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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

This new feature provides the ability to freeze period-end balances at the end of a fiscal period.

This enhancement provides clients the ability to store the opening/ending on hand balance for each Inventory period at the Item (IIM), Warehouse/Item (IWI) and Lot/Location (ILI) levels.

This information can then be used for inventory tracking and valuation purposes, as well as other ad hoc financial and audit reporting requirements.

One key benefit is that tracking the opening/ending/period balance for each inventory period can give users insights into the levels of inventory for each item, item/warehouse and item/warehouse/lot/location combination.

Optimize Your Manufacturing Today!

You can define internal trade relationships between enterprise units or individual warehouses of the same logistic company for the transfer of material, labor, or other costs between warehouses, and to generate invoices for these without using sales orders and purchase orders. For example, you can use this to transfer goods between warehouses in different countries.

You can define warehouse surcharges, which are added to the actual costs of the goods either when the goods are issued from a warehouse or when the goods are received.

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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