Standard Product Costing (SPC) - Maintains accurate cost information about products - fiscal standard cost and current standard cost. These costs are made up of material, labor, set up, variable overhead and fixed overhead. Additional cost classifications are: this level cost (cost to fabricate, machine or assemble a part, not including cost of any component part) and unit cost.

Product Data Base (PDB) - Organizes and manages the data needed to define what is manufactured and how it is produced. Data is stored for engineering, production, inventory control and costing. Part master records and bills of material are maintained to define what is manufactured. Work centers and operation routings are maintained to define how the product is produced.

Master Schedule (MPS) - Allows the user to build and maintain the Master Schedule in an on-line environment. The Master Schedule can contain entries for any point in time which the user wishes to forecast demand. Because the Material Requirements Planning system uses actual requirement dates rather than predetermined time periods, these entries can be any valid dates in the future. These entries can represent days, weeks, months. The capability also exists to reflect the actual shipments and passage of time in the Master Schedule. The system will reduce the Master Schedule by the shipments and convert any past due demand to the current period. These features, performed automatically by the system, reduce the amount of manual maintenance required by the user.

Material Requirements Planning (MRP) - Determines what material is needed to fulfill the build schedule prepared by the Master Schedule as well as when and how much material is needed. The Master Schedule requirements are exploded through all levels of the bills of material. Nets any on-hand and on-order quantity to arrive at new requirements for each level. Net requirements generate a planned order requirement which becomes a gross requirement for next level components.

Customer Order Management (COM) - Provides flexibility in the handling of orders from customers. Users have complete control - from the initial taking of an order through invoicing. Orders may be modified, shipped partially, invoiced partially and kept in the system for as long as necessary. Includes quotation management and automatic work order generation.

Capacity Requirements Planning (CRP) - Provides information about labor and machine utilization. Analyzes the load across all work centers related to firm planned orders, released orders and future planned orders as recommended by Material Requirements Planning. Loads may be time phased across work centers using lead times from routing operation files or fixed lead times.

Stock Locator (SL) - Provides tracking functions of on-hand inventory by multiple bin locations within multi-stockrooms and multi-plants. Considers all on-hand information within the entire system.

Inventory Control (IC) - Controls the shelf status of manufactured and purchased parts. Provides transactions to report receipts and issues of inventory as well as inventory adjustments. Maintains status of on-hand as well as historical usage information.

Physical Inventory Management (PIM) - Provides management the tools, controls and options to maintain accurate and current inventory records. These options give management the flexibility to choose what needs to be counted and how often the count should be taken. Both the annual physical inventory and cycle counting can be accomplished through the use of Physical Inventory Management.

Shop Floor Control (SFC) - Controls the work in process for manufactured parts. It provides material tracking (what materials were used versus what materials should have been used) and labor tracking (what labor was performed versus what labor should have been performed).

Shop and Inventory Costing (SIC) - Produces periodic reports which value all material and labor movement. Uses data accumulated from Shop Floor Control and Inventory Control. Periodic reports reconcile dollar balances between accounting periods. Shop and Inventory Costing reports summarize dollar value of inventory flow into the stockroom, to work-in-process, back to the stockroom and then to cost of goods sold. These reports contain information required to prepare period end journal entries for accounting.

Purchasing (P0) - Provides control of purchased item requirements from order generation through receipt of material. Includes direct materials for the manufacturing process as well as office supplies, service, etc.

Accounts Receivable (A/R) - Assists in collecting money due faster, and reduces losses due to bad debts. From on-line inquiry to aged receivable reports, determine quickly who owes money and how much. Optional statements and service charge calculations can be used.

Accounts Payable (A/P) - Assists in evaluating what money is owed by due date, vendor, order and amount. The various reports provide management with accurate and timely information.

General Ledger (GL) - Provides an easy method of controlling accounting operations. Transactions can be posted directly, through Accounts Receivable or through Accounts Payable. Selection of twelve months or thirteen periods is available. Complete audit trails of all transactions are provided to ensure system integrity.

Sales Analysis (S/A)- Provides a robust variety of inquiry/parameter-driven screen displays and reports. This group of analysis reporting is growing with each new Release of SMS II and is further augmented by many of our users, via their own relational database access and IBM's Query tool. As SMS II captures and retains virtually all data involved, the user potential in this area is almost unlimited.

Payroll- The Para Research Payroll System is available as an optional integrated add-on module for Manufacturing PM II. Payroll includes first-year maintenance directly from Para Research. The system is designed to accomodate a wide range of businesses-from a small office to a busy plant to a service bureau that processes other companies payrolls.

Fixed Assets- Tracks and depreciates assets including partially depreciated, fully depreciated and new assets. Multiple depreciation methods (including ACRS and modified ACRS) and projections included.

Human Resources- Human Resources greatly expands the tracking and reporting capabilities of the Payroll Financial System. Our unique design allows users to set up and maintain unlimited User Categories each with unlimited User-defined Fields.
USER OPTION MODULE
Product Configurator- Optional module which configures a product without requiring unique items and product structures for every possible combination. Once a base item is identified as configurable, various features and options can be set up. Once customer orders have been entered into the system and the products configured, the software creates the manufacturing order(s). The creation of manufacturing orders ranges from manual, semi-automatic to fully automatic depending on user needs. The manufacturing order references the originating customer order. The manufacturing/ processing is completed for the specific product configuration, and the goods are available for shipment to the customer.