Category: Visual Factory
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The Pros and Cons of Consolidating Manufacturing ERP Systems
Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. In this post, we’ll look at the pros and cons of consolidating ERP systems – and propose an alternative. When Two Worlds Collide Whenever two or more organizations merge, they are almost always using different ERP systems.…
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The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.
Jessica Twentyman reported in the Financial Times, that for many manufacturers, supply chain collaboration is stuck in the dark ages. When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers…
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Supply Chain Visibility and Collaboration – How ERP Falls Short
TR Cutler, Inc. Market Research (TMR) just released the results of a survey conducted in the first two weeks of February, 2017. The respondents were all discrete manufacturers and all held VP or C-level titles. The universe of completed surveys totaled 401 and inquired about the highest priorities for manufacturers today. (The sample size…
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Supply Chain Visibility and the Bottom-line
Visibility Matters. Rick Morris, a Certified Supply Chain Professional wrote in Supply House Times that while improving fill rates, improved forecast accuracy also lowers inventory levels measured in days of sales; and simultaneously, improved forecast accuracy improves fill rates and lowers inventory. He suggested this translates into increased profitability. When analysts have studied companies that…
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Made for Manufacturers
By Sarah Balogh Made for Manufacturers A common statement I hear from customers is that they are working with technology and software that doesn’t provide the functionality they need as manufacturers. They are told that certain enterprise software packages “can do everything” they need to plan, schedule, and run their factories. But months after implementation…
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If it’s Not Real Time Data, It’s Old Data
We have so much real-time data around us in our daily routines. A barista starts to prepare my order the moment that I purchase my daily coffee. I instantly know how close I am to the speed limit thanks to my car’s speedometer. And I see an accurate count down of the number of minutes…