How To Improve Your ERP Quoting And Pricing Results By improving ERP quoting and pricing management for every dealer, distributor, and reseller they sell-through manufacturers can get more than their fair share of channel sales and margins. It’s possible to expand earnings by 50% on slight increases in volume when pricing is consistent channel-wide. McKinsey’s latest research on the topic, Pricing: Distributors’ Most Powerful Value-Creation Lever, shows how the highest performing distributors use pricing to create value.…
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10 Signs A Food & Beverage WMS Needs Help
10 Signs A Food & Beverage WMS Needs Help Bottom Line: Food and beverage supply chains are the fuel that drives the growth of every food & beverage manufacturer today. An integrated, scalable, secure Warehouse Management System (WMS) can assist in transforming supply chain efficiency into internal process performance gains while ensuring accuracy, compliance and cost control. Keeping A Food & Beverage WMS Current Is a Continual Challenge The most common reason a food & beverage WMS will…
How Machine Learning Is Redefining Supply Chain Management
How Machine Learning Is Redefining Supply Chain Management Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. Discovering new patterns in supply chain data has the potential to revolutionize any business. Machine learning algorithms are finding these new patterns in supply chain data daily, without needing manual intervention or the…
10 Ways Machine Learning Can Close Legacy ERP Gaps
10 Ways Machine Learning Can Close Legacy ERP Gaps Capitalizing on new digital business models and the growth opportunities they provide are forcing companies to re-evaluate the role ERP plays in their manufacturing strategies. Made inflexible by years of customization, legacy ERP systems aren’t delivering what digital business models need today to scale and grow. Legacy ERP systems were purpose-built to excel at production consistency first at the expense of flexibility and responsiveness to customers’ changing requirements.…
Making Food & Beverage Supply Chains Pay
Making Food & Beverage Supply Chains Pay Bottom Line: High performance, integrated food & beverage supply chains are the lifeblood of successful manufacturers in the industry, enabling them to flex in response to customer demand. When production lines are running smoothly, product quality is up, and customer delivery dates are being met it’s a sure sign the supply chain management, inventory, and warehouse management systems supporting the shop floor are tightly integrated. By using supply chain systems…
Quality Audits Are The Future Of Food & Beverage Manufacturing
Quality Audits Are The Future Of Food & Beverage Manufacturing Bottom Line: Food & beverage manufacturing’s future is being defined by the over 60 customer quality audit requests a typical manufacturer receives every year, combined with the need to excel at FDA audits and compliance to stay competitive. Food and beverage manufacturers need to find new ways to scale auditing if they’re going to keep growing and attracting new customers. Audits are one of the most powerful…
Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality
Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. How strong they are at traceability is the cornerstone every one of them rely on to meet compliance requirements and keep excelling at quality. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies Traceability for…
Four Common Challenges Facing The Manufacturing Industry In 2019
Four Common Challenges Facing The Manufacturing Industry In 2019 The manufacturing industry continues to show strong resiliency, shaking off global trade uncertainty, finding ingenious workarounds to its labor crisis, while still innovating new products using design-to-manufacture workflows. 76% of all manufacturers prioritize improving shop floor productivity as their most valuable growth strategy, 1.4 times more important than marketing improvements to drive more leads (44%) or growing partnership-based revenue (31%) according to a recent Decision Analyst…
Legacy ERP Systems: Is it Time for an ERP Replacement?
Legacy ERP Systems: Is it Time for an ERP Replacement? A legacy ERP system is an older enterprise software solution that is no longer being enhanced. Legacy ERP systems were typically first created in the 1980s or early 1990s and are often based on older technology, such as the IBM AS/400 platform, Progress Software or even DOS. Their original user interfaces were character based, although many have received facelifts over the years, often using Windows clients, to…
How Blockchain Can Improve Manufacturing In 2019
How Blockchain Can Improve Manufacturing In 2019 The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T by 2030 according to Gartner. Typical product recalls cost $8M, and many could be averted with improved track-and-traceability enabled by blockchain. Combining blockchain and IoT will revolutionize product safety, track-and-traceability, warranty management, Maintenance, Repair & Overhaul (MRO), and lead to new usage-based business models for smart, connected products. By 2023, 30% of…