Eliminate Excess Inventory By Managing Subcontract Manufacturing

Posted in Inventory Management on November 30, 2012

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Reducing excess inventory should be a top corporate priority. Product proliferation is a huge drain on a company, and just installing software or dropping SKUs is not a good solution, advises an article on Supply & Demand Chain Executive. Good manufacturing inventory management can help permanently fix the SKU abundance in your supply chain.

Analytics: Which Ones Are Right For Your Manufacturing Business?

Posted in Reporting, Analytics and Business Intelligence on November 29, 2012

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With the explosion of social media, more companies are using analytics to find data insights, according to an article on SmartData Collective’s website. Analytics can predict future outcomes and best- and worst-case scenarios. Analytics will tell you what happened, what will happen next and what the best course of action is for certain scenarios.

How Collaboration Improves The Manufacturing Procurement Process

Posted in Inventory Management on November 28, 2012

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When you change your manufacturing procurement process, the biggest impact will be on your bottom line, right? Not so, according to a Spend Matters article — just ask your operations manager. Hiring a new supplier affects the core of the supply chain, from product supply to quality control and customer relationships.

6 Steps To Start Using Manufacturing Financial Analytics

Posted in Reporting, Analytics and Business Intelligence on November 27, 2012

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The next wave of business initiatives will rely on analytic tools to control Big Data. A Computerworld article offers steps to get started with data-mining projects. Managing business data allows you to effectively grow your business today, tomorrow and — most importantly — well into the future.

Is A Two-Tier ERP Environment Right For Your Business?

Posted in Cloud ERP on November 26, 2012

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Rolling out cloud-based manufacturing resource planning software that integrates with a company’s ERP system can reduce complexity and add value. Two-tier environments are good for a number of situations, like integrating smaller companies, working with suppliers and capturing regional data, according to a post on the Enterprise Irregulars website.

5 Steps To Lasting Savings In Your Manufacturing Procurement Process

Posted in Operations Improvement on November 23, 2012

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Procurement makes up to 60 percent of a company’s total costs, yet few focus on it, according to a Forbes.com article. To generate lasting savings, companies can: get more data, study how they buy, analyze inefficiencies, take on fragmented categories and re-examine suppliers’ input. Manufacturing resource planning software is a great resource.

5 Reasons The C-Suite Should Support Manufacturing Cloud ERP

Posted in Cloud ERP on November 22, 2012

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Will your executive team play a key role in ERP software implementation or merely give it a passing glance? C-level support is vital to the success of ERP projects, according to Panorama Consulting Solutions. They provide leadership, vision and strategy. Without it, ERP projects will flounder.

Could You Be Getting More From Cloud ERP?

Posted in Cloud ERP on November 21, 2012

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Is a cloud-based inventory management solution viable for your organization? An article from Panorama Consulting Solutions outlines specifics of the cloud vs. on-premises debate. The technology to manage inventory in the cloud is secure, safe and even more dependable than an on-premises solution.

Are You Putting Price Over Value When Choosing Business Partners?

Posted in Operations Improvement on November 20, 2012

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What is the most most important quality in a business partner — value or price? Logistics Viewpoints shares the story of a manufacturing company that chooses their shippers through a transportation procurement strategy that takes value and service into account. The takeaway is to choose wisely because cheaper is not always better.

How Can Manufacturing Cloud Analytics Improve Decision Making?

Posted in Reporting, Analytics and Business Intelligence on November 19, 2012

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Data analysis should be real-time versus rear-view mirror, according to a post on the CIO website. Through a consolidated database, manufacturers can save money, share data and drive positive outcomes. Real-time reporting of business performance should be the top priority.

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