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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 key elements of inventory management systems


Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

key elements of inventory management systems  improvement, in the following key areas: Customer service level Inventory turnover Return on investment Adjusted gross margin Customer Service Level Keep in mind that customers will look elsewhere, especially the competition, to supply their needs. The customer service level is calculated using the following formula: Number of line items for stocked products shipped complete by the promise date Total number of line items for stocked products ordered This formula takes into account only line items shipped

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

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

Compare Now

Process Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Provider of B2B Price Management and Optimization Speaks Out


In addition to growing at a breakneck pace for the last few years, Vendavo has recently rounded out its suite for price and margin management. The market should take notice, while the competition should indeed watch out.

key elements of inventory management systems  Is Not the Only Key to Success Other important reasons for Vendavo’s success include the swift increase in the use of its products at various divisions across its client base around the world; several new and maturing global partnerships; and the expansion of its European operations. In early 2006, Vendavo announced in another press release that it would expand its European operations to keep up with that region’s increasing demand for the company’s pricing solutions. The company then opened its Read More

The Importance of Component Event Management in a PLM Strategy


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key elements of inventory management systems  trusted information is a key requirement, for companies to benefit from the information it must be transformed into something actionable and delivered to the right person to act on it. This is not a trivial challenge in today’s environment. Internal resources have gotten thin from successive layoffs in many companies. Mergers and acquisitions have increased the number and types of products being managed. And to make it even more difficult, the increasingly virtual nature of the supply chain is taking Read More

Supply Chain Management: Morphing the Functional Scope of Service Parts


The quintessential business challenge is to minimize downtime on assets while minimizing the cost of spare and replacement parts inventory. To meet these challenges, heavy investments have been made in extensive spare ad replacement parts networks.

key elements of inventory management systems  service histories are another key responsibility of this functional suite of solutions. Last but not least, enterprise asset management (EAM) or computerized maintenance management systems (CMMS) solutions are also related, despite their focus on asset owners instead of the service and replacement part providers per se (for more information, see EAM Versus CMMS: What's Right for Your Company? ). Nevertheless, integrating information about assets (e.g., drawings, service history, etc.), and asset owners Read More

Lean Manufacturing: Reaping the Rewards of Lean through Response Management


For years, manufacturers have been driven by sales forecasts and the need to maximize production efficiency at every level of operation. But in order to be successful, manufacturers must look toward adopting a lean mentality. While lean techniques are more easily applied to some manufacturing styles than others, new software tools are now able to deliver the benefits of lean to both high-mix and low-volume operations.

key elements of inventory management systems  At each processing step key information was recorded. The top portion of the map shows the information flow. The middle section shows the actual steps required to make the part. The timeline at the bottom indicates how long it would take for a single part to go from raw material stage to finished good. The example shows that there are 610 seconds of actual processing work on the component, but that it takes a total of 25 days for the component to travel through the entire process from end to end. Is this Read More

ERP Systems Buyer's Guide


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The Art Of Distributed Development Of Multi-Lingual Three-Tier Internet Applications


In this article we describe author's experience with the distributed development of multi-lingual three-tier Java/ CORBA/database Internet applications. We believe that the described tips and tricks of trade may be of great use to readers who are involved with Java applications development.

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Warehouse Management Systems: Pie in the Sky or Floating Bakery? Part One: Myths of the Warehouse Management Systems and Implementation


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COSS Systems


COSS Systems offers a range of manufacturing software for small to mid-sized companies. It provides software, which assists companies to improve their data flow with the intention of increasing profitability, optimizing resource usage, and lowering the cost of growth. Primarily designed for make-to-order, make-to-stock, job shop, and custom manufacturers with various configurations, the company's software has features to support mixed mode and production manufacturing. COSS Systems is headquartered in Ontario, Canada and was formed in 1992.

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NDS Systems LC


NDS Systems provides resource planning (ERP) solutions for organizations in the discrete manufacturing, wholesale distribution and fulfillment industries. Using the Oracle database, the NDS ERP solution is a scalable application that grows with the needs of your business, while also allowing you to streamline operations and work more efficiently.

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Mobile Device Management Comparison Guide


In this age of mobility, organizations increasingly use mobile device management (MDM) software to secure, monitor, manage, and support their mobile device usage. The goal is to optimize the functionality and security of a mobile communications network while minimizing costs. If your organization is looking for MDM software, look at this MDM product comparison guide for the key features of some of today’s leading MDM solutions.

key elements of inventory management systems  comparison guide for the key features of some of today’s leading MDM solutions. Read More

American Business Systems, Inc.


Based out of Chelmsford, Massachusetts (US), American Business Systems (ABS) develops and markets microcomputer-based accounting software intended for small and medium-sized enterprises. Since the introduction of its first accounting solution for single-user microcomputers in 1980, the firm's ABS Accounting System has successfully passed Big Six certification standards and today the software is sold internationally with applications available in both English and Spanish. ABS products run on most microcomputers and can be upgraded. The firm is currently focusing on the development and marketing of vertical market products that provide solutions in areas of distribution and point of sale (POS) and continue to be fully integrated with the ABS accounting system.

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Managing performance requires that business and IT, working collaboratively, develop a vision of how to integrate information and technology to improve the performance of the organization’s people and processes, and then act on that vision. Using common performance management (PM) tools and systems—designed to ensure the effective use of consistent information—is critical to the success of the business. Find out why.

key elements of inventory management systems  Performance Management: The Key to Successful Performance Management Managing performance requires that business and IT, working collaboratively, develop a vision of how to integrate information and technology to improve the performance of the organization’s people and processes, and then act on that vision. Using common performance management (PM) tools and systems—designed to ensure the effective use of consistent information—is critical to the success of the business. Find out why. Read More

Cincom Systems


Established in 1968 and headquarted in Cincinnati, Ohio (US), Cincom Systems provides software and services for creating and managing customer relationships throughout the enterprise, and for building and maintaining adaptive e-business information systems. Cincom Manufacturing Business Solutions are based on the combination of over three decades of experience in providing strategic value to manufacturing companies. Cincom serves over 5,000 clients across 93 countries.

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