Demand Planning
IFS/Demand Planning™,a highly collaborative, graphical and interactive tool for forecasting and collaborative demand planning, helps create both short-term and long-term forecasts/demand plans as a basis for sales planning, budgeting, master scheduling and inventory control, etc. Advanced Internet-based collaboration capabilities, a vast array of statistical methods, multiple forecasting scenarios and tight integration with the rest of the IFS/Planning processes are also available.
Invoicing
IFS/Invoicing™ enables you to seamlessly generate customer invoices and enter supplier invoices from IFS/Customer Orders and IFS/Purchasing, respectively. The highly automated and integrated processes provided by IFS/Invoicing ensure fast and accurate handling of invoices. Statistical tools for detailed follow-up and analysis, combined with advanced credit management tools, provide the framework necessary for the efficient operation of any financial department.
All invoice types for payables and receivables are easily handled, and both manual and automatic invoices can be created. Advance invoices, collective invoices and credit invoices are included.
IFS/Invoicing has extensive capabilities for invoice matching against purchase orders and continuous monitoring of customer credit limits and accurate credit management. The component is integrated with IFS/Accounts Receivable and IFS/Accounts Payable, both part of IFS Financials.
Customer Schedules
IFS/Customer Schedules™ efficiently manages repetitive demand schedules, i.e., a continuous, ever-changing, high-volume flow of order information from repetitive manufacturing partners. The fast and accurate information flow minimizes delays in the supply chain and, consequently, the need for unnecessarily large inventory reserves. Built-in reconciliation automatically aligns schedule differences, adjusting the schedule to reflect actual customer needs. Features include cumulative and bucketed schedule tolerance, cumulative call-off, and schedule receipt and reconciliation. IFS/Customer Schedules also facilitates planning by helping you receive forecasts from your customers.
Customer Orders
IFS/Customer Orders™ effectively handles customer orders at one or more locations, including picking and distribution with user-defined order flows.
IFS/Customer Orders suits both companies with single-site operations and diversified multi-site enterprises. Full multi-site interoperability and global sourcing are available without add-on components. Deliveries can be handled order based or consolidated in shipments. This is a fundamental component of the IFS Supply Chain Management (SCM) solution. Configure-to-order (CTO), multi-site, multi-level capability check, i.e. enhanced capable-to-promise (CTP), available-to-promise (ATP), and return material authorization (RMA) functionalities, are included. The component provides advanced pricing options for your business, e.g., extensive price list handling, customer agreements, and consolidated group accounts.
Supplier Schedules
IFS/Supplier Schedules™ is ideal for high-volume manufacturing environments with a continuous and high-volume flow of order information. The component improves administrative efficiency by reducing the number of transactions requiring user input. For example, the component allows users to communicate up-to-date material requirements to suppliers with a minimum of transactions. In addition, the component makes it easier to generate, approve, and release schedules, with several delivery pattern options. Normally, a supplier schedule includes a business agreement, or contract, and a regular schedule of requirements that extends to a future date. In IFS Applications, these requirements are automatically generated by MRP, based on net demand.
Purchasing
IFS/Purchasing™ offers a unique set of capabilities to help you develop your purchasing process, such as supporting your strategic choice of suppliers, assortment, and markets. All types of purchasing activities are handled, from procurement to supplier invoice matching. The component handles multi-site companies as well as centralized purchasing, and is a fundamental component in the IFS Supply Chain Management (SCM) solution. All standard routines can be run automatically, with minimum effort, enabling you to focus on managing exceptions. A wide array of statistical functions allows detailed analysis of supplier performance as well as part quality analysis.
Inventory
IFS/Inventory™ streamlines your entire inventory process. Extensive statistics functions are built into the system for detailed analysis.
Multi-site environments are fully supported, and designated clients facilitate movement of goods between sites.
IFS/Inventory enables full control over externally owned stock and project-related material. Through secure Web interfaces, the supplier can monitor and update stock balances and consumption for vendor-managed inventory (VMI). Also, all inventory valuation methods are supported in standard as well as advanced multi-level actual costing functionality, including detailed cost specifications and cost updates.
|
