We are going to talk about the three most common and critical R&D mistakes and how a formula ERP software system like Vicinity can help formula manufacturers correct them or avoid them altogether. 1. Overuse of Excel As I travel to clients and prospects, I find one of the most used R&D database tools…
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The great thing about Microsoft Dynamics™ is the wide variety of customer resources available to their software users. In this blog, we will discuss seven essential resources for Microsoft Dynamics that I find to be very helpful for any user no matter which product your company is currently utilizing. Whether you are on Dynamics GP,…
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If you are running a process manufacturing company, you probably know that an accounting/distribution system is necessary to keep your business growing. Your business needs a software system to manage financials, reporting, daily operations, and more. Vicinity Software integrates with Quickbooks Online® for the smaller businesses who aren’t ready to switch to a formal ERP,…
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In this article, we’ll discuss financial report writing, budgeting and forecasting demand specific to the manufacturing industry that can be met by today’s premier BI solutions, like Solver’s BI360. In the modern era of business, Business Intelligence (BI) analytics are solidifying their place in decision-making processes, utilizing company data to plan for the future. However, if your…
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Using Excel Report Builder with Microsoft Dynamics GP Imagine making an ERP report such as “Inventory Stock Status” available to be viewed and formatted in Excel… All a user needs to do is open Excel and there is the data refreshed in real time. All of this done from the comfort of Excel. Microsoft Dynamics GP Excel Report Builder…
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Excel Pivot Tables By utilizing Business Intelligence (BI), manufacturing operations will have increased visibility, improved efficiency, and most importantly the ability to turn data into actionable information. So let’s begin by looking at your options for bringing BI into your manufacturing organization. The most basic way to begin with BI is Excel Pivot Tables. This is a free tool that…
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From my perspective, companies evolve into their production scheduling process as their business evolves. Attempting to implement a complex master production schedule model when a company is beginning to automate their ERP manufacturing process is often a mistake. The key is to take a realistic view of what stage the company is in and grow…
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In previous articles, we talked about how to increase profits using batch manufacturing software. The next in our series is to increase profits by managing material costs. Read how to increase manufacturing profits by managing material costs using batch manufacturing software.
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Increase Batch Yields to Consume Fewer Raw Materials Per Finished Goods Produced. You would be amazed at how few companies actually look at their yield analysis by formula over time. It is more common than not that a company looking back at production over the past six months will find certain formulas or processes that…
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Every project, no matter the size, has a certain level of risk – the bigger the project, the bigger the risk. The best way to manage project risk is to understand the causes of project failure. In the 1990’s, I read an article that resulted from a study commissioned by APICS. The article spoke about how…
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