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Leveraging the power of ERP to optimize inventory management

SYSPRO Smarter ERP

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. In industries like food and beverage, procurement must factor in shelf life and regulatory compliance, which adds more complexity.

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How manufacturers and distributors can improve inventory management

SYSPRO Smarter ERP

As we have seen over the past 20 years, disruptions to supply chains have global impacts on all industries. On the supply side, constraints such as large manufacturing batch sizes and supplier delivery lead time force organisations to hold some raw materials or components in stock so that products can be delivered to customers.