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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 manufacturers and accounting info


What Could Process Manufacturers Do Better in PLM?
Part 1 of my recent blog series, Filling the Holes and Breaking Down Artificial Walls in a Process PLM Solution Set, established that the product lifecycle

manufacturers and accounting info  of recyclable package content, manufacturers are creating new package variations and lightweight options of their primary packaging. But how might reacting to these pressures impact these companies’ process PLM implementations? Exploring Lower-cost Ingredients Reducing direct material costs by reformulating with lower cost alternate materials seems like a straightforward task, right? Well, assuming that all of the replacement materials are approved, are companies still limited by their PLM system’s

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

ERP for Manufacturing (SMB)

TEC's new ERP for Manufacturing (SMB) evaluation model targets the software requirements of small and medium enterprises. If your organization doesn't have many sites to operate, seeks a solid base of ERP functionality, but doesn't want every possible feature of the biggest systems on the market, this model is a good starting place for your research. It covers fully featured accounting solutions with necessary manufacturing, inventory, human resources, purchasing, quality, and sales management functionality. 

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Documents related to » manufacturers and accounting info

ERP Multisite Costing Challenge and Solution


Significant management issues posed by multisite manufacturing environments include optimizing resource use at each site and delivering the lowest possible cost for each stage in the product manufacturing cycle. To facilitate meaningful results in achieving these requirements, enterprise resource planning (ERP) software must thus provide the right tools for ensuring that multisite processes come up to “best-in-class” standards.

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TEC's Mid-market ERP-Distribution Buyer’s Guide


Midsize manufacturers and distributors now have access to an array of powerful software solutions that simply weren’t available before. But with so many choices, you need accurate and unbiased information. This comprehensive guide from TEC and SupplyChainBrain provides a state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a directory of the leading vendors in the field.

This guide features information on vendors offering dedicated ERP-distribution solutions for the midmarket. These solutions are all designed to address the logistical, financial, and workflow issues facing the distribution industry today.

Inside, you’ll find a chart highlighting 10 featured vendor solutions by installed base and business components, ranging from warehouse, transportation, and inventory management, to international trade logistics, Web commerce, and human resources (HR) and financials.

As well, you’ll find an analysis of the state of the market by the editor of Supply Chain Brain. Customer success stories have been included to illustrate how ERP-distribution solutions have helped companies like yours solve distribution and business logistics problems.

For your convenience, there’s also a vendor directory to assist companies looking for either full ERP-distribution systems, add-ons, or third-party solutions for the following: demand management (DM), retail systems, supply chain management (SCM), transportation management systems (TMSs), and warehouse management systems (WMSs).

We hope you’ll find this guide a useful tool in determining which ERP-distribution solutions are best suited for your company’s business model and particular needs.


Table of Contents


Introduction

State of the Midsize ERP-Distribution Marketplace

Methodology

Vendor Capabilities

Business Components

Customer Profile

Spotlight on ERP-Distribution

Executive Summary

Customer Success Stories

Spotlight on Inventory and Accounting

Executive Summary

Customer Success Stories

Spotlight on Supply Chain Management

Executive Summary

Customer Success Stories

Vendor Directory

Profiles

Demand Management

ERP-Distribution

Retail

Supply Change Management

Transportation Management System

Warehouse Management System


Download the full copy of the TEC ERP-Distribution Buyer’s Guide for the Mid-market.


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Inventory Management and Accounting Conundrum


The challenges of inventory management and the notion of inventory as a “necessary evil” (or the “asset versus liability” dilemma) have long been haunting 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 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 to customer fulfillment, inventory optimization, and new product delivery and introduction—all of which involve the planning and movement of inventory. Profit margins are also directly proportional to operational excellence in each of the above processes.
While cherished by material management folks as supply chain “grease,” inventory is not that beloved by financial managers.

The motto “time is money” certainly holds true when it comes to inventory valuation. Well, maybe in a reverse (negative) manner, because typically neglected in the continuous battle for executives’ focus and priority is the management of at-risk, aging inventory—be it excess active, obsolete, returns, or refurbished inventory. Some refer to these items as “slobs,” which stands for “slow moving and obsolete” ones. In other words, most companies in the sectors of high-tech, consumer electronics, retail, and consumer packaged goods (CPG) are focused on new product introductions. Given that everybody is most excited in the early stages of product life cycles (that is, devising and delivering the brand new, “coolest” products), much less attention is paid to the languishing, “totally so not cool” older product lines, with millions of accompanying inventory asset recovery dollars slipping away annually as a consequence.

Excess inventory, which ties up working capital and whose value is declining by the day, does not necessarily come from new product introductions only. Nowadays the manufacture of most goods is largely carried out in the Far East, which comes with a nominal item price advantage, but also with many potential downsides. In addition to the inevitable quality, communication, and cultural issues, manufacturing product in such lower cost, remote locations means a sizeable lead time increase, as the goods will need to be transported from the Far East back to the company’s warehouse. This in turn means that a planner will have to forecast the demand before placing an order with a remote supplier far away.

Download the full copy of the TEC ERP-Distribution Buyer’s Guide for the Mid-market.

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5 Common Hurdles During the ERP Selection Process-And How You Can Avoid Them


With so many different enterprise resource planning (ERP) applications on the market, selecting the right solution can be extremely time-consuming and daunting. In fact, according to a recent study, nearly three-quarters of manufacturers are dissatisfied with their current systems. However, following a clearly defined selection process—and learning from the mistakes of others—can drastically improve your chances of success.

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Monitoring Your Business Vital Signs: A Guide for Engineer-to-order and Project-based Manufacturers


Keeping track of your key business indicators is the difference between a thriving business concern and a business on life support. But even with this knowledge, one-third of chief executive officers (CEOs) feel they don’t spend enough time reviewing financial and operating numbers. But is spending more time agonizing over piles of data really the best solution?

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United States 2009/2010 Manufacturers: Executive Summary


Get insight into manufacturing production metrics and best practices in the US, and benchmark your operations to better understand how to improve in today’s difficult economic climate. The Manufacturing Performance Institute (MPI) presents its findings, comparing and contrasting the responses of plants that rate themselves closest to—and furthest from—world-class status. See how your manufacturing facility stacks up.

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Do More with Less: 5 Strategies Used by Successful SMB Manufacturers


A common issue facing small to medium business (SMB) manufacturers today is finding out how to increase revenue and grow business without significantly adding staff. With larger firms able to compete by drawing upon greater financial resources, the SMB manufacturer is at a distinct disadvantage. Find out about five ways a lean strategy for small business can help you maximize resource use and minimize overhead costs.

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Key Challenges Facing Consumer Packaged Goods Manufacturers and What They Must Do To Survive


Consumer packaged goods (CPG) manufacturers face pressures from fickle consumers, powerful retailers, globalization, and more. The CPG manufacturing industry is large and thriving, but margins are slim and competition is furious. There are hundreds of product categories, and to compete, firms must constantly innovate. See how small-to-medium CPG manufacturers can survive in the face of these external pressures and fewer resources?

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The Fatal Flaws for Process Manufacturers


Every piece of software you consider holds the potential for fatal flaws. Miss the fatal flaws and it is difficult to project what the future holds for you. Process manufacturers have greater odds of running into Fatal Flaws than other companies.

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Essential Guide to ERP for Process Manufacturers


Whether you’re in the process of re-evaluating your existing enterprise resource planning (ERP) application or planning to install your first packaged system, your success depends on identifying ERP applications that have a strong process manufacturing foundation and can support your unique requirements with minimum customization. This guide links the unique operations of process manufacturing with ERP capabilities.

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How to Choose ERP Software for Process Manufacturers


To end up with the right enterprise resource planning (ERP) solution, it’s important to ask the right questions. Because an ERP purchase will make one of the greatest impacts on your business (either good or bad), it’s worth taking the time to learn everything you can. Answering the questions in this paper will help you sort through the vast array of manufacturing ERP solutions.

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