Remove Analysis Remove Blog Remove Data Remove Document
article thumbnail

Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

article thumbnail

The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.

Digital 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

We are starting to see document recognition services in AI which automate tasks such as invoicing, purchase orders and bank reconciliations. The other emerging area around AI in ERP focuses on trend analysis and forecasting. These range from data migration to integration, security and training.

ERP 59
article thumbnail

Procurement and Suppliers on the Same Page: How to Craft an Effective Terms & Conditions Sales Document

GlobalTranz

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Data and Privacy. Companies will often hold sensitive data belonging to their customers such as contact details, credit card numbers, bank accounts, and purchase history.

article thumbnail

Use Digitization to Transform Chemical Supply Chain Planning Copy

CLX Logistics

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

article thumbnail

How to Protect Supply Chain from Cyber Attacks

3PL Links

Image source: Flickr | How to Protect Supply Chain from Cyber Attacks The management of data intelligence in the supply chain presents an enormous challenge to those involved. The amount, velocity, and sharing of data all influence how it is received and evaluated, and these changes intensify with the consolidation of digital transformation.

article thumbnail

The Role of Robotic Process Automation (RPA) in Supply Chain Management

3PL Links

In terms of how RPA helps improve the agility and quality of supply chain processes, the tool makes it possible to manage invoicing more effectively by automating actions like sending purchase orders and downloading and uploading documents and receipts.