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Leveraging the power of ERP to optimize inventory management

SYSPRO Smarter ERP

On the supply side, constraints such as large manufacturing batch sizes and supplier delivery lead time force organizations to hold some raw materials or components in stock to deliver products to customers. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply.

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3d printing goes mainstream

10xLogistics

But here are some revolutionary ways this can be applied to the supply chain: Development cycle times cut dramatically: Imagine when you can "print" prototype parts immediately and on demand as you build prototype products? So, supply chains have to be ready for rapid deployment of new products. Most want both.

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What Conversations Does Your VSM Drive?

The Lean Thinker

We can put in all of the lean tools we want, but if those conversations don’t follow, the system quickly reverts to the previous baseline. They were competing with one another for a place in the production queue. What is interesting (to me, but I admit I’m a geek about this stuff) is that this is a meta level thing.

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[INFOGRAPHIC & VIDEO] A 2D Explainer of Rapid Prototyping & Additive Manufacturing in 3D Printing

GlobalTranz

In manufacturing, rapid prototyping is used to create a three-dimensional model of a part or product. In addition to providing 3-D visualization for digitally rendered items, rapid prototyping can be used to test the efficiency of a part or product design before it is manufactured in larger quantities.

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Sustainability and due diligence laws force action

Logistics Business Magazine

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. Sustainability and due diligence laws force us to act.

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IFOY FINALIST FOCUS: robobrain.NEUROS

Logistics Business Magazine

Continuing our product-by-product examination of each of the IFOY Award nominated finalists ahead of the winners announcement at BMW World on 30th June, we look at robobrain.NEUROS, the AI-based robotics operating system from robominds. This ensures investments and allows responses to changed products and production processes.

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Optimize Inventory, Minimize Costs with Log-hub’s New Inventory Optimization App

Log-hub

Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Next, they define service level targets and any constraints, such as Minimum Order Quantities (MOQ) or batch sizes.