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Follow on Google News | Escape Velocity Systems introduces the Least Cost Formulator module for O2 Process ManufacturingThe Least Cost Formulation (LCF) module is a paradigm shifting addition for metals, foods, nutraceuticals, biopharmaceuticals and other industries that must pay close attention to lot attributes and achieving attribute targets.
By: Taya Scherr According to Nathan Brown, Principal in charge of the Innovation Group, "I don't know of any other mid market ERP provider that fully integrates a true least cost optimization into their formulation and production processes. The math required to make this happen puts it beyond the realm of standard business application software. The Least Cost Formulation module is a paradigm shifting addition for metals, foods, nutraceuticals, biopharmaceuticals and other industries that must pay close attention to lot attributes and achieving attribute targets. While other systems may have a heuristic method of recommending lots, O2 Process Manufacturing provides a true mathematical least cost by selecting lots and items that achieve the target attributes, while minimizing the cost. Because LCF is part of the O2 suite there is no integration necessary. That means that the LCF is always looking at up to date inventory data. This is critical. "Escape Velocity Systems is already an industry leader in mid market Process Manufacturing ERP software. This module widens that gap considerably." Escape Velocity Systems (EVS) was formed in 2001 to combine specific industry knowledge related to process manufacturing, distribution, and ERP implementations with cutting edge software development. The company focus is to create tools that enable mid-market enterprises to achieve their goals, focusing on lean processes and ROI. Escape Velocity Systems is an Endorsed Solution Provider for the Sage MAS 500 ERP system. http://www.evs- # # # The Manufacturing Advisory Council is a coalition of manufacturers, govt and education leaders, and key service providers that promotes solutions for issues including: HR, Finance, ERP, Automation, and Operations. End
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