SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. It’s a sizable market, with research conducted by HG Insights stating that 1.4

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Ship Monk

JULY 18, 2024

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. 2024 Consumer Trends Early this year, HubSpot released its 2024 Consumer Trends Report. Trend #3 More than half of consumers are being more careful with spending.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

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. With an ERP, all departments are looking at the same data.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

SYSPRO Smarter ERP

JULY 5, 2023

Their valuable data is often locked away in separate, siloed, and outdated systems and formats, making data access and analysis an uphill task. This is where the integration of embedded analytics within ERP systems can make a world of difference. Embedded analytics function as the much-needed bridge between isolated data silos.

Manufacturing Procurement 97

Manufacturing Procurement ERP Maintainability Compliance 97

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. Business intelligence (BI) and ERP (enterprise resource planning) software are both important technologies for businesses that want to improve their performance and gain insights from their data. What do BI and ERP do?

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

EazyStock

MARCH 9, 2021

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. Predictive analysis: Utilize BI solutions to predict future trends in demand for products or potential supply chain disruptions, enabling manufacturers to plan and make informed decisions while mitigating risks.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

SYSPRO Smarter ERP

AUGUST 31, 2023

The challenge is that many teams also rely on manual data exports from their ERP or ‘data dumping’ into Excel to report on and analyze their data beyond what standard reports offer. Pulling data takes time and then you must format it for analysis and check for errors. Analysis is limited. It is slow. Stale data.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

EazyStock

MARCH 26, 2018

?. One of the most common questions we receive is “We already have an ERP inventory module. However, in this blog post we will explain in a little more detail why EazyStock is different from your ERP inventory management capabilities and what value it brings to your business. Inventory Management and forecasting in your ERP.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

3PL Links

DECEMBER 17, 2024

Image source: iStocks | Top 7 Most Impactful Logistics Trends to Watch in 2025 As another year comes to an end, managers and business owners are dedicating themselves to a crucial stage in the success of any business: evaluating what worked and what can be improved in their operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

GlobalTranz

NOVEMBER 16, 2018

Too often, ERP software is seen as the final answer to any and every distress a business may face. While ERP systems provide excellent tools to manage accounting, human resources, customer relationships and more, they considerably lack the tools needed to properly manage transportation. Three Reasons Why ERP Isn’t Enough 1.

Supply Chain Planning Software 65

Supply Chain Planning Software Optimization Software ERP Supply Chain Software 65

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. So which of the new trends will you be embracing in the new year?

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

SYSPRO Smarter ERP

JULY 2, 2024

ML and DL are mainly used in data analysis, classification, clustering, and ranking. The more data they process, the better they become at recognizing patterns, identifying trends, and making predictions. Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

SYSPRO Smarter ERP

JULY 3, 2023

Having an ERP system in place can be a major advantage when considering how and where to start an AI/ML project. 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.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

SYSPRO Smarter ERP

JUNE 14, 2022

Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. The data is stored in a database managed within the building or in the cloud for processing and analysis. Data enabled visibility through ERP.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

Logistics Viewpoints

SEPTEMBER 16, 2022

Data can be easily used for various applications such as detailed monitoring and analysis of operations, planning, optimizing stocks and use of resources or preparing recorded master data for other locations. Data can be monitored over the long term, and important trends and forecasts can then be derived.

Supply Chain Planning Software 188

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 188

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digitization: from analogue information to digital data.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

SYSPRO Smarter ERP

NOVEMBER 30, 2021

An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Managing Inventory. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

SYSPRO Smarter ERP

DECEMBER 11, 2023

Many renewable energy organizations are missing out on the benefits of ERP software that would allow them to tackle the challenges of data management, improve process efficiency across the organization, and manage projects more effectively. It also provides a high level of security and privacy that regulations require.

Sourcing Strategies 52

Sourcing Strategies ERP Manufacturing Procurement Supply Chain Planning Software 52

SYSPRO Smarter ERP

DECEMBER 14, 2023

A modern ERP system geared to manufacturing can offer both quality management, and environmental and social reporting. An ERP application with a quality management component can monitor quality at every stage of the process — from incoming material inspection, at various stages of the production process, to final product testing.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Optimization Software 52

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.

Supply Chain Planning Software 49

Supply Chain Planning Software Manufacturing Procurement Optimization Software Modeling Software 49

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

When we look at enabling innovation through embracing digital transformation, a key trend – and the first step on the journey – those manufacturers and distributors need to incorporate is automation. ERP to drive digital transformation. For the past several decades, ERP systems have been monolithic applications, but that is changing.

Manufacturing Procurement 111

Manufacturing Procurement Factories Optimal Sourcing Supply Chain Software 111

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. In other words, the use of legacy ERP systems will dwindle, replaced by advanced, cloud-based systems.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

SYSPRO Smarter ERP

MARCH 20, 2024

Benefits of business intelligence in manufacturing When combined with the power of your ERP system , a modern data management solution can help manufacturers connect to and integrate information from any data source (including CRM or HR systems).

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Trends Sourcing Strategies 48

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. ABC/XYZ analysis can help identify the most valuable items to your business. Machine learning analyses trends, recognizes anomalies and offers insights.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. ABC/XYZ analysis can help identify the most valuable items to your business. Machine learning analyses trends, recognizes anomalies and offers insights. Supply chain issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

SYSPRO Smarter ERP

MARCH 29, 2023

Consequently, organisations were forced to speed up the adoption of digital technologies , especially those offering advanced data analysis and reporting functionalities. Organisations realised that the tools they relied on were no longer sufficient to facilitate the increased complexity of the demand planning process.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 105

EazyStock

JUNE 24, 2020

Even sophisticated Enterprise Resource Planning (ERP) or Warehouse Management Systems (WMS) rely heavily on users manually inputting forecasting and replenishment parameters to automate any form of reordering alerts. These will be much more accurate than using a 30-day rolling average calculation in Excel or an ERP.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Turvo

JANUARY 26, 2021

Supply chain data analytics can interconnect many different focus points and minimize risks by giving managers tools and insight into past trends, so they do not try to make choices for the future blindly. It provides the trends and data that can help them make informed choices about preparing for the coming quarter and the season.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

EazyStock

OCTOBER 20, 2020

Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Conger

JULY 16, 2021

In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. 11 Warehouse Automation Technology Trends. The trends that we cover below include a mix of both digital and physical automation.

Automation 59

Automation Vendor Strategies Trends Expense Reduction 59

SYSPRO Smarter ERP

NOVEMBER 3, 2021

This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. This is best done using an ERP system, where different steps of the manufacturing chain – order management, production, fulfilment, etc. – Manufacturing KPIs. Warehousing KPIs.

Manufacturing Procurement 105

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

Logistics Bureau

JULY 18, 2022

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Naturally, the first part of this task will be to research and clarify those key trends. Start with the Software.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

SYSPRO Smarter ERP

NOVEMBER 8, 2021

New trends in supply chain management. Often a tool like a Failure Mode and Effect Analysis (FMEA) is useful as it serves as a checklist and ensures that the business is thinking about these issues and considering mitigation plans. Another trend that is becoming prevalent is to engage with suppliers in a digital supply chain.

Supply Chain Planning Software 116

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