SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. However, to realize these benefits, businesses must be strategic in their implementation and use of BI solutions.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

SYSPRO Smarter ERP

SEPTEMBER 4, 2023

Benefits of embedded analytics As manufacturers continue to generate large volumes of data from the Internet of Things and other data sources, it only has value if it can be accessed and used within the applications where actions can be taken.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimization Software ERP 111

Logistics Viewpoints

SEPTEMBER 19, 2023

Another part of the solution that has been missing until recently is the tight integration with upstream processes, such as strategic sourcing and supplier risk management, which have been siloed and operating in their own domains. AI Assistants can also help make managing the process of supply chain design easier.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 167

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. 3) Risk Management.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

SYSPRO Smarter ERP

MARCH 27, 2023

It involves ensuring that critical aspects of the supply chain, such as sourcing of raw materials, manufacturing processes, and distribution channels, are managed in-house or using trusted partners. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 104

SYSPRO Smarter ERP

JANUARY 23, 2023

ESG reporting and analysis Data is one of the most important requirements of an ESG program. It is only with the analysis of data that situations can be visualized and changes made. This analysis can help the company develop goals and measurable targets for improving ESG performance. appeared first on SYSPRO Blog.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

AIMMS

AUGUST 3, 2020

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020).

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

SYSPRO Smarter ERP

NOVEMBER 8, 2021

One source reports disruptions increased over 60% between 2019 and 2020. Source: McKinsey. This may even suggest much larger safety stocks and in some cases, a whole new sourcing agreement. Review sourcing and suppliers. This means identifying and securing alternate sources for all risky materials.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

SYSPRO Smarter ERP

JUNE 9, 2022

The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view. ERP and business intelligence. We’d be happy to help get you started on your BI journey.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. In such cases, it’s hard to align the team around a common source of truth. Take our quiz for chemical companies and find ways to improve appeared first on AIMMS SC Blog.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

FreightWaves SONAR

SEPTEMBER 3, 2021

This enhancement will make it easier for companies to use the SONAR SCI carbon intelligence data across multiple mediums and know that parties across the globe will understand and trust the source information without requiring deeper explanation. Now that calculation is a step closer to being universally accepted.

Optimal Sourcing 94

Optimal Sourcing Data Logistics Network Optimization Software Supply Chains 94

SYSPRO Smarter ERP

JULY 5, 2023

Understanding the supply chain from “farm to table” is essential to not just meet regulatory compliance but also to allow consumers to have confidence in the ethical sourcing of natural resources in the food industry. This is where the integration of embedded analytics within ERP systems can make a world of difference.

Manufacturing Procurement 97

Manufacturing Procurement ERP Maintainability Compliance 97

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Manufacturers need a single source of accurate information. MOM provides a single source of data, which, in turn, enables full visibility of production. This real-time data can inform faster, more accurate decisions about capacity analysis, work-in-process (WIP), inventory, and advanced planning.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

Logistics Viewpoints

APRIL 14, 2023

In a blog post, Yum noted it is transitioning away from plastics and developing new packaging solutions as part of that policy. The chain has also purchased most of its paper-based packaging with fiber from responsibly managed forests and recycled sources.

Logistics Network Optimization Software 149

Logistics Network Optimization Software Cost Reduction Manufacturing Procurement Inventory Reduction 149

SYSPRO Smarter ERP

AUGUST 7, 2023

In one of my previous blogs, “The Importance of Building a Business Case for ERP,” we looked at the significance of strategic planning and creating a solid business case before embarking on an Enterprise Resource Planning (ERP) implementation journey. Non-compliance carries the risk of fines, penalties and legal action.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. Build organizational resiliency to support your supply chain strategy.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

MARCH 2, 2022

To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. In an environment of volatility and uncertainty, risk analysis is becoming part of the procurement process. Procurement and A/P are jointly responsible for the processes of Source-to-Contract and Procure-to-Pay. Resiliency.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Parade

MARCH 18, 2019

A robust carrier intelligence system uses a mixture of data sources that crosses multiple data sets, multiple systems of record like a Transportation Management System (TMS), a Carrier Management System (CRM) and other valuable information pools like government safety records.

Optimal Sourcing 84

Optimal Sourcing Data Capacity Price Reduction 84

Blog on Log

NOVEMBER 15, 2007

So, the case can be made for "near sourcing" and China's cost structure may become much more expensive than anticipated (plus you have to add risk factors in having such far-flung supply chains). Spanish retailer Zara is a famous proponent of "near-sourcing." cents, or about 0.2 percent of the product value. market at just 1.5

Manufacturing Procurement 40

Manufacturing Procurement Sourcing Strategies Cost Reduction Sourcing 40

SYSPRO Smarter ERP

APRIL 11, 2022

The modern CFO nee ds to understand digital technologies and their impact, and those who do so will become the key source for data-driven decision making and drive their organizations to be more agile, dynamic, and successful. appeared first on SYSPRO Blog. According to the 2021 SYSPRO CFO 4.0

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

SYSPRO Smarter ERP

FEBRUARY 2, 2022

It is getting harder to track every item in the inventory and to get relevant analysis out of it. The post How AI is transforming manufacturing Part 2: Inventory management appeared first on SYSPRO Blog. To track and report the data, each form of inventory necessitates database management software and specialized methods.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

GoShip Blog

JULY 7, 2021

To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. Find reliable software with AI mapping, analysis, security systems, predictive tools, and customer service solutions. . How does my business prepare for Supply Chain Disruptions? Quote Form]. link] .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

FreightWaves SONAR

MARCH 14, 2024

Well, maybe you should, since it’s the title of the blog…DATA INTEGRITY MATTERS! SONAR isn’t yet the longest-running or most-used data source in the trucking world (but we’re getting there!). Most of this data has at least 5 years of historical analysis behind it. And change is the impetus for this blog.

Data 59

Data Supply Chain Software Blog Supply Chains 59

Infosys Supply Chain Management

DECEMBER 30, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Watch out for my next blog on how we can achieve this.

Blog 30

Blog Optimal Sourcing Manufacturing Procurement Supply Chain Software 30

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

SYSPRO Smarter ERP

FEBRUARY 23, 2022

An ERP application that integrates with CAD/CAM software automates the synchronization of design and engineering change orders with the Bill of Materials (BOM) which is the centralized source of information used to manufacture a product. An ERP solution can provide the data platform to gather data from multiple sources. Download Now.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 105

Shipchain

JANUARY 23, 2019

As part of our open source product offering, developers can build out the open source framework of ShipChain, and add additional layers and features. Axle 2.0 – Enhanced AXLE hardware to add accelerometer tracking, sensor data from outside sources. 10 appeared first on ShipChain Blog. Blockchain and Sidechain Happenings.

Supply Chain Planning Software 25

Supply Chain Planning Software Tracking and Tracing Production Logistics Network Optimization Software 25

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Process Outsourcing. Customer Service. Human Resources.

Supply Chain Planning Software 35

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Modeling Software 35

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. Source: Descartes Datamyne. Theme 1: Global supply chains will be busy, congested and chaotic. Despite many calling for U.S. Figure 1: U.S. Somewhat nailed it.

Cost Reduction 148

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 148

SYSPRO Smarter ERP

MARCH 21, 2022

Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. Risk analysis is becoming an important part of SCM. Primarily this meant increasing inventories as opposed to other strategies like nearshoring.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

EazyStock

JULY 19, 2019

Consumer behaviors and habits are changing more rapidly than anyone thought possible just a few years ago while new technology makes it possible to source cheaper and better products from all over the world. This blog will not go into the detail of ABC classification, but you can read all about it in our blog post on ABC analysis.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

AIMMS

DECEMBER 1, 2016

In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. image source: [link]. The company decided to build a smart distribution optimization application that allows for what-if analysis and provides best possible DPAs for the back office.

Supply Chain Planning Software 103

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 103

SYSPRO Smarter ERP

NOVEMBER 8, 2023

An ERP system also helps identify and minimize sources of waste and improve resource consumption, which not only reduces a manufacturer’s environmental footprint, but also lowers costs. The post The return on investment for ERP implementation appeared first on SYSPRO Blog.

ERP 98

ERP Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Blue Grace Logistics

SEPTEMBER 9, 2021

This blog explores how Supply Chain Control Towers can help communicate data and ensure visibility. . What can you expect to read in this blog : . A supply chain control tower is a simple source of real-time information for all decisions. To read the entire blog visit BlueGrace Logistics. billion in 2019.

Supply Chain Software 62

Supply Chain Software Supply Chains Manufacturing Procurement Tracking and Tracing 62