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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN.

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Executive guide to ERP Part 6: The operation stage

SYSPRO Smarter ERP

” That is how people can feel after an ERP system has been implemented. After a long project, your organization has finally gone live with an ERP system that allows the company to automate and integrate the majority of its business processes , share common data across all functions, and produce and access information in real-time.

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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. ERP can help companies cope with Supply Chain.

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8 Best Inventory Demand Forecasting Techniques

EazyStock

But first – let’s get a definition: What is inventory demand forecasting? Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. If you analyzed the historical sales data of every product in your warehouse, you’d find that the demand for different items varies considerably.

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Walbusch first to use OSCA DC software

Logistics Business Magazine

“We definitely wanted to avoid customer-specific adaptations and were able to bring transparency to the supply chain within a few months with the new software generation. “We are convinced that the Walbusch example will set a precedent – also in other industries. monitoring, controlling, and tracking of orders.

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

This is best done using an ERP system, where different steps of the manufacturing chain – order management, production, fulfilment, etc. – It is best captured in an ERP system and analyzed digitally. Manufacturers need to set a base level using internal data and then measure the percentage change up or down against time.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Firstly, let’s get a few definitions: What is inventory control? This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Many ERP and WMS systems will use one of these approaches.