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BPCS/LX Tip of the Week: Estimates Versus Actuals

Anthony Etzel 0 32628 Article rating: No rating

So, how many of you have updated the estimated cost of material and labor in your ERP system recently? ……Hmmmm. That’s what I thought.

Do you have any idea how accurate those numbers are? Are you making business decisions based on estimates that are completely inaccurate?

Consider switching from estimates to actuals. Furthermore, consider implementing an automated data collection system to make this easy. By collecting production and labor data real time, you can gain real insight into your business and you gain the ability to look at the profitability of individual jobs, projects and employees.

Optimize Your Manufacturing Today!

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Baan/LN Tip of the Week: Estimates Versus Actuals

Kathy Barthelt 0 79773 Article rating: 5.0

So, how many of you have updated the estimated cost of material and labor in your ERP system recently? ……Hmmmm. That’s what I thought.

Do you have any idea how accurate those numbers are? Are you making business decisions based on estimates that are completely inaccurate?

Consider switching from estimates to actuals. Furthermore, consider implementing an automated data collection system to make this easy. By collecting production and labor data real time, you can gain real insight into your business and you gain the ability to look at the profitability of individual jobs, projects and employees.

Optimize Your Manufacturing Today!

Read more

Baan/LN Tip of the Week: 4 Benefits to Consider - Cross-Docking

Kathy Barthelt 0 78166 Article rating: No rating

Cross Docking is the practice of immediately processing completed goods to fulfill ‘demand’ requests with minimal handling. Cross Docking automatically combines and performs Baan / Infor LN steps to fill demand and shortages at the time items are available. Shortages are sorted and filled by the oldest demand date.

Benefits of Cross Docking include:

  • Direct and indirect labor savings resulting from operational efficiencies gains
  • Increased inventory accuracy, reliable on-hand inventory information and improved data entry
  • Increased productivity
  • Increased customer retention due to faster, more accurate fulfillment

Optimize Your Manufacturing Today!

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BPCS/LX Tip of the Week: The 3 Secrets to Improving Your MO (Manufacturing Optimization)

Anthony Etzel 0 30980 Article rating: No rating
  1. Identify the key metrics. You need benchmark data so you know what realistic goals are, then track them and publish your performance along with a brief comment from time to time on how things are trending and how you compare with others, particularly your primary competitors. The best thing about this is that it is a system that develops a life of its own.
     
  2. Measure it. Automatically, people start to think about improving things. Then the fun part, stuff begins to improve by itself. Once in place, the system just hums along and the benefits appear, because it has motivated people to think about it, and figure out what they can do to make it better.
     
  3. Communicate it. Publish your numbers, and explain to people how what they do affects the company as a whole and its success/failure. Once they see the numbers, employees quite often start to modify their behavior for the better.

Optimize Your Manufacturing Today!

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BPCS/LX Tip of the Week: Gain Efficiency & Save Money – Evaluate Your Production Lines

Anthony Etzel 0 35764 Article rating: No rating
When is the last time you took a hard look at your production lines?
 
  • How are we moving product through our facility?
  • Do we have work instructions / drawings available where needed?
  • Do we have frequently used inventory available at the line?
  •  
  • Where are the bottlenecks?
  • Are processes automated, where possible?
  
Taking a hard look at your processes and procedures may reveal some interesting results.  

Don’t assume that everyone is doing things the same way. Some may be superstars, and others may need some mentoring. Some processes may be outdated and costing you time and money, while others are extremely efficient. One area of the business may benefit from how others operate. Take the time to review and analyze your findings. Your company may benefit greatly as a result.


Optimize Your Manufacturing Today!

Read more

Baan/LN Tip of the Week: Gain Efficiency & Save Money – Evaluate Your Production Lines

Kathy Barthelt 0 73053 Article rating: No rating
When is the last time you took a hard look at your production lines?
 
  • How are we moving product through our facility?
  • Do we have work instructions / drawings available where needed?
  • Do we have frequently used inventory available at the line?
  •  
  • Where are the bottlenecks?
  • Are processes automated, where possible?
  
Taking a hard look at your processes and procedures may reveal some interesting results.

Don’t assume that everyone is doing things the same way. Some may be superstars, and others may need some mentoring. Some processes may be outdated and costing you time and money, while others are extremely efficient. One area of the business may benefit from how others operate. Take the time to review and analyze your findings. Your company may benefit greatly as a result.

Optimize Your Manufacturing Today!

Read more

Baan/LN Tip of the Week: Operational Inefficiencies

Kathy Barthelt 0 78061 Article rating: No rating
Two big sources of inefficiencies in manufacturing are paper and spreadsheets. 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.

  

Optimize Your Manufacturing Today!

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BPCS/LX Tip of the Week: Shop Order Status Codes

Anthony Etzel 0 32271 Article rating: 3.0

Shop Order status codes have been improved to provide a more comprehensive view of the life cycle of a shop order.

In addition to the previously existing ‘Shop Order Status Code’, the Production Status Code has been added. This code is designed to indicate progress and completion levels of each shop order.  Valid codes are:

‘blank’ - no completed items

25 - a partial quantity has been reported

35 - the quantity reported is equal to or greater than the order quantity

  

Optimize Your Manufacturing Today!

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Tips:  LX | BPCS | M3

Crossroads RMC
/ Categories: Infor LX & BPCS Tips, Infor LN & Baan Tips

Crossroads RMC Tip of the Week: How to Prevent Your Company From Being a Victim of Ransomware

This is unfortunately becoming a common occurrence in today’s digital society and we are hearing about these sort of attacks quite frequently.

There are a few dos and don’ts when it comes to ransomware as recommended by Norton 360:   

  1. Do not pay the ransom. It only encourages and funds these attackers. Even if the ransom is paid, there is no guarantee that you will be able to regain access to your files.
  2. Restore any impacted files from a known good backup. Restoration of your files from a backup is the fastest way to regain access to your data.
  3. Do not provide personal information when answering an email, unsolicited phone call, text message or instant message. Phishers will try to trick employees into installing malware, or gain intelligence for attacks by claiming to be from IT. Be sure to contact your IT department if you or your coworkers receive suspicious calls.
  4. Use reputable antivirus software and a firewall. Maintaining a strong firewall and keeping your security software up to date are critical. It’s important to use antivirus software from a reputable company because of all the fake software out there.
  5. Do employ content scanning and filtering on your mail servers. Inbound e-mails should be scanned for known threats and should block any attachment types that could pose a threat.
  6. Do make sure that all systems and software are up-to-date with relevant patches. Exploit kits hosted on compromised websites are commonly used to spread malware. Regular patching of vulnerable software is necessary to help prevent infection.
  7. If traveling, alert your IT department beforehand, especially if you’re going to be using public wireless Internet. Make sure you use a trustworthy Virtual Private Network (VPN) when accessing public Wi-Fi like Norton Secure VPN.
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Tips: LN | Baan

You can move monthly periods to a different parent period. For example, if you have a monthly calendar, you can create quarter periods and move months to the quarters.

  1. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance.
  2. Open the finance enterprise group.
  3. Click the Calendar tab.
  4. Open the calendar for which you want to move periods.
  5. Click the Hierarchy tab.
  6. Select the periods to move.
  7. Select Actions > Move.
  8. Select the new parent period under which you want to move the periods.
  9. Click OK.
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