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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
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The Importance of Clear Data When Planning for Your Business’s Success

WorkWave

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91
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Five Keys to Cold Chain Success with Tyler Hildebrand

The Logistics of Logistics

Attended college at Ringling College of Art & Design in Sarasota FL, where I studied illustration. WMS, TMS, documentation. Root cause analysis. Identify potential hazards / risks – Document every potential risk to food safety. Documentation. Born and raised in Cincinnati, OH. Risk management.

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Foreign Trade Zone Update: Two Developments You Must Watch Today

Now, That's Logistics

s Director of FTZ Services, says that while the delay doesn’t affect day-to-day operations in the nation’s 186 existing FTZs, once the new system goes live it will allow participating government agencies to gather more data at the time admission (versus the time of shipment out of the FTZ itself). Kim Taylor, Schenker, Inc.’s

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. A company without a supply chain strategy is at a competitive disadvantage. Delivery time windows.

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The importance of building a business case for ERP

SYSPRO Smarter ERP

Implementing an Enterprise Resource Planning (ERP) system is a great place to start digitization of your manufacturing or distribution business to centralize all your data and streamline your operations for greater efficiency. However, various studies indicate that 70-90% of digital transformation initiatives fail.

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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

In October 2022, the average price for a gram of flower dropped to $7.76, an all-time low, according to the most recent data from the state’s Cannabis Control Commission. And most have not returned, according to a new study by the American Transportation Research Institute.