SYSPRO Smarter ERP

SEPTEMBER 4, 2023

As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. Embedded analytics in different roles in manufacturing Finance EA can be used to optimize budgeting, financial planning, and forecasting.

Manufacturing Procurement 94

Manufacturing Procurement Analytics Software Supply Chain Planning Software Optimization Software 94

My Office Apps

NOVEMBER 2, 2023

Why MRP is a Game-Changer for Manufacturing Success In the fierce competition of the manufacturing industry, the ability to keep pace with constantly changing market conditions is crucial. This is where Material Requirements Planning (MRP) comes in, a vital tool that plays a fundamental role in any manufacturing process.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Manufacturing Forecasting Software 81

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Forecasting Supply Chain Planning 130

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 80

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. Breaking Down the Definitions.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 156

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 156

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Manufacturing Supply Chain Planning Software 80

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Procurement Solutions Manufacturing Procurement 98

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 72

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 72

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Manufacturing Procurement Supply Chain Software 130

Enterra Insights

FEBRUARY 22, 2022

The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has been driving manufacturing for over a decade is digitization. Manufacturing Trends. And the manufacturing sector overall looks strong.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Manufacturing Supply Chain Planning Software 130

Precoro

OCTOBER 6, 2022

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?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Supply Chain Software 194

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Optimization 194

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 83

Manufacturing Procurement Procurement Analytics Optimal Sourcing Analytics Software 83

ToolsGroup

OCTOBER 5, 2022

Montreal-based executive brings extensive experience in AI-driven SaaS technology. BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. .

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Forecasting Software Supply Chain Software 156

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Procurement Solutions Optimal Sourcing Manufacturing Procurement 98

ivalua

NOVEMBER 8, 2022

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.

Manufacturing Procurement 223

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 223

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Manufacturing Procurement 97

Manufacturing Procurement Inventory Management Software Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. ” The next call was with a technology provider. Bear with me.

Supply and Demand 338

Supply and Demand Modeling Supply Chain Planning Software Supply Chain Planning 338

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 83

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 83

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

Inventory Reduction 156

Inventory Reduction Manufacturing Procurement Cost Reduction Strategies Supply Chain Planning Software 156

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. Automated forecasting processes. I recently changed continents and realized that my favorite hair styler wouldn’t work in the U.S.,

Supply Chain Planning Software 276

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Supply Chain Software 276

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 200

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Optimal Sourcing 204

Optimal Sourcing Modeling Network Optimization Software Consumer Goods 204

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. We’re a distributor for a Korean partner.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 52

Logistics Viewpoints

MARCH 27, 2023

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

Forecasting 189

Forecasting Forecasting Software Modeling Supply Chain Planning Software 189

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. Such sourcing events can be in the context of direct materials or logistics capacity.

Supply Chain Planning Software 188

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chain Optimization 188

QAD

JULY 13, 2023

If food manufacturers want to stay ahead of the competition today and into the future, they have to leverage advanced tools and systems that can optimize processes and deliver real-time insights. Most food manufacturers operate on low margins, improving efficiencies in all areas of the business and reducing costs.

Manufacturing Procurement 69

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 69

ToolsGroup

JUNE 29, 2020

Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss. Machine learning (ML) provides an effective weapon for your new product forecasting arsenal. Why is new product forecasting important?

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling 428

SYSPRO Smarter ERP

MAY 23, 2022

Manufacturers are heavily reliant on an effective workflow process to meet the requirements for ever changing customer needs, sustaining productivity levels and to thrive through continuous supply chain disruptions. The system also helps maintain optimal levels of stock by integrating the inventory needs of customers and suppliers.

Manufacturing Procurement 91

Manufacturing Procurement Optimal Sourcing Inventory Management Software Supply Chain Software 91

Logility

AUGUST 12, 2021

After the COVID-19 pandemic exposed serious vulnerabilities, companies needed to take stock of their existing food systems. This gap in the farm-to-fork system may seem grim. For example, shoppers had limited access to fresh produce, meats, and fish due to shortages and disruptions in logistics and delivery services.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 130

ToolsGroup

FEBRUARY 2, 2022

This is not just my personal observation but the consensus of leading financial experts around the world who are regularly briefed by manufacturers, logistics providers and retailers. You can read more about it in the FT , CNBC , and many other sources or listen to Goldman Sachs’ podcast. Image source: New York Times.

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 177

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. So overall, the competitiveness among the industrial manufacturers around the world has grown several bounds.

Manufacturing Procurement 135

Manufacturing Procurement Pharmaceutical Agile and Lean Supply Chain Supply Chain Software 135

GlobalTranz

AUGUST 30, 2018

ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency.

Manufacturing Procurement 122

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Demand Planning Software 122

SYSPRO Smarter ERP

JULY 17, 2023

This time last year artificial intelligence (AI) was an obscure, mainly academic, technology to most of us. In the last few months, however, there has been an avalanche of stories and articles about amazingly powerful AI tools that use everyday language. The impact of AI on manufacturing is that the skills used will be more advanced.

Manufacturing Procurement 71

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 71

SYSPRO Smarter ERP

MAY 10, 2022

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. In addition, demand forecasting has to be accurate and costs have to be managed. How ERP helps Assemble To Order (ATO) manufacturers. The configurator can also generate jobs for the shop floor.

Manufacturing Procurement 91

Manufacturing Procurement Procurement Solutions Inventory Management Software Optimal Sourcing 91

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 52