lead times, purchase-order constraints, and stocking commitments. Forecasting accuracy is critical to a company that has to manage frequent model changes and short life-cycle products. Find out about the demand and forecast management solution the company uses to ensure consistent and accurate reporting.

fixed order quantity or eoq order rules  Study: Kyocera Demand Solutions Forecast Management opens up a whole new world for supply chain management - better demand planning, improved inventory planning and, ultimately, increased efficiency and profits. Source : Demand Solutions Resources Related to Case Study: Kyocera : Forecasting (Wikipedia) Purchase Order (PO) (Wikipedia) Case Study: Kyocera Purchase Order is also known as : Purchase Order Accounting , Purchase Order Agreements , Purchase Order Approval , Purchase Order Change , Read More

Profitable-to-promise: The Next Step in the Evolution of Order Promising


Achieving both customer satisfaction and profitability is critical to the survival of your organization. Without customer satisfaction, the long-term prospects for your business are bleak. And without profitability, your business cannot exist. Profitable-to-promise (PTP) solutions allow you to determine the profitability of individual orders by integrating supply chain management (SCM) and customer relationship management (CRM) processes with your financial data.

fixed order quantity or eoq order rules  to-promise: The Next Step in the Evolution of Order Promising Achieving both customer satisfaction and profitability is critical to the survival of your organization. Without customer satisfaction, the long-term prospects for your business are bleak. And without profitability, your business cannot exist. Profitable-to-promise (PTP) solutions allow you to determine the profitability of individual orders by integrating supply chain management (SCM) and customer relationship management (CRM) Read More

New Dimensions in EC and SCM Part 1: The Benefits of E-Procurement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

fixed order quantity or eoq order rules  Dimensions in EC and SCM Part 1: The Benefits of E-Procurement Executive Summary Every business is a purchaser as well as a supplier, with many routinely processing hundreds of buying activities daily. Typically, purchases represent 50 to 90% of a company's cost structure -- making procurement strategy and execution a critical lever for effective supply chain operations and superior business profitability. Electronic commerce offers exciting new possibilities for businesses to improve their performance Read More

Why Conventional Testing Methods are not Equipped to Handle Business Rules Implementations


Your competitors are adopting business rules management solutions (BRMS) to achieve agility and reduce maintenance costs. With enhanced ability to store all business rules in one central location, enterprises have a unique opportunity to use non-conventional methods to test these rules, as well as their interactions with each other—without tying up their mission-critical software.

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Using ERP to Deliver Ecommerce for Engineer to Order Companies


Engineer-to-order (ETO) companies can use enterprise software to implement eCommerce strategies in order to improve customer service, reduce waste, and increase profits. This white paper outlines the ways that enterprise resource planning (ERP) software can facilitate ETO eCommerce by opening portals to suppliers, project collaborators, and customers. Realize the benefits of eCommerce in the ETO setting with ERP software.

fixed order quantity or eoq order rules  ERP to Deliver Ecommerce for Engineer to Order Companies Engineer-to-order (ETO) companies can use enterprise software to implement eCommerce strategies in order to improve customer service, reduce waste, and increase profits. This white paper outlines the ways that enterprise resource planning (ERP) software can facilitate ETO eCommerce by opening portals to suppliers, project collaborators, and customers. Realize the benefits of eCommerce in the ETO setting with ERP software. Read More

Shallow Ford Paves the Way with Sage Fixed Assets




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Best Practices for Fixed Asset Managers


In the world of accounting, the savings potential of improved fixed asset management is often overlooked. Yet assets like land, buildings, transportation, and manufacturing equipment represent among the largest investments most companies make. Sub-optimal fixed asset practices can threaten the accuracy of financial reports and negatively impact your bottom line. This white paper outlines best practices for fixed asset management and suggests tips for implementation, including establishing an accurate baseline of fixed assets, selecting the right asset management tools, staying up to date with legislative changes, and producing targeted financial reports.

fixed order quantity or eoq order rules  Practices for Fixed Asset Managers In the world of accounting, the savings potential of improved fixed asset management is often overlooked. Yet assets like land, buildings, transportation, and manufacturing equipment represent among the largest investments most companies make. Sub-optimal fixed asset practices can threaten the accuracy of financial reports and negatively impact your bottom line. This white paper outlines best practices for fixed asset management and suggests tips for implementation, Read More

Sage 500 ERP for ETO Manufacturing Certification Report


Sage 500 ERP (formerly Sage ERP MAS 500) is TEC Certified for online evaluation of enterprise resource planning (ERP) for engineer-to-order (ETO) manufacturing solutions in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Pepsi-Cola Jamaica: More Fun in the Sun with Sage Fixed Assets




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