Online Marketplaces and ERPs Congratulations, you’ve just signed a Deal with Amazon…now what? Over that past few years, Amazon and other online marketplaces have exploded in revenue, product offerings, and market presence. Amazon alone saw the number of items it offers grow from 232 Million in 2013 to over 488 million in 2015. Amazon Prime… Continue reading Online Marketplaces and Dynamics NAV ERP
Category: Industry
New and Changed Item Setups for MRP Planning in Dynamics NAV 2013
The MRP planning functionality beginning with Microsoft Dynamics NAV 2013 has some changes from the previous versions of NAV to be aware of when setting up items for MRP planning. If we look at the Planning Tab of an Item Card, we can see the following new fields: Dampener Period Dampener Quantity Lot Accumulation Period… Continue reading New and Changed Item Setups for MRP Planning in Dynamics NAV 2013
A Brief Definition of Time in Microsoft Dynamics NAV Manufacturing
In order to set up Routings in Dynamics NAV and understand their Cost Accounting effects, one needs to know how time is defined. In a Routing there are ‘Value Added Times’ and times just for scheduling purposes. Value Added Times Setup Time – The time to set up a machine or to get ready to… Continue reading A Brief Definition of Time in Microsoft Dynamics NAV Manufacturing
Item Substitutions in Microsoft Dynamics NAV
There are times in a manufacturing company where substitute items that are not on the Bill of Material are OK to use if the preferred item is not available. Often this substitution has to be approved by an engineer and is usually in the form of a ‘Usage Variance’. If substitutions are a common event,… Continue reading Item Substitutions in Microsoft Dynamics NAV
What IoT Means for Manufacturers
Internet of Things (IoT) as an industry is projected to grow from 5 billion devices installed in 2015 to 24 billion in 2020. By the end of 2017, 76% of manufacturers will be involved in the industry growth and foresee launching industrial IoT applications and use of smart devices. IoT can be a huge game… Continue reading What IoT Means for Manufacturers
Manufacturing Process Software
Negative Consumption to Account for By-Product Production It is quite common in Process Manufacturing for a By-Product to be produced at the same time the primary product is produced. A good way to handle that in Dynamics NAV is to set up an item for the By-Product and give it a costing method of Standard.… Continue reading Manufacturing Process Software
Understanding the Order Reordering Policy in Microsoft Dynamics NAV
We are given the following choices for Item Reordering Policy in Dynamics NAV. The choice affects how the Planning Worksheet (MRP) plans for replenishment of the item. Blank Fixed Order Quantity Maximum Quantity Order Lot-for-Lot Figure 1 – List of choices defining how the Planning Worksheet (MRP) plans for replenishment of an item If we… Continue reading Understanding the Order Reordering Policy in Microsoft Dynamics NAV
Microsoft Dynamics NAV Manufacturing Balance Sheets
We frequently encounter clients with an unexpected Manufacturing WIP Balance. In some cases, the WIP balance is below zero. In the screen shot below, we can see that the WIP account has a negative balance, which in the real world we know cannot be true. Figure 1 – WIP account shows a negative balance, reflecting… Continue reading Microsoft Dynamics NAV Manufacturing Balance Sheets
Digital Transformation: How to Up Your eCommerce Game
More traffic, conversions, leads, and higher customer satisfaction Who doesn’t want to deliver a better customer experience? You can, and it starts with the digital experience. But, how do you transform your digital presence to ensure consistent, relevant information is flowing to the right people? Our friends at Dynamicweb have shared the what, why, and… Continue reading Digital Transformation: How to Up Your eCommerce Game
eCommerce – It’s Not Just for Retailers Anymore
Distributors and manufacturers are planning to make the move to eCommerce if they haven’t already. With over half of B2B buyers being millennials, if you are not in the eCommerce game, you may be too late. Now is the time to consider an eCommerce site for your customers. Here’s why: Consumers are accustomed to purchasing… Continue reading eCommerce – It’s Not Just for Retailers Anymore