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Infor LX | Infor LN | BPCS | Baan | Infor M3

Tip of the Week: What is Your M.O.?

I’m not talking “Modus Operandi,” which is a fancy way to say: “what’s your plan to get stuff done”.  I’m talking about Manufacturing Optimization. 

It is all about efficiency, and by that I mean doing more with less. Less labor, less time, less materials, while still delivering a high quality product on time.

The Three Secrets to Improving your MO

1. Identify the key metrics
You need benchmark data so you know what realistic goals are, then track them and publish your performance along with a brief comment from time to time on how things are trending and how you compare with others, particularly your primary competitors. The best thing about this is that it is a system that develops a life of its own.

2. Measure it
Automatically, people start to think about improving things. Then the fun part, stuff begins to improve by itself. Once in place, the system just hums along and the benefits appear, because it has motivated people to think about it, and figure out what they can do to make it better.

3. Communicate it
So if you publish gross profit numbers, explain to people how what they do affects the numbers. Employees tend to start to modify their behavior as a result, and look more critically at whether a given purchase is even necessary.

Optimize Your Manufacturing Today!

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Kathy Barthelt

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Tips:  LX | BPCS | M3

This program allows maintenance of vendor terms, which you individually assign to each vendor. Vendor terms designate the due date and the discount date as a number of days after the invoice date. You establish the discount percentage here. Vendor terms are stored in the AVT file. Rather than use the method specified above, you can override due dates and discount dates so those calendar days are used to age invoices.

Access: Menu ACP02

Use this program to enter period overhead expenses to distribute to various work centers. You can set up this overhead cost allocation on either a per-hour or a per-piece basis, depending on the overhead allocation type specified for each work center on the Work Center Maintenance screen, CAP100D2-01. The system spreads the amounts entered across all shop orders posted by Shop Floor Posting, SFC600, or Production Reporting, JIT600, when you run Overhead Cost Allocation, CST510. The system stores allocated overhead in the Labor Ticket file, FLT, and updates actual item cost when you run Shop Order Close and Post, CST900.

Access: Menu CST

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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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