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Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

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Infor ERP Tips & News from the Experts

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

Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS / LX Tip of the Week: Inventory Period Balance Freeze

This enhancement provides clients the ability to store the opening/ending on hand balance for each Inventory period at the Item (IIM), Warehouse/Item (IWI) and Lot/Location (ILI) levels. Infor LX clients can back date inventory transactions into the immediate previously closed period, and thus update what was saved as the opening/ending balance throughout the current open period. 

Tracking the opening/ending/period balance for each inventory period can give users insights into the levels of inventory for each item, item/warehouse and item/warehouse/lot/location combination.

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Tips:  LX | BPCS | M3

Tips: LN | Baan

For many manufacturers, ERP has been the backbone of the business for years. It manages orders, inventory, purchasing, production, and financials. But as customer expectations, technology, and business demands continue to evolve, many organizations are finding that the conversation is no longer just about ERP.

It's about what surrounds it.

Questions we're hearing more often include:

  • How do we better connect our systems?
  • How do we improve visibility across the business?
  • How do we support growth without adding complexity?
  • When does cloud migration make sense?

These aren't technology questions as much as they are business questions.

Modernization Isn't All or Nothing

One of the biggest misconceptions about cloud migration is that it requires replacing everything at once.

In reality, many manufacturers take a more practical approach. They begin by identifying areas where modernization can deliver immediate value.

That might include:

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