This document is a Version Definition Guide that describes the capabilities
delivered in Feature Pack 5 GA for Infor ERP LN.
The capabilities include:
▪ improved business processes ▪ new features ▪ statutory reports for new countries ▪ usability and ability improvements
The improved Supply Chain Collaboration processes will give more support to
Vendor Managed Inventory and Subcontracting processes.
Vendor-managed inventory (VMI) is a process in which a supplier generates
orders for its customer based on demand information sent by the customer.
Throughout the supply chain, VMI is a way to cut costs and keep inventory levels
low. VMI lets manufacturers reduce overhead by shifting responsibility for
managing and replenishing inventory to vendors. Both supplier and customer
side are addressed.
More control on the flow of goods for subcontracting operations are delivered to
improve shipment and receipts of WIP, and optionally additional components,
to a subcontractor. Also functionality to plan and execute subcontracting for a
whole manufactured item by a subcontractor, rather then a few operations is
supported.
The Assembly Line Control functionality is further improved. Among others, Final
Assembly items can be stored in inventory, the sequencing of orders on the
assembly line is improved and costing is possible per unit effective item. Also,
the kitting functionality is extended in Order Management as well as in
Warehousing.
Multi-currency reporting capabilities are improved by bundling the existing
functionality of Financial Statement and FASB52 reporting to enable reporting
according to the commonly known standards and requirements like IFRS/IAS.
Version Definition.pdf
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