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Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Baan/LN Tip of the Week: How Accurate is Your Inventory?

Just a refresher on a tip I’ve shared previously from Supply Chain Technology Bulletin regarding how to attain greater inventory accuracy. I thought it would be worthwhile to share again:

  1. Record data regarding your inventory as soon as the items arrive at your door / receiving dock. With information, you can make decisions. Without it, you waste money, time and effort.
  2. Leverage data collection, label generation and RFID solutions to make your life easier.
  3. Set inventory accuracy goals for the business and for employees.
  4. Train your employees so they know what is expected of them, and how to best perform their job and therefore how best to maintain accurate inventory counts.
  5. Count the inventory – and do it regularly. Find a method that works best for your employees, and for your business.
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Kathy Barthelt

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Tips:  LX | BPCS | M3

Want to increase your efficiency across your organization?

Is access to real time data important to you?

Take a look at how and where your information is stored. Do you have employees keeping separate spreadsheets or databases outside of your ERP?

Separate data silos means that information is not being shared between departments. This can hamper growth, and cut down on overall efficiency. Take a look at why these silos exist. Can something be done within your ERP system to avoid having to store the information elsewhere? Can an integration be cre

ated to allow the ERP to have exposure to other databases, or allow updates to occur between systems?

Need help figuring out where to start? Contact us. We’d be happy to help.

Optimize Your Manufacturing Today!

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  • Print Sales Order History Information - all invoices processed through sales
  • Check Inventory Valuation - this should tie out to your inventory accounts
  • Print Integration Information - see all postings from WIP to finished goods
  • Print G/L Transaction Information - print specific transaction types for any GL account
  • Print Lot Control Information - will show where serial numbers were used

Optimize Your Manufacturing Today!

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Tips: LN | Baan

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