Remove Blog Remove Manufacturing Procurement Remove Strategy
article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?

article thumbnail

How manufacturers can use ERP to improve the procurement process

SYSPRO Smarter ERP

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How manufacturers can use ERP to improve the procurement process

SYSPRO Smarter ERP

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.

article thumbnail

MES vs MOM: Understanding the Key Differences

SYSPRO Smarter ERP

MES vs MOM The term MES (Manufacturing Execution System) was first used by analysts in the 1990s to describe a category of software that defined a system that tracks and monitors the production of manufactured goods on a factory floor. It tracks operations from order release, to manufacturing, to finished goods. What is an MES?

article thumbnail

How manufacturers and distributors can re-imagine procurement in the supply chain

SYSPRO Smarter ERP

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.

article thumbnail

[INFOGRAPHIC] Attracting Millennials to Manufacturing & How Young People Are Going to Save Manufacturing

GlobalTranz

Editor’s Note: The top portion of this blog post is a guest blog from one of our friends from social media that we’ve been lucky to engage with on both Twitter and Google+ regularly. Lisa tweets and comments on all things manufacturing. We know manufacturing is proven to have a great economic impact.

article thumbnail

Top 3 challenges facing manufacturers and how to overcome them

SYSPRO Smarter ERP

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome. Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold.