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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance.

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Maximize Ecommerce Supplier Relationships

Ship Monk

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

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Scope 3 Emissions – all you need to know

Logistics Business Magazine

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.