cost objective
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any entity in the company that absorbs costs
Disadvantages RFID
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- Implementing RFID and interfacing it with ERP is expensive and time-
consuming
- Requires employees to carry around special RFID readers
2 types of predictive modeling
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1) cross selling
2) sequencing
Main purpose of the cash management component is to
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ensure that a company has sufficient liquidity, or the available of cash to
meet ST operating needs
AP controls all posting to
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supplier accounts
,service and support
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enables world class service which increase customer satisfaction, customer
retention, and increase in lifetime customer value
Tolerance limits
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allow for slight differences between the PO, goods/services receipt,
supplier invoice
Managers of profit centers are responsible
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, for both cost containment and revenue generation
(examples: product lines, divisions, departments in a retail store)
Blocked Stock
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goods that fail the inspection and therefore cannot be received into stock,
used in production, or sold
- Not valued on the balance sheet (other types are)
The heart of WM is
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the picking and placement strategies that intelligently direct workers where
to go in the warehouse.
- An example picking strategy is next expiring batch for companies that use
batch management.
The Warehouse Management module
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supports the day-to-day operations in a warehouse
Give this one a try later!
any entity in the company that absorbs costs
Disadvantages RFID
,Give this one a try later!
- Implementing RFID and interfacing it with ERP is expensive and time-
consuming
- Requires employees to carry around special RFID readers
2 types of predictive modeling
Give this one a try later!
1) cross selling
2) sequencing
Main purpose of the cash management component is to
Give this one a try later!
ensure that a company has sufficient liquidity, or the available of cash to
meet ST operating needs
AP controls all posting to
Give this one a try later!
supplier accounts
,service and support
Give this one a try later!
enables world class service which increase customer satisfaction, customer
retention, and increase in lifetime customer value
Tolerance limits
Give this one a try later!
allow for slight differences between the PO, goods/services receipt,
supplier invoice
Managers of profit centers are responsible
Give this one a try later!
, for both cost containment and revenue generation
(examples: product lines, divisions, departments in a retail store)
Blocked Stock
Give this one a try later!
goods that fail the inspection and therefore cannot be received into stock,
used in production, or sold
- Not valued on the balance sheet (other types are)
The heart of WM is
Give this one a try later!
the picking and placement strategies that intelligently direct workers where
to go in the warehouse.
- An example picking strategy is next expiring batch for companies that use
batch management.
The Warehouse Management module
Give this one a try later!
supports the day-to-day operations in a warehouse
