Tag Archives: Inventory

  • About Receiving

    Posted on January 20, 2010 by in Product

    About Receiving See Flags That Affect Receiving Functions for details on how company settings affect receiving processing. In addition, the default location, grade standard, and shipment method for purchased goods is set in the General Company Setup (STCOMP), General tab. For goods received with defects, the default code standard is also set there. Receiving has these [...]

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  • About Production

    Posted on January 20, 2010 by in Product

    About Production The production process has a number of very useful capabilities that manage the complexity of production and support accurate planning and scheduling processes. In general, the journey from input materials to finished goods follows a pattern or sequence, with plenty of variation possible. The production process is initiated by two demand streams: Sales [...]

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  • About Inventory

    Posted on January 20, 2010 by in Product

    About Inventory Use the Inventory module to control the steel products inventories (work in process inventory and finished goods inventory), consumable items inventories, and scrap inventory. Steel Products: may include merchandise steel products (purchased for resale which form is not altered prior to resale) and job-specific steel products that require further processing before completion and sale. [...]

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  • About Costing

    Posted on January 20, 2010 by in Product

    There are two types of costing in SEMS: Product Costing (or Actual Costing), which is used for the costing of individual inventory items and is the cost that will be booked to the General Ledger. Standard Costing, which is used at the time of Sales Order entry to provide an estimated cost of a Sales [...]

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  • SEMS Overview of Flow

    Posted on January 6, 2010 by in Product

    SEMS Overview of Flow SEMS is a management system for processing steel from initial quote through shipping and collection of payment. Some business rules regarding the process flow can be amended by site specific flag settings, however the standard process flow is: A sales order is created either as a quote (enquiry) or an order The [...]

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  • SEMS Componet Modules

    Posted on January 6, 2010 by in Product

    Compete on equal terms with industry leaders, use the tools they use Component module Inventory Manage Inventory to maximize value, customer satisfaction and ROI. SEMS provides the most comprehensive metals-industry specific inventory management capability. This focus and ability infuses every related business module and process. Gain the advantage of practical, advanced and comprehensive processes for [...]

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