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What manufacturers need to know about IIoT

SYSPRO Smarter ERP

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. Exercise trackers like Fitbit or Garmin are part of an IoT network that collects and analyzes data from objects – people. source: KPMG, Data as an Asset).

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. Improve Inventory Management Will your logistics outsourcing strategy include contract warehousing?

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

One way to get a handle on this is to measure their track record of product availability. A well-chosen suite of procurement KPIs will provide your organisation or enterprise with the visibility necessary to save money, improve service from vendors, and exercise greater control over the quality of your inbound supplies.

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Key Factors to Consider When Planning and Designing Warehouses

Logistics Bureau

Since I first published this article back in 2009, warehouse design principles haven’t altered that much, but as we received many comments, including requests for more information, I figured it might be a good idea to expand on the original piece. Your distribution strategy too, will have a bearing on network optimisation.

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Enhancing Forklift Safety with Blue Lights: A Comprehensive Guide

Conger

In this article, we will explore: The importance of forklift safety. However, if not handled correctly, they can present some potential risks in the workplace. Forklift Safety Basics When operated by trained individuals, forklifts can contribute to the efficient handling of various items like boxes, crates, pallets, and more.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

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How Do Companies Name That Price? A.I. Can Help

Supply Chain Brain

to the complex exercise of pricing. It’s all about pattern matching, one of the abilities that is central to the workings of the human brain, but on a much greater scale than a person can handle. to pricing as continuously evolving, as businesses strive to meet customer demands and keep pace with the pricing strategies of competitors.