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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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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.

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The introduction of E-Procurement.

ModusLink Corporation

According to (Namulo, 2017), “E-Procurement is the acquisition of goods, services or works from an external source. E-procurement, which is known as ‘electronic procurement’ or ‘supplier exchange’, is changing the way companies are sourcing their goods and services. Namulo, 2017). & (Dec 2015). Tehran, Iran: IEEE. 2020, July 01).

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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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Time to Look into the Future of Procurement!

Supply Chain Game Changer

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? The fundamental objective of any organisation is lowering the cost of goods manufactured. Developing in-depth understanding for knowledge based buying.

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Data and Digitization in Manufacturing

Enterra Insights

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies.

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Cognitive Computing and Advanced Analytics

Enterra Insights

.”[4] As I explained to Plumb, “The technology combines capabilities such as inference reasoning, semantic reasoning, symbolic logic capabilities, ontology-based rules engines, industry specific knowledge bases and common-sense knowledge bases. ”[5] That’s an apt description.