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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: Inventory Period Balance Freeze

Anthony Etzel 0 40002 Article rating: No rating

This new feature provides the ability to freeze period-end balances at the end of a fiscal period.

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.

This information can then be used for inventory tracking and valuation purposes, as well as other ad hoc financial and audit reporting requirements.

One key benefit is that 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.

Optimize Your Manufacturing Today!

Baan/LN Tip of the Week: Make Your ERP Work FOR You - Streamline Your Processes

Kathy Barthelt 0 83103 Article rating: No rating

Such lofty goals you had when you implemented your ERP system. It was going to be like pressing the “Easy Button”…  then it wasn’t.

What happened? In some cases, decisions were made to implement the system “just like we used to run our old system”. Great idea? Not so much. Your business changes, and your business software needs to change as well.

Are you using the ERP system, but everything seems cumbersome and takes more time than its worth? 

Ask yourself these questions:

  • Have you looked at streamlining your processes?
  • Can you automate a step or two and eliminate some manual keying?
  • Can you add barcoding to avoid keying in some information altogether?
  • How about automating the printing of some reports?

Now is the time to sit down and really review the steps required to complete the task and think out of the box a bit. Soon you can develop your own streamlined process to get the job done quickly and efficiently.

Optimize Your Manufacturing Today!

BPCS/LX Tip of the Week: Inventory Transactions

Anthony Etzel 0 46852 Article rating: No rating

You can define internal trade relationships between enterprise units or individual warehouses of the same logistic company for the transfer of material, labor, or other costs between warehouses, and to generate invoices for these without using sales orders and purchase orders. For example, you can use this to transfer goods between warehouses in different countries.

You can define warehouse surcharges, which are added to the actual costs of the goods either when the goods are issued from a warehouse or when the goods are received.

Optimize Your Manufacturing Today!

Baan/LN Tip of the Week: Multi-Company Warehousing

Kathy Barthelt 0 85543 Article rating: No rating

You can define internal trade relationships between enterprise units or individual warehouses of the same logistic company for the transfer of material, labor, or other costs between warehouses, and to generate invoices for these without using sales orders and purchase orders. For example, you can use this to transfer goods between warehouses in different countries.

You can define warehouse surcharges, which are added to the actual costs of the goods either when the goods are issued from a warehouse or when the goods are received.

Optimize Your Manufacturing Today!

Crossroads RMC and Kardex Remstar Partner to Provide Solution for L3 Electron on Infor LN

Crossroads RMC 0 33669 Article rating: 3.0

L3 Electron has selected Crossroads RMC to develop a connector from Kardex Remstar’s Power Pick Global software to Infor LN. Power Pick Global facilitates batch picking, allowing an operator to fill multiple orders at one time, increasing productivity significantly. Multi-user-picking provides the flexibility to easily add additional labor to further increase picking speeds when order volume is high. Optical indicators such as Pick-to-Light and Put-to-Light direct the operator to the exact location of the pick, increasing accuracy and reducing the number of picking errors. L3 Electron is a technology company specializing in the manufacture of microwave devices for ground-based, airborne and satellite communications and radar. Go live is scheduled for late Q3 of 2017.

BPCS/LX Tip of the Week: Operational Inefficiencies

Anthony Etzel 0 43091 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.
 
Optimize Your Manufacturing Today!

Baan/LN Tip of the Week: Operational Inefficiencies

Kathy Barthelt 0 83102 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.
 
Optimize Your Manufacturing Today!

BPCS/LX TIP OF THE WEEK: REGULATORY ENHANCEMENTS

Anthony Etzel 0 45533 Article rating: No rating

In LX 8.3.5, a new report has been added that meets the regulatory reporting requirement for purchase and sales transactions (invoices, debit notes, credit notes) of a company. The report refers to transactions from the previous year (January – December). The report is available in an eFile layout.

The enhancement provides a new display and batch programs to extract the data and format the reports. New logs are provided in addition to the extraction report.

This enhancement will assist the user in meeting the regulatory requirement for reporting transactions.

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Tips:  LX | BPCS | M3

Tips: LN | Baan

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Infor LX & BPCS Tip of the Week: Reports to Analyze Company Performance

You know what ERP data you need to analyze your company’s financial and production health, but sometimes it's a struggle to get that data in a format that is meaningful. Here are some reports in BPCS & Infor LX which you may find useful.

As is the case with most ERP reports, with each version progression from the earliest versions of BPCS to the latest version of Infor LX, there are improvements in selection criteria and report content. Some may require some setup and others may require some formatting if you would like to export them to Excel. Contact me if you have questions or need assistance.

BPCS & LX FINANCE REPORTS:

BPCS:

  • GLD240 - General Ledger - Trial Balance
    • This report allows you to produce a menu-driven Trial Balance that shows Opening and Closing balances, and Activity, for any range of Profit Centers and accounts in the GL Master. 
  • GLD250 - Journal Entry Audit Report
    • This report answers the Audit need. It provides Journal detail for selected Journal Sources and includes Reference fields that tie GL transactions to the Subsystem source. 

Infor LX

  • CLD220 - General Ledger - Trial Balance
    • This report allows you to produce a menu-driven Trial Balance that shows Opening and Closing balances, and Activity, for any account range from a customized Chart of Accounts. Year and Period selectivity, along with Journal Source choices, allow for as focused a view of an organization's GL activity as an accounting department needs. 
  • CLD285 - CEA Audit Report
    • This report answers the Audit need. It provides Journal detail for all Account Strings selected and includes Reference fields that tie GL transactions to the Subsystem source.


BPCS & LX MANUFACTURING REPORTS:

BPCS / Infor LX:

  • CST270 – Shop Order Cost Variance & WIP Report
    • This is by far the best total picture of what happened on any Shop Order from several perspectives (cost/efficiency/overall performance).
       
  • INV220 – Stock Status Summary & INV210 – Turnover Analysis
    • ​Both of these reports give you a view of how your inventory is moving to use as a measurement of the Planning Settings and which items need closer review.
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