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9 Critical ERP Features for Discrete Manufacturers

OptiProERP

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Manufacturers rely on their inventory to build their products, so they need to have the correct amounts on hand at all times. Inventory Management. Supply Chain Management.

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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

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Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

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Industry 4.0 Success Depends on Cognitive Technologies

Enterra Insights

Like other economic sectors affected by the COVID-19 pandemic, the manufacturing sector has had to reevaluate past business strategies to ensure they remain on track to survive and thrive in the post-pandemic environment. “Talk of Artificial Intelligence in manufacturing,” he writes, “has been around for years.

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How Much Do ERP Systems Cost?

QAD

An Enterprise Resource Planning (ERP) system is a software solution used by businesses to plan and manage daily operations, like supply chain, manufacturing, services, financials and other programs or processes. The greatest benefit to ERP systems is having one reliable source of truth for your company. What is an ERP System? .

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Industry 4.0: The Slow Revolution, Part 2

Enterra Insights

is a revolutionary dance many manufacturers have yet to join. Many analysts believe manufacturers need to start dancing if they are going to survive and thrive in the digital age. Most manufacturers seem to understand the need to transform. ”[5] So can manufacturers jump start their Industry 4.0 11) Fear of failure.