Inventory Well-Being in QAD

Posted on: January 18, 2021 | By: Robert Joynt | QAD Manufacturing, QAD Business Process, QAD Distribution

Inventory accuracy is one of the most important data points in an ERP system. In order to use your ERP effectively, the system relies on inventory records to be accurate. When your inventory records are inaccurate you may agree to due dates that are inaccurate leading to poor customer satisfaction or even misstate your financial statements because you show incorrect assets. As you can see there are many reasons that...


How to Manage Complex Products with QAD in Food and Beverage Operations

Posted on: January 14, 2021 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

With the vast product lines inherent to food and beverage operations, Chief Operating Officers, Plant Managers and other operations leaders are under pressure to manage a bevy of resources  needed to create, package, and execute a complete product. There are seemingly infinite combinations of different products, sometimes just varying by an ingredient or a single packaging material. QAD is fully equipped to keep an eye on it all. Manage Complex...


Best Budget Management Practices for Consumer Product Manufacturers Using QAD EE

Posted on: January 7, 2021 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

A good budget process is essential to effectively managing a business. Budget management is the process of projecting and developing estimates for future financial results. While budgets are used to manage and track incomes and expenses, sales side people often refer to revenue budgets as “projections” while cost-side people typically stick to the word budget. The overall budget process usually starts with the creation of an annual fiscal year sales...


Logan Consulting Effectively Leverages SharePoint for ERP Implementations

Posted on: December 30, 2020 | By: Tim Lovely | Uncategorized, QAD Practice News, Logan Consulting News, ERP Selection, QAD Business Process

Logan Consulting will start a number of new ERP implementation projects in thee new year! For our new clients who do not have a well-defined SharePoint structure, Logan Consulting's SharePoint structure does an excellent job of supporting our ERP implementation projects. Logan Consulting utilizes Sharepoint extensively as part of our methodology, and it has become an integral tool to support our projects. In addition to the SharePoint lists for a...


Configuration Management and Product Configuration in the Medical Device Industry

Posted on: December 15, 2020 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

Configuration Management Configuration management is “a process for establishing and maintaining the consistency of a product’s performance, functional and physical attributes with its requirements, design and operational information throughout its life.” Configuration management streamlines the quote-to-delivery cycle for to-order medical device manufacturers because it enables the generation of items, bills of material, engineering drawings, routings, and instructions. Additionally, configuration can create and/or enable required attributes, characteristics, and specifications for the...


4 Key Statutory Requirements for Operating Your Business in Mexico

Posted on: December 10, 2020 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process

There are many advantages and incentives to expanding business operations to Mexico, the second largest trading partner of the United States. However, for manufacturers to take advantage of Mexico’s operational benefits, they must ensure they remain compliant with all of Mexico’s statutory requirements. Below are four key legal statutory requirements that apply to manufacturing operations in Mexico. 1. Electronic Invoicing The first of the major statutory requirements is electronic invoicing. Any business...


Top 5 Year-End Closing Activities for Manufacturers

Posted on: December 10, 2020 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution

It is vital for any manufacturing organization to execute the year-end processes properly and on time. In this list, we’re going to cover five crucial aspects of financial year end activities—and how QAD can provide solutions. 1. Inventory Reconciliation In order to ensure that a manufacturing organization has a successful year-end close, it must follow the typical process of inventory reconciliation, which we outline in the following steps: Count the...


Managing Financial Outcomes in Today’s Medical Device Marketplace

Posted on: December 3, 2020 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process, QAD Distribution, Professional Services

Recent decades have witnessed major advances in medical technologies that have been responsible for earlier and more accurate diagnoses, more effective treatments, and the ability of people to live longer, healthier lives. But because new technology is the primary driver of rapidly rising health care expenditures, these advances do not come without risks and costs. To minimize risk and control costs, health care facilities are now being more selective in...


Top 7 Year-End Closing Activities for Food and Beverage Manufacturers

Posted on: November 24, 2020 | By: Ethan Naegele | QAD Financials, QAD Manufacturing, QAD Business Process

It is vital for any food and beverage organization to execute the year-end processes properly and on time. In this list, we’re going to cover seven crucial aspects of financial year end activities—and how QAD can provide solutions.   1. Inventory Reconciliation – with Lot Control/Expiration In order to ensure that a food and beverage organization has a successful year-end close, it must follow the typical process of inventory reconciliation,...


6 Key KPIs for Automotive Industry Operations Executives

Posted on: November 18, 2020 | By: Ethan Naegele | QAD Manufacturing, QAD Business Process

It is no secret that the automotive industry is very competitive, requiring any automotive business to make every improvement possible to compete. For example, according to IHS, only about half of new car buyers remain loyal to the brand they already owned, showing just how competitive this industry can be. With that said, an automotive business cannot make improvements in areas where it cannot measure success. This is where the...