Four Tips for Effective Inventory Control

In the manufacturing industry, it’s not just important to have an accurate up-to-date account of your company’s inventory, it is absolutely necessary for your company’s survival. Many businesses may think they’re keeping a sufficient record of their inventory by simply storing their yearly count in Excel or QuickBooks. Read more

Attend Lunch & Learn – Mfg. Lean Transformation Event

Attend Lunch & Learn - Manufacturing Lean Transformation EventJoin the Garland Chamber of Commerce, the Dallas County Manufacturers’ Association (DCMA) and TMAC for Lunch & Learn – Manufacturing Lean Transformation Event

Presentation: The Journey of Lean In A Traditional Business Given By Chief Financial Officer, Duane Prentice, of Hatco Inc. 

Duane enabled breakeven EBITDA for a business which had lost $100M EBIT over the preceding four years (including a$37M EBIT loss in prior year) and generated a $23M positive free cash flow.  He knows LEAN! Read more

CFO’s Discover Tangible ROI of CADLink Integration to ERP

Tangible ROI Factors of CADLink Integration With ERP

As a CFO of a manufacturing or MRO company, you know all to well, how your time spent looking at the bottom line, and directing your business through financial mazes and getting the best business solutions for your company can be a time consuming process.  Clients First Texas recently partnered with an Independent Software Vendor (ISV) with great references and a solution many of our manufacturers need; CADLink by Qbuild has tangible returns on investment of integrating CADLink with your ERP solution.  As a result, we are presenting the CAD integration solution by having a webinar aimed at the manufacturing and MRO industries.  The webinar will be held on March 24th at 12PM CST. Read more

Integrate CAD Software With Dynamics Using CADLink

 

Solve CAD Software & Engineering Manpower Issues Using NAV & CADLink

With Microsoft Dynamics NAV or Dynamics AX and CADLink, your company can eliminate clerical work and increase the efficiency of every skilled engineer.  As your business relies on engineers in your manufacturing processes, you know all too well that engineers hate wasting their creative genius doing menial tasks such as data entry for supply chain bill of material updates.  CADLink can remedy this by synchronizing your CAD software bill of material items with a two way data push that reduces data entry errors, and inaccuracies to ultimately prevent: Read more

NAV Resources Every IT Manager Should Have For Performance Optimization

Dynamics NAV Process Improvement BlogsWhile it is commonplace for Clients First to write about Microsoft Dynamics NAV’s functionality, and useful tips, a community of Dynamics NAV MVP’s exists that we wanted to share.  They deliver content on Dynamics NAV performance optimization, and troubleshooting.   Read more

Secrets of Supply Chain Planning for 2016

2016 Better Supply Chain with ERP PlanningIncreasing demand for end-to-end supply chain visibility is perhaps one of the most discussed issues when it comes to enterprise resource planning (ERP). One reason for this is that many organizations with multinational presence are still struggling to achieve full insight into their complex operations.
Though modern ERP solutions provide superior visibility compared to obsolete business management systems, honest replies to questions about the degree of visibility across all the tiers in the supply chain have revealed a series of limitations because of the dependence on Excel or a Legacy Accounting System. The impossibility of tracking merchandise under shipment along with the necessity to switch between multiple systems and/or portals to get up-to-date information about products from different manufacturers, retailers and logistics service providers are just two of the factors that hamper a company’s ability to effectively control the goods it produces overseas and imports into the US. Read more

US Manufacturing: Factors Driving the Resurgence

Nothing excites me more than the resurgence of US manufacturing. It’s comeback has a multiplier effect on the US economy, for every dollar in final sales of manufactured products, $1.33 goes into output.  This effect accounts for the largest multiplier of any sector in the economy.  I came across this article by Seeking Alpha and condensed it below.  The article describes the continued growth in US manufacturing.

(Read the full article at Seeking Alpha). Read more

Advice To CFO’s Who Want Deferrals For Revenue & Expenses

Deferrals and budgeting picture

We are so excited by NAV 2016’s Financial Enhancements.  They include data conversion, improvements with customizing reports in Word for different customers and different billing media, deferrals, positive pay, and posting previews to name a few.  Today to aid CFO’s and controllers, we will discuss the deferral functionality in NAV 2016.

Deferral functionality allows the user to automate the process of deferring revenues and expenses over a pre-defined schedule. This is available for sales and purchasing documents, as well as general journals. Read more

Women Who Work Wonders In Manufacturing

Superhero business woman using laptop computer with white wall background, great for your design or text, asian

More than anything, I want to champion strong, smart and courageous women.  I polled far and wide to find such women in the manufacturing industry.  While most industries are split along the same fifty-fifty line of the population, manufacturing’s population of women is only about 25%.

From the shop floor employee to a c-level executive, let me introduce two women we are nominating for STEP awards in manufacturing:  Cielito Toledo Matienzo, and Elizabeth Pospick. Read more

TMAC Hosting Supply Chain Strategy Learn @ Lunch

TMAC Lunch and Learn TMAC and Arlington Chamber of Commerce Hosting Supply Chain Strategy Learn @ Lunch.

Supply Chain Optimization for Leaders featuring the Benefits and Approach to Optimizing Supply Chain on Wed., September 16, 2015 11:30 AM  – 1:30 pm.

The Supply Chain Optimization Initiative is based on establishing a comprehensive view of the Supply Chain and improving the visibility and responsiveness of all Tiers supporting the Supply Chain, whether it is supporting a small to mid-sized contract manufacturer or a large multi-national OEM … the concepts and tools are applicable.  Register now!

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