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Managing the Inventory Risk

Infor LN & Baan

Kathy Barthelt 0 4770 Article rating: 5.0

Proper Inventory Management & Planning is not for the weak!

Any of these ever happen to you?

  • My supplier can’t provide the raw materials I need when I need them because I waited too long to order.
  • I underestimated how much raw material I had on hand and now my customer’s order is waiting on hold until I can get the parts I need.
  • I couldn’t meet the desired delivery date for my customer’s order, so they took their business somewhere else.
  • I ordered too many raw materials or made too many sub-assemblies because I didn’t have good visibility to my on-hand inventory.

...

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You’ve got a handle on your inventory requirements, right? Are you confident you can handle a rush order, or ten rush orders?

Baan & LN Add-Ons

Kathy Barthelt 0 24785 Article rating: 5.0

RMCbuild gives you the ability to report a component’s gross requirement, shortage, on-hand inventory, on-order inventory, allocated inventory, inspected inventory, production or work orders due to replenish component inventory, buyer or planner, and/or item group… and more.

RMCbuild takes all the surprise and guess work out of inventory planning. Give your employees the tools they need to do their job effectively.

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Tips:  LX | BPCS | M3

This is a simple way to go from the customer order to making the order and shipping the order. It involves a few simple steps:

  1. Receive and enter the customer order
  2. Automatic credit review
  3. Automatic release of the shop order tied to the customer order
  4. Issue material, report labor to the production order receipt
  5. Pick the order, ship the order, invoice the customer

With lean, you can skip processing the demand through MRP. You can go directly from the customer order to the shop order creation.

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If you setup the “From” and “To” Location fields in the Work Center file, this will then determine the locations for material issue transactions and production reporting transactions.

The reporting of the transactions would happen through production reporting, JIT600, or using the Shop Floor labor posting, SFC600, or Shop Floor Posting from SFC650.

Remember, any location used in the work center file must first be set up in the location master file. Using an MES solution by-passes the need to key any of the data to ERP LX.

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Tips: LN | Baan

Are you striving to create shipping labels that cater to all your customers' needs? Do you require specific details on your shipping labels for particular items or product lines?

According to recent research, the global barcode label printer market was valued at $2.6 billion in 2022 and is estimated to reach $4.3 billion by 2032, exhibiting a CAGR of 5.2% from 2023 to 2032.

Crossroads RMC's RMClabel software automates the printing of customer-specific and item-specific labels...

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Ensuring access to historical logistical and financial transaction information for your employees is crucial. However, before proceeding with archiving or deletion, it's essential to evaluate the necessity of retaining this data. Baan and Infor LN (ERP LN) offer standard archiving sessions within major modules that typically handle a significant volume of historical transactions. These sessions are designed to transfer historical data to an archive company before deleting it from the operational company.

When it comes to archiving sessions, you have three primary options:

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