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Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

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

Kathy Barthelt
/ Categories: Infor LN & Baan Tips

LN & Baan Tip: Unlocking Efficiency: Embrace Cycle Counting for Smoother Inventory Management

When it comes to inventory management, the term "Manual Physical Inventory" might sound accurate, but it's not the best practice by any means. Instead, consider implementing "Cycle Counting" as a more efficient approach.

Why choose Cycle Counting over a full physical inventory? The key advantage is that Cycle Counting allows you to focus on counting a selected range of stock concurrently with your regular business operations. This method streamlines inventory management, minimizing disruptions to processes related to stock receiving, consumption, and dispatching.

With Cycle Counting, you no longer need to "freeze" your operations or have your staff work long hours during holidays. You can achieve accurate inventory counts throughout the year. Crossroads RMC is here to assist you in implementing Cycle Counting efficiently and seamlessly. Contact us today to get started at 800.762.2077. Say goodbye to the dreaded three words and embrace a more efficient inventory management approach!

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Kathy Barthelt

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Tips:  LX | BPCS | M3

TECHNOLOGY: Facility Security Ranges

Previously, a user could complete the Cost Transfer (CST920) process for any range of facilities regardless of their security settings established in SYS600. This enhancement verifies the user security settings set up in SYS600 before processing cost transfers for a range of facilities in CST920. If the user has authority for a facility range, but there are facilities within that range that are not authorized, the program skips those facilities and completes the cost transfer process.

FINANCE: Expiration Date for Quotes and RMAs

A Cancel-by-Date has been added to the Quote Header and RMA Header panels. This optional field can limit how long a quote or authorization to return items for credit is valid.  

For quotes, this enhancement provides an optional end date for the quote. For RMAs, it provides an optional date by which the customer must return the items to receive the credit listed on the RMA.

The Cancel-By-Date prints on the Order Acknowledgement and RMA Acknowledgement to inform the customer of this important limitation to the quote or return authorization. 

An Order Entry user cannot copy the quote to create a new order if the Cancel By Date has caused the quote to expire.

OPERATIONS: Default Split Salesperson to Customer Orders

Sales commissions are based on combinations of the Primary, Split, and Line-Level salesperson and the commission codes defined for the customer and item. You can now define the Split Salesperson in the same master files as the Primary Salesperson. While the Primary Salesperson is mandatory, the Split Salesperson is optional. It defaults during Order Create using the identical hierarchy as Primary Salesperson. Using Split Salesperson provides more flexibility in the calculation of sales commissions. The ability to define a default Split Salesperson improves the accuracy of sales commission qualification and calculation and reduces maintenance and adjustments necessitated by corrections.

Previously, a user could complete the Cost Transfer (CST920) process for any range of facilities regardless of their security settings established in SYS600. This enhancement verifies the user security settings set up in SYS600 before processing cost transfers for a range of facilities in CST920. If the user has authority for a facility range, but there are facilities within that range that are not authorized, the program skips those facilities and completes the cost transfer process.

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Tips: LN | Baan

Seems obvious – you want real time data and you want it to be accurate. Do you have the systems in place to allow for this?

Here are 4 reasons you need a data collection system:

  1. See the differences between actuals and standards
  2. Determine the source of project overruns
  3. Prevent mis-shipments to customers
  4. Avoid unnecessary reordering of parts

An automated data collection system will analyze your current data, allowing you to efficiently optimize your manufacturing and the benefits will be huge and far reaching.

Optimize Your Manufacturing Today!

So, how many of you have updated the estimated cost of material and labor in your ERP system recently? ……Hmmmm. That’s what I thought.

Do you have any idea how accurate those numbers are? Are you making business decisions based on estimates that are completely inaccurate?

Consider switching from estimates to actuals. Furthermore, consider implementing an automated data collection system to make this easy. By collecting production and labor data real time, you can gain real insight into your business and you gain the ability to look at the profitability of individual jobs, projects and employees.

Optimize Your Manufacturing Today!

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