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Top courses to upskill manufacturers

SYSPRO Smarter ERP

Here’s a list of top courses manufacturers should consider in 2022 to stay ahead: 1. For example, a controller is the person responsible for managing cash flow, overseeing budgets, and preparing financial statements. Learning, for example, how to properly use systems and read data will improve business efficiency.

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What Georgia-Pacific Is Doing With Causal AI Is Remarkable

Logistics Viewpoints

More importantly, we needed to capture the knowledge of our subject matter experts on how to make all of that happen.” It learned how to solve problems from the people who solve those problems every hour of every day. It analyzes new and historical order data, customer preferences, and transactions. What is Causal AI?

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What Are Reorder Points and How to Calculate Them

Ship Monk

This article will explain what reorder points are and show you how to calculate them. How to Calculate a Reorder Point. How to Calculate Demand During Lead Time. Using the tea kettle example above, let’s say the maximum number of blue tea kettles you’ve ever sold in one day is 45. Improving Data. Safety Stock =.

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How to Boost Your Ecommerce Conversion Rate

Ship Monk

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. So, what is the right kind of data and how do you gather it? If you’re on the low end of this scale, there’s room for improvement.

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How Data Can Improve Last-Mile Delivery

Shipchain

But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.