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Industry News: Technology - The Secret Life of the American Factory

New Data: New Fruit…that’s the promise of finding new data sitting right there under your nose on the factory floor.

Doug Woods, president of the Association for Manufacturing Technology and MTConnect champion says it this way:
"At the end of the day," he explains, "after you've invested in hardware and machines, at some point it all comes down to how do you wring the maximum amount of productivity out of them? How do you get the ultimate efficiency out of the facility?" The only way to be confident you're doing that, he says, is to really understand what is going on with all of the equipment in the factory all of the time. And that, he says, comes down to having "really good data." 

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Discover How Crossroads RMC can meet this need with Analytics Dashboard.

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Tips:  LX | BPCS | M3

Job costing based on standards is great, but what if reality doesn’t match up to that?

What if jobs are really taking twice as long, and you don’t know that? What if jobs are taking ½ as long as you think, but you’re scheduling based on how much time they “should” take? Either way, you’re losing money and productivity. Getting a handle on start/stop times for jobs, and therefore the total amount of time actually spent allows you to take proper action and be more productive.

 

Optimize Your Manufacturing Today!

The Facility Period Close process was introduced in Infor LX 8.3.4 and has been enhanced in 8.3.5. This feature allows continuous or 24-hour worldwide operations in multiple facilities to submit Period End Close jobs for each facility as daily operations cease, or shifts end.

This enhancement provides a batch mode for the Facility Period Close (INV930) process and allows the Update IIM Inventory from IWI (INV931) process to be submitted from the INV930B program. The enhancement also provides a batch mode for the INV931 process.

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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