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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. Understanding why you need a business case can help you prioritize and justify the costs of an ERP system.

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Data-driven decision making in manufacturing

SYSPRO Smarter ERP

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. This helps to focus on the reasons the data is needed, how it will be used, and what value the data is expected to provide. You don’t want data that could create analysis paralysis. Lead times for receiving raw materials.

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Predict and Prevent Freight Damage with Ilya Preston

The Logistics of Logistics

Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and private equity verticals. Learn More About How to Predict and Prevent Freight Damage. Ilya Preston is the Co-founder and CEO of PAXAFE. About PAXAFE. Ilya Preston.

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8 Inventory Management KPIs for Effective Inventory Analysis

EazyStock

Inventory Management KPIs for Effective Inventory Analysis. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. How to Choose Inventory Management KPIs. Managing inventory is a complex business. Backorder rate.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle.

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Effective Stock Replenishment: Why you need it & how to achieve it

EazyStock

tracking and reporting KPIs for inventory analysis and continuous improvement. Managing each of these factors in an enterprise resource planning (ERP) or warehouse management system (WMS) can be challenging. Constant number crunching means a lack of time for strategy. optimizing inventory levels.

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The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. Digital transformation: a strategy. At the heart of the smart factory is an Enterprise Resource Planning (ERP) system. You’ve probably travelled a fair way down this road already.

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