• There are no suggestions because the search field is empty.

A Full ERP Terminology Dictionary: 166 Terms Defined

By Jack Shannon on 1/18/23 8:00 AM

Topics: ERP research
Continue Reading

ERP for Mid-Sized Businesses: The Selection Criteria

By Bryan Foshee on 12/21/22 10:15 AM

A big decision

If your company is evaluating ERP solutions, you already know that choosing the right system is a big decision. The evaluation process is not straightforward, or something that companies do on a regular basis. Selecting a new ERP is typically a “once in a (business) lifetime” decision, because if you land on the right solution, your company will extract value from it for decades.

Continue Reading

The Future of Cloud ERP for Manufacturing Companies

By Tim O'Brien on 12/7/22 10:00 AM

The future is bright for the continued growth of cloud ERP

More and more manufacturing companies are moving away from on-premise applications. Cloud-based ERP applications are the future for the industry due to the myriad of benefits: alleviated need for hardware, database, and operating system software; fewer internal or outsourced teams for maintenance; and never having to worry about being on the latest version of your ERP.

Topics: ERP research
Continue Reading

Analyze Your Use of Your ERP System with a Business Process Review

By Jack Shannon on 11/30/22 10:00 AM

What is a Business Process Review?

What we do in a Business Process Review (BPR) is pretty straight forward, and we perform several for our clients over the course of a typical year. In the review, we observe how the ERP processes have been built to manage the business. Then, we make recommendations to streamline and improve the processes and procedures related to the flow of data in the company. For example, how to use the ERP to alert procurement of projected material shortages, as opposed to having them look for shortages in a spreadsheet – usually after it was manually updated. In essence, an ERP business process review is a gut check on how things are working, and what can be done to make them better.

Continue Reading

Top 3 Reasons Why ERP Projects Fail

By Tim O'Brien on 11/17/22 10:00 AM

The most common reasons for ERP project failure may surprise you

That vast majority of ERP projects are successful. There are obstacles and challenges associated with any large project, but good teams always succeed. That means you understood the specific steps in the ERP project, built a strong ERP implementation team, and made sure business objectives drove the primary deliverables of the expected new and improved functionality.

Continue Reading

6 Shop Floor Management Techniques Learned From 30 Years of Experience

By Jack Shannon on 11/16/22 1:36 PM

It ain’t easy on the shop floor

Managing a shop floor is no easy task. Your employees make mistakes, equipment breaks, rush orders slip in, jobs ship late, and days are long. On top of that, there is the constant demand to reduce costs and increase quality. It’s a real pressure cooker.

Continue Reading

How To Select the Right ERP System

By Bryan Foshee on 11/9/22 10:00 AM

A big decision that you want to get right

If your company is thinking about getting or actively evaluating new ERP software, then you’re probably in a quandary about how to balance priorities and needs. Selecting the right ERP system for your company means finding one that’s not the most basic, not the most complex, not the cheapest, not the most expensive…. you get the picture. It can be tough to determine which one is a perfect fit. And to complicate matters, an ERP solution is typically a generational decision. Ideally, your company will use it for decades to come, so choosing the best ERP means being able to extract benefits from it now and way down the road.

Continue Reading

Infor VISUAL ERP: In-Depth Review

By Jack Shannon on 11/4/22 1:07 PM

An Exhaustive Look at Infor VISUAL's Functionality

Looking for information on Infor VISUAL ERP? You found the right blog. It's long, but it's thorough. Buckle up, it's going to be an interesting ride.

Why would any manufacturing company want VISUAL ERP?

Actually, that’s an easy question to answer. There are three reasons:

  1. Value: You will not find an ERP product with more depth and breadth of functionality at the same price point.
  2. Ease of use: VISUAL is built by software developers, but the interface was developed by designers to focus on ease of use. The screens are simple and intuitive, yet answers to your next question are in a secondary (child) window or are a simple click away.
  3. Focus: VISUAL is designed for small-to-medium sized manufacturers who create work orders to make or repair items. If this doesn’t describe your company, Infor VISUAL will not be a fit for your manufacturing company. If this does describe your company, keep reading—VISUAL may be exactly what you're looking for. 
Topics: ERP selection
Continue Reading

ERP Software Requirements for Make-to-Order vs. Make-to-Stock

By Tim O'Brien on 10/26/22 10:00 AM

Differences between make-to-stock and make-to-order manufacturing

These two manufacturing modes are just what you’d assume. Make-to-stock manufacturing is where finished goods are built to inventory. The demand associated with make-to-stock is typically driven by a forecast. Additionally, a mix of forecasting, inventory quantities driven by planning policies, and actual demand can drive planning and scheduling for make-to-stock manufacturers.

Continue Reading

Standard Cost vs. Actual Cost in a Work-Order-Driven Manufacturing Company

By Jack Shannon on 9/30/22 4:30 AM

 

The difference between standard and actual cost

Before I get into the best costing methodology for a work-order-driven manufacturing company, let me define both methods. With standard cost versus actual cost, the discussion centers around how the ERP system values an inventory or labor transaction. Here is how the different costing methods calculate the value of the transactions.

Continue Reading