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.Read More
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.Read More
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.Read More
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.Read More
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?Read More
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.Read More
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.Read More
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.Read More
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?Read More
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.Read More