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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

BPCS/LX TIP OF THE WEEK: GETTING A HANDLE ON DOWNTIME

Anthony Etzel 0 48257 Article rating: No rating

It is essential to capture a reason and duration for each downtime incident to enable the team to effectively prioritize and focus.

Start simple, and make sure every reason is clear (when compared with other reasons) and describes symptoms (as opposed to attempting to diagnose root causes). Remove reasons that aren’t regularly used and add reasons.

 

Baan/LN Tip of the Week: Getting a Handle on Downtime

Kathy Barthelt 0 85290 Article rating: No rating

It is essential to capture a reason and duration for each downtime incident to enable the team to effectively prioritize and focus.

Start simple, and make sure every reason is clear (when compared with other reasons) and describes symptoms (as opposed to attempting to diagnose root causes). Remove reasons that aren’t regularly used and add reasons.

BPCS/LX Tip of the Week: What Should I Consider When Analyzing my Sales?

Anthony Etzel 0 50936 Article rating: No rating

From a recent article published by M4B Marketing:

When analyzing your sales performance consider the following: 

  • Pricing changes eg. price increases or discounting
  • Competitors – competitors entering or exiting the market
  • New product or service launch growing sales
  • New product or service cannibalizing existing product or service sales
  • Customers moving between products or services
  • Changes in customer demand eg. increasing or decreasing
  • The segments and distribution channels you operate in
 

Baan/LN Tip of the Week: What Should I Consider When Analyzing My Sales?

Kathy Barthelt 0 2760597 Article rating: No rating

From a recent article published by M4B Marketing:

When analyzing your sales performance consider the following: 

  • Pricing changes eg. price increases or discounting
  • Competitors – competitors entering or exiting the market
  • New product or service launch growing sales
  • New product or service cannibalizing existing product or service sales
  • Customers moving between products or services
  • Changes in customer demand eg. increasing or decreasing
  • The segments and distribution channels you operate in

Crossroads MES – The Shining Star of Hoffmaster’s Move to LX

Anthony Etzel 0 36906 Article rating: No rating

When Hoffmaster finally flipped the switch on its ERP migration at the end of February, the IT director was nervous. Not only was the paper-goods supplier consolidating a manufacturing site on Infor ERP LX, but it was also replacing an old shop floor reporting system with a new one from Crossroads RMC. There was a lot that could go wrong for the IBM i shop.

"When we weighed all of our products, Crossroads RMC pretty much convinced us their product was plug and play and their integration back to LX was solid as a rock, and they were right..." the IT director says.

Click Here to Learn about Hoffmaster’s move to Infor LX and their implementation of the Crossroads MES solution.

Tip of the Week: Operational Inefficiencies

Anthony Etzel 0 55847 Article rating: No rating
Two big sources of inefficiencies in manufacturing are paper and spreadsheets. I know that you love ‘em, but they are the cause of more problems than you probably realize. Think of how long it takes you to get paper-based data into the hands of those who can do something valuable with the data.
 
  • Is the information captured correctly?
  • Can everyone access the information?
  • Is this an accurate representation of what’s going on across all operations?

Make your shop floor paperless and put systems in place that talk to one another and automatically pull and push data to and from your ERP so that you can look in one place for all the information you need to run your business effectively.

If you’re not doing this today, you might as well be burning money.
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Tips:  LX | BPCS | M3

Tips: LN | Baan

George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: Automated Approach to Your Cash Application Process with ARP

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:

  • Receive lockbox deposits electronically from your banks on the day the payments are deposited
  • Automatically apply the majority of the day's receipts to open items in accounts receivable in one batch process
  • Perform online disposition of exceptions the system encounters during the automatic cash application process
  • Generate a complete set of daily reports and maintain historical deposit and payment information online to allow you to audit all cash applications

The ARP automatic cash application process can be summarized in a series of operations that highlight the labor savings provided. ARP processing requires some setup to ensure that the process operates as efficiently as possible.

ARP allows you to perform the following operations:

  • Receive/Edit Bank Transmission of Lockbox Deposits
  • Identify/Assign Customer Numbers
  • Select Customer Open Items
  • Summarize Open Items Extracted
  • Check Application Against Open Items
  • Produce Reports Recapping Check Application Process
  • Create Disposition and On-Account Payment Records
  • Report Check Differences
  • Create Applied Checks Interface Records to Accounts Receivable
  • Flag Disposition Records as Temporarily Paid on Ledger File
  • Update A/R Ledger and Audit Files
  • Open Item Extraction

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