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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

Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Baan/LN Tip of the Week: Top 10 Survival Tips For Manufacturers

by Guy Morgan / IndustryWeek

Under intense cost pressures, quality is at risk at many manufacturers. These 10 tips can help you survive the competitive challenges ahead.

  1. Maintain your focus. Make a decision about the kind of company you are and stick with it. 
  2. Reinvent your products regularly. Suppliers who sharply differentiate their products fare the best. 
  3. Maximize your productivity and increase your speed through enhanced product and process design. Lean manufacturing focuses on production and its associated costs from a component's conception.
  4. Pay attention to your supply chain. You must know about any risks, financial or otherwise, that threaten your suppliers. 
  5. Offshoring vs Onshoring. You must know the total cost of products. 
  6. Improve quality. There are still too many manufacturers delivering components with high defect rates. 
  7. Diversify your customer base. This may involve segmenting your industry or going outside it.
  8. Embrace globalization. Acquisitions, consolidations and diversification can help suppliers achieve economies of scale. 
  9. Invest in your employees. Suppliers who paid higher wages and made bigger investments in training and equipment came through the downturn better than those who didn't.
  10. Facilitate total productive maintenance. While this concept has been around for decades, some manufacturers are still not training machine operators to perform many of the day-to-day tasks of simple maintenance and fault-finding.

Optimize Your Manufacturing Today!

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Kathy Barthelt

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Tips:  LX | BPCS | M3

Employee empowerment is important if you want to retain the skilled workforce you have and attract new talent.

Here are 5 ways you can motivate your employees to give their best every day

  1. Train your employees
  2. Give your employees the right tools
  3. Automate processes
  4. Give your employees real-time feedback
  5. Provide incentives to do more

Can you do it? Of course you can!
You don’t have to do it all by yourself. Companies like Crossroads RMC can assist. We provide training services which can be completely tailored to your business. We also provide software solutions to help automate many of your manual processes, and dashboard solutions to provide real-time feedback on performance.

If you choose to do this, the benefits to your company will be amazing. You will have a happy, loyal and prepared workforce, ready to come to work each day to make the company wildly successful.

Optimize Your Manufacturing Today!

Want to increase your efficiency across your organization?

Is access to real time data important to you?

Take a look at how and where your information is stored. Do you have employees keeping separate spreadsheets or databases outside of your ERP?

Separate data silos means that information is not being shared between departments. This can hamper growth, and cut down on overall efficiency. Take a look at why these silos exist. Can something be done within your ERP system to avoid having to store the information elsewhere? Can an integration be cre

ated to allow the ERP to have exposure to other databases, or allow updates to occur between systems?

Need help figuring out where to start? Contact us. We’d be happy to help.

Optimize Your Manufacturing Today!

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Tips: LN | Baan

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:

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