In this blog, we review 10 specific questions you can ask to uncover what’s really happening at your company. We detail the typical answers provided when a forecasting/inventory planning policy doesn’t really exist, explain how to interpret these answers, and offer some clear advice on what to do about it.
We work with many customers in many industries to connect our advanced analytical, forecasting, and inventory planning software to their ERP systems. Despite the variety of situations we encounter, some data-related problems tend to crop up over and over. This blog lists ten tips that can help you avoid these common problems.
Setting a target service level or fill rate is a strategic decision about inventory risk management. Choosing service levels can be difficult. Relevant factors include current service levels, replenishment lead times, cost constraints, the pain inflicted by shortages on you and your customers, and your competitive position. Target setting is often best approached as a collaboration among operations, sales and finance. Inventory optimization software is an essential tool in the process.
Understanding what’s on the horizon for technology and it’s impact on your supply chain is critical for future planning. The pace of technology will not be slowing down any time soon. Now is the time to plan and decide which technologies to embrace.
Inventory management is not a squishy area where success can be described in vague language. Success here is a numbers game. There a number of key performance indicators (KPI’s) available to you, including Service Level, Fill Rate, Inventory Turns, Inventory Investment, and Inventory Operating Cost. Companies differ in the importance they assign to each metric such, but you can’t win without using some or all of these to keep score.
Safety stock is a critical component in any system of inventory management. Indeed, some inventory software treats safety stock as the key decision variable in the quest to balance inventory cost against item availability. Unfortunately, that approach is not the best way to strike the balance.
By Keith Sayer, May 27, 2020Have you heard about the benefits of the VLOOKUP function in Excel but are having…
This blog describes how to gain the benefits of inventory optimization by outlining 4 approaches with varying degrees of automation.
Microsoft Power Apps is a great option for businesses, as it’s a Low-Code Application Platform (LCAP) that makes it easy for professional and amateur developers to create apps. The average cost of developing an application is 74% less with Power Apps, as it’s an excellent way to save yourself a lot of time and money.
Users with various technical expertise levels can develop apps to focus on specific business functions, whether it’s related to IT, sales, finance, customer management, HR, etc.
Optimize your site for search engines (SEO), improve your on-site search function and ensure your team has digital expertise as you simplify your web store navigation, enhance your online product description and leverage marketing automation. Learn this and more through this session!
This fast-paced session covers the most useful functions, formulas, and tips you need to build organized workbooks. From conditional formatting, date functions, and VLOOKUP, to building payment calculators, learning the magic of Flash Fill, and more. This presentation is for any Excel novice or enthusiast looking to take their spreadsheet skills to the next level.
In this session, we’ll show you how easy it can be to mistakenly create what seems to be a useful dashboard in Excel or Power BI, but isn’t truly relevant due to poor data management. Then we’ll walk through best practices and tools for effective data organization and governance processes so you can ensure you’ll always walk away with what are helpful, accurate dashboards that will drive competitive, stellar results.
Do you ever find yourself updating the wrong date field in Microsoft Dynamics NAV? The purpose of this webinar is to understand how date fields within NAV work. There are multiple date fields within standard Nav and each one has a separate function. Filling in or updating the wrong field could be preventing you from receiving the results that would like on other reports. So join us for a quick review where we will help you understand what each of these fields mean and how they can affect your reports.
This webinar focuses on the “Order Promising” function in Microsoft Dynamics NAV / 365 Business Central. The aim of this hands-on presentation is to help users understand the benefits of this function and how it can be set up to help increase efficiency around Sales Orders and, therefore, contribute further to the satisfaction of their customers.
Learn how to adjust your upgrade strategy to align with Microsoft’s changes, and how to evaluate your upgrade options in light of new models. We will cover as well the transition from C/AL to AL and from custom mods to Events, so you can realize the reality of less disruptive and less costly upgrades.
Early adoption of the standard is permitted for IFRS preparers and early preparation will be key to successful implementation of the new standard. Binary Stream will share best practices.
Companies will need to maintain different processes, controls and accounting systems for each framework to comply with the different lessee reporting requirements.
Learn best practices on what you as a partner should know.
Today’s customers have high expectations for immediate shipments, and the accuracy and efficiency of your internal processes are key to meeting these expectations. Come explore how Lanham’s approach to fulfilling and shipping orders will keep you competitive. Whether you ship from sales orders or a warehouse management system, we have great options for you—and some of the lowest prices around for shipping in the cloud.
Are you still writing your plugins from scratch, simply implementing the IPlugin interface?Are you using someone else’s framework, that isn’t really designed for the way you code?Have you tried all the open source alternatives and still not found any favorite?Why not Build your own Plugin Base class?!It’s not hard, it doesn’t take weeks, and it helps you just the way you want it to help In this session I will show you 100% hands on how we can go from zero to plugin base hero for you and your team.We will start with a project with few plugins, identify common/duplicated code, unnecessarily verbose code and code where we simply feel that “this could be done so much easier with a little help”.From this we will create a Plugin Base Class and some useful extension methods to SDK classes to finally clean up our plugins and enjoy the beauty of our refactored code.The content of this session is geared toward an audience with intermediate-level knowledge of the subject area.
Struggling to balance your inventory sub-ledger to your General Ledger? Once you know what’s happening “underneath” you’ll resolve issues quickly and confidently. This presentation covers what you need to know to realize smoother inventory to G/L reconciliations: the do’s and don’ts, typical scenarios, unusual situations, preventative measures, corrective actions and much more.
