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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

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

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Four benefits of centralized analytics within your ERP system

SYSPRO Smarter ERP

It’s common that manufacturing and distribution enterprises would use a third-party Business Intelligence (BI) solution to analyze and interpret data from their ERP system. One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions.

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Can ERP support lean manufacturing?

SYSPRO Smarter ERP

ERP in lean manufacturing. Data from the ERP system is the first step to optimizing the flow of products and services in your supply chain to reduce waste. ERP supports lean manufacturing in: Reduced inventory waste: As a manufacturer you expect to have a certain level of raw materials and product maintained in inventory.

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ERP for mixed-mode manufacturing

SYSPRO Smarter ERP

Discrete manufacturing makes distinct ‘things’, process manufacturing makes ‘stuff’ (for example, fertilizer). In situations where the process manufacturing stage has a long manufacturing timeline (beer fermentation), stock would be created based on forecasts using history and trend data. Expiry date control.

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How ERP and BI work together

SYSPRO Smarter ERP

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. ERP and BI have different functions and have been separate systems for many years. What do BI and ERP do?

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The benefits of inventory management in ERP

SYSPRO Smarter ERP

What you can achieve with inventory management in ERP Inventory is a major item on a manufacturer’s balance sheet that can seriously impact cash and working capital, and inventory management in ERP can contribute to improving it. But it needs to be part of inventory management in ERP in order to make a meaningful impact.

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Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? Here’s an example. ERP and business intelligence. ERP is the foundational technology required for manufacturers to gather, analyze, and share insights for visibility across their supply chain.