Remove Blog Remove Data Remove Digital Remove Study
article thumbnail

The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. One of the key drivers of digital transformation is giving the organization the ability to respond swiftly to changing market conditions and customer demands.

Digital 133
article thumbnail

Why Digital Transformation Is Fundamental To A Resilient Supply Chain

Blue Grace Logistics

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. There will be no turning back in the post-Covid times—the digital transformation is here to stay.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Data key to tackling forecasting challenges

FreightWaves SONAR

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52
article thumbnail

LLMs, Optimization and Automation: Supply Chain’s Defenses Against Market Swings

Blue Grace Logistics

LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative. The answer lies in data. In the ever-evolving world of logistics, data reigns supreme.

article thumbnail

Top 3 challenges facing manufacturers and how to overcome them

SYSPRO Smarter ERP

In fact, SYSPRO research showed that 67% of businesses who had the ability to initiate digital strategies such as e-commerce, digital supply chains and remote working could continue to trade effectively during the pandemic. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.

article thumbnail

How can ERP benefit the manufacturing & distribution CFO?

SYSPRO Smarter ERP

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. study found the disruptions caused by the pandemic played a huge role in the diversification of manufacturing businesses. Data-driven decision making and risk management.

article thumbnail

African manufacturers must remain focused on skills development

SYSPRO Smarter ERP

African manufacturers should think big about digital development. Digital technologies such as ERP offer a chance to disrupt this trajectory – unlocking new pathways for rapid economic growth, innovation, job creation and access to services that would have been unimaginable only a decade ago. Africa must be concerned with upskilling.