Professional Accounting Blog

    Accounting For Your Prosperity

    Scott A. Holter

    Scott Holter is the Director of Meaden & Moore’s Business Solutions Group. He has spent 20 plus years in manufacturing and technology consulting.

    Recent Posts

    ERP Systems in 2019: Not Your Grandfather’s ERP

    Posted by Scott A. Holter on Feb 14, 2019 8:00:00 AM

    Topics: ERP

    My wife and I recently purchased a 2018 Pacifica, our seventh Chrysler minivan, and while I won’t try to convince anyone that the minivan has become a cool vehicle, this Pacifica is drastically different from our 1990 Dodge Grand Caravan.

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    What is "The Cloud" and How Does It Impact Your Business

    Posted by Scott A. Holter on Jan 8, 2019 10:16:30 AM

    Topics: ERP

    Cloud computing is the biggest technology change witnessed by the professionals at Meaden & Moore Business Solutions since Windows replaced DOS. Every technology company is staking a claim in “the cloud” and marketing itself as cloud ready. Despite all the marketing hype, we have identified many differences in approaches that could impact your business.

    At its core, the idea behind cloud computing is to remove the costs, time, and hassles that companies incur in the management and maintenance of their own IT infrastructure and applications. This is not a new concept as “hosted” solutions have been around for over decade, but the means by which it’s accomplished is changing dramatically.

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    Demand and Capacity Planning: Unlock Your ERP System’s Full Potential

    Posted by Scott A. Holter on Dec 6, 2018 12:36:19 PM

    Topics: Accounting and Tax Resource

    demand capacity planningDemand and capacity planning is essential for manufacturers. And while it may seem simple to determine production capacity requirements based on current demands and continually react to changes in capacity requirements, it’s not that easy.

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    Three Management Approaches to Choosing a New ERP System

    Posted by Scott A. Holter on Jun 27, 2017 3:35:29 PM

    Topics: ERP

    Once every 10-20 years, most manufacturers and distributors shop for a new ERP system. Some go through a quick, simple exercise to determine if their current system is adequate for the near-term while others go through an entire evaluation and selection process that culminates with a purchase and replacement.  Through our 20+ years of experience, Meaden & Moore has identified three approaches, each appropriate under their respective circumstances.

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    Manufacturing Lot Size Considerations for Inventory Reduction

    Posted by Scott A. Holter on May 17, 2017 2:32:00 PM

    Topics: ERP

    Below is an excerpt from our whitepaper, “You’ve Been Charged with Reducing Inventory. Now What?”, which provides a detailed look at various methodologies and ideas related to inventory reduction

    APICS and college-level classes teach us the Economic Order Quantity (EOQ) formula, which approximates the proper make or buy quantity per item that balances ordering costs with inventory carrying costs.

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    Lean and ERP: Can They Co-exist?

    Posted by Scott A. Holter on Jan 11, 2017 12:00:00 PM

    Topics: ERP

    Pull systems are one of the tenets of lean manufacturing. Pull systems rely on:

    • Actual demand-driven replenishment
    • Visual management systems, such as Kanban signals, for replenishment
    • A signal from the downstream work center or resource of a need for production replenishment

    Small production quantities are another tenet of lean manufacturing.  Of course, setup and changeover time must be reduced first in order to make small batch production cost effective.  One piece flow is considered ideal with repeated schedules to simplify the scheduling function.

    So, you or your company embarks on its lean journey, and what is the first obstacle you encounter?  The ERP system.  Well, actually, not the entire ERP system, but the entity called a Work Order (or Shop Order, Production Order, or equivalent).  Why?

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    ERP: Enterprise Requirements Planning or Expense Regret Pain

    Posted by Scott A. Holter on Dec 6, 2016 8:42:33 AM

    Topics: ERP

    For over 20 years, Meaden & Moore’s consulting division has been helping clients through the maze of choices and difficulties in implementing ERP software.  In that period, ERP has evolved and now includes quote-to-cash, requisition-to-pay, plan-to-produce, record-to-report, lead-to-return, call-to-resolution, and virtually every other business process an industrial company might perform.  As a result, while software has grown more “user friendly” and reliable since the days of DOS and green screens, it has also grown increasingly more complex.  With comprehensiveness comes complexity.

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    What Layer of Functionality Do I Need in My ERP System?

    Posted by Scott A. Holter on May 10, 2016 8:29:43 AM

    Topics: ERP

    When manufacturers are looking at evaluating their current ERP systems by considering potential options for replacement, they first need to look at what layer of functionality they may need to support their current and future operations.The following describes three layers of functionality that can help a firm determine what type of system they may need, based on the types of transactions and operations they run. Each level adds more functionality and complexity for decision making in a more integrated environment. This important decision alone can also save your firm thousands of dollars in both acquisition, implementation and on-going maintenance costs.

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    Top 10 Things That Let You Know it's Time to Get a New ERP System

    Posted by Scott A. Holter on Sep 22, 2015 9:30:00 AM

    Topics: ERP

    Part 3 of Best Practice for ERP System Selections

    In the past two installments of our M&M Business Solutions blog, we have talked about best practices related to ERP search and selection projects. We highlighted specific things to consider to assemble the right project team, have clear business and project objectives, and to be realistic regarding the differences between a software demo and a day-to-day working ERP business software solution.

    In Part 3, written by Alan Lupas, let’s consider the Top 10 Things That Let You Know it’s Time to get a New ERP System

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    Best Practices for ERP System Selections: Part 2

    Posted by Scott A. Holter on Aug 13, 2015 3:26:00 PM

    Topics: ERP

    This month we’d like to continue in our ERP System Selection series to give you a better perspective on Best Practices for ERP System Selections. Click here to read Part 1.

    Now that you’ve got a good start in the qualifying process of looking for a new ERP system, what’s next? Let’s look at the top seven things to consider in a business software demo.

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