Professional Accounting Blog

    Accounting For Your Prosperity

    Before Investing in New Technology, Take Stock of Existing Systems

    Posted by Jim Rollins on Apr 11, 2019 8:00:00 AM

    Topics: ERP

    Rapid advances in technology combined with a tight labor market are prompting increasing numbers of manufacturers to consider investments in automation.

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    More Insights on Job Shops and ERP Software

    Posted by Scott A. Holter on Apr 9, 2019 12:50:30 PM

    Topics: ERP

    This month we'd like to continue in our Job Shops series to give you more insights on Job Shops and ERP software. Click here to read Part 1. 

    Job shops are common to Northeast Ohio and the Great Lakes region.  Job shops cover a wide range of industries but have several common characteristics:  

    1. Products manufactured are generally to single customer’s design and need

    2. Small to medium-size customer orders

    3. Production occurs in small batches that is intermittent without the velocity of repetitive or continuous flow manufacturers

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    5 Keys to a Successful ERP Data Conversion & Migration

    Posted by Scott A. Holter on Mar 27, 2019 8:00:00 AM

    Topics: ERP

    Congratulations on the purchase of your new ERP system! Now just press the EASY button, sit back, and watch as your new system automatically absorbs the data from your old system and sets up your new system in the most efficient way for you to run your business!

    Wait, are you telling me it’s not the way it works? No matter how much you hope for it to be, the ERP data conversion and migration process will not get done overnight. Despite the advancements made in technology and software for ERP systems, you can’t bypass the work required to successfully migrate your company’s data to your new system.

    However, most of the pain involved in the ERP data conversion and migration process can be alleviated by planning ahead and allowing adequate time to methodically migrate your data.  Using the tools provided by today’s systems you should still be able to sleep well during the process. The following are what I believe to be the key points to a successful ERP data conversion and data migration.

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    What Are Job Shops and Why Are They Different?

    Posted by Scott A. Holter on Mar 21, 2019 4:10:58 PM

    Topics: ERP

    The manufacturing world is full of jargon and acronyms, and the term “job shop” gets thrown around a lot and is often misunderstood.

    This article defines some of the characteristics of job shops and identifies some of their unique challenges for ERP software. 

    1. Make to order supply chain strategy

    2. Limited finished goods inventory; inventory mainly held in raw material form

    3. Products made to each customer’s unique design and demand pattern

    4. Small batch production runs (as compared to repetitive manufacturers)

    5. Complex routings with long production lead times due to high product variability

    6. Relatively simple Bills of Material, often just a single raw material

    7. Functionally-organized plants (e.g. Milling separate from Grinding separate from Machining) with moves and queues between each step in manufacturing process

    8. Flexible, multipurpose equipment with low capacity utilization

    9. Complex scheduling requirements

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    5S Your Way To Efficiency and Profitability

    Posted by Scott A. Holter on Mar 19, 2019 8:00:00 AM

    Topics: ERP

    We organize and clean at home. Doing the same at our manufacturing facilities and offices will increase both efficiency and our bottom line. This is Part 1 of a two-part series that discusses how manufacturing organizations can utilize the 5S methodology to establish a strong foundation of discipline needed to increase efficiency and profitability.

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    Benefits of Reducing Machine Setup Time

    Posted by Meaden & Moore on Mar 12, 2019 8:00:00 AM

    Topics: ERP

    Machine setup time refers to the period of time that is required to prepare a machine for its next run after it has completed producing the last part of the previous run. So why should you focus on reducing machine setup of your manufacturing process instead of focusing on reducing the overall run time? Although decreasing run times reduces overall lead times, shortened machine setup times will reduce your organization’s manufacturing costs as well as increase your flexibility to meet customer demands.

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    How MRP Helps Your Manufacturing Business

    Posted by Scott A. Holter on Mar 5, 2019 8:00:00 AM

    Topics: ERP

    Material Requirements Planning (MRP) systems are powerful tools that balance your supply and demand in your manufacturing operations. Today, many people refer to enterprise resource planning (ERP) systems as well. How do MRP and ERP relate to one another? ERP is an extension of the MRP concept and incorporates the fully integrated operation from order to cash to meet customer fulfillment and satisfaction.

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    Why Business Process Improvement Is Still Important

    Posted by Scott A. Holter on Feb 28, 2019 8:00:00 AM

    Topics: ERP

    Business processes are the foundation of your business and the building blocks upon which you construct your enterprise resource planning (ERP) system. When your personnel understand the processes, they can make connections between daily activities and value. ERP systems should be augmenting your business processes and leveraging the foundational knowledge of your personnel.

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    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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    Lean Blockchain

    Posted by Guest Blogger: Becky Morgan on Jan 28, 2019 10:06:23 AM

    Topics: ERP

    Meaden & Moore is proud to showcase informative blog posts written by guest bloggers to further educate our audience and promote thought leadership in the accounting industry. This guest blog post is courtesy of Becky Morgan, from FULCRUM.  

    The phrase "Lean Six Sigma" is nonsensical to me. It's like "lean 5S" or "lean SMED." Why would we select our favorite tool and slap it after lean? Similarly, lean blockchain makes no sense. The good news is that I don't think anyone is using that phrase!   

    But people are asking if blockchain is something that lean organizations should be using.

    As with most things, the answer is: "it depends."

    Blockchain is a relatively new database formatting methodology. It uses some very cool math (or awful math if you find elliptic curve cryptology boring) and some basic rules to create a secure (until quantum computing is here, and by then we'll have quantum blockchain) source of transaction history that cannot be edited.

    So why would anyone care?

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