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The difference between Business Intelligence (BI) and ERP?

SYSPRO Smarter ERP

How does BI differ from ERP? ERP systems essentially integrate all the disparate functions within your business and overcome the so-called ‘silo mentality’ by creating a single, centralized data architecture. The ERP software collects, stores and manages data relating to business activities. What’s Your Business IQ?

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What is ESG reporting and how can an ERP help?

SYSPRO Smarter ERP

ESG reporting and analysis Data is one of the most important requirements of an ESG program. It is only with the analysis of data that situations can be visualized and changes made. This analysis can help the company develop goals and measurable targets for improving ESG performance. 5 ways that ERP plays a role in ESG?

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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

The analysis is mostly on point; however, the blame does not lie with Lean. It is clear from these definitions that having less than the minimum required stock on hand will result in an inability to meet customer demand. ERP can help companies cope with Supply Chain.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? Read our blog on demand forecasting accuracy for more details. ABC analysis, will help with this. Know your star products!

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

This is best done using an ERP system, where different steps of the manufacturing chain – order management, production, fulfilment, etc. – It is best captured in an ERP system and analyzed digitally. The post KPIs to assist manufacturers and distributors with supply chain challenges appeared first on SYSPRO Blog.

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How the pandemic has changed the supply chain

SYSPRO Smarter ERP

Often a tool like a Failure Mode and Effect Analysis (FMEA) is useful as it serves as a checklist and ensures that the business is thinking about these issues and considering mitigation plans. Without a thorough analysis of the supply chain and the consumption models, the business may still find itself running out of critical inventory.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

This post will explain how, but first, let’s deal with a few simple definitions. A basic form of inventory categorization is ABC analysis. With ABC analysis, you group products based on one dimension: value. The Importance of Improving your Inventory Turnover.