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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.

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How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

Having accurate data about what is happening on the factory floor is essential as it empowers manufacturers to leverage KPIs to better monitor machine maintenance, ensure the quality of goods being produced and ensure supply chain optimization. Increased safety and less on the job injuries in the warehouse and on the factory floor.

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Using data and AI to improve manufacturing

SYSPRO Smarter ERP

The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making.

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CUSTOMER CENTRICITY IN SUPPLY CHAIN MATTERS

Logistics at MPEPS at UPV

Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment. Warehouse planning depends on a thorough analysis of the purchasing patterns and information from your stock, suppliers, warehouses and market trends. link] Tom, K. link] Unknown.

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Shrinking Trade Between the U.S. and China: Who Benefits?

MTS Logistics

Disease Disease, known in the form of the Covid lockdowns, hit Chinese factories hard. Decoupling The last “D” is the decoupling trend that recently started, where due to both national security reasons and diversification trends, many companies are now switching their sourcing out of China to nearby countries. trading partners.

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Chinese New Year Supply Chain Chaos?

Logistics Business Magazine

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We Amidst this, in the coming weeks, we foresee prolonged factory closures and bearish market conditions.”

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6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.