Engineering Change Control
What Is? The primary purpose of engineering change control is to help you better manage engineering changes to your products and/or associated […]
Category: Solution
Bill of Materials
What Is? A Bill of Material (BOM) is a listing of all the sub-assemblies, intermediate parts, and raw materials that go into […]
Activity Based Costing
What Is? The Activity Based Costing solution can be thought of as a more accurate method of apportioning overheads, the aim being […]
Accounts Receivable
What Is It? Most companies are in business to sell goods and/or services in order to make a profit. To achieve this, […]
Assets Register
What Is It? In accounting terms, an asset represents a resource that is owned by a company and is represented as such […]
Budgeting and Targets
What Is It? A budget can be defined as ‘a quantified plan of action relating to a given period of time’. The […]
Cash Book
What Is It? ’Cash, being the most liquid form of money, is of prime importance to the enterprise. Cash must be carefully […]
Electronic Funds Transfer
What Is It? Electronic funds transfer (EFT) allows transfer of funds between accounts and firms electronically. EFT is a transaction that allows […]
Supply Chain Strategy with Demand Driven MRP (DDMRP)
How Manufacturers can optimize their supply chain strategy with Demand Driven MRP (DDMRP) Demand Driven Material Requirements Planning (DDMRP) helps you bring […]
Budget Planning
Individuals, small companies and corporations mainly use one of two budgeting techniques — bottom-up or top-down budgeting. Bottom-up budgeting starts from the […]