SYSPRO Smarter ERP

NOVEMBER 14, 2022

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. Tackling the various hurdles faced by manufacturers and distributors requires a strategic approach. Implementing innovative cost-saving for a manufacturer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. The ERP system as a primary data source is valuable for analysts so they can find out what a data item means and where to get it. The post Data-driven decision making in manufacturing appeared first on SYSPRO Blog.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

SYSPRO Smarter ERP

OCTOBER 4, 2021

The pandemic pushed manufacturers and distributors to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. For example, Google Maps app is a public cloud application.

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Vendor Strategies Resource Reduction Material Savings Supply Chain Design Software 135

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.

Optimal Sourcing 113

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 113

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Labour lacking skills in high-tech manufacturing.

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Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 62

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

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

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? Here’s an example. The power of business intelligence for manufacturers. Mid-market manufacturers need a tool that’s tailored to their needs.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. When switching suppliers, use a sourcing solution so that you avoid inventory deficits and get back up and running with the new supplier quickly. Handling multiple purchase orders. Unless specified by the customer, use standard manufacturing.

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Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Many business systems also include functionality to support certain inventory management and purchasing processes.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

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Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 131

Trinity Logistics

JULY 29, 2021

However, industries facing high flatbed demand, like construction and manufacturing, are seeing more difficulty than others. Flatbed capacity seems even more challenging because of the continued demand in construction and manufacturing. Many companies rely on materials that come from delayed or now-unavailable, global manufacturers.

Manufacturing Procurement 118

Manufacturing Procurement Construction Supply Chain Planning Software Material Savings 118

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. Risk management. Collaboration with Finance.

Optimal Sourcing 116

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

GlobalTranz

JANUARY 16, 2018

Manufacturing is on the cusp of an explosion in growth and innovation in 2018. These facts set the stage for exponential manufacturing growth in 2018. These facts set the stage for exponential manufacturing growth in 2018. Check Out the Top 2018 Manufacturing Trends. Green Manufacturing Will Go Viral.

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Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

GlobalTranz

DECEMBER 5, 2016

Chinese manufacturing always seems to dominate conversations about modern manufacturing. In truth, more than 100 million workers are employed by Chinese manufacturing, reports Carl Pettit of The Stack. Outsourcing of jobs, lower manufacturing costs and continued upheaval in the U.S. Robotics Boost Manufacturing.

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SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. It’s a sizable market, with research conducted by HG Insights stating that 1.4

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

GlobalTranz

JANUARY 18, 2017

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.

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Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

GlobalTranz

SEPTEMBER 26, 2016

American manufacturing has a long history, ranging from the creation of 95 percent of all clothing sold in the US in New York City, reports Highsnobiety , to startups designing mobile device covers and protectors, explains The New York Times. However, “American Made” remains a cornerstone of modern manufacturing in the U.S.,

Manufacturing Procurement 102

Manufacturing Procurement Procurement Solutions Procurement Analytics Production 102

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. When automation is used in industries or manufacturing, it is called industrial automation. So, the following are 6 types of automated manufacturing systems: 1.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

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Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

APRIL 20, 2018

In the decades that have followed, the emphasis on adopting eco-friendly practices, implementing sustainability measures, and protecting the environment has continued to grow, gaining traction across diverse industries , sectors, and settings — including the manufacturing world. Sustainable manufacturing can also be very cost-effective.

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Supply Chain Brain

SEPTEMBER 29, 2020

The ongoing tariff negotiations have made life and business operations extremely difficult for countless manufacturers and distributors across the U.S. These steps aren’t one-time actionable steps but rather long-term focuses that should be implemented alongside other operational and business strategies.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategy White Paper 86

Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. These come from using gasoline for driving a car or coal for heating a building, for example. Clearing land and cutting down forests can also release carbon dioxide.

Supply Chains 123

Supply Chains Resource Reduction Manufacturing Procurement Sourcing Strategies 123

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. than simple cost comparisons.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Buyer Training Supply Chain Planning Software 101

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. The new normal for manufacturers. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. A major challenge for IM&E manufacturers is managing inventory.

Supply Chain Planning Software 115

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

GlobalTranz

OCTOBER 12, 2016

The manufacturing skills gap, which we first defined here , is a real threat to the future of the U.S. As a result, the manufacturing industry will face a shortage of nearly 3.5 However, manufacturers can work to reduce the overall manufacturing skills gap by following these four steps. Eliminate Gender-Based Inequality.

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Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. VR tends to replace the entire image.

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Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But just because you can outsource it all doesn’t mean you should.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. Product demand has a lot to do with creating environmental issues in the manufacturing industry. IKEA certainly has no problem understanding it.

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GlobalTranz

JULY 2, 2015

Lean and green are not only trendy topics, but they also make good business sense, especially for manufacturers. However, since both concepts have been saddled with a lot of hype, manufacturers have tended to shy away from pursuing these goals. Get Lean the Easy Way. Education and Alignment.

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GlobalTranz

JANUARY 18, 2018

Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. Let us take a closer look at some the advanced manufacturing technologies set to define the state of manufacturing throughout 2018.

Supply Chain Design Software 82

Supply Chain Design Software Manufacturing Procurement Modeling Software Logistics Network Optimization Software 82

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. For manufacturers, running out of raw materials can lead to delays in production, while wholesalers and retailers can experience a short-term drop in sales and longer-term issues with customer attrition. 5 Inventory Replenishment Strategies to Increase Profits.

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Inventory Reduction Material Savings Price Reduction Cost Reduction 75

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101