Key Performance Indicators measure how effectively your performance objectives are being achieved. Have you defined KPIs for your company? Are you measuring them effectively? Is everyone in your company aware of what the KPIs are? If you haven’t already done so, consider tying personal performance objectives directly to the company’s performance objectives. Doing so can… […]
Read More… from BPCS/LX Tip of the Week: Have you defined your KPIs?
If you’re not already, consider generating your financial statements directly out of Baan/LN. In the Financial Statements module, you can define and print financial and consolidated statements. These statements can be based on various cross sections of your General Ledger account and dimension structure. You can also define cash flow statements, which can be based… […]
Read More… from Baan/LN Tip of the Week: How Are You Generating Financial Statements?
Are your employees not as productive as you’d like them to be? Are jobs not getting completed on schedule? Without actual data, making decisions about how efficient your operation is will be difficult. Start tracking actual time to complete each operation. Compare different production lines running the same job. Is one line running more efficiently?… […]
Read More… from BPCS/LX Tip of the Week: Need a Productivity Boost?
When there is a problem, making a decision in a vacuum is the worst thing you can do. Get input from others within your organization. If possible, consult those at various levels. By being open with others as to the nature of the problem, and enlisting their help in determining the right solution, resistance to… […]
Read More… from BPCS/LX Tip of the Week: Create a Culture of Engaged Problem Solvers
When there is a problem, making a decision in a vacuum is the worst thing you can do. Get input from others within your organization. If possible, consult those at various levels. By being open with others as to the nature of the problem, and enlisting their help in determining the right solution, resistance to… […]
Read More… from Baan/LN Tip of the Week: Create a Culture of Engaged Problem Solvers
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: See the differences between actuals and standards Determine the source of project overruns Prevent mis-shipments to customers Avoid unnecessary… […]
Read More… from Baan/LN Tip of the Week: 4 Reasons You Need Timely & Accurate Data
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: See the differences between actuals and standards Determine the source of project overruns Prevent mis-shipments to customers Avoid unnecessary… […]
Read More… from BPCS/LX Tip of the Week: 4 Reasons You Need Timely & Accurate Data
Do you have a strong relationship with your suppliers? Do they know your every need/want? No? Well, why not? The key to any good relationship is communication. Have you established clear and consistent communication with your suppliers? Consider establishing a way for both of you to share information with each other electronically. A portal is… […]
Read More… from Baan/LN Tip of the Week: How is your relationship going… with your suppliers?
Do you have a strong relationship with your suppliers? Do they know your every need/want? No? Well, why not? The key to any good relationship is communication. Have you established clear and consistent communication with your suppliers? Consider establishing a way for both of you to share information with each other electronically. A portal is… […]
Read More… from BPCS/LX Tip of the Week: How is your relationship going… with your suppliers?
When is the last time you took a hard look at your production lines? How are we moving product through our facility? Do we have work instructions / drawings available where needed? Do we have frequently used inventory available at the line? Where are the bottlenecks? Are processes automated, where possible? Taking a hard look… […]
Read More… from Baan/LN Tip of the Week: Gain Efficiency & Save Money – Evaluate Your Production Lines