Just a refresher on a tip I’ve shared previously from Supply Chain Technology Bulletin regarding how to attain greater inventory accuracy. I thought it would be worthwhile to share again: Record data regarding your inventory as soon as the items arrive at your door / receiving dock. With information, you can make decisions. Without it,… […]
Read More… from Baan/LN Tip of the Week: How Accurate is Your Inventory?
Employee empowerment is important if you want to retain the skilled workforce you have and attract new talent. Here are 5 ways you can motivate your employees to give their best every day Train your employees Give your employees the right tools Automate processes Give your employees real-time feedback Provide incentives to do more Can… […]
Read More… from Baan/LN Tip of the Week: Invest in Your Employees
Want to increase your efficiency across your organization? Is access to real time data important to you? Take a look at how and where your information is stored. Do you have employees keeping separate spreadsheets or databases outside of your ERP? Separate data silos means that information is not being shared between departments. This can… […]
Read More… from Tip of the Week: The Key to Increasing Efficiency
Print Sales Order History Information – all invoices processed through sales Check Inventory Valuation – this should tie out to your inventory accounts Print Integration Information – see all postings from WIP to finished goods Print G/L Transaction Information – print specific transaction types for any GL account Print Lot Control Information – will show… […]
Read More… from Baan/LN Tip of the Week: Month End Miscellaneous To-Do’s
Standard costing is really a ‘best guess’ at labor costing — these numbers are often inaccurate, incomplete or out of date. Accurate job costing requires the capture of all tasks associated with a specific product or job, including direct and indirect labor in setup, production and customer service. Inaccuracies in the collection of time allocated… […]
Read More… from Baan/LN Tip of the Week: Accurate Job Costing
Sit down with your IT team. Decide how the information will be captured and where it will be stored so that employees have access to it. What software tools need to be used to capture the information? How does it need to be organized? Create a repeatable process to make this easy for your staff.… […]
Are you tracking downtime? Is it done manually, or with some type of automation or application that gathers information in real-time, or is it based upon history? If you are measuring team effectiveness by shift, you know there are significant differences between them. Have you figured out why? One of our automotive customers was experiencing… […]
Read More… from Baan/LN Tip of the Week: How to Move From Good to Great – Manufacturing Optimization
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 M anufacturing O ptimization. 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.… […]
Scrap and rework costs are a manufacturing reality impacting organizations across all industries and product lines. Scrap and rework costs are caused by many things—when the wrong parts are ordered, when engineering changes aren’t effectively communicated or when designs aren’t properly executed on the manufacturing line. No matter why scrap and rework occurs, its impact… […]
Read More… from Baan/LN Tip of the Week: Ways to Prevent Scrap & Rework From Costing You
Common sense rules. We may not like them, but generally, they stand the test of time and should be followed. Here are 8 common sense rules related to inventory management published by Inbound Logistics back in 2007. They still hold true today. 1. If you don’ t know where you are going, no road will… […]
Read More… from Tip of the Week: 8 Common-Sense Rules for Inventory Management