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Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

parts inventory programs  Aftermarket Business—Service and Replacement Parts SCM ). It enables clients to reduce investment in stock while at the same time maintain or improve customer service levels. Given that most inventory optimization techniques work on the premise of stock items being in their prime time, the focus here rather is on the tricky effect of product life cycles on inventory. The motto time is money certainly holds true when it comes to inventory valuation. Well, maybe in a reverse (negative) manner, because Read More
Incentive and Compensation Management
Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on ...
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Documents related to » parts inventory programs


Enterprise Applications--The Genesis and Future, Revisited Part One: 1960s--Pre-Computer Era
Knowing the history and evolution of enterprise applications is essential to understanding their current use and future developments. Each step in the evolution

parts inventory programs  As a group of parts moves to the shop floor to build the finished product, the raw material asset should go down and the WIP asset should go up. The labor and overhead charges from the shop floor personnel also are added to the WIP asset account with an offset to the AP account. When the finished part completes it route through the shop, the WIP asset account goes up. Conversely, as the finished product is sold, the finished good asset account goes down and the accounts receivable (AR) asset account goes Read More
Lucrative but
The growing pressure for improving customer responsiveness and profits has lately changed the traditional role of supply chain management (SCM) of spare and

parts inventory programs  point where intelligently planning parts inventory has become a financial necessity for many enterprises. Carrying cost depends mainly on the cost of the capital invested and of maintaining inventory. These include taxes, insurance, obsolescence, spoilage, and space occupied, and cost between 10 percent to 35 percent annually, depending on type of industry. Carrying cost is ultimately a policy variable reflecting the opportunity cost of alternative uses for funds invested in inventory. Storage costs is a Read More
Maple Leaf Farms Improves Inventory Control with WMS
As one of North America’s premier producers of duck products, Maple Leaf Farms knew the importance of delivering fresh, quality goods to its customers. But in

parts inventory programs  include in sauces. Other parts (e.g., feet) are exported to Asian markets where they are considered a delicacy. Even the feathers are utilized by Maple Leaf's down product subsidiary. Nothing is wasted, and everything must be accountable within the inventory system at a very precise level. Once production is complete and products are ready for shipment, they are boxed and transported to the distribution center. Since Maple Leaf operates multiple plants across the country, the solution needed to integrate Read More
Inventory Management Technology Strategies for Distribution
Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a

parts inventory programs  side effects for other parts of the organization. Renewed interest in another cross-functional process – sales and operations planning – is also helping to drive increased process innovations in the inventory management area. Figure 4. How Distribution Companies Manage Their Inventory Figure 5. How Inventory Organizational Strategy Impacts Customer Service Levels Customer Service Levels are higher for those companies that manage inventory through cross-functional teams or have single owner of Read More
Waer Systems—Integration, Process, and Presentation in the Supply Chain
Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit

parts inventory programs  Schenker then delivers these parts to Airbus engineers and maintenance personnel at an aircraft stand or to the hangar. Schenker has used WAERlinx to get warehouses up and running in as little as half a day, and then uses WAERflow to integrate Schenker’s WMS to Schenker’s ERP system, to customer systems (aircraft manufacturers Rockwell Collins, and Hawker Beechcraft, and airline customers), and to repair suppliers. Schenker came to Waer to fill a void that could not be satisfied by its ERP vendor, Read More
Unlocking Working Capital: Best Practices for Reducing Inventory
Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many

parts inventory programs  Working Capital: Best Practices for Reducing Inventory Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released. Read More
WorkWise's eWarehouse provides Groschopp with added control of the entire life cycle of its inventory
Groschopp initially purchased TCM in 1994 and subsequently expanded its usage to over 40 TCM licensed users and 12 data collection users. Groschopp has

parts inventory programs  s eWarehouse provides Groschopp with added control of the entire life cycle of its inventory Groschopp initially purchased TCM in 1994 and subsequently expanded its usage to over 40 TCM licensed users and 12 data collection users. Groschopp has evolved into an expert user of the entire suite of TCM applications, including MRP, MPS, and Shop Floor Control with complex scheduling. One of their main objectives was the ability to bin track and optimize inventory, leading both to cost savings and also Read More
The First Steps to Achieving Effective Inventory Control
Despite varying locations and industries, distributors worldwide often face similar inventory-related problems. Too much of one product, not enough of another

parts inventory programs  First Steps to Achieving Effective Inventory Control Despite varying locations and industries, distributors worldwide often face similar inventory-related problems. Too much of one product, not enough of another… and the list goes on. Discover how many forward-thinking distributors have learned to better manage production inventory—and increase efficiency and profitability—with smart inventory management strategies based on tried and proven methods and best practices. Read More
Inventory Pro: Efficient Inventory Management Solution


parts inventory programs  Pro: Efficient Inventory Management Solution Read More
What Your Refrigerator Can Teach You about Lean Inventory
A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the

parts inventory programs  Your Refrigerator Can Teach You about Lean Inventory A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the lowest cost, with the least amount of waste. But what if your replenishment strategy is your distribution center’s weakest link? To improve customer satisfaction and achieve efficiency and balance, your replenishment strategy must consider all the key variables. Read More
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

parts inventory programs  Stock, More Profit: Inventory Optimization Less Stock, More Profit: Inventory Optimization If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. IBS is a world-leading supplier of business systems and supply chain management solutions to distribution and manufacturing companies. Source : IBS Resources Related to Inventory : Inventory (Wikipedia) Less Stock, More Profit: Inventory Optimization Inventory is also known as : Inventory Read More
The Power of Inventory Control: How Integrated, Serialized Inventory Tracking Delivers a Competitive Advantage
Today’s manufacturers work hard to meet customer delivery schedules with quality parts while reducing costs. Those companies that can meet these demands can

parts inventory programs  delivery schedules with quality parts while reducing costs. Those companies that can meet these demands can reduce work-in-process inventories and minimize production costs. But many fail at this due to inefficient material handling and inventory control. See how advanced ERP systems reflect the physical reality of the material handling process and can help you reduce inventory costs. Read More
Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions
Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions

parts inventory programs  items in automotive spare parts. Inventory Optimization software have this functionality. Type > Slow Moving Recurring Multi-tier Example Gearboxes Household Detergents Packaging Inventory Characteristics High Service Criticality, Sporadic Demand, Lead time exceeds service levels Continuous demand, reliable lead times and high volumes Seasonal demand, variable lead times, and moderate volumes Inventory Model Based upon Causals and service levels Historical demand Historical and causal demand Application Read More

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