SYSPRO Smarter ERP

DECEMBER 4, 2023

Traditional manufacturing favored long production runs of the same product because retooling machines to produce different products could cost time and resources, and waste capacity. In 21st-century manufacturing, however, long production runs are no longer valid. Flexible manufacturing has several benefits.

Manufacturing Procurement 105

Manufacturing Procurement ERP Material Savings Waste Reduction 105

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 105

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML).

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

SYSPRO Smarter ERP

MARCH 9, 2022

This may include choosing software for managing the enterprise (an ERP system), for supply chain management (SCM) or for customer relationship management (CRM). What do these different systems do to help a company, how are they different, and should they be separate or integrated? What is ERP? What does an ERP offer?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

SYSPRO Smarter ERP

JANUARY 22, 2024

Material Requirements Planning for a modern manufacturing environment Material Requirements Planning (MRP) is software that helps companies estimate the required quantities of raw materials, maintain inventory levels, and ensure manufacturing has all the items needed to make products to satisfy demand.

MRP 52

MRP Manufacturing Procurement Optimal Sourcing ERP 52

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. This results in inefficient decision-making processes due to siloed data which limits the ability to respond to changing conditions quickly and accurately. ERP and BI have different functions and have been separate systems for many years.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

SYSPRO Smarter ERP

MAY 10, 2022

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. To handle all these different aspects of the business, an ERP system can deliver significant benefits in making sure operations and processes run efficiently.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

SYSPRO Smarter ERP

AUGUST 1, 2022

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. A Bill of Materials (BOM) is a comprehensive list of all the items needed to manufacture a product. What is a Bill of Materials?

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

SYSPRO Smarter ERP

NOVEMBER 7, 2022

When you go to a store to buy a soda, you expect to be able to get it in a can or a bottle. That is why it is so important that an ERP system can handle different units of measure. Cost: used to calculate inventory costs. Where are Units of Measure (UOM) used? There are several use cases for UOMs.

ERP 98

ERP Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

SYSPRO Smarter ERP

DECEMBER 11, 2023

These include manufacturers of wind turbines, equipment used for solar power and hydropower, and components used in geothermal plants. An ERP solution can integrate with other systems and would enable companies to connect and manage the complex network of information and equipment.

Sourcing Strategies 52

Sourcing Strategies ERP Manufacturing Procurement Optimal Sourcing 52

SYSPRO Smarter ERP

DECEMBER 14, 2023

Companies in this market produce the machines used by other manufacturers. Because of the dynamic market they operate in, IM&E manufacturers are seeking to balance productivity and efficiency with responsiveness and agility. Quality and safety Customers expect higher quality products from manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Optimization Software 52

SYSPRO Smarter ERP

JANUARY 2, 2023

Smart factories are growing in prominence as continued supply chain disruptions and pressures from the 4 th Industrial Revolution make embracing technology a necessity for manufacturers. For manufacturers to remain competitive, adopting more IoT technologies into their supply chain is key. Challenge 1: Dealing with a fragmented system.

ERP 105

ERP Factories Supply Chain Design Software Optimal Sourcing 105

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. It is needed to provide more accurate awareness and visibility over operations, and by using data and analytics effectively an organization can become more responsive. Challenges to using data.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

SYSPRO Smarter ERP

MARCH 29, 2022

Manufacturers are aware they need to modernize to take advantage of what technology can offer. They saw how technology gave many businesses competitive advantage during the pandemic, and they are aware of how the Fourth Industrial Revolution (4IR) will change industries. The 5th, 10th or is it older? What is 4IR?

Manufacturing Procurement 116

Manufacturing Procurement ERP Digital Modeling Software 116

SYSPRO Smarter ERP

JUNE 14, 2023

has been around since 2011, but it has taken time for manufacturers to understand what it means and what is needed to make it work. can improve the way the factory shop floor works and manufacturers now have all the tools they need to operate a connected shop floor. The concept of the Fourth Industrial Revolution (IR4.0)

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Modeling Software ERP 98

SYSPRO Smarter ERP

SEPTEMBER 20, 2022

For a manufacturer, the Bill of Materials (BOM) is the recipe (the ingredients and their amount, with the preparation instructions) that drives the business. The accuracy of the BOM is critical to ensure a profit is made, to guide procurement when ordering the items, and to prevent having not enough inventory , or the wrong inventory.

ERP 116

ERP Material Savings Manufacturing Procurement How To 116

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. Process industry challenges.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

SYSPRO Smarter ERP

FEBRUARY 23, 2022

These will require a re-think of how to manage products, streamline the business and interact with customers. Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Quality management. Traceability.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 105

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

Manufacturers and distributors will need to rethink their use of lean manufacturing strategies that minimise their inventory held by optimising the inventory mix required to protect customer service in their global supply chains. In other words, local manufacturers should start finding partnerships with local suppliers.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 105

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It has also emphasized how fragile supply chains really are. Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. How rapidly can you adapt if something changes quickly like it has done? How do you ensure delivery if once reliable supply chains break?

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

SYSPRO Smarter ERP

NOVEMBER 7, 2022

When you go to a store to buy a soda, you expect to be able to get it in a can or a bottle. That is why it is so important that an ERP system can handle different units of measure. Cost: used to calculate inventory costs. Where are Units of Measure (UOM) used? There are several use cases for UOMs.

ERP 64

ERP Manufacturing Procurement Purchasing Skills Optimal Sourcing 64

SYSPRO Smarter ERP

NOVEMBER 21, 2022

However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be better deployed elsewhere. Too little inventory also creates problems — for manufacturing, customer service, and maintenance.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

SYSPRO Smarter ERP

MARCH 27, 2023

The term “supply chain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. Significant investment is needed to develop internal capabilities and infrastructure, establish strategic partnerships with key suppliers, and implement risk management processes.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 104

SYSPRO Smarter ERP

JUNE 6, 2022

Disruptions that have occurred during the pandemic have shown how many manufacturers have not managed their supply chains appropriately and have reaped the consequences in terms of insufficient inventory. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 119

Inventory Reduction ERP Inventory Optimal Sourcing 119

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Resiliency. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

SYSPRO Smarter ERP

MARCH 31, 2022

We should all be well versed by now to know that we can expect a ripple effect throughout global trade. This also includes delays in local manufacturing as well as inflationary pressures due to escalating costs because of the increased fuel prices – increases are already at 10% and shipping is about 30%. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in.

Supply Chain Planning Software 111

Supply Chain Planning Software ERP Supply Chain Software Price Reduction 111

SYSPRO Smarter ERP

MARCH 14, 2022

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. It’s therefore important for these companies to understand all the costs associated with developing, producing, marketing, selling, and delivering products so they can be priced appropriately.?

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Material Savings Price Reduction 105

SYSPRO Smarter ERP

JANUARY 19, 2022

There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. Many businesses in the US, and elsewhere, were sourcing their componentry from China. Factors affecting the supply chain. The pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

EazyStock

AUGUST 9, 2022

This is where supply chain digitalization projects can help to automate simple processes, improve efficiency and save money. From controlling inventory to providing quoting processes and managing suppliers to delivering warehouse management capabilities, such as picking, packing, and shipping. Improved efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

EazyStock

JULY 2, 2021

In its simplest form, a bill of materials (BOM) is a list of components, parts or materials required to manufacture, assemble or repair a product. In inventory management a BOM is critical to ensure the correct quantities of each item are procured and available at the right time to prevent delays along the supply chain. The BOM level.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Material Savings Procurement Solutions 52

EazyStock

NOVEMBER 19, 2020

Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time. Here’s quick overview of what stock replenishment is and how great stock replenishment methods can truly add value to any business. Effective stock replenishment.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

GlobalTranz

FEBRUARY 19, 2016

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. This post will explain how, but first, let’s deal with a few simple definitions. The Importance of Improving your Inventory Turnover.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

EazyStock

DECEMBER 17, 2019

The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. With the circular supply chain, the product is eventually recycled back to the beginning of the supply chain to be reused for manufacturing. Intro to 2020 Supply Chain Management Trends. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81