SAP B1 is an ERP software for SMBs seeking to get up & running quickly.
Offers a lean, clean set of modules that make up the core of ERP.
Users can expect to see financial management, inventory management, production management, procurement, service management, some basic project systems, dashboards, embedded analytics, excel integration, access via an internet browser, and basic multi-company functionality. SAP Business One Enterprise Search Engine.
The “five M’s.”
Production management’s responsibilities are summarized by the “five M’s”:
Manpower, Machines, Methods, Materials, and Money.
A completely integrated ERP and manufacturing system to help you run your business better. eresource manufacturing ERP software offers the largest footprint of ERP, manufacturing, MES, and supply chain software modules in the industry developed by a Best ERP software company in India.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
Shop floor management focuses on the operational control and short-cycle stabilization of value-adding processes: through clear structures and target systems, stringent process organization and work standards across all hierarchical levels.
Coca-Cola Hellenic, one of the largest Coca-Cola bottlers worldwide, has started a three year long project to substitute all legacy systems with a SAP implementation called Wave 2, in order to maximize efficiencies in use of resources and apply common best practices and polices accross the group.
A completely integrated ERP and manufacturing system to help you run your business better. eresource manufacturing ERP software offers the largest footprint of ERP, manufacturing, MES, and supply chain software modules in the industry developed by a Best ERP software company in India.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
Shop floor management focuses on the operational control and short-cycle stabilization of value-adding processes: through clear structures and target systems, stringent process organization and work standards across all hierarchical levels.
Coca-Cola Hellenic, one of the largest Coca-Cola bottlers worldwide, has started a three year long project to substitute all legacy systems with a SAP implementation called Wave 2, in order to maximize efficiencies in use of resources and apply common best practices and polices accross the group.
Innovate 2014 - Customizing Your Rational Insight Deployment (workshop)Marc Nehme
This workshop will enable users on the IBM Rational Insight solution and how to customize it to achieve their specific business needs. The first segment will provide an overview of the Insight offering. The next segment will provide an understanding of framework data modeling and a walkthrough of the customization process. The next segment will be a series of hands-on labs that will allow users to assume the role of an Insight developer and report author. Users will experience and end to end scenario in creating a custom metric and report based on an IBM Rational Team Concert custom attribute, however the process is applicable to any data source.
All in one solution covering manufacturing, maintenance, product life cycle management (PLM) and quality.
Manufacture your product using multiple bill of materials (BOM), different routes, attach worksheets and instructions per job orders, define quality controls, quality check points, management equipment and maintenance requests.
Manage your manufacturing via a Master production schedule (MPS), procurement rules, control panels and much more
well,
This presentation gives very breif insight into SAP basics for noobs or dummies as i may call them (like me)
nevertheless i presume this is not an elegant presentation ....
Having a good Knowledge in the following
• Reporting- Classical, Interactive, and ALV.
• Having working Knowledge of Data Migration from Legacy system data to SAP data using BDC and BAPI.
• Having Knowledge on ALE/IDOC’s
• Having Knowledge on Module Pool Programming
• Data Dictionary Objects.
• Having working Experience on Web-Dynpro ABAP.
• Having knowledge on Adobe Forms.
In operation, achieving a low-cost strategy while focusing on service quality through differentiation can be pretty difficult to be achieved.
Using the technologies, creating a new business process, controlling costs, and providing the highest level of customer service, empowering them to solve business problems, meet expectations globally, and helped UPS accomplish its strategic goals.
The UPS package tracking system is a key competitive advantage. The system enables UPS to differentiate itself from its competitors by providing customers with real-time package tracking, which enhances the customer experience.
Overall, the UPS package tracking system is a critical component of the company's MIS, providing real-time visibility into the movement of packages and shipments, optimizing operational efficiency, and enhancing the customer experience.
In our increasingly Data-driven world, it's more important than ever to have accessible ways to view and understand data.
After all, employees' demand for data skills steadily increases each year.
Employees and Business owners at every level need to understand data and its impact.
That's where Data Visualization comes in handy.
To make Data more accessible and understandable, Data Visualization in Dashboards is the go-to tool for many businesses to Analyze and share Information.
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Similar to Production Module & Report Completion Sub-Module. .pptx
Innovate 2014 - Customizing Your Rational Insight Deployment (workshop)Marc Nehme
This workshop will enable users on the IBM Rational Insight solution and how to customize it to achieve their specific business needs. The first segment will provide an overview of the Insight offering. The next segment will provide an understanding of framework data modeling and a walkthrough of the customization process. The next segment will be a series of hands-on labs that will allow users to assume the role of an Insight developer and report author. Users will experience and end to end scenario in creating a custom metric and report based on an IBM Rational Team Concert custom attribute, however the process is applicable to any data source.
All in one solution covering manufacturing, maintenance, product life cycle management (PLM) and quality.
Manufacture your product using multiple bill of materials (BOM), different routes, attach worksheets and instructions per job orders, define quality controls, quality check points, management equipment and maintenance requests.
Manage your manufacturing via a Master production schedule (MPS), procurement rules, control panels and much more
well,
This presentation gives very breif insight into SAP basics for noobs or dummies as i may call them (like me)
nevertheless i presume this is not an elegant presentation ....
Having a good Knowledge in the following
• Reporting- Classical, Interactive, and ALV.
• Having working Knowledge of Data Migration from Legacy system data to SAP data using BDC and BAPI.
• Having Knowledge on ALE/IDOC’s
• Having Knowledge on Module Pool Programming
• Data Dictionary Objects.
• Having working Experience on Web-Dynpro ABAP.
• Having knowledge on Adobe Forms.
In operation, achieving a low-cost strategy while focusing on service quality through differentiation can be pretty difficult to be achieved.
Using the technologies, creating a new business process, controlling costs, and providing the highest level of customer service, empowering them to solve business problems, meet expectations globally, and helped UPS accomplish its strategic goals.
The UPS package tracking system is a key competitive advantage. The system enables UPS to differentiate itself from its competitors by providing customers with real-time package tracking, which enhances the customer experience.
Overall, the UPS package tracking system is a critical component of the company's MIS, providing real-time visibility into the movement of packages and shipments, optimizing operational efficiency, and enhancing the customer experience.
In our increasingly Data-driven world, it's more important than ever to have accessible ways to view and understand data.
After all, employees' demand for data skills steadily increases each year.
Employees and Business owners at every level need to understand data and its impact.
That's where Data Visualization comes in handy.
To make Data more accessible and understandable, Data Visualization in Dashboards is the go-to tool for many businesses to Analyze and share Information.
In our increasingly data-driven world, it's more important than ever to have accessible ways to view and understand data.
After all, employees' demand for data skills steadily increases each year.
Employees and Business owners at every level need to understand data and its impact.
That's where Data Visualization comes in handy.
To make Data more accessible and understandable, Data Visualization in Dashboards is the go-to tool for many businesses to Analyze and share Information.
Blockchain is an incorruptible distributed digital ledger that allows for secure, transparent, and tamper-proof record keeping of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. The Quorum version implements a consensus mechanism called Quorum Chain, which utilizes smart contracts, a voting mechanism, and a time-based, majority-voting algorithm to achieve consensus. The nodes in the Quorum network are categorized as Maker, Voter, or Observer nodes. The chain of blocks created cannot be altered without invalidating all subsequent blocks, and the data stored in the blocks is linked together via cryptography. Open networks are available to everyone to participate in the consensus process blockchains use to validate transactions and data.
Today, companies must react quickly to changing trends in the industry to spot and capitalize on new business opportunities. This calls for prompter decision-making, development cycles, and operations.
The problems experienced by famous chocolate brands, which have become expensive for many consumers, have revived the alternatives that local factories have tried to offer at a lower cost to take advantage of the sudden support provided by the pound float.
Food factories in Egypt have launched cocoa and chocolate products similar in shape to imported products whose prices have doubled under the weight of V.A.T., the liberalization of the pound, and increased customs duties.
Many companies in the chocolate industry are preparing to inject new investments into the market during the coming period as the economy recovers following the crises of the last two years.
NAWAEM - ELSHAMADAN
The problems experienced by famous chocolate brands, which have become expensive for many consumers, have revived the alternatives that local factories have tried to offer at a lower cost to take advantage of the sudden support provided by the pound float.
Food factories in Egypt have launched cocoa and chocolate products similar in shape to imported products whose prices have doubled under the weight of V.A.T., the liberalization of the pound, and increased customs duties.
Many companies in the chocolate industry are preparing to inject new investments into the market during the coming period as the economy recovers following the crises of the last two years.
Implications of SWOT Analysis
This paper reviews a report that analyses the current strategy of a Leader in digital transformation & E-payment platforms in Egypt.
Identifying the organizational dimension and analyzing the change in the external environment within its domain, internal factors and control system. Moreover, suggesting for workable approaches to solving the conflicts. Leadership Style
The ultimate controlling management style.
Ticking to the Formulization stage and the inability to delegate can match the situation in which Amazon. The failure of its CEO to delegate tasks and his excessive interference with everything related to work and employee tasks—is convinced that it is the ideal way to control and achieve efficiency.
Information-Sharing Perspective on Structure
"Steve Creamer, president and CEO of Energy Solutions", said his company's biggest problem is human capital.
HR Professional should be able to establish a Market – Competitive Pay structure. No doubt, SMEs and startups cannot compete with more giant corporations when it comes to offering glamorous salary packages and benefits. Make sure you provide a competitive salary and contribute as many benefits to your team as possible, such as health insurance, life insurance, retirement plans, extra.
In smaller organizations, project based practices are usually easier to implement, require a minimal budget and yet contribute to the process of organizational change toward sustainability.
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
Graph algorithms, like PageRank Compressed Sparse Row (CSR) is an adjacency-list based graph representation that is
Multiply with different modes (map)
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2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
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Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
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Sum with in-place strategies of CUDA mode (reduce)
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Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
StarCompliance is a leading firm specializing in the recovery of stolen cryptocurrency. Our comprehensive services are designed to assist individuals and organizations in navigating the complex process of fraud reporting, investigation, and fund recovery. We combine cutting-edge technology with expert legal support to provide a robust solution for victims of crypto theft.
Our Services Include:
Reporting to Tracking Authorities:
We immediately notify all relevant centralized exchanges (CEX), decentralized exchanges (DEX), and wallet providers about the stolen cryptocurrency. This ensures that the stolen assets are flagged as scam transactions, making it impossible for the thief to use them.
Assistance with Filing Police Reports:
We guide you through the process of filing a valid police report. Our support team provides detailed instructions on which police department to contact and helps you complete the necessary paperwork within the critical 72-hour window.
Launching the Refund Process:
Our team of experienced lawyers can initiate lawsuits on your behalf and represent you in various jurisdictions around the world. They work diligently to recover your stolen funds and ensure that justice is served.
At StarCompliance, we understand the urgency and stress involved in dealing with cryptocurrency theft. Our dedicated team works quickly and efficiently to provide you with the support and expertise needed to recover your assets. Trust us to be your partner in navigating the complexities of the crypto world and safeguarding your investments.
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
🔍 Escalation of state-sponsored and criminally motivated cyber operations.
🔍 Active dark web exchanges of malicious tools and tactics.
Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
Opendatabay - Open Data Marketplace.pptxOpendatabay
Opendatabay.com unlocks the power of data for everyone. Open Data Marketplace fosters a collaborative hub for data enthusiasts to explore, share, and contribute to a vast collection of datasets.
First ever open hub for data enthusiasts to collaborate and innovate. A platform to explore, share, and contribute to a vast collection of datasets. Through robust quality control and innovative technologies like blockchain verification, opendatabay ensures the authenticity and reliability of datasets, empowering users to make data-driven decisions with confidence. Leverage cutting-edge AI technologies to enhance the data exploration, analysis, and discovery experience.
From intelligent search and recommendations to automated data productisation and quotation, Opendatabay AI-driven features streamline the data workflow. Finding the data you need shouldn't be a complex. Opendatabay simplifies the data acquisition process with an intuitive interface and robust search tools. Effortlessly explore, discover, and access the data you need, allowing you to focus on extracting valuable insights. Opendatabay breaks new ground with a dedicated, AI-generated, synthetic datasets.
Leverage these privacy-preserving datasets for training and testing AI models without compromising sensitive information. Opendatabay prioritizes transparency by providing detailed metadata, provenance information, and usage guidelines for each dataset, ensuring users have a comprehensive understanding of the data they're working with. By leveraging a powerful combination of distributed ledger technology and rigorous third-party audits Opendatabay ensures the authenticity and reliability of every dataset. Security is at the core of Opendatabay. Marketplace implements stringent security measures, including encryption, access controls, and regular vulnerability assessments, to safeguard your data and protect your privacy.
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...John Andrews
SlideShare Description for "Chatty Kathy - UNC Bootcamp Final Project Presentation"
Title: Chatty Kathy: Enhancing Physical Activity Among Older Adults
Description:
Discover how Chatty Kathy, an innovative project developed at the UNC Bootcamp, aims to tackle the challenge of low physical activity among older adults. Our AI-driven solution uses peer interaction to boost and sustain exercise levels, significantly improving health outcomes. This presentation covers our problem statement, the rationale behind Chatty Kathy, synthetic data and persona creation, model performance metrics, a visual demonstration of the project, and potential future developments. Join us for an insightful Q&A session to explore the potential of this groundbreaking project.
Project Team: Jay Requarth, Jana Avery, John Andrews, Dr. Dick Davis II, Nee Buntoum, Nam Yeongjin & Mat Nicholas
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Production Module & Report Completion Sub-Module. .pptx
1. Production Module & Report Completion
Sub-Module.
Management Information System
Present to
ASSOC. PROF. DR. AHMED BAHGAT EL SEDDAWY
Name: Farouk Zidan ID: 21225297
Name: Lamees Mahmoud ID: 21226930
Name: Noha Hasan ID: 21225329
Presentedby:
2. ABOUT CONSTRUCTION
INDUSTRY
The construction industry is responsible for
building new structures, and it works closely
with architects, engineers, and other
professionals to ensure that buildings meet
design specifications and requirements.
The design and installation of building
systems, including the BMS, fire alarm
system, access, security systems, and
electrical systems, must be carefully
coordinated during construction to ensure
proper functionality.
3.
4. ABOUT
Petrokima was founded by Eng. Sami
Aman & Co in 1977 with only three
employees. They expanded by
implementing electronic control system
HVAC, building a factory, and handling
more significant projects. They employ
over 50 experienced technicians and have
more than 300 workers.
They have established themselves as one of prominent names in the Building Management and
Electrical Systems field by overseeing numerous projects. They have also gained the trust of
hospitals, hotels, and laboratories by providing them with steam humidification systems.
They are known for manufacturing high precision Electrical & Distribution panels and have a
production area of over 3000 SQM.
They have provided HVAC and control systems to substantial entities such as Dar Al-Handasa,
Mall of Arabia, IBM Egypt, and more.
5.
6. Batch production is a production methodology in which products are manufactured in
groups called batches rather than continuously.
In batch production, a group or set or batch of products is made, and the same machinery is
used to make the next batch of goods.
Batch production is usually used for making group orders rather than mass production.
PRODUCTION
PROCESS
BATCH PRODUCTION
The “five M’s.”
Production management’s responsibilities are summarized by the “five M’s”:
Manpower, Machines, Methods, Materials, and Money.
7. ENTERPRISE RESOURCE
PLANNING (ERP)
• Enterprise resource planning is an
integrated system of software applications
that allows an organization to manage its
business processes using a centralized
relational database.
• It allows a business to see a snapshot of its
key functions' efficiency.
• SAP is a software suite that provides a
wide range of business functionalities.
• Software is modular software made to
integrate the main functions of an
organization's core business processes
into a unified system.
• The functionalities can be broadly
categorized into modules: finance,
logistics, human resources, sales and
distribution, production planning, etc.
• Each module provides a set of
functionalities specific to the business
process it supports.
Pricing
Issue
WHY DID THE COMPANY DECIDE
TO USE ERP?
Waste
of material
Effect
bullwhip
Lack
of sharing Inf.
8. • is an ERP software for SMBs
seeking to get up & running quickly.
• Offers a lean, clean set of modules that
make up the core of ERP.
• Users can expect to see financial
management, inventory management,
production management,CRM,
procurement, service management, some
basic project systems, dashboards,
embedded analytics, excel integration,
access via an internet browser, and basic
multi-company functionality.
ERP SYSTEM-
On premise Cloud
SAP Business One
mobile apps
SAP Business One designed for all
small & company’s needs
Deployment
Industries
Business One specializes in manufacturing,
trading, distribution, retail, e-commerce and
service industries.
• Each module represents a list of functions.
• Click on a function to get more selections or
launch it.
SAP Business One Enterprise Search Engine
9. SAP
INTEGRATION
Production planning
• Warehouse and inventory management – manage inventory using various costing
models, maintain item master data, and use multiple units of measure and pricing.
• Bin location management – manages stock in multiple warehouses by dividing each one
into various subzones, setting up allocation rules, optimizing stock movement, and
reducing picking times.
• Goods receipt and issue control – record goods receipts and issues; track stock locations
and transfers; enable consignment, drop-ship, and other orders; and perform inventory
and cycle counts.
• Production and material requirements planning create and maintain multilevel bills of
materials (BOMs), issue and release production orders manually or by backflush, and
globally keep BOM prices.
• Efficient reporting – generate reports with timely data and display them in various
formats or dashboards.
17. Production Planning & Management
SAP Business One Steps
Production Process on SAP B1
Create
A Production Order.
Release The Order To
Assemble
Issue
Components &
Resources
Report
Completion
Use the SAP Business One Production module to create & maintain the following:
• Production Order is the main document in the production process. It records the
progress of the production process for each item produced.
• Production Orders are instructions for planning and assembling a production
item.
• It tracks all the material transactions, costs involved in the production process,
and additional expenses, such as labor overhead.
• Before the work begin, Production Order status must be changed from “planned” to
“Released”. At this point, the Production Order can begin collecting the costs of production.
18. Order Status
is Planed
Step 1#
1. Select the production order type and
the parent item.
2. Enter the quantity of the parent item.
3. Enter the production order due date,
which represents the production
completion date.
4. Enter Warehouse Code to transfer
components needed.
5. Automatically Calculate start & end
dates of each routing stage, based on
waiting days.
6. Insert the product No following by the
Panel Name.
7. After Filling in all the fields, Press
ENTER to proceed required
component to the next screen.
Generate A Production Order on SAP Business One.
In our case, the order will transfer through a Decision point
(waiting for Engineering Dep. design order specs and external
approval fromthe consultant
Production Planning & Management
SAP Business One Steps
19. Step 2#
Once the production order is released the order is ready to be executed on the shop floor.
1. Selecting Issue components on the context menu
2. Use the COMPONENT type to add Resource as Inventory Item
3. Issue MANUAL components.
4. Add the production order.
Bill of Materials (BOM
• Components appear based on the BOM setup. We can add/delete components and modify the base
quantities, warehouse, and issue method.
• The parent item is the finished goods, and the children are the components.
• Labor can be added either as a Labor type item or a resource
* Change Statusto
RELEASEDwhen the
orderreadyfor
production
3- Issue MANUAL
componentsby
Selecting Issue
componentson the
context menu
2- Use the
COMPONENTtype to
add Resourceas
InventoryItem
1- Selecting Issue
componentson the
context menu
Production Planning & Management SAP
Business One Steps
20. Step 3#
Once the requested components transferred from the Warehouse and start assembly process .
1. Add MANUAL the manpower resources Names and the number of working hours
2. By selecting (Issue Components), all resources costs are added to calculate.
Resources
Production Planning & Management SAP
Business One Steps
21. Report Completion
Production Planning & Management SAP
Business One Steps
Step 4#
1. Choose the context menu in production order to Report Completion
2. Alternative add a Receipt from Production Document
When you report completion, the system automatically:
1- Receives the finished product into inventory
2- Issues Backlashed Components
3- Calculates the cost of Producing the order
22. REPORT COMPLETION FLOW
CHART
The flow is shown the process has been done to ensure that the
panel has issued the used components to calculate the correct
cost and transfer the panel from the WIP to the warehouse as a
finished goods warehouse to be invoiced and ready for delivery
to the customer.
REPORT COMPLETION
Steps On SAP B1
23. Production Cost
Summarizing
Production Planning & Management SAP
Business One Steps
Step 5#
1. Choose Summary icon.
2. Automatically, calculate Actual Item Components Cost, Actual Resources components
Cost, Actual product Cost, and the total variance.
24. The Relationship Map between Issue for Production & Receive from
Production
Production Planning & Management SAP
Business One Steps Issue for Production &
Receive from Production
Summarizing
25. Closed the production
Order
Production Planning & Management SAP
Business One Steps
• After we add the receipt from production, we’ll want to go back to the production order
and change the status to closed.
Step 6#
• Choose a receipt from production to add the finished goods to inventory after the production
order is released, and the products are completed.
26. PRODUCTION COST
EFFICIENCY
Production efficiency is important to help manufacturing and production companies
determine the maximum capacity or output they can achieve with their current assets. It
helps them determine if they are being the most efficient with their resources available so
they can determine if they have areas for improvement. Some of these benefits include:
• Discovering the amount of resources needed for production
• Eliminating production waste
• Reducing energy used to create products or services
• Lowering production costs
27. ERP SYSTEM-
Advantages of Using SAP Business One
• Making Work More Efficient
Involves in several aspects related to
production, such as sales or CSR, product
development, finance, and asset
management, using only one platform.
This platform eliminates repetitive processes
by reducing the need to enter information
manually.
• Increase Productivity
This system is designed to make it easier for its
users.
• Complete SAP Features
Then, what are the disadvantages of
SAP?
• SAP Software Implementation Is Quite
Complicated
One of the drawbacks of implementing SAP is
its complexity which is made to suit the
company’s needs, where it takes effort to
implement one function or feature of software
at one time.
• The Price is Higher
It's expensive because companies must buy
the software & hardware needed to run
programs in all companies.
The SAP system enables companies to
manage product life cycles, financial
transactions, to supply chain activities. This
Software offers a variety of analytical
features, including reporting, evaluating
performance, and making decisions.
• Suitable for All Business Sizes