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 ERP software is embracing a new world of consumerized technology focused on the employees as enterprise' resource experts. Exploring how ERP, your enterprise-first approach, can make use of social, mobile and cloud technologies to give employees the freedom, flexibility and confidence they require will drive company productivity.
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 Utilizing Enterprise Solutions, such as ERP, creates Agility and Profitability.
The manufacturing and distribution industry sectors, like the broader consumer industries they serve, are facing a time of dramatic challenge and change. Manufacturing and distribution companies face regulatory, financial and scientific challenges far more complex than those of most industries.  Distribution centers, having a heavy and poignant role in customer on-time delivery and satisfaction, need the best systems and software to process materials' high throughput requirements.
 Warehouse Management Systems SlottingWhy do you see inventory items in a store on the end-caps or strategic locations on shelves? Why does it cost suppliers more discount allowances to the store for those items to be located on an end-cap instead of the middle of the shopping aisle? They are visible, quickly picked up, and are more likely the buyer will purchase them. So give your customers what they want, faster and more efficiently.
 The U.S. offers some valuable R&D tax incentives, however, if you are not taking advantage of them, you are not getting the money available.
WIP and ERP Tax Benefits has its roots in Research and Development (R&D) tax credits for manufacturing organizations. Tapping into extended advantages of ERP’s Work In Process (WIP) application. Most teams see producing products for sale to be the sole purpose of WIP. Here is how your company, by extending the use of WIP can add value to the ROI of ERP. WIP base functionality is Bill of Materials (BOM) execution. In this case, WIP jobs are created using BOMs, which contains Labor, and Sub-Contract Operations, and components, or materials. These lists, sequenced parts, and labor steps constitute the sum of costs and time to produce a given product. We can also say, they impact your organization, taking into account capacities to produce. |
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September 2022
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