Case Study: R&D Tax Benefits Maximized by  Manufacturers using ERP Work in Process (WIP)

Posted by Gerry Poe


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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Tags: Medical Devices, ERP Automation, Food & Beverage, r&d-tax credit, work in process

10 Crucial Questions to Ask When Selecting Enterprise Software

Posted by Gerry Poe


To grasp whether software in use or under consideration, meet your needs in today’s evolving manufacturing environment, asking the following questions are crucial:

SUPPORT FAST BUSINESS CHANGE

Software should help plan for change. Change is constant and the chief characteristic of today’s business environment. The ability to prepare for the unidentified makes it possible for corporate agility to thrive. Ongoing planning is not about being able to foresee every single event, but being able to respond fast and smart enough to exploit change. Useful software simplifies the ability to change —not only forecast information, but also supply and demand output, quickly, and provide visibility into what impacts the change will make. In today’s markets, where new product introduction is increasingly essential to growth, enterprise software should help facilitate and control new product introduction.



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Tags: Choosing ERP, Business Technology, Goal Setting, Food & Beverage, Business Strategy

Inventory Forecasting Optimization Introduction

Posted by Gerry Poe


Inventory Forecasting Overview

Inventory Forecasting is the first module within the Inventory Optimization suite. The full suite of modules comprising:

  • Inventory Forecasting
  • Inventory Families and Groupings
  • Inventory Optimization

Before inventory levels can be optimized, it is essential that sales forecasts are as accurate and reliable as possible. The Forecasting Module addresses this requirement by providing the tools to achieve this.

Given that the forecasting algorithms base their calculations exclusively on sales history, it is essential that the sales history (as held in the forecasting system) is an accurate reflection of the sales demand made on the company's inventory (i.e., it should include any sales lost because there was no inventory available to satisfy a demand).

The Sales Orders system outputs invoices, debit notes, credit notes and dispatch notes to the forecasting sales history. Also, Initial History Creation enables you to build the forecasting sales history using inventory movements as it's source.



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Tags: Inventory Forecasting, Food & Beverage, MRP, material requirements planning

Warehouse Management System Activity Exception (Slotting) Optimization

Posted by Gerry Poe


Warehouse Management Systems Slotting

Why 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.



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Tags: Warehouse Management, WMS, Food & Beverage, WMS Slotting, warehouse slotting

Ten Reasons Why You Don’t Care Where Enterprise Software Suite Lives

Posted by Gerry Poe



Whether installed on-cloud or on-premise – does it really matter to your business where your ERP Software Suite takes up residency? Should it? Of these options, cloud, premise or hybrid, are there reasons to choose one over the other? Business, at any phase, can see the value of both sides of the argument. Costs, dependent capitalizing or renting of your software suite deployment, will affect decisions and outcomes.

If your current or planned systems are capable, flexible and designed for hybrid operations your chances of success will be enhanced.



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Tags: Business Automation, Business Systems, Food & Beverage, Business Strategy

Food and Beverage Disaster Recovery Execution and Action Planning

Posted by Gerry Poe


Business continuity concerns more with business operations while the disaster recovery remains aligned toward the side of technology infrastructure issues. The important mechanism is that the plans in execution of business continuity is crucial for the life of the company in the future.


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Tags: Food & Beverage, Disaster Recovery

10 Food and Beverage Benefits From Quality Control Software Systems

Posted by Gerry Poe



Quality control software systems, for the food and beverage industry, are critical in ISO compliant and regulated environments. Software, integrated to your ERP system, for quality monitoring and assurance offers companies the greatest risk management and return on investment (ROI).

If you think a recall is unlikely, or that you are covered in the event it happens, think again. From a food safety standpoint, we are living in a dynamic and fast-changing world. Because microorganisms exist naturally in our environment, they will continue to find their way into many of our foods. Given recent improvements in national foodborne illness outbreak surveillance, more illnesses are identified and more outbreaks are reported.



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Tags: Quality Management, Food & Beverage

Top Ten Reasons Food Manufacturers Upgrade Enterprise Software

Posted by Gerry Poe


Enterprise technology, which SYSPRO ERP software is part of, is a layered and set of products containing hardware and software technologies in house and outside. Part of those you control the results, others are out of your control.

Here are the top ten reasons to keep your enterprise technologies up to date and smooth running.



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Tags: Enterprise Software, Enterprise Continuity, Food & Beverage

11 Food and Beverage Contract Manufacturing Software Requirements

Posted by Gerry Poe


What are your optimum manufacturing software systems for your food and beverage contract manufacturing business? How do the software systems help you manage manufacturing, supply chain, customers and a broad range of other business areas, by minimizing the need for multiple systems?

Your solution needs broad built-in functionality supporting build-to-order, engineer-to-order, and build-to-forecast supply chain models, across both discrete and batch-process manufacturing modes and is particularly well-suited to manufacturers operating in a mixed-mode environment.

Your full-scope solution includes applications for financial management, customer relationship management, supply chain management, warehouse management, human resources and payroll, project management, business intelligence, lot tracking and quality control, and paperless manufacturing; printing, storage and retrieval.



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Tags: Enterprise Software Planning, Contract Manufacturing, Food & Beverage

10 Ways to Optimize Enterprise Technology for Food and Beverage Manufacturing

Posted by Gerry Poe


How food and beverage companies can take advantage of decades’ worth of enterprise technology and ERP software advances today.

There are stories praising the benefits of cloud computing and virtualization, which are two primary forces behind the transformation of how companies of all shapes and sizes “do” computing.

However, to take part in this information revolution, it’s critical to have the right underpinnings which means upgrading the operating platforms and system software driving enterprise infrastructures.

The combination of modern server based hardware ought to be part of technology strategies if your company and departments are looking to modernize the infrastructure. Below we have identified ten of the top issues driving the need for upgrading technologies to fully support ERP software and hardware enterprise demands.



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Tags: Enterprise Software, Business Continuity, Food & Beverage

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