| OnlyPunjab | Law Forums | Links Directory | Fitness Forums |
Our Spicy Blog
World News
Gadget News
Infotech News
Entertainment News
UK News
News Archives
Culture News
ERP News
Science News
Asia News
Business News
Tech News
Webmaster News
Asia News
Hardware News
Security News
Legal News
South Asia
Africa News
Animal News
no load mutual funds
domain names
Onlypunjab Forums
Law Forums

We Have Recently Made Changes to Our Website, If you are unable to find something Specific, Please Search Below

Google
Web onlypunjab.com

Small Manufacturers Pay Penalty for Extra Inventory
Publish Date : 12/4/2004 4:54:00 PM   Source : Business News Onlypunjab.com

One of the greatest wastes of a manufacturer's resources is in the inventory department. The inability to accurately forecast the precise quantities of raw materials or sub-assemblies needed every day to meet customer commitments means that purchasing managers routinely buy too much product too soon. The penalties for stock outs are, in the short run, much greater than the penalties for carrying the extra inventory. But this consumes a company's working capital, reducing its annual inventory turns - the standard metric by which the performance of the inventory manager is measured - and reduces profitability.

The smaller the company, the more important it is to control this use of scarce working capital. And yet, ironically, the smaller they are, the less able they are to afford the standard system offerings which would allow them to eliminate this source of waste.


According to Rocky Smolin, President of E-Z-MRP, "Everyone who has been in manufacturing for any length of time knows at least one company that was the victim of its own success. They succeeded in the sales department, and failed in manufacturing by losing control of their inventories. Ruinous waste in excess inventories has driven many companies to record sales and record losses because they lost control of this key manufacturing expense."

Rocky emphasizes that E-Z-MRP, “was designed to be used by people who do not have degrees or certification in manufacturing systems. It requires no on-site training or consultation. And it has cut the standard 18-month MRP implementation cycle to as little as 18 days.”

E-Z-MRP History:
E-Z-MRP was first released under the DOS operating system in 1985, and achieved great success and widespread use with hundreds of customers around the world. The system has been successfully implemented in a wide variety of small manufacturing companies such as medical instrumentation, appliances, automotive, pharmaceutical, woodworking and furniture construction, spraying systems, orthodontics, and firearms, as well as finding use as an instructional aid in universities. It works just as well in job shop or build-to-order environments as in build-to-stock or build-to-forecast operations. The new E-Z-MRP system has now been completely rewritten using Microsoft’s Access Database Management System – a component of the popular Microsoft Office Suite – making it compatible with a wide variety of third-party products.

E-Z-MRP Product Features and Low-Cost High-Value Pricing:
The E-Z-MRP package includes a full-featured Bill of Materials processor, plus a material planning and tracking module which tracks all sales orders, forecasts, work orders (planned, firm, and released), purchase orders, shortages, raw materials and finished goods inventories. It also records a complete audit trail on all inventory transactions. Also included: a physical inventory function and a purchase order module for printing purchase orders.

Priced at $2995, the E-Z-MRP system is a fraction of the cost of systems with similar power and capabilities. It will run on any Windows-based PC or network, and requires only Access 2000 or Access XP to run. No on-site or remote training is required. A comprehensive user manual with tutorials provides all the required instruction.

For more information, and user testimonials, visit the company’s web site: http://www.e-z-mrp.com, or call 858-259-4334.



More Onlypunjab.com News Stories


Will Clown For Food         Publish Date : 12/5/2004 3:28:00 PM  
Silly/idealistic clown loses savings & home in developing various non-profit initiatives; Asks local & global community for a ‘hand-up’ (not a ‘hand-out’).

“How to Build a World-Class Call Center” is a Seminar Specifically Designed to Increase Sales Conversion Numbers         Publish Date : 12/5/2004 3:23:00 PM  
Brian Lowery, nationally renowned keynote speaker and call center expert will facilitate a seminar on the challenging issues facing call centers

Wal-Mart & Best Buy Cited by Market Research Study         Publish Date : 12/5/2004 1:44:00 PM  
According to leading market research firm, Phoenix Marketing International, Wal-Mart and Best Buy are the preferred retailers when it comes to electronic gaming purchases. As seen with other product categories, Wal-Mart’s low.....

Commercial Real Estate ISV RE3W Secures Additional         Publish Date : 12/5/2004 1:29:00 PM  
Investment fuels strategic growth of leading edge commercial real estate application.

Definitive Business Solutions Announces the Release of SMARTopics™         Publish Date : 12/5/2004 1:19:00 PM  
Definitive Business Solutions, LLC announced today the release of their new enterprise-level, web-based tasking and reporting product, SMARTopics™. It is the first product to help organizations drive performance and .....

Dynamic Growth Strategies Founding President Announces New Company         Publish Date : 12/5/2004 1:13:00 PM  
Woman-owned company spins off their consulting division into a new company called DWParker and Associates. They provide strategic planning and quality management services for nonprofits and small businesses.

Research and Markets: Mattel Inc. and Hasbro among Leading         Publish Date : 12/5/2004 1:01:00 PM  
Research and Markets (http://www.researchandmarkets.com/reports/c10309) has announced the addition of Toys & Games: Global Industry Guide to their offering.

India’s Telecoms Market is Beginning to Gain Traction         Publish Date : 12/5/2004 12:42:00 PM  
Research and Markets (http://www.researchandmarkets.com/reports/c10300) has announced the addition of Communications Markets in India to their offering.

BusinessTrainingMedia.com Launches New Sexual Harassment         Publish Date : 12/5/2004 12:39:00 PM  
Managers and their organizations can avoid sexual harassment liability law suits by learning effective prevention methods from expert over the Internet

Writer Publishes and Markets Bestseller from Home         Publish Date : 12/5/2004 12:01:00 PM  
Having spent a year fruitlessly seeking a publisher, Jonathan Chamberlain decided to self-publish a book on vulgar English slang, entitled Vulgar English & Sex Slang and to distribute the book solely from the website www.vulgarenglish.com.....

Total Results : 2644  
More News (Opens in New Window) :    [1]   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   256   257   258   259   260   261   262   263   264   265      Next Page


News Archives | Asia News | World News | Gadget News | Entertainment News | Infotech News | UK News | Culture News | ERP News | Science News | Asia News | Business News | Hardware News | Security News | Legal News | South Asia | Africa News | Animal News | Canada News | Europe News | Health News | Middle East | Sports News | Advertising News | America News | Application News | Asia Pacific | Software News | Education News | Networking News | Technology News |
Entertainment News | Add Your Link to Our Directory | Travel News | Fitness News |

Post News About Your Company or Website Services Update on This Website Within 15 Hours
Discuss This Press Release in Forums, Get Views of Others on Story and Post Yours

alcoholism treatment

Canada News

Gadget News

Infotech News

Europe News

Health News

Middle East

Sports News

Advertising News

America News

Application News

Asia Pacific

Software News

Education News

Networking News

Technology News

Entertainment News

Add Your Link to Our Directory

Travel News

Fitness News

Onlypunjab Coop | Latest News | Reprint Articles | meditation techniques |

Copyrighted Material © Onlypunjab.com 1998 - 2007.      Contact Us with Suggestions / DMCA / Complaints / Corrections at Support Desk