IFS is a provider of enterprise resource planning (ERP) applications for manufacturing, supply chain, project management, financials, service management, customer relationship management, corporate performance management and maintenance repair and overhaul. It provides a packaged solution that can put all of the pieces together on one enterprise platform. It supplies a service-oriented component architecture that can grow with your business as it grows.
Doing an IFS Review
An IFS review will show that this enterprise software company offers batch processing and recipes for its applications. These recipes can handle such tasks as functionality for revision control, yield and alternates. It also includes batch balancing for the the organization of and optimizing the production of batch balances and restricting batches. Its components can be combined with other production planning tools which include IFS/Demand Planning and IFS’ master scheduling functionality. This can be applied to the pharmaceutical industry, paint and adhesives and the food and beverages industry, as well. IFS is known for being able to apply a number of components on one platform. IFS/Demand Planning is a smart interactive tool for forecasting and collaborative demand planning. This helps with planning short and long-term forecasts for such tasks as sales, budgeting, scheduling and inventory control.
IFS can also provide component applications which are Internet based for such tasks as statistics, multiple types of planning and forecasting scenarios and collaborative integration with its other planning and processing components. The company also has a Call Center component which provides effective services for a client’s customers as well as field service and client support. This allows a client’s agents to keep in close contact with customers and provide flexible routing, direct dispatch, rapid search, and a built-in knowledge base. The Call Center also includes support contracts and service levels agreements (SLA). These are utilized as a basis for all contracted work. It also allows for the tracking of all projects, equipment, products and invoices. Journals are also included to track each step for tracing and compliance.
When looking into an IFS review you will learn about the company’s IFS/Customer Schedules, which manage repetitive demand schedules. These are schedules that can change based on the volume and flow of a businesses order information from various manufacturing partners. This keeps track of the flow of information about projects as well as the supply chain. It also manages scheduling receipts and reconciliation. This component can also facilitate planning receive forecasts that are submitted by customers. IFS/Supplier Schedules handle environments for high-level manufacturing and manages the continuous flow of order information and data. It can improve the efficiency of administrative details by keeping everyone on the same page with up-to-date details of all transactions.
The IFS/General Ledger tracks, reports and provides financial analysis for all financials. It provides applications for all accounting and integrates with project management. It also provides budgeting functionality for all project management. Some of the other IFS applications include cash flow, complex MRO (maintenance, repair & overhaul ), costing, customer orders, customer quotation, eInvoice, Employee development and certification, engineer to order, equipment, field service, fixed assets, make to project, time and attendance Web store, training management and more.
That’s a quick IFS review.