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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?

ERP 105
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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?

ERP 111
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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. For the business, it is a high-risk strategy for short-term gain with no upside if it fails. .

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How the pandemic has changed the supply chain

SYSPRO Smarter ERP

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

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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. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies. Warehousing KPIs.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Firstly, let’s get a few definitions: What is inventory control? ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Fine-tune your stock replenishment strategies. Know your star products! Supplier lead times.

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What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. Fleet management is the process of organizing, coordinating, and overseeing company vehicles.