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Infor LX | Infor LN | BPCS | Baan | Infor M3

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Manufacturing vs. Finance: Who wins?

Infor LX | BPCS | Infor LN | Baan

Manufacturing Goals: develop high-quality products and services in response to the demands of the market, improve efficiency and maximize capacity utilization.

Finance Goals: analyze revenue growth opportunities, control costs, and maximize profitability.

So, who wins? Whose priorities take precedence when it comes down to it and what happens when the demands seem to compete? The answer to that question may be simpler than you think. Quite often, the production side of the house and the finance side of the house are operating based on their own sets of data which have been created within their respective group to serve the needs of the group alone. Finance likely does not have access to production reports and production hardly ever has access to finance reports. But why? What if both departments operated based on the same data, viewed in the same way? Would it not be easier to understand where the priorities should be and how the ship should be steered?

Dashboards provide real-time visualization of data through graphs, tables, and other visualization techniques. Through the use of dashboards, the complexity of large volumes of data gets stripped away and instead gets presented through manageable, digestible chunks of information so companies can focus their attention on the areas of the business that need it most. The dashboards then serve as a common ground for further dialogue and present information to everyone in a way that is mutually understandable.

Although the data represented in dashboards can be gathered through multiple reports and sometimes multiple reporting systems, consolidating the data into one unified source provides a highly effective tool to generate actionable insight.

Crossroads RMC's Analytics Dashboard provides a pre-built connection to Infor LX / BPCS and Infor LN / Baan and includes a full suite of ready-to-use, standard dashboards that can jump-start collaboration between your finance and production departments.

Learn more about Analytics Dashboard for Infor LX & BPCS> 

Learn more about Analytics Dashboard for Infor LN & Baan> 

See some examples below:

Production Order - Click to Enlarge

Production Order - Click to Enlarge

Labor History Click to Enlarge

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Tips:  LX | BPCS | M3

Advanced Remittance Processing, ARP, provides an automated approach to your cash application process. ARP works together with Accounts Receivable to save valuable time and resources by automatically applying incoming payments to open receivables during daily batch processing. You can easily and efficiently resolve unapplied remittances online.

Advanced Remittance Processing (ARP) is an automatic cash application process that allows you to perform the following functions:

In the ever-evolving landscape of manufacturing, cyber threats have become a formidable challenge, with a notable spike in ransomware attacks catching many off guard. These sophisticated attacks deploy tactics that are often new and bewildering to manufacturers, pushing the boundaries of what we thought we knew about cybersecurity in the industry. Let's dive into how these advanced threats are reshaping our approach to digital defense in manufacturing.

https://www.industryweek.com/technology-and-iiot/cybersecurity/article/21284176/a-new-wave-of-cyber-attacks-five-actions-to-take-now

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Tips: LN | Baan

Many transactions in all kinds of modules use order numbers or serial numbers. These order numbers are most often automatically generated. In the Number Groups (tcmcs0151m000) session you can define groups of order numbers used for dedicated areas. A Number Group is a group of the first free number series that you can assign to a specific use. All the numbers that Infor LN generates in the number groups that are dedicated to the same purpose are unique.

All the first free numbers are stored in the table tcmcs050.

As many different processes can request a free number from the number groups, we often see delays in the performance, due to locking on the first free number records. This locking issue can have a severe impact on the performance of huge batch-type transactions, but also on the performance perceived by individual users in many areas in LN.

For example:

In the ever-evolving landscape of manufacturing, cyber threats have become a formidable challenge, with a notable spike in ransomware attacks catching many off guard. These sophisticated attacks deploy tactics that are often new and bewildering to manufacturers, pushing the boundaries of what we thought we knew about cybersecurity in the industry. Let's dive into how these advanced threats are reshaping our approach to digital defense in manufacturing.

https://www.industryweek.com/technology-and-iiot/cybersecurity/article/21284176/a-new-wave-of-cyber-attacks-five-actions-to-take-now

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