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Industry 4.0: Building the right skills to meet the factory of the future

SYSPRO Smarter ERP

It goes without saying, that in order for the skills deficit to be reduced significantly, skills development needs to be central to a business digital strategy. Manager and even the Smart Factory Manager. Building the right skills to meet the factory of the future appeared first on SYSPRO Blog. The post Industry 4.0:

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AI in manufacturing

SYSPRO Smarter ERP

A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. The smart factory is an environment, enabled by digital technologies including AI, to monitor and control the physical processes of the factory and provide data for decision-making.

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What are Reverse Logistics?

Logistics Bureau

However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. A plan is necessary, possibly based on one of the following strategies. Reverse Logistics Strategy 1: Don’t do it! This also qualifies as reverse logistics.

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Using an ERP system to provide data for decision-making in manufacturing

SYSPRO Smarter ERP

Whether it’s information about suppliers, procurement, inventory management, factory operations, sales or service, an integrated ERP solution has the data necessary to make decisions. Reassess strategy. A survey of CFO s noted that among their top four priorities was ensuring greater visibility into performance and operations.

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Industry Outlook: Manufacturing Trends

Trinity Logistics

DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLY CHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1 Industry 4.0

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ERP ROI for the manufacturing and distribution CEO

SYSPRO Smarter ERP

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. ERP to drive business strategy and insights. Initiatives that will meet your ROI as a CEO will be guided by and from the factory floor data itself.

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How ERP enables remote work or How manufacturers and distributors can use ERP to enable remote work

SYSPRO Smarter ERP

A survey SYSPRO fielded during the early days of the pandemic showed that 47% of businesses were unable to function because operational staff completely relied on on-premises resources, and 37% were unable to provide the remote work capabilities they required. A year later we asked manufacturing CFOs how their strategies had evolved.

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