Remove Analysis Remove Distribution Remove Examples Remove Factories
article thumbnail

The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

The digital transformation of the operations and processes of factories and supply chains is based upon digitization of carefully selected machines and digitalization of the related business processes. So here goes – read on for a greater understanding of these concepts and the role they play in your journey to a smart factory.

Digital 133
article thumbnail

How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

A simple example of this would entail considering inventory and stock on hand (internal data) along with changes in weather patterns due to climate change (external data), and how both factors affect a factory’s ability to deliver on its orders. Increased safety and less on the job injuries in the warehouse and on the factory floor.

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

A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For example, go to the Walmart, turn right, and it is the third house on the left. What factory should make a new product?

article thumbnail

CUSTOMER CENTRICITY IN SUPPLY CHAIN MATTERS

Logistics at MPEPS at UPV

More specifically, the customer-focused supply chain refers to the improvement of the customer experience in the delivery process, i.e. warehousing, distribution and after-sales service. Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment.

article thumbnail

Is the “Autonomous Supply Chain” a Pipe Dream?

Logistics Viewpoints

Orders can be cancelled, rush orders come in, factory machines go down, port congestion occurs, and so forth. For example, a suggestion from the system might be to transfer 96,154 units of a stock keeping unit to a distribution center in Denver to fill a projected backorder. Allocation is a good example of this.

article thumbnail

Precision Pricing Software

Logistics Business Magazine

Forensic profitability analysis for small and global businesses alike is available at a click with today’s supply chain software, as Paul Hamblin discovers. This is where data software vendor The Information Factory came in. So, for example, we might have too much business on particular lanes.

article thumbnail

Tata Steel Europe’s Connected Planning Journey

Logistics Viewpoints

The company sells directly and through channels; they have an extensive distribution network to provide postproduction processing, service, distribution, and sales support. Finally, after collaboration and further analysis, the annual plan is agreed to. And they are working toward becoming significantly more sustainable.