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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

Infor LN & Baan Tip: Cash Flow Functionality and Setup

Kathy Barthelt 0 56448 Article rating: 5.0

A cash flow statement provides a historical view of the movement of cash within a company. This statement offers an overview of both the origins and destinations of cash, aiding management in evaluating the company's ability to fulfill short-term financial obligations. To differentiate between various sources and uses of cash, reason codes can be utilized. When interacting with cash transactions in relevant sessions, users have the option to input or review the corresponding cash flow reason. The cash flow statement organizes cash transactions based on these reasons. LN software system maintains year-specific opening balances for cash flow transactions. Should the need arise, users can manually input opening balances in the Opening Balance Cash Flow (tfgld2118m000) session.

To set up the cash flow statement, use the following sequence of sessions:...

ERP & the Importance of Accuracy & Productivity

Infor LN & Baan

Kathy Barthelt 0 16969 Article rating: 5.0

If you don't think accuracy and productivity are important, you need to take a hard look at HOW you’re running your ERP system.

  • Have you eliminated large amounts of data entry?
  • Is your data error-free at month's end?
  • Do all of your systems talk to one another?

If the answer is no, Crossroads RMC can improve accuracy and productivity with system integration and/or automation.

Too expensive you say? Too time-consuming and way too much effort to make it happen? Not necessarily... 

Effective September 30, 2023, IBM® will end support of the IBM i operating system 7.3

AND Infor will no longer support LX and related products on IBM i 7.3 as of June 1, 2024

Crossroads RMC 0 14900 Article rating: 5.0

THE CLOCK is T I C K I N G ... 

MARK YOUR CALENDARS!
Effective September 30, 2023, IBM® will end support of the IBM i operating system 7.3  AND  in line with IBM’s support policy, Infor will no longer support LX and related products on IBM i 7.3 after May 31, 2024.

All Infor LX releases, patches, and related solutions will be...

Infor LN & Baan Tip: Considerations for Release to Warehousing for a Cost Item

Kathy Barthelt 0 56611 Article rating: 5.0

When there are two Cost Items, one with Release to Warehousing applied and the other with Release to Warehousing not applied, upon approval of the Sales Order, the Cost Item that is released to Warehousing will go straight to Staged status, pending Shipment confirmation, while the Cost Item that is not released to Warehousing will be up for Sales Deliveries.

Apart from this main difference in functionality between having and not having this option to release to Warehousing checked, there are other impacts to consider...

Reskilling and Upskilling Your Staff – Why You Shouldn’t Ignore This

Crossroads RMC 0 13746 Article rating: 5.0

According to the World Economic Forum, half of all employees will require significant reskilling or upskilling by 2025.

For many of you, your Infor ERP system was implemented 5, 10, 15, or 20+ years ago, and now there are only a handful of people left from that implementation if any at all. Since most of your "how and why" walked out the door, how much longer can you get by on “tribal knowledge”? While many companies understand the importance of employee training, implementing that training remains a challenge. What’s the best way to proceed you ask?

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Infor LX & BPCS: Why You Need MES

You know your plant better than anyone, and most likely you'd admit that there is room for improvement. Perhaps too many defects are causing costly issues down the road, or maybe your production is behind and orders are shipping late? Do you know what needs to be improved? Do you know about the root causes of the problems that you’re experiencing? Is it fair to say, you don’t know what you don’t know … yet?

MES helps you dig into the problem and better yet, SOLVES the problem!

What Is MES and How Does It Work?

Many companies still enter data manually or share work instructions on paper. Most of them, however, know there’s a better way to organize the mass of activity happening on the plant floor. MES provides visibility to that activity as well as the underlying data and uses that data to improve how that activity is done and makes it repeatable. MES connects multiple sites, integrates with equipment, and raises the effectiveness of business applications all to better optimize operations.

The 3 Pillars of MES:

  1. Establishing a plan and staying on schedule. The system takes your input — production shifts/times, production goals, etc. — and calculates the rate at which you need to complete production in order to meet customer demand. Operators see real-time progress on dashboard graphics, knowing the progress at every moment.
  2. Enforcing a repeatable process. Knowing your process is being followed exactly as defined provides the ultimate peace of mind. Every target, from fastening to product routing, is achieved just as you defined it time after time.
  3. Creating a rich data set. Capturing data is one thing; being able to act on that data is really the key to driving improvement initiatives. Use your analytics, explore your data set, and identify and solve your hidden inefficiencies.

All three of these MES pillars are used to help you reach productivity and quality goals by:

  • Solving production scheduling challenges
  • Discovering and sharing your best operators’ insights
  • Uncovering inefficiencies in your process and fixing them
  • Reducing the exhausting task of putting out fires
  • Establishing a continuous improvement philosophy
  • Increasing operator engagement and dedication

And if you need another reason... according to Forbes.com, MES ranks in the Top 5 Key Areas to Affect How Goods Are Made in 2023 - Five Predictions For Manufacturing And Logistics In 2023.
https://www.forbes.com/sites/forbestechcouncil/2023/02/13/five-predictions-for-manufacturing-and-logistics-in-2023/?sh=1155863f1f76

So, what's next? Work with Crossroads RMC, an experienced MES partner who has seen situations just like yours and who has guided companies in your position. And best of all, Crossroads RMC doesn’t just know MES, we have a team of experts who are knowledgeable about manufacturing best practices, your Infor ERP, and MES and can bring all of that knowledge together to help you formulate the right plan for your company’s success.

Contact Anthony Etzel at Crossroads RMC today. He can provide you with a free MES ROI calculator to give you some concrete numbers to help you see what MES can do for your business. 800.762.2077

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