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 [...]
No Comments. Continue Reading...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 [...]
No Comments. Continue Reading...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 [...]
No Comments. Continue Reading...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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