Do you have a strong relationship with your suppliers? Do they know your every need/want? No? Well, why not?  

The key to any good relationship is communication. Have you established clear and consistent communication with your suppliers? Consider establishing a way for both of you to share information with each other electronically.

A portal is a good way to achieve this. Documents can be shared, updates on deliveries can be communicated with ease, and changes that can affect both your operations and theirs can be communicated efficiently and effectively.

Optimize Your Manufacturing Today!

When is the last time you took a hard look at your production lines?

• How are we moving product through our facility?
• Do we have work instructions / drawings available where needed?
• Do we have frequently used inventory available at the line?
• Where are the bottlenecks?
• Are processes automated, where possible?

Taking a hard look at your processes and procedures may reveal some interesting results. Don’t assume that everyone is doing things the same way. Some may be superstars, and others may need some mentoring. Some processes may be outdated and costing you time and money, while others are extremely efficient. One area of the business may benefit from how others operate. Take the time to review and analyze your findings. Your company may benefit greatly as a result.

Optimize Your Manufacturing Today!

You can move monthly periods to a different parent period. For example, if you have a monthly calendar, you can create quarter periods and move months to the quarters.

1. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance.
2. Open the finance enterprise group.
3. Click the Calendar tab.
4. Open the calendar for which you want to move periods.
5. Click the Hierarchy tab.
6. Select the periods to move.
7. Select Actions > Move.
8. Select the new parent period under which you want to move the periods.
9. Click OK.