article thumbnail

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.

article thumbnail

Time for a Supply Chain Metrics Cleaning

Logility

At the top of the Gartner Hierarchy of Metrics is “Demand Volatility” reflecting that forecast accuracy (Read Eight Methods that Improve Forecasting Accuracy white paper) has the largest direct effect on the allocation of available capacity and resources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

11 Tips to Take Your Supply Chain Career to the Next Level

SCMDOJO

Successfully managing projects showcases your capacity to bring about positive change within the organization. Connecting with like-minded professionals in these communities not only expands your knowledge base but also fosters valuable connections.

article thumbnail

Richard Markoff: “Don’t be too rigid in what we define”

Supply Chain Movement

This means we have to have the right factories in the right places with the right capacities and with the right distribution network. We have 42 factories and we manufacture 86% of what we sell. We know these consumers will come from emerging markets in Asia, Eastern Europe and Russia, Africa and Latin America.

article thumbnail

Making AI Work

Enterra Insights

He explains, “Companies of all kinds — including manufacturers and industrial companies — are collecting huge amounts of data, and there’s no doubt that AI, if properly done, could help make production significantly cheaper, more efficient and safer. 4] They are: 1. Not enough data. For AI to work, it first has to learn.

article thumbnail

Digital Transformation Facilitates On-Time Delivery

Aera Technology

The problem is only worsening as pharmaceutical manufacturers struggle with growing complexity across a highly volatile global supply chain. Today’s best AI platforms can crawl data across systems thousands of times a day, normalize that information into a single cloud dataset, and enrich it with domain knowledge. The stakes are high.

article thumbnail

9 Predictions from o9 for 2022

o9 Solutions

Low level, non-value-add work such as reconciling forecast numbers between siloed functions, which has been a core task for decades, does not provide opportunities for meaningful, interesting work, and graduates are shunning these legacy roles in favor of more knowledge-based opportunities. Koen Jacobs.