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Everyone in the ERP and accounting software industry knows that Sage MAS 90 and Sage MAS 200 were designed as accounting software. MAS 90 means Master Accounting Series for the 90's because it was intended to provide accounting solutions in the 90's. Today, it has evolved from an accounting software to a powerful ERP software for the small and midsized market which boasts its flexibility and functionalities. Accounting software aside, knowing the manufacturing capabilities of Sage MAS 90 and Sage MAS 200 will provide a better understanding why many manufacturing companies felt the need and implemented the solution.

In order to know why manufacturing business need these programs, you need to know what solutions they provide, what they can do and how their capabilities can affect the business process in general. As an ERP software, both have a comprehensive manufacturing module which includes of the 3 most important aspects in the manufacturing process, the Material Requirements Planning (MRP), Work Order Processing and Bill of Materials. Other powerful modules in the manufacturing module are Inventory Management, Purchase Order and Sales Order. These functionalities are tested and proven in helping manufacturing companies streamline their processes.

Knowing the functions of the modules and how they affect your business is also another crucial aspect in understanding the ERP system in totally. The 3 key modules and components of a manufacturing software:

1. Material Requirements Planning or MRP - Ask the manufacturing management professionals and most of them will say that material requirements planning is the most time-consuming tasks among all aspects in manufacturing. With MRP, managers can plan carefully, schedule purchases efficiently and prevent scheduling and purchasing problems. As busy as the manufacturing process is, manufacturing managers cannot afford to halt operations because of the lack of materials on stock due to poor planning. MRP answers questions related to the manufacturing process such as what materials are required, how many and when they are required. With MRP, you can streamline your manufacturing process by avoiding such problems and you can continue working on schedule. This will allow you to gain leverage of your lead time.

2. Work Order or WO - is the key element in the manufacturing module of Sage MAS 90 and Sage MAS 200. WO provides manufacturing managers with the ability to check updates of the manufacturing process in real time, give out work orders, create work schedules, and monitor costing related to the manufacturing project and many more. Work Order integrates seamlessly with Bill of Materials and other modules to come up with a complete ERP solution. So this means making Work Order is automatic instead of doing it manually, this makes it easier for you.

3. Bill of Materials or BOM - In manufacturing an end product, it takes a detailed list including the quantities of materials to be used such as raw materials, intermediate assemblies, sub-assemblies, sub-components, components, and other parts. Using the BOM of Sage MAS 90 and Sage MAS 200 provides manufacturing managers precise and detailed reports about billing, material requirements and production history. The bottom line is, with BOM, you know exactly what you need to manufacture your end product, making you efficient in your resources acquisitions.

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Prostate Cancer - What is it and Why Should I Care?
The prostate is a walnut sized sex gland located just beneath the bladder in males. It surrounds as portion of the urethra and is just above the pelvic wall muscles. The primary function of the prostate is to provide some of the fluid which accompanies ejaculation. Prostate cancer generally occurs in men over 50, but early screening from 40 on is recommended in particular because during the early stages of the disease there are usually no symptoms. African American men are disproportionately affected by prostate cancer for many socioeconomic reasons and are 2.5 times more likely to die from prostate cancer than white men.

If there are symptoms present related to the disease they can include: frequent urination at night; difficulty starting or stopping urine; blood in the urine or painful urination; and/or sexual dysfunction. The primary treatments for the disease are surgery or radiation therapy and, if caught in time, usually the cancer can be removed and/or is not fatal.

What You May Not Know:

* Over the past 20 years the survival rate for prostate cancer has gone up from 67% to 97%
* The rate of prostate cancer is higher for African American men than any other ethnic group
* Prostate Cancer is the most common form of cancer, other than skin cancer, among men in the United States, and it is second only to lung cancer as a cause of cancer-related death among men.
* Screening for the disease involves a simple blood test and physical examination and can be done in about 10 minutes

What You Need to Know:

1. One in four Black Men is at Lifetime risk of prostate cancer.
It is the single most diagnosed non-skin cancer among Black Men. 30,770 will be diagnosed this year alone.

2. Cancer of the prostate is the second-leading cause of death in Black men.
An estimated 5,505 will die from prostate cancer this year.

3. Black men have the highest rate of prostate cancer in the world: 1 in 4 men.
Black men also are 2.5 times most likely to die from the disease than Caucasian men. Rates in the U.S. are 60% higher among African American men, and the mortality rate is 2.5 times that of white men. Studies are being done on potential differences in physiology, diet, and access to health care. Rates of prostate cancer in the U.S. are 60% higher among African American men, and the mortality rate is 2.45 times that of white men. Studies are currently being done on potential differences in physiology, diet, and access to health care.

4. The changes of getting prostate cancer are 1 in 3 if you have just one close relative with the disease (father, brother).
The risk is 83% with two close relatives. With three, it is almost (97%).

5. There are no noticeable symptoms of the disease while it is still in the early stages.
This is why screening is so critical.

6. Obesity and high cholesterol levels are strongly associated with advanced stages of the disease.
Men with a body mass index over 32.5 have about 1/3 greater risk of dying from the disease.

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EURUSD

Trading strategy: standing aside

The euro is trading lower against the U.S. dollar since yesterday morning – even though it managed to recover after yesterday’s dive to as low as 1.2255 where it found support formed by previous resistance tested Monday. Said support is again under pressure today as the euro failed to hold gains above the 1.23 handle. Short-term bias remains slightly positive and more action into the North territory is likely – as long as 1.2150 will provide a stable bottom in case of pullbacks. Horizontal resistance stands at 1.2365 – formed by the 61.8% retracement of 1.2670-1.1875. Potential breach higher would open 1.2670 as next upside objective. Today’s Economic Calendar is quite busy and there are some notable data releases which could influence the pair’s course, such as: the SNB’s Interest Rate Decision at 8:30 GMT, the ECB Monthly Report at 9:30 GMT, US CPI and the Initial Jobless Claims at 13:30 GMT. Current quote is 1.2262 @05:00 GMT

Support: 1.2250/70, 1.2150, 1.2070/00 and 1.2000
Resistance: 1.2350/65, 1.2400 and 1.2500
Market sentiment: long term – bearish, medium term – bearish, short term – slightly bullish, intra-day – bearish
GBPUSD

Trading strategy: small long at 1.4540, stop at 1.4460(0.5% risk), objective at 1.4700

Cable has orbited around 1.4800 yesterday but couldn’t hold gains into the positive territory, therefore it is back around Tuesday’s lows at 1.4680. Since we are approaching the week-end, it will be interesting if cable manages to recover and close above 1.4800 – as that would confirm that 1.5300-1.5350 could be the next stop. But for now, intra-day studies are showing weakness and it will amplify if 1.4680 won’t hold. Current quote is 1.4690 @05:00 GMT

Support: 1.4650/80, 1.4600, 1.4540 and 1.4500
Resistance: 1.4800, 1.4850 and 1.5000
Market sentiment: long term – bearish, medium term – bearish, short term – bullish, intra-day – bearish

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