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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 the new normal, a data-driven approach to inventory management provides the basis for better and faster decisions.

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How manufacturers and distributors can improve inventory management

SYSPRO Smarter ERP

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. A data-driven approach to inventory management provides the basis for better and faster decisions.

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Calling ‘order’ on Inbound Goods

Logistics Business Magazine

The supplier, after all, isn’t presenting a chaotic mix of items just to be awkward – they will have their own constraints, for example on batch sizes and times, or on their own storage capacities. There is a lot of data-driven software involved, but the benefits will be significant.

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IFOY FINALIST FOCUS: robobrain.NEUROS

Logistics Business Magazine

Continuing our product-by-product examination of each of the IFOY Award nominated finalists ahead of the winners announcement at BMW World on 30th June, we look at robobrain.NEUROS, the AI-based robotics operating system from robominds. This ensures investments and allows responses to changed products and production processes.

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Sustainability and due diligence laws force action

Logistics Business Magazine

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. Sustainability and due diligence laws force us to act.

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Mobilisation in the Information Technology Era

Logistics in War

Artificial intelligence, big data, virtual reality, robotics, cloud computing. This is the exciting world of three-D printing where production batch sizes can be small or on-demand without impacting production efficiency. By Peter Layton. The ADF though is not a business competitor.

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Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry

247 Customs Broker

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. You can view inventory from multiple perspectives: actual demand data, future distribution needs and replenishment commitments. Consensus Demand Planning .