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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

Harnessing the Power of AI to Help Manufacturers Sell More at the Right Time

AI: Transforming Manufacturing—From Production to Profitability

As AI reshapes industries, manufacturers ask critical questions: How will customers discover and purchase products in an AI-driven world? And how can companies keep pace with these advancements?

At Crossroads RMC, we address these challenges with our AI Readiness Assessment (AIRA). An AIRA creates a clear, actionable digital roadmap, significantly boosting efficiency, accuracy, and strategic capabilities. This assessment ensures a smooth, swift AI transition.

AI Readiness Assessment targets key Financial areas:

  • Cash Flow Management: AI improves cash flow forecasting, identifying potential shortfalls before they impact operations.

  • Cost Control: By analyzing spending patterns, AI reveals areas for cost reduction; maintaining quality and efficiency.

  • Financial Forecasting: AI uses historical data and market trends to enhance forecasting accuracy, empowering strategic financial decisions.

AI Readiness Assessment targets key Operations areas:

  • Production Planning: AI optimizes production planning by analyzing data and forecasting demand, helping to balance workloads and minimize downtime.
  • Supply Chain Disruptions: AI predicts potential disruptions and suggests alternative suppliers or routes, enhancing supply chain resilience.
  • ​Quality Control: AI detects defects in real-time and predicts quality issues before they occur, leading to higher consistency and fewer recalls.


AI Readiness Assessment targets key Technology areas:

  • Data Management: AI organizes, analyzes, and develops actionable insights from data.
  • Security and Compliance: AI enhances cybersecurity measures by detecting anomalies and potential threats in real-time, and automates compliance checks to ensure adherence to regulatory standards.
  • ​Performance Monitoring: AI continuously monitors system performance and identifies areas for improvement, ensuring optimal operation.
     

AI Readiness Assessment target key Executive areas:

  • Operational Visibility: AI integrates data from various sources to provide real-time visibility into all aspects of the business, enhancing oversight and control.
  • Risk Management: AI analyzes market trends, supply chain data, and internal processes to identify potential risks and recommend mitigation strategies.
  • Market Competitiveness: AI provides insights into market trends, customer preferences, and competitor activities, helping executives stay ahead of the curve.

How the Crossroads/Aleran can help you modernize your business through the use of AI (27:36)

Watch our video to learn more!

Connect with us at 800.762.2077, solutions@crossroadsrmc.com, or request an AI Readiness Assessment to start your path towards a flexible, future-proof ERP.
 

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George Moroses

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Tips:  LX | BPCS | M3

While it might be accurate (and I emphasize "might"), is a Manual Physical Inventory the optimal approach? Best practices unequivocally say otherwise!

A superior alternative is the adoption of Cycle Counting. Why choose Cycle Counting over a complete physical inventory? This method zeroes in on a selected stock range, allowing concurrent execution with a company's regular operations. Cycle Counts offers a streamlined approach to inventory management, minimizing disruptions to processes related to stock receipt, consumption, or dispatch.

The dreaded "freeze" is no longer a necessity, sparing your staff from extended holiday hours, and ensuring accurate inventory counts throughout the year! Crossroads RMC is poised to assist you in implementing Cycle Counting efficiently and effortlessly.

Contact us today to kickstart this transformative process at 800.762.2077.

As the year draws to a close, the hustle and bustle of year-end activities can sometimes lead to overlooking critical tasks within your Infor ERP system. Ensuring a proper year-end close is essential for setting the stage for success in the coming year. Here is a comprehensive checklist to guide you through the process:

Year-End Close Process Objectives:

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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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