Inventory counts typically make up the biggest balance sheet asset because their accuracy is key to calculating profitability and offering effective customer service. Performing physical inventory counting takes up time and money that could be invested into production, distribution and sales instead. Shrinkage is also one of the big risk factors that cost companies when… Continue reading Full Inventory Counts Are Costing You Money
Category: Manufacturing
Key Performance Indicators that Help You Assess Company Health
Key Performance Indicators (KPIs) are metrics used by managers and financial professionals to assess the health of a company. Think of KPIs as the vital signs to check on the health of a company. When a person goes for a medical checkup, the doctor will take his or her vital signs and, based on those… Continue reading Key Performance Indicators that Help You Assess Company Health
Comparing Available to Promise and Capable to Promise: Which is best for me?
Companies, particularly B2C retailers, hate it when they run out of inventory. Stockouts not only cost businesses potential sales, but they also adversely impact customer satisfaction, positive reviews, and future repeat business. But keeping too much inventory on hand “just in case” can also be a dangerous strategy. Unsold inventory represents a significant cost, particularly… Continue reading Comparing Available to Promise and Capable to Promise: Which is best for me?
Life after Dynamics AX: An ERP Alternative for Manufacturers and Distributors
Microsoft Dynamics AX has reached the end of life and will no longer be supported by Microsoft. Manufacturers and distributors looking to migrating from AX and onto a new platform might naturally gravitate to Microsoft Dynamics 365 Finance and Supply Chain Management (F&SCM—formerly D365 Finance and Operations or F+O) since that is where Microsoft took… Continue reading Life after Dynamics AX: An ERP Alternative for Manufacturers and Distributors
Optimizing Cycle Counting in Dynamics 365 Business Central
Traditionally, counting inventory required closing operations for a week or more so that everything in the warehouse was counted – by hand. Not only was this process disruptive to ongoing business operations, but it was also fraught with errors. One way to maintain accurate inventory without disruption is to use cycle counts. Cycle counts break… Continue reading Optimizing Cycle Counting in Dynamics 365 Business Central
Missing Planning Lines When Running Master Production Scheduling/Material Requirements Planning
Microsoft Dynamics 365 Business Central manufacturing module offers demand forecasting via Material Requirements Planning (MRP) and Master Production Scheduling (MPS). This short video teaches you how to set demand forecasting parameters using the Master Production Scheduling functionality in Business Central. Common mistakes with demand forecasting include not setting up SKU requirements and designating demand forecasting… Continue reading Missing Planning Lines When Running Master Production Scheduling/Material Requirements Planning
Streamlining Bills of Materials Management in Dynamics 365 Business Central
With the Microsoft Dynamic 365 Business Central platform, manufacturers have the tools to streamline their bills of materials (BOM) management processes. Companies can craft efficient BOMs tailored to their unique needs and enable more agile operations. Accurate and up-to-date BOMs are essential for efficient production, compliance with regulations and standards, and ensuring the quality of… Continue reading Streamlining Bills of Materials Management in Dynamics 365 Business Central
Calculating Low Level Code in Business Central for MRP
This how-to video addresses the Bill of Materials (BOM) hierarchy in Microsoft Dynamics 365 Business Central for manufacturing and provides an overview of the low-level code operations for Material Requirements Planning (MRP). Plus, the how-to video focuses on the new Stock Keeping Unit (SKU) card feature released in 2021 and how it offers routing for… Continue reading Calculating Low Level Code in Business Central for MRP
How to do Advanced Production Planning and Scheduling in Business Central
In today’s business world, mid-size manufacturers are launching modernization efforts to make a digital transition, and find more utilization and operational profitability. A recent 2021 LNS Research survey shows how almost all manufacturers or process operations are creating “Industrial Transformation (IX) teams that provide a coordinated approach in leveraging technologies to create step change improvement in industrial… Continue reading How to do Advanced Production Planning and Scheduling in Business Central
Connecting Manufacturing Key Performance Indicators to the ERP Business Level
As more mid-size manufacturers take action to optimize their businesses, Key Performance Indicators (KPIs) play a big role in how businesses can move forward and become more successful. The number of KPIs for manufacturing is plentiful and finding the correct ones for your company depends on your product and application. Throughput, uptime, and overall equipment… Continue reading Connecting Manufacturing Key Performance Indicators to the ERP Business Level