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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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ERP for process manufacturing

SYSPRO Smarter ERP

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers ā€“ companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

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ERP addresses the challenges of Make to order manufacturers

SYSPRO Smarter ERP

Make-to-Order (MTO) manufacturing is the production of specialized or unique one-off products in quantities ranging from one to small production runs. Usually, the final product is a combination of custom manufactured components and standard components. MTO operations bring their own set of unique challenges.

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People in Manufacturing: Accounts Payable

QAD

Manufacturing companies often have hundreds or even thousands of suppliers. In addition to the usual service and business supplies that every company deals with, manufacturers must acquire the components necessary to build their products. Before modern ERP solutions came about, purchase orders were printed on multiple part forms.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. The HCOB Germany PMI , which registered 39.6

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Companies driving digital transformation did not outperform their peer groups during the past three years.