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Warehouse Management System Bin Location Management

11/3/2024

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​Is 6 digits the longest you can have as a location number for ERP Warehouse Management System (WMS) Bin Location IDs?  Warehouse bin location IDs are small but mighty.
Let’s take a closer look at the possibilities:


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Association for Supply Chain Management - (ASCM) Guidelines for ERP

10/25/2024

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​ASCM Guidelines for ERP- Preface and Purpose
Implementing an Enterprise Resource Planning (ERP) system is a major corporate project that must have a clear vision, well-defined objectives, and a predetermined reasonable rate of return on the investment. i.e.: The rate of return can be measured by the improvement in net income.


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Accounting and Finance Reporting: The Balance Sheet Primer

10/23/2024

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Definition: Balance Sheet
A summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods (such as liabilities and shareholders' equity).

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A Items The ABCDEs of ERP Inventory Management

10/23/2024

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How do you know your "A" items using ABC Analysis?
You use the ABC Analysis reporting to print a list of stock items in descending order of usage (importance) value, based on the quantity of stock used over the last 12 months, for example.
The report indicates what your most to least used items are, enabling you to determine what quantities of selected stock items ABC classifications should be included in your inventory.


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10 Strategic Phases of an ERP Software Readiness Checklist

10/23/2024

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​From curiosity to deployment, enterprise software project communications involves your company's best, brightest, and most well-paid employees. Accounting software is by no means a trifling exercise for anyone involved. Your company must see the costs before any purchase is made, during the vetting process, post-selection, installation, training, and implementation, and finally, go live cut-over success date. A study done in 2012 indicated that companies spend approximately 2-man-years on systems discovery to up to 7 years before a go-live is achieved. Let's hope we can reduce your costs and frustration.


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