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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

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Warehouse Labor is Front Page News: But what’s below the fold?

Logistics Viewpoints

Source: Osha Certified Warehouse Worker. As an analyst with a focus on warehouse processes and technologies – my interest lies in understanding the negotiating points – or points of contention between the warehouse workers and the employers. There is a forest of legal documents addressing procedural hurdles. Maybe, maybe not.

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Equipment Refurbishment vs. Reconditioning [Differences, Benefits, Costs]

Conger

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

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Equipment Refurbishment vs. Reconditioning [Differences, Benefits, Costs]

Conger

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

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Equipment Refurbishment vs. Reconditioning [Differences, Benefits, Costs]

Conger

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

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

SYSPRO Smarter ERP

A BOM may be a relatively simple document or a complex, multi-levelled product description made from multiple sub-assemblies. An ERP system uses the BOM to calculate the final costs of the product, calculating up from the lower levels. A Bill of Materials (BOM) is a comprehensive list of all the items needed to manufacture a product.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”