For the past several years, the manufacturing industry has focused on digital transformation, defined as integrating digital technology into all business areas. ERP trends have been an integral part of this journey. Digital transformation fundamentally changes how manufacturers operate and deliver value to customers. It involves a cultural shift that requires organizations to continually challenge the status quo, experiment, and get comfortable taking risks.
Topics: ERP trends
Production scheduling has changed significantly over the years, and companies using an ERP manufacturing system to handle scheduling benefit from the enhanced efficiencies such platforms provide. If you tried to use scheduling systems years ago but found them limiting, newer ones built into modern ERP manufacturing systems will be a pleasant surprise.
Topics: ERP manufacturing system
Warehouse inventory management software helps manufacturers and distributors manage several critical areas. These systems can be integrated with your ERP for seamless visibility into warehouse activity, including stock levels, inventory status, shipping status, and more. They can help organize warehouses for maximum efficiency and provide valuable information on critical stock status. Dedicated warehouse inventory management software offers manyadvantages over general business management software, including key features that can help you manage your inventory more effectively.
Your ERP manufacturing system already contains some form of AI. Certain types of artificial intelligence (AI) have been used for the past several years to augment ERP manufacturing systems, enabling them to process documents and transactions efficiently, and provide predictive analytics. What’s new to these systems is generative AI (GenAI), which provides intuitive, conversational interfaces. Integrating all three types of AI with your ERP manufacturing system brings many opportunities to tap into the data within the ERP to improve process efficiency, forecasting abilities, and automation.
Topics: ERP manufacturing system
Sage 300 2024 updates were released to customers starting in September 2023. These updates included new features, such as eInvoicing and HR integrations, as well as improved web screens, project and job costing screens, and much more. Below is an overview of the latest Sage 300 updates.
Topics: Sage 300
Why upgrade from SYSPRO 7 to SYSPRO 8? Every system update adds new and exciting features, and SYSPRO 8 is no exception. This powerful enterprise resource planning (ERP) platform includes greater performance, easier system management, improved productivity and efficiency, and a setup that eases your business through its digital transformation. Here are the many reasons why making the move from SYSPRO 7 to SYSPRO 8 makes sense.
Topics: SYSPRO 7
Enterprise resource planning (ERP) for manufacturing provides powerful software to maximize sales opportunities. One such opportunity lies within your company’s data. ERPs collect a large amount of data from everywhere in the company, enabling 360-degree visibility into all aspects of production, operations, sales, and distribution.
However, leveraging such data to find untapped sales is something that many manufacturers neglect. Are you leaving money on the table by not using your ERP for manufacturing to its fullest?
Topics: ERP data, AI, erp for manufacturing
Distribution software can help you optimize inventory management. Good inventory management balances supply and demand, leveraging predictive analytics to ensure adequate inventory levels to meet potential demand. Because inventory represents a major asset, ensuring that stock levels are just right—neither too much nor too little—means you have enough items on hand to fulfill orders but haven't invested more capital than necessary in inventory.
Topics: Distribution Software
Your manufacturing operation is doing well. The company has loyal customers who order regularly, and your sales team is finding new ones regularly. As a result, orders are up, and your operation is expanding. This is excellent news but growing a business can mean new challenges and reasons to celebrate. As the operation gets more extensive, you’ll need to consider replacing the accounting software you’ve become comfortable with. You’ll want to consider upgrading to an ERP manufacturing system.
Topics: ERP manufacturing system
Artificial intelligence (AI) has changed the business landscape and how people work. This cutting-edge technology is responsible for transforming company operations, improving decision-making, and creating more personalized customer service. Specifically, AI positively impacts the CFO’s work in several ways and can potentially boost the company’s return on investment (ROI). Continue reading to discover how CFOs can use AI to make a difference in their organizations.
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