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Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

accounting for inventory on consignment  operations and financial and accounting managers. It is a well-known fact that managing inventory risk is about managing the cost of maintaining unnecessarily high levels of inventory against the risk of running out of stock at a crucial moment of truth (MOT) when a customer actually wants something. In a variety of aspects, inventory management is at the heart of the supply chain management (SCM) realm. Supply chain organizations are responsible for all the processes from sales and operations planning (S Read More...
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Documents related to » accounting for inventory on consignment


One Product for Large and Small Manufacturers: Challenges and User Recommendations
A solid product aside, good may be just too good for IQMS. Potential customers may shy away because its well-rounded solution may seem more appropriate for the

accounting for inventory on consignment  companies have either an accounting or project-management system at a plant, which they will not simply rip-and-replace. Thus, prospects might prod IQMS' flexibility to integrate into legacy and other third-party applications, and how it keeps up with new versions or upgrades to both solutions. This may not be the vendor's forte, given it best performs when dealing within the EnterpriseIQ's Oracle-based domain. IQMS thus has to beef up and become more flexible or it has to better advertise its Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

accounting for inventory on consignment  Consignment Stock , Inventory Accounting , Logistics . Less stock, more profit: Inventory optimization Inventory optimization is the area where most ERP software implementations normally get the highest and fastest Return on Investment (ROI) . However, many companies that have implemented an ERP solution have not added a dedicated inventory optimization module. It is a huge potential for companies to maximize the value of their IT investment for a relatively small incremental cost. It is a fundamental Read More...
Comprehensive ERP and Financial Management for a Manufacturing Competitive Advantage
Manufacturers face a challenging environment with scarce credit, pricing pressures, and increasing costs. Critical to success is an enterprise resource planning

accounting for inventory on consignment  Resource Planning Solution , Accounting and Financial Management , Financial Management , Financial Management for a Manufacturing Competitive Advantage , Real-time Monitoring of Financial Conditions , Real-time Financial Tracking , Financial Record-keeping , Scalable Financials , Scale Financial Management , Manufacturing Financial Reports , Automated Financial Systems , Manufacturing Financials , Implement Financial Processes , Comprehensive Financial Reporting , Robust Financial Reporting , Regulatory Read More...
Application Giants in Duel and Duet for Users’ Hearts, Minds … and Wallets
While SAP and Microsoft are concurrently partnering for certain initiatives, they are still dueling about who is bigger, better, smarter, whose user screens are

accounting for inventory on consignment  peer mid-market ERP or accounting solution, Microsoft Dynamics GP has embodied the value of Microsoft SQL Server and the power of Microsoft Office. It is delivered with 21 role-based user templates, over 220 Web services interfaces, contextual BI tools, and integration with Microsoft CRM. In addition to a familiar Microsoft Office UI, other new features include Business Analysis Cubes for Microsoft Excel , expanded scope and functionality around Windows SharePoint Services, and a Visual Studio 2005 Read More...
Six Steps to Effective Inventory Management
You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an

accounting for inventory on consignment   Read More...
ERP for the Oil and Gas Industry (Upstream)
The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for

accounting for inventory on consignment  for the Oil and Gas Industry (Upstream) The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the Read More...
Single Sign-on (SSO): Truths and Myths
Technology products always seem to come out strong, and then wither under intense scrutiny. This was the case with single sign-on (SSO). However, any product

accounting for inventory on consignment  Sign-on (SSO): Truths and Myths Single Sign-on (SSO): Truths and Myths If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. OneSign® Single Sign-On provides a solution that is radically easy to implement - streamlining and tightening security without requiring any scripting, modifications to existing directories or applications, or inconvenient changes to end-user workflow. OneSign SSO enables convenient access to any and all enterpris Read More...
Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions
Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions

accounting for inventory on consignment  Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions The Case for an Inventory Optimization Solution Inventory Optimization solutions allow an organization to achieve a balance between the most efficient investment in inventory and highest customer service levels. One such misconception is that existing enterprise resource planning (ERP) systems can handle inventory management adequately. For small distributors not working in complex Read More...
Accelerating the Speed of Intelligence for Fast and Flexible Forecasting: Engaging the Business for Better Results
Forecasting is changing from a top-down process to a bottom-up one. High-level targets may be useful starting points, but they must be combined with input from

accounting for inventory on consignment  the Speed of Intelligence for Fast and Flexible Forecasting: Engaging the Business for Better Results Forecasting is changing from a top-down process to a bottom-up one. High-level targets may be useful starting points, but they must be combined with input from line management and department heads before being rolled up into enterprise-wide financial goals. Some companies find it effective to “embed” members of the finance function within other business units. Read this white paper to find Read More...
Managing Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them
If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in

accounting for inventory on consignment  Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in real time, which requires flexibility and responsiveness. It’s these two attributes—along with reduced costs—that are the most beneficial in managing for optimal inventory levels. Find out how you can better plan and manage your inventory for Read More...
ERP System for Health Care
A U.S.-based regional healthcare support network turned to TEC for help selecting a distribution enterprise resource planning (ERP for distribution

accounting for inventory on consignment  System for Health Care A U.S.-based regional healthcare support network turned to TEC for help selecting a distribution enterprise resource planning (ERP for distribution) solution for its medical supply and equipment sales division, including a financials module to be used by other divisions. Read More...
IBS Enterprise7 for Enterprise Resource Planning for Distribution Certification Report
The IBS product Enterprise7 is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for distribution in the ERP Evaluation

accounting for inventory on consignment  Enterprise7 for Enterprise Resource Planning for Distribution Certification Report The IBS product Enterprise7 is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for distribution in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth Read More...
The Chemistry’s Right for Betachem: Streamlined Distribution for Importer


accounting for inventory on consignment  Chemistry’s Right for Betachem: Streamlined Distribution for Importer Read More...

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