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George Moroses

Update from Infor Community: inPOWER 2022 – When is it, What is it, Where is it, and Why attend?

Join the LX User Group Board and Dave Rapacz, LX Product Manager, to learn more about the details of the first in-person event since 2019, inPower 2022.

July 12, 2022 11:00pm CT | 12:00pm ET 

They will discuss what to expect at inPower 2022 and the value to the attendees.    

Register today via the community calendar.

Join from the meeting link:
https://formica.webex.com/formica/j.php?MTID=mf2606bd828718d0bfd08f3a93d414ddf

Join by the meeting number:
Meeting number (access code): 2319 016 1781
Meeting password: LXUG

Tap to join from a mobile device (attendees only)  
+1-646-992-2010,,23190161781## United States Toll (New York City)  
+44-20-3198-8143,,23190161781## United Kingdom Toll 

Join by phone  
+1-646-992-2010 United States Toll (New York City)  
+44-20-3198-8143 United Kingdom Toll  
Global call-in numbers  |  Toll-free calling restrictions

Join from a video system or application
Dial 23190161781@formica.webex.com 
You can also dial 173.243.2.68 and enter your meeting number.

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Tips:  LX | BPCS | M3

Common sense rules. We may not like them, but generally, they stand the test of time and should be followed. Here are 8 common sense rules related to inventory management published by Inbound Logistics back in 2007. They still hold true today. 

1. If you don' t know where you are going, no road will take you there. Enterprise resource management systems are designed to tell you about today' s inventory. With some work, you can also access information about past inventory. To manage inventory proactively, however, you must know projected inventory levels for the future.

2. Make what you can sell. An integrated Sales and Operations Plan will naturally take into account expected demand in its production plan. Inventory is not an independent variable - it is the direct result of demand and supply.

3. Sell what you can make. Too often, a disconnect exists between sales and marketing desires and the reality of production capabilities.

4. If you can' t sell it, stop making it. If demand for your product does not materialize, you need to identify that gap quickly to avoid a buildup of non-moving inventory. Numerous mechanisms can be put in place to identify such trends.

For tips 5 through 8 and more details into the other tips, click the button below to read the full article.

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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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