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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

For many businesses, a high-powered ERP can streamline processes, increase efficiency, and strengthen the bottom line—at least in theory. In reality, some companies miss out on the opportunity to achieve greater ROI by overlooking a few fundamental truths about ERPs.

1. Implementation takes longer than usually anticipated.

2. Company buy-in and sufficient training can predict success.

3. Implementing the full range of features can make the difference between success and failure.

Can your ERP move with you into your next growth phase? Can it scale and flex as your business expands? Is your business making the most of your investment?

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Optimize Your Manufacturing Today!

The Notes Maintenance feature is made up note programs that are accessible from a central location. The Note Text Maintenance (SYS555), Note Type Maintenance (SYS553) and Multi Language Notes Maintenance (SYS556) programs are all available as menu options.

Instead of having to go into separate programs to maintain note settings, the user can set up print options, specify user documents and customize user security levels for specific notes.

The Notes Maintenance feature provides a way to create, revise, delete, and copy note text that are categorized by note types. The print options in Notes Maintenance permit a user to define documents for which the note is intended. This includes base LX documents and custom documents. 

Finally, the notes program provides a way to define notes by assigning document types. For example, a document type can be created named “Invoice.” A note can then be defined to print on all invoice programs without requiring individual entry.

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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