Cross Docking can provide significant improvements in efficiency by looking for outstanding requirements for an item (production orders, sales orders, replenishment orders) and automatically assigning the incoming item to that requirement instead of putting the item away into inventory, only to retrieve it later. Consider implementing cross-docking at your facility. 

Optimize Your Manufacturing Today!

Just a refresher on a tip I’ve shared previously from Supply Chain Technology Bulletin regarding how to attain greater inventory accuracy. I thought it would be worthwhile to share again:

• Record data regarding your inventory as soon as the items arrive at your door / receiving dock. With information, you can make decisions. Without it, you waste money, time and effort.
• Leverage data collection, label generation and RFID solutions to make your life easier.
• Set inventory accuracy goals for the business and for employees.
• Train your employees so they know what is expected of them, and how to best perform their job and therefore how best to maintain accurate inventory counts.
• Count the inventory – and do it regularly. Find a method that works best for your employees, and for your business.

Optimize Your Manufacturing Today!

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

• Bank Statement Workbench (tfcmg5610m100)
• Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

OPERATIONS: Update, Cancel or Remove Outbound Order Lines

FINANCE: Currency Differences Accounts

TECHNOLOGY: Advantages of Data Replication