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Top 5 Inventory Mistakes and How to Avoid Them

Top 5 Inventory Mistakes and How to Avoid Them

Days before the solar eclipse of 2017 it became nearly impossible to purchase the special glasses needed to safely observe the event. People rushing from store to store in a frenzy trying to locate the last available pair of glasses, found the stores had just not planned well… they had nothing left. It got so bad that some stores reported customers coming to blows as they fought over the remaining items. To make matters worse, Amazon and Walmart had to let customers know that the glasses they purchased might not be safe. Some brands were not made to the proper specifications and could not be trusted. Walmart reported another problem… the stock they had ordered never arrived. That should not have happened at Walmart, a store known for its amazing supply chain. They manage over 11,000 stores in 27 countries, requiring a technological tour de force that rarely lets them down. Balancing supply and demand completely overwhelmed most retail and manufacturing entities. Somehow, their systems failed them. Inventory planning and management are among the most important tasks, as this event clearly demonstrated. When not managed well, the failure can be catastrophic. Rootstock recently conducted a webinar designed to identify 5 […]

How to Sell New Cloud ERP Systems to CFOs

When hoping to move to a new manufacturing cloud ERP system, sooner or later, you will need to have a discussion with the Chief Financial Officer (CFO) or the person who acts as such for your company. The CFO’s job is not to join in on your enthusiasm over all the terrific benefits that you plan to achieve with your cloud-based ERP system. That’s not what CROs do. We need to understand that the CFO’s role, with us and everyone else, is to turn down many proposals to assure that the few most important can thrive. Thus, the CFO asks the right questions to provide the rest of the C-suite with the correct risk/reward insights so that they know when to approve a suggestion or not. Since there are only so many resources in an organization, the CFO needs to assure that they are allocated properly. What to Tell a CFO about Your Proposed ERP Manufacturing Software First of all, you need to explain that what you are now using to track the business no longer works. At any particular time, if someone asks you how much you have in inventory or if you are making money on that big […]

If It Doesn’t Have Shop Floor Control, It’s Not Manufacturing Cloud ERP

There are many Cloud-based ERP alternatives available but very few of them provide the shop floor control software that manufacturers needs. That’s because most Cloud ERP software is created from either an accounting or customer relationship background. Manufacturing Cloud ERP solutions are in the great minority. Here is what to look for from a shop floor software aspect to determine if the ERP software you are reviewing is, indeed, Manufacturing Cloud ERP. Does the Shop Floor Control manage the life cycle of the work order and the routing that is used as a basis for defining the steps or processes that are required in the assembly and/or manufacture of the item on the shop floor? Verify that the ERP also has Scheduling and Capacity Planning software contained in a separate module as it will be needed in conjunction. Shop Floor module capabilities should include Routing Maintenance, Work Order Add and BOM Explosion, Work Order Firming, Work Order Release and Operation Extract, Work Order Pick, Work Order Operation Time Booking, Work Order Operation Quantity Recordings, Work Order Receipt and Backflush, Work Order Cost, Rework Work Orders and Refurbishment Work Orders. Here’s why. Routing Maintenance Before defining the Routing, the labor grades, departments, […]

Soon, Cloud ERP Users Will Be Surfing the Wave

by Chuck Olinger, COO and Executive Vice President Rootstock Software For those that wonder if analytics will become one of the major tenets of an ERP system, consider this. It is getting almost impossible to read an article on ERP that doesn’t have at least a paragraph on analytics. One of the best attended presentations/demonstrations at Dreamforce was presented by Rootstock COO and Executive Vice President, Chuck Olinger. It was on Wave Analytics, the first cloud analytics platform designed for every business user, making it easier than ever for anyone to explore data, uncover new insights and take action instantly from any device. Olinger demonstrated how Rootstock ERP Performance Dashboards would extend the power of the Salesforce Wave Analytics Platform to help every business user monitor measure and analyze the enterprise’s company performance, profitability and efficiency from any device. That’s because the data used in the ERP can be a gold mine. With ERP Performance Dashboards, customers are able to capture and manage this valuable data quickly across departments and facilities. When built on the Salesforce Wave Analytics Platform, access to this data is supercharged to allow organizations to quickly adjust to their markets by drilling into insights and discovering […]

Why Manufacturing Cloud ERP Users Need “Power of Choice” in Financial Packages

With the rapid growth of the Salesforce ecosystem, more and more companies are considering independent software vendors’ cloud applications for that platform. This also applies to those companies looking for cloud-based ERP solutions. Many manufacturers and distributors that have their CRM and other software on that platform are now considering an ERP created just for them that is written on Salesforce. This means the company can leverage their investment in the Salesforce platform and integrate their manufacturing and/or ERP seamlessly with their other Salesforce cloud apps. But, such integration doesn’t stop at with the manufacturing ERP. IT management will want to continue to promote a ‘best of breed’ approach to Financial Applications. Present and future manufacturing customers will want their Receivables, Payables, Ledger and Reporting software from a Salesforce partner so that they can continue to easily integrate that partner’s financials with Manufacturing Cloud ERP in the same manner as those seamless connections exist today. Leveraging “power of choice” options, Rootstock is integrated with other apps on the Salesforce platform such as Avalara for sales tax compliance and ZenKraft for shipping integration for Fedex and UPS. For their accounting functions, one may want to explore Financialforce, Intacct, Sage Live and […]