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ERP addresses the challenges of Make to order manufacturers

SYSPRO Smarter ERP

Material Requirements Planning (MRP) can be a crucial tool in MTO. MRP is a kind of inventory optimisation system, meaning that it creates recommendations for inventory requirements to maintain the correct levels of inventory. The MRP can also be used to specify alternate materials and suppliers.

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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when. MRP runs this information through a series of algorithms and then makes suggested recommendations for what to buy, how much, when and from which supplier.

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The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

For example, in a bakery business, using the right tool with the BOM, the overall capacity of the oven and fridges could be monitored, and improvements as to how best to use ability could be suggested to reduce electricity costs, capacity constraints and workforce. First, keeping track of the production process is very beneficial.

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Implementing AI in Supply Chain and Logistics

GoShip Blog

An example is how freight forwarders use AI to predict shipment delays with operational variables, sales, and other factors. An example is a development of driving systems to improve road formation to lower fuel consumption. You’ll likely be gathering data from different systems ––CRM, MRP, ERP, among others.

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The impact of regional instabilities on the Global Supply Chain and how ERP can help

SYSPRO Smarter ERP

ERP, underpinned by a robust MRP, with supply chain portals and data analytics solutions – are key to identifying and making the most of the opportunities which will inevitably come out of the current hardships brought about by the military conflict. For example, aluminum was in short supply during World War II.

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Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

GlobalTranz

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection.

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Using ERP for flexible manufacturing

SYSPRO Smarter ERP

For example, one Australian manufacturer has converted from making just parts for one automotive customer, to being able to produce many different components for a number of different automotive customers. The post Using ERP for flexible manufacturing appeared first on SYSPRO Blog. Shared data is critical.