Business: Low Cost Material Resource Planning (MRP) Proven Most Effective for Small Manufacturers

Low Cost Material Resource Planning (MRP) Proven Most Effective for Small Manufacturers

Written by Rocky Smolin

Small manufacturers face repparttar

same challenges as larger manufacturers without repparttar 102928

financial depth to resolve repparttar 102929

same issues. The result has been that some of repparttar 102930

technologies that allow mid-sized and larger manufacturers to achieve efficiencies have been out of reach for repparttar 102931

smaller manufacturer until now.

Rocky Smolin, President of Beach Access Software and maker of E-Z-MRP. Smolin 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 repparttar 102932 standard 18-month MRP implementation cycle to as little as 18 days.”

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.

Creativity and Innovation Management- why products fail.

Written by Kal Bishop

There is no sure fire route to commercial success but repparttar

probability of success can be increased. This is important for at least two reasons:

a)Resource Management. The Economist (2003) states that 3000 bright ideas result in 100 worthwhile projects, which are winnowed down to four development programmes. And four such development programmes are required to stand any chance of getting one winner.

b)Time Management. Whilst it is often repparttar 102927 case that sufficient time is not taken to develop a product fully, there is always time to go back and fix mistakes. The cost of product re-engineering varies from repparttar 102928 low to high billions.

There are a number of techniques that allow better problem identification and idea generation (creativity) and better idea selection, development and commercialisation (innovation).

Innovation strategies include:

a)Valuing ideas according to their type. Random ideas and those resulting from solution spotting have repparttar 102929 highest success rates.

b)Measuring strategic, technical and competency fits with repparttar 102930 organisation.

c)Measurement of ideas according to their impediments. A new type of cell phone will be infinitely easier to produce than a time machine. The Internet has a far lower take up in Africa than in Europe because of infrastructure deficiencies.

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