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The smart factory Part 2: How manufacturers and distributors can evolve towards the smart factory

SYSPRO Smarter ERP

To compete in this constantly changing market, manufacturers and distributors need more digital-driven services such as real-time production, tracking, and analysis. This means making factories smarter for the future. What is the smart factory? How to create a smart factory. Where do you need to start?

Factories 105
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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
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Playbook – How to handle rising transportation costs?

Log-hub

To jump straight to the point, some basic strategies for handling rising transportation costs, which we’ll cover in this Playbook, are related to optimal network design and route optimization. So let’s dive in, and figure out how to do it with Log-hub’s solutions. Vehicle initiation costs have increased by 50% in year 2023.

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Playbook – Why is Scenario Comparison in Network Design the key to success?

Log-hub

When it comes to network design optimization, you might want to run AS-IS Analysis, design a completely new network from scratch, optimize an existing network, or compare future strategies. It is indeed a simple analysis if you have the right tool. How to use Network Design Scenario Comparison?

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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 consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. How to Improve Forecast Accuracy for Optimal Inventory. The products are dispatched straight from the factory and typically arrive within 48 hours of raising a purchase order. How to Calculate Economic Order Quantity.

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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.