Multi-Level Job Processing Considerations

Posted by Gerry Poe


SYSPRO ERP Multi-Level Job Creation Introduction

Make-to-order (MTO), engineer-to-order (ETO), and mixed-mode manufacturing companies using SYSPRO ERP's  Bill of Materials (BOM) Multi-level-jobs features profit where Work in Process (WIP) component sub-jobs can be automatically created throughout the WIP job creation process.



READ MORE NOW


Tags: ERP, Bill of Materials, ETO, Inventory Forecasting, SYSPRO, work in process

Inventory Forecasting Optimization Introduction

Posted by Gerry Poe


Inventory Forecasting Overview

inventory-optimization-framework-CPFR-Model.bmp

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.



READ MORE NOW


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

Manufacturing Technology Orders Jump 40%

Posted by Gerry Poe


IMTS buying rush pushes orders over $650 million for the month, putting 2012 on track to become one of the strongest years in USMTO program history.
Travis Hessman | IndustryWeek



READ MORE NOW


Tags: Manufacturing, Inventory Forecasting, Enterprise Continuity

Inventory Forecasting Reminds Me of the Chicken and Egg

Posted by Gerry Poe


inventory optimizationScientific systems exist today to help manage both sides of the equation; demand and supply, build versus buy, etc. Let’s start with basic inventory management and keeping stock levels accurate. 



READ MORE NOW


Tags: Inventory Management, Inventory Forecasting

Please share!
   

Visual Planner
for SYSPRO Factsheet:

visual planner

Recent Posts

The Compete
Enterprise ERP Assessment:

enterprise erp assessment