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What manufacturers need to know about IIoT

SYSPRO Smarter ERP

That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Using data has the potential to open up new business models, technologies, and an ecosystem where anything-as-a-service is possible. IIoT refers to the usage in areas such as manufacturing plants and supply chains.

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The Bill of Materials (BOM) Beginners Guide!

Supply Chain Game Changer

What is Product (or Master) Data Management? Manufacturing contributed 10.8% Manufacturing businesses are at the heart of eCommerce and retail businesses. If you’re an eCommerce seller or manufacturer, you need to know BOMs (bill of materials). Why are they useful for both eCommerce sellers and manufacturers alike?

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2024 Predictions for Industry and Global Supply Chains- Prediction Five

Supply Chain Matters

2024 Prediction Five: The Attention, Scope, and Landscape of Business and Supply Chain Data Management Will Transform in 2024 to Pave the Way for the Benefits of More Cognitive and Generative AI Based Decision-Making Capabilities. In this posting, we share excerpts of our fifth prediction.

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Cognitive Technologies in the Retail Space

Enterra Insights

If you are wondering of what use these capabilities are, Muktabh Mayank Srivastava, Co-Founder and Chief Data Scientist at ParallelDots, provides a few examples for all the stakeholders in the retail supply chain from manufacturers on the supply side to consumers on the customer side.[3]

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Putting the “S” Back in the S&OP Planning Process

Supply Chain Opz

Working with different companies as part of our S&OP research, we found that there is often considerable separation between the demand-generating sales & marketing functions and the demand-satisfying supply chain management and manufacturing functions, which are the main functional areas involved in the planning process.

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Sales and Operations Planning: The Interpersonal Element

Logistics Bureau

While this task will draw heavily on the demand plan, the Supply Chain Head will also need to canvas input from the company’s finance, logistics, operations, and manufacturing functions. These “human” flaws make people less than ideal for data management and manipulation , the other essential ingredient in sales and operations planning.

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How ERP can make renewable energy companies more efficient

SYSPRO Smarter ERP

These include manufacturers of wind turbines, equipment used for solar power and hydropower, and components used in geothermal plants. An ERP solution can integrate with other systems and would enable companies to connect and manage the complex network of information and equipment.