The OEE formula is applied by multiplying Availability, Performance, and Quality percentages. Explore formulas, examples, and OEE software usages.
Demand forecasting is the process of developing the best possible predictions of future consumer demand. Find which forecasting method works best for your business.
Demand planning is forecasting customer demand, while supply planning manages the inventory to meet the forecasted customer demand. Learn how to optimize your supply chain efficiently.
Computerized maintenance management systems (CMMS) streamlines maintenance operations at all sorts of businesses. Improve your maintenance work with CMMS.
Dynamics GP is an accounting software developed by Great Plains Software Inc. of Fargo, ND, and acquired by Microsoft Corporation in 2000. Learn the history and future of GP.
EAM systems cover the entire asset lifecycle while CMMS is limited to asset maintenance management. Learn more about their different functions and features.
Access actionable tips for improving your effectiveness connecting with a key B2B market demographic: small businesses.
QuickBooks by Intuit is a well-known accounting software designed to help small to medium-sized businesses manage their finances. Learn more about QuickBooks products.
Preventive and predictive maintenance methods have a lot of overlap, yet it’s important to understand the difference before you implement either at your business.
Suppliers source raw materials for manufacturing a product, while vendors sell finished goods or provide services to end-consumers. Understand the differences and similarities between both suppliers and vendors.
Learn about the construction industry's accounting methods, such as accrual and cash, to handle long-term contracts and revenue recognition like CCM and PCM.
Catch weight management is the process of managing products that have varying weights and quantities. Explore examples and products that support it.
ERP has evolved from manufacturing software in the 1940s to the modern day ERP. Learn more about the history and evolution of the modern ERP and explore the future.
Discover what bookkeeping and accounting is, their differences, and similarities. Find out if your company needs a bookkeeper or accountant.
Explore detailed reviews, pricing, and demos on Sage Accounting Software, covering various business needs from small to large enterprises. Find the perfect solution for your industry.
MRP I stands for material requirements planning, while MRP II stand for manufacturing resource planning. Explore key differences and product examples.
Material requirements planning (MRP) is a system that calculates the materials needed to manufacture a product and meet consumer demand. See definition and steps.
A construction manager handles the building and construction of the project, while project managers control a project during all phases of development.
A change order is a contract amendment for a construction project that alters the contract’s terms, including cost, schedule, scope of the work, and design.
ERP systems store your company's most sensitive data and are prone to daily attacks. Make sure your ERP is secure with these 8 best practices for ERP security.
Cash gives a short-term picture of your financial health, while accrual gives a longer-term view. The timing of recording revenue affects your tax liability.
Find out how to turn your income statement into a rich source of decision-making insights.
Accounts Payable are what you owe to your vendors. Accounts Receivable are what your customers owe to you. View examples, key differences, and ways to automate AP and AR accounting.
Explore the six types of manufacturing processes: Repetitive, Discrete, Job Shop, Batch Process, Continuous Process, and Additive Manufacturing. Learn how each process impacts production efficency.
Understand the difference between ERP and SAP software. Learn the key distinctions, definitions, and what sets them apart. Which one is best for your business?
Enterprise resource planning (ERP) is a valuable tool for better managing your logistics when dealing with wholesale or distribution trades.
The key benefits to ERP systems include: Improved efficiency, enhanced collaboration and innovation, better decision-making, scalability, and more.
Explore all of Infor's ERP products, including Infor Cloudsuite Financials, Infor LN, and Infor M3. Discover key features, ideal target market, and more for each system.
Explore ERP vs. EPM: Understand how these solutions differ, improve your business operations with key insights, and discover popular software to streamline management processes.
SAP is one of the most popular business software developers with numerous ERP products. Discover what SAP ERP software is, its various available products, and key features.
ERP integration is the process of connecting and communicating with other software applications. Learn more about the methods and benefits of integrating ERP.
Unveil the top ERP alternatives tailored for specific business functions. Discover cost-efficient, specialized software like QuickBooks and BambooHR, ideal for SMBs seeking simplicity.
Calculate manufacturing overhead costs by summing up your facility’s indirect expenses. View examples and formulas and learn how to calculate predetermined overhead rate.
ERP customizations are changes to ERP systems through custom-written code for specific processes. Configuration involves selecting system settings and options.
Explore the top ERP software vendors on the market today: 1. Microsoft · 2. SAP · 3. Oracle (NetSuite) · 4. Sage (Intacct) · 5. Epicor · 6. Infor · 7. Acumatica
Discrete and process manufacturing are two methods of producing products. Understand the differences between them and explore examples of each method.
The top ERP implementation strategies are big bang, phased rollout, parallel adoption, pilot plan, and the hybrid method. Find which strategy is best for your business.
Top ERP examples include: SAP Business One · NetSuite · Acumatica · Epicor Kinetic · Dynamics 365 Business Central · Odoo · SYSPRO
ERP finance module features include: General Ledger Management · Accounts Payable and Receivable · Fixed Asset Management · Reporting and Analytics · Budgeting
Get complete control over your ERP by building your own. Discover how to create an ERP in six simple steps and the pros and cons of building your own.
Enhance operational efficiency and decision-making by integrating IoT with ERP. Learn how real-time data and smart devices optimize business processes.
If you are an ERP developer or vendor, you know how vital marketing is to reaching new clients. Here are 4 top tips on how to market ERP software.
Enhance your ERP data management with our expert guide on best practices, key features, and future trends. Ensure data quality, streamline processes, and optimize your business operations.
ERP trends include: 1. AI features 2. Cloud model dominance 3. IoT integration 4. Expanded mobile access 5. Adoption of microservices 6. Two-tier ERP implementation
ERP and specialized BI can help decision-makers get the real-time information they need to improve business performance. Improve your ERP with BI tools.
Legacy ERPs are old systems that have become obsolete and provide challenges to businesses, such as outdated tech compared to modern ERP solutions.
Oracle ERP software is a SaaS suite of software applications developed by Oracle Corporation. It supports processes like accounting, procurement, and project management.
An ERP reporting strategy can be used as a roadmap for businesses to effectively use data stored in their ERP system for predictions, budgets, and KPI tracking.
Is QuickBooks an ERP system? The answer is no, since it only offers accounting capabilities. Explore the key differences between QuickBooks and ERP systems.
Follow this week-by-week software selection process guide to choose a new business software in only one month by first identifying the scope and assigning a team.