Remove Collaborations Remove Inventory Management Remove Manufacturing Remove Reduced Costs
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NetSuite for Manufacturing: AI-Powered Operational Excellence

Amzur

Today’s manufacturers are wielding the double-edged sword of cloud-based solutions and artificial intelligence (AI) to achieve operational excellence. But NetSuite isn’t just another enterprise resource planning (ERP) software; it’s a platform specifically designed to cater to the unique demands of manufacturing.

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FDA FSMA: Providing value beyond compliance

IBM Services

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. If the store can embed that data point back into its inventory management system, it will be able to better align supply and demand for individual items.

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Building a sustainable automotive supply chain

IBM Business Partners

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.

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Business process reengineering (BPR) examples

IBM Services

An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness. This can enable significant cost savings and improve profitability. BPR initiatives generally boost key performance indicators (KPIs).

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What is Chain Visibility?

Obobo

The supply chain includes everything from the suppliers of raw materials to the manufacturers who turn those materials into products, to the retailers who sell those products to consumers. This visibility is essential for managing the flow of goods and ensuring that products are manufactured and delivered on time.

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Procurement Costs and How Businesses Can Reduce Them

Planergy Software

Procurement is the act of buying raw materials, goods, and services for a business, as guided by formalized procedures, internal controls, and processes related to not just finance, but inventory management, supply chain management, and supplier relationship management as well. Improving inventory management.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. Example: A car manufacturer acquiring a chain of dealerships to sell its vehicles directly to consumers.