Why Forecasting is a Valuable Tool in a Supply Chain

Forecasts are future view Senior business man searching new opportunities for his company Forecasts are very important information in Supply chain. They tell everyone what to expect in the short and long future. But the key to the usefulness of information is only when it is shared. Shared with the right person at the right time.         How does supply chain uses Forecast As the name says, Supply Chain is a chain. There are links in the front and links in the back. Customers [...]

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Electronic Kanban Process Explained

Kanban Kanban is the Just in Time (JIT) concept where two bin signals are used to control inventory consumption and avoid excess inventory buildup. Inventory is replenished only after consumption. This is a controlled process of inventory management using Pull rather than push. Kanban two bin system Normally, Kanban process is very successful for suppliers located at a nearby distance.   Setting up Kanban Process Card Setup Process Items and suppliers selected for Kanban will have fixed quantity redemption. This is called card size. For example, [...]

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Optimizing Business Output by Efficient Inventory Management System

Whenever you have a business, you will have a lot of stock to deal with. A fast growing business needs to know that how can it manage inventory. Inventory management is a key tool to increase the productivity and efficiency of the organization. If the inventory of the organization is not managed it will lead to inefficiency of the organization as the supplier and the vendor would not know what items needs to be ordered, which items are already present [...]

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Supplier Management is Essential for Consistent Production

In a company which is trying to integrate new technology the biggest hurdle is if the people or its employees are going to accept the new technology or not. There have been many cases where when a company has tried to accept a new technology its employees have rejected it and it never came in the light. Hence, the problem for new technology onboarding comes down to the manufacturer of the new technology. The manufacturer needs to make sure [...]

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One Stop Software Solution With Dynamic Results

TPSynergy offers ultimate supply chain to the potential customers. Take a look to our product range and get the information of the Supplier Portal. We will give you instant access to the supplier’s site to know the current status of the products. We give you integrated customer experience with excellent data services. We offer robust enterprise security and help to leverage your previous IT investment. Our flexible front end solution includes complete portal with a skilled software solution. We [...]

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Supply Chain Collaboration is Crucial for Businesses to Achieve Optimum Operational Efficiency

The Supply Chain has always been an integral part of any business. Supply Chain function is highly responsible for in – bound and out – bound logistics and moreover, the internal processes of the organisation. A supply chain collaboration enables the organisation to convey the accurate information to the distribution channels and also to enable the client or the final customer to track the processing and get the status quo of his requirement. Therefore most of the organisations have [...]

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Implementation of Information Technology Has Very Positive Prospects for Organisations Across the Globe.

Today, it is highly essential for any business to deliver high performance. High performance includes its complete value chain. Business performance largely depends on how efficient its processes are. After all, a delay in shipment either from supplier to business or business to the customer can have a significant impact that would negatively affect the organisation’s credibility. Moreover, there is a very high probability of mismatch in the orders and quotations. Henceforth, most of the organisations across the globe [...]

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Why E-Kanban is Replacing ROP (Reorder Level Planning)

ROP Planning Man stock recording Many of the ERP Systems use MRP based planning. One of the most popular method of planning is Re-Order Level planning also called ROP Planning. In this method, for each item, a minimum stock level will be set in the system. When the actual on hand inventory reaches this minimum level, or goes below this level, this item will be marked as ready to order. Next time when MRP runs, a purchase order will be generated. This [...]

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QUICKBOOKS ENTERPRISE AND EDI

EDI Orders and QuickBooks Customer orders are entered in QuickBooks Enterprise as Sales orders. This gives the flexibility to ship them and create invoice in one step. Also, QuickBooks will update inventory when sales orders are shipped. EDI Orders Processing Some of the customers may send invoices through EDI. For example, large customers like Amazon Vendor central, Grainger, Fry’s electronics sends their orders through EDI. There are many ways of handling these orders. One of the process is to receive these orders through [...]

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Full Service EDI for Amazon Vendor Central

EDI for Amazon Vendor Central More and more suppliers are moving to Amazon vendor Central today. As the order volume for a product increases in Amazon marketplace, Amazon invites the vendor to move to Vendor Central. Advantages of Amazon Vendor Central While seller central is a platform for the sellers to manage their own product sales, Vendor central is a more organized procurement from Amazon. Order volume increases as Amazon promotes the products and sells more volume. Disadvantages of Amazon Vendor Central The main [...]

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