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George Moroses
/ Categories: Crossroads MES, Finance, Manufacturing, Operations, Technology

Infor LX & BPCS: Waste in Manufacturing

In manufacturing, waste is anything that doesn’t add value to or benefit the end customer. Reducing waste enables manufacturers to save money and increase productivity. Where is the waste happening in your processes?

How often is your department spending time and resources on the following tasks?

Manufacturing:

  • Correcting repeated problems with production quality
  • Juggling manual production schedules
  • Holding up production due to delayed component deliveries
  • Constantly evaluating labor and material resource needs


Materials:

  • Correcting deliveries with missing or wrong items
  • Sending overstocked inventory back to a warehouse or other location
  • Searching for raw materials, tools, or other equipment
  • Waiting on a late delivery from a supplier


Finance:

  • Managing increasing carrying costs of inventory
  • Dealing with budget overruns on projects
  • Managing cash flow due to unnecessarily long lead times and shipment times
  • Constantly evaluating labor and material costs to get overall production costs down


Company-wide:

  • Correcting repeated problems with production quality
  • Correcting deliveries with missing or wrong items
  • Holding up production due to delayed component deliveries
  • Constantly evaluating labor and material costs to get overall production costs down


What if you could eliminate these problems by spending $5/day?

Crossroads MES (Manufacturing Execution System) captures all of your ERP production data and harnesses the power of that data to “UP” your team’s efficiency by providing the right information at the right time to the right people to eliminate waste and optimize your business.

Watch video (2:00) to learn more:

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Tips:  LX | BPCS | M3

Establishing the Quantity On-Hand and the Quantity Available.

LX maintains buckets for information associated with the following inventory transactions for each item:

  • Opening Balance
  • Issues
  • Receipts
  • Adjustments
  • Allocations for the Customer
  • Allocations for Manufacturing


The on hand quantity does not include any allocations. To arrive at the on hand quantity, start with the opening balance, less any issues, plus any receipts, then add or subtract any adjustments. Available inventory is the on-hand less any allocations.

 

 

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Understanding: The Cycle Count Alternative

The best way to cycle count is to count the same number of items each day and at the same time each day. The goal is to count your “A” items 4 times a year. The “A” items should be those item that are about 80% of the total inventory value and 20% of the total items. Consider creating your own cycle count schedule then instead of using the cycle count transaction, use the inventory adjustment transaction. The item balance is changed at the time the transaction is keyed. The transaction list can be used for the reconciliation process.

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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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