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What are some reasons to use inventory optimization software?

Knowing how much inventory to keep on hand can make or break your customer service. Here's a look at software that can help you get it right.

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Definitions
  • process mining software

    Process mining software is a type of analytics software that mines the event logs of enterprise applications for trends and patterns that can help improve understanding of the processes and make them more efficient.

  • hybrid manufacturing

    Hybrid manufacturing is a term that describes combining additive manufacturing and subtractive manufacturing in a single machine system.

  • cross-docking

    Cross-docking is the practice of unloading goods from inbound delivery vehicles and loading them directly onto outbound vehicles.

Browse Manufacturing ERP Topics

AIDC

Automatic identification and data capture (AIDC) includes manufacturing sensor technology such as radio frequency identification (RFID) and barcode software. Learn how to decide which AIDC technology is right for you. Find out the pros and cons of RFID vs. barcoding. Read tips for selecting RFID and barcode software and find RFID and barcoding implementation tips.

Recent Definitions

  • hybrid manufacturing

    Hybrid manufacturing is a term that describes combining additive manufacturing and subtractive manufacturing in a single machine system.

  • overall equipment effectiveness (OEE)

    Overall equipment effectiveness is a measure of manufacturing operations performance and productivity, expressed in a percentage.

  • engineering bill of materials (EBOM)

    An engineering bill of materials (EBOM) is a product recipe structured from the design standpoint, rather than the manufacturing standpoint.

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Lean

How does ERP support lean manufacturing efforts? Start here for basic tips about lean manufacturing software selection and lean technology best practices. Learn how companies are using lean software with ERP to improve manufacturing efforts.

Recent Definitions

  • manufacturing process management (MPM)

    Manufacturing process management (MPM) is the discipline of defining how products are manufactured so production processes can be made more efficient and responsive.

  • virtual manufacturing

    Virtual manufacturing (VM) is the use of computers to model, simulate and optimize the critical operations and entities in a factory plant.

  • Toyota Way

    The Toyota Way is a comprehensive expression of the company's management philosophy, which is based on the two foundational principles of Continuous Improvement (kaizen) and Respect for People.

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BI

Understanding business intelligence (BI) software tools can help manufacturers monitor and improve manufacturing performance management (MPM). Discover how BI and ERP manufacturing software can work together to optimize plant data analysis. Find BI implementation tips for manufacturers, lean how to build a manufacturing BI strategy and read manufacturing BI case studies.

Recent Definitions

  • process mining software

    Process mining software is a type of analytics software that mines the event logs of enterprise applications for trends and patterns that can help improve understanding of the processes and make them more efficient.

  • ERP (enterprise resource planning)

    Enterprise resource planning (ERP) is an industry term for the broad set of activities that help an organization manage its business. An important goal of ERP software is to facilitate the flow of information so business decisions can be data-driven.

  • intelligent system

    An intelligent system is a machine with an embedded, Internet-connected computer that has the capacity to gather and analyze data and communicate with other systems. 

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Integration

ERP integration and software customization challenges can be daunting. Read articles and tips for managing data integration, shop floor integration and master data management for manufacturing ERP. Find resources for plant operations, ERP implementations and data warehousing and SOA challenges.

Recent Definitions

  • hybrid manufacturing

    Hybrid manufacturing is a term that describes combining additive manufacturing and subtractive manufacturing in a single machine system.

  • ERP (enterprise resource planning)

    Enterprise resource planning (ERP) is an industry term for the broad set of activities that help an organization manage its business. An important goal of ERP software is to facilitate the flow of information so business decisions can be data-driven.

  • dual sourcing

    Dual sourcing is the supply chain management practice of using two suppliers for a given component, raw material, product or service. Companies use this approach to lower the risk of relying on a single supplier, a practice called single sourcing. Sole sourcing, in contrast, means only one source is available.

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ERP systems

Start here to discover the benefits of ERP software. Find out what ERP software can do for manufacturers. Learn best practices for ERP software selection and finding ERP ROI. Learn how to evaluate your organization's ERP needs and build an ERP upgrade team and find ERP upgrade best practices and expert tips. Discover common ERP upgrade mistakes and how to avoid them.

Recent Definitions

  • ERP (enterprise resource planning)

    Enterprise resource planning (ERP) is an industry term for the broad set of activities that help an organization manage its business. An important goal of ERP software is to facilitate the flow of information so business decisions can be data-driven.

  • digital manufacturing

    Digital manufacturing is a technology-based approach to manufacturing that, in its most fully realized form, uses data to link different silos and processes of the manufacturing lifecycle so that stakeholders can make better business decisions both comprehensively and at each step.

  • traceability

    Traceability, in supply chain management, is the ability to identify, track and trace elements of a product or substance as it moves along the supply chain from raw goods to finished products. The concept applies to both the discrete manufacturing industry, which produces products such as automobiles, and to the process manufacturing industry, which includes products such as chemicals.

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MES

Manufacturing execution systems (MES) software, which manages manufacturing data, can work with ERP software to give manufacturers a view of their business at all levels, from project planning and the supply chain to HR and accounting. Discover the benefits of integrating MES and ERP software and learn how to build a business case and plan for an MES-ERP integration project. Find out which ERP vendors are offering MES software and get advice on selecting the right MES to work with your existing ERP system.

Recent Definitions

  • hybrid manufacturing

    Hybrid manufacturing is a term that describes combining additive manufacturing and subtractive manufacturing in a single machine system.

  • repetitive manufacturing

    Repetitive manufacturing (REM) is the means of production planning and control used to produce goods and materials in a repetitive manner.

  • Andon

    An Andon is a visual control that indicates the status of a machine, manufacturing line or process.

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SCM

Discover how supply chain management (SCM) activities are affected by ERP and get advice on buying, implementing and leveraging SCM technology.

Recent Definitions

  • cross-docking

    Cross-docking is the practice of unloading goods from inbound delivery vehicles and loading them directly onto outbound vehicles.

  • overall equipment effectiveness (OEE)

    Overall equipment effectiveness is a measure of manufacturing operations performance and productivity, expressed in a percentage.

  • pick to light

    Pick to light is order-fulfillment technology that employs alphanumeric displays and buttons at storage locations to guide the manual "picking" and recording of items for shipment.

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PLM

Discover how product lifecycle management (PLM) software can be integrated with manufacturing ERP software to increase productivity and cut costs. Read strategies for building a business case for PLM and find guidance on PLM software selection. Get PLM implementation tips and expert advice and learn PLM best practices.

Recent Definitions

  • manufacturing process management (MPM)

    Manufacturing process management (MPM) is the discipline of defining how products are manufactured so production processes can be made more efficient and responsive.

  • virtual manufacturing

    Virtual manufacturing (VM) is the use of computers to model, simulate and optimize the critical operations and entities in a factory plant.

  • model-based enterprise

    Model-based enterprise (MBE) is an engineering strategy that aims to clarify design intent during the manufacturing process, resulting in better quality of the products, reduced costs and more efficiency.

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SearchCompliance

  • pure risk (absolute risk)

    Pure risk, also called absolute risk, is a category of threat that is beyond human control and has only one possible outcome if ...

  • risk assessment

    Risk assessment is the identification of hazards that could negatively impact an organization's ability to conduct business.

  • audit program (audit plan)

    An audit program, also called an audit plan, is an action plan that documents what procedures an auditor will follow to validate ...

SearchSecurity

  • computer worm

    A computer worm is a type of malicious software program whose primary function is to infect other computers while remaining ...

  • black hat

    Black hat refers to a hacker who breaks into a computer system or network with malicious intent.

  • copyright

    Copyright is a legal term describing ownership of control of the rights to the use and distribution of certain works of creative ...

SearchHealthIT

  • population health management (PHM)

    Population health management (PHM) is a discipline within the healthcare industry that studies and facilitates care delivery ...

  • ICD-10-PCS

    The International Classification of Diseases, 10th Revision, Procedure Coding System (ICD-10-PCS) is a U.S. cataloging system for...

  • U.S. National Library of Medicine (NLM)

    The U.S. National Library of Medicine (NLM) is the largest biomedical library in the world.

SearchDisasterRecovery

  • business continuity plan (BCP)

    A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue ...

  • call tree

    A call tree -- sometimes referred to as a phone tree -- is a telecommunications chain for notifying specific individuals of an ...

  • mass notification system (MNS)

    A mass notification system is a platform that sends one-way messages to inform employees and the public of an emergency.

SearchStorage

  • hybrid hard drive (HHD)

    A hybrid hard drive (HHD), sometimes known as a solid-state hybrid drive (SSHD), is a mass storage device that combines a ...

  • USB flash drive

    A USB flash drive -- also known as a stick, thumb or pen drive -- is a plug-and-play portable storage device that uses flash ...

  • open source storage

    Open source storage is data storage software developed in a public, collaborative manner that permits the free use, distribution ...

SearchSolidStateStorage

  • RRAM or ReRAM (resistive RAM)

    RRAM or ReRAM (resistive random access memory) is a form of nonvolatile storage that operates by changing the resistance of a ...

  • JEDEC

    JEDEC is a global industry group that develops open standards for microelectronics.

  • M.2 SSD

    An M.2 SSD is a solid-state drive (SSD) that conforms to a computer industry specification written for internally mounted storage...

SearchCloudStorage

  • Google Cloud Storage

    Google Cloud Storage is an enterprise public cloud storage platform that can house large unstructured data sets.

  • RESTful API

    A RESTful application program interface breaks down a transaction to create a series of small modules, each of which addresses an...

  • cloud storage infrastructure

    Cloud storage infrastructure is the hardware and software framework that supports the computing requirements of a private or ...

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