SYSPRO Smarter ERP

JUNE 27, 2022

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. According to Indeed.com , that broad skills set should include digital fluency, big data analytics and even knowledge around technologies such as ERP.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

Ship Monk

APRIL 23, 2024

Measuring your output will enable you to develop strategies toward reducing your output, and show your customers the progress you’re making. Sustainability Strategies for Ecommerce Businesses You’re not going to become a sustainable company overnight, so it’s best to attack the problem a little at a time.

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Viewpoints

MARCH 8, 2021

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 170

Logistics Viewpoints

JULY 10, 2024

The factory models can include how long it takes to set up a machine, how many units per hour can be made by the machine, how long routine maintenance takes, how many workers are needed, and the hours the plant works, among others. Machine learning is particularly effective when it also uses external downstream data.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 156

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

Logistics Viewpoints

OCTOBER 30, 2023

A company with one factory and one DC, reorganizing the location and duties of the facilities, will have little opportunity to drive much in the way of payback from a network design solution. Many scenarios were necessary because the way goods flowed from factories to DCs and from DCs out to customers were quite complex.

Supply Chain Design 155

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 155

Logistics Viewpoints

MARCH 25, 2021

The average cost of a data breach reached $3.86 Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 193

SYSPRO Smarter ERP

OCTOBER 6, 2021

in which factories are digitally transformed, manual processes are replaced with automated systems, and factories and supply chains are smarter. The digital factory. Manufacturers thriving on data. Digital factory. As manufacturers invest in new technology equipment, it is going to enable smarter manufacturing.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

FreightWaves SONAR

JANUARY 5, 2021

Due to the previous surge of China as the world’s factory over the last two decades, much of the global carriers’ business has revolved around transporting cargo between the U.S. And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

Logistics Bureau

NOVEMBER 28, 2024

Depending on how your systems are set up, this may be information you can rapidly pull out of other data bases. If not, this might be the right time to invest in a suitable (IT) solution, because these data will change and you will need them again to maintain and consolidate cost savings later. Manufacturers <6.8%

Cost Reduction 79

Cost Reduction Inventory Reduction Material Savings Expense Reduction 79

Logistics Viewpoints

OCTOBER 3, 2022

But the difficulty in finding workers has becoming a huge challenge at many factories and warehouses. The already fast-growing market for warehouse robots and flexible factory automation has become supercharged as a result. Military strategy changed forever after Hiroshima; supply chain strategy has been similarly transformed by COVID.

Supply Chain Software 186

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 186

SYSPRO Smarter ERP

JULY 2, 2024

Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically. ML and DL are mainly used in data analysis, classification, clustering, and ranking. GenAI systems are trained on massive amounts of text data to understand and generate human-like language.

Supply Chain Planning Software 105

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

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

GlobalTranz

OCTOBER 9, 2015

Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' According to industry standard ASTM F2792-10 , AM is defined as, "The process of joining materials to make objects from 3D model data, usually layer upon layer, as opposed to subtractive manufacturing technologies.".

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

Logistics Viewpoints

APRIL 25, 2022

Further, under the provisions of the new legislation, companies’ responsibility extends beyond their own factories, warehouses, stores, and corporate offices to encompass their entire supply chain. The community data can be leveraged to help a company find more ethical suppliers. Unsafe working conditions. Discriminatory Employment.

Compliance 154

Compliance Supply Chain Software Supply Chains Procurement Solutions 154

SYSPRO Smarter ERP

OCTOBER 4, 2021

During the pandemic ERP kept industries in operation with its ability to sustain business operations through remote access to data, automated reporting, electronic data exchange, and real-time factory controls. ERP to drive business strategy and insights. Use ERP to improve operations and efficiency.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

SYSPRO Smarter ERP

OCTOBER 27, 2021

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. Supply chain.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Optimal Sourcing 111

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics.

Supply Chain Planning Software 130

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 130

Logistics Viewpoints

JANUARY 17, 2024

At CES 2024, Hyundai conducted Media Day, highlighting their strategic theme “Ease Every Way”, a transformation powered by hydrogen and driven by software, which includes the new “HTWO Ecosystem” and “Software-Define Everything (SDx)” strategy. Currently, PEM electrolyzers are approximately 1.5

Modeling Software 157

Modeling Software Waste Reduction Logistics Network Optimization Software Resource Reduction 157

Logistics Viewpoints

SEPTEMBER 13, 2023

These disruptions occur for myriad reasons, such as factory disruptions in China or ships getting stuck in the Panama Canal. As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain.

Supply Chain Planning Software 168

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 168

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC.

Inventory Reduction 188

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 188

GlobalTranz

DECEMBER 12, 2014

That may mean reshoring eventually, but according to today’s guest post, we also must look at the hard data before we decree that reshoring is in full form yet. . Reshoring Optimism Abound, However, Let’s Look at the Data Now. Just don’t look at actual data. You’ve probably heard the good news.

Optimization Software 93

Optimization Software Optimization Factories Case Study 93

SYSPRO Smarter ERP

DECEMBER 4, 2023

Capacity takes a back seat to production flexibility as the key performance indicator for factory managers. Many manufacturers are now diversifying from a single product line to different manufacturing lines in one factory, each line with its own manufacturing processes. Shared data is critical.

Manufacturing Procurement 105

Manufacturing Procurement ERP Material Savings Waste Reduction 105

GlobalTranz

MAY 4, 2015

Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. Connected supply chains provide additional opportunity link supply chains and receive more data. But how does it work in industry?

Supply Chain Software 120

Supply Chain Software Manufacturing Procurement Supply Chains Trends 120

Logistics Viewpoints

AUGUST 22, 2023

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. Moving data between systems was complex and laborious. In other words, visibility is an enabler. Lesson learned.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 120

SYSPRO Smarter ERP

MAY 18, 2022

was first coined in Germany in 2011 in response to a wave of new technological innovations including advances in AI, ML and cloud computing as well as data analytics. have disconnected digital initiatives that are often poorly aligned with the enterprise strategy and not focused on customer experiences. The term ‘industry 4.0’

Resource Reduction 105

Resource Reduction Cost Reduction Inventory Reduction Sourcing Strategies 105

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 147

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 147

Logistics Business Magazine

MAY 5, 2023

Logistics Business magazine, together with the Information Factory, have produced a 7 page digital magazine on data in transport logistics. Editor Peter MacLeod talks to iFactory CEO Robert Jordan to understand how transport businesses can drive up profitability by adopting a data-driven approach. Read the free eBook here.

eBook 42

eBook Data Supply Chain Planning Software Logistics Network Optimization Software 42

Logistics Viewpoints

OCTOBER 25, 2024

By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance. Nauto and Beans.ai

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 134

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

SYSPRO Smarter ERP

JANUARY 19, 2022

While the short-term plans focus on safety stocks throughout the supply chain (in most cases, the priority to keep the factories fully operational remains). Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Align your business and supply chain strategies.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

SYSPRO Smarter ERP

MAY 18, 2022

was first coined in Germany in 2011 in response to a wave of new technological innovations including advances in AI, ML and cloud computing as well as data analytics. have disconnected digital initiatives that are often poorly aligned with the enterprise strategy and not focused on customer experiences. The term ‘industry 4.0’

Resource Reduction 98

Resource Reduction Cost Reduction Inventory Reduction Sourcing Strategies 98

SYSPRO Smarter ERP

JUNE 15, 2022

Manufacturing Operations Management (MOM) together with an ERP system allows manufacturers to collect the data, visualize and analyze it, and make decisions. But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing?

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98