Reading Time: 5 minutesInventory management and inventory optimization in ERP is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be … Read more
Reading Time: 3 minutesManufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a … Read more
Reading Time: 5 minutesThe increasing transition from traditional sales channels to digital commerce using B2B eCommerce isn’t breaking news for manufacturers. It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. There’s also the lingering concern: “Are we just too late to the game?” Over the past three to five years in particular, more manufacturers … Read more
Reading Time: 4 minutesFor manufacturers, prioritizing a seamless order fulfillment experience is key to driving repeat business. In these times where customer expectations are higher than ever, efficient order fulfillment is no longer a luxury — it’s a critical competitive advantage. However, to meet these expectations, manufacturers need to ensure a smooth flow of information between their eCommerce … Read more
Reading Time: 7 minutesERP 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. Ever-evolving business requirements are another strong influencer as manufacturers strive to improve business processes and efficiencies. Together, these … Read more
