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Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Followed by the benefits to reduce logistics cost of expedites, demurrage and detention (58%), increase cash on hand by improving inventory management (23%) and to optimize carrier performance (19%).
I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.
For QAD Adaptive ERP and QAD Adaptive Applications, the latest enhancements putting manufacturers on the path to becoming Adaptive Manufacturing Enterprises include: Effective Enterprise Management. As a result, customers will improve efficiency with easier scenario planning and an intuitive integration with Excel.
When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. Better AssetManagement also comes from this paradigm shift. Assetmanagement should be an essential part of all of the supply chain processes. Increased velocity. Increased service market share.
Planning – Whether developing new products or changing existing products, planning the subcomponents/materials, especially those that will be purchased, should be identified early to allow time to properly select ideal suppliers for those commodities. Audits are an excellent way to confirm that corrective actions are effective.
On-premise solutions operate off of a business’ own servers, whereas cloud ERP systems utilize cloud technology and fall into two major groups: ERP as a Service: Here, all customers operate on the same code base and have no source code access. Customer Relationship Management (CRM). Supply Chain Management. Manufacturing.
It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Having a single system in place which gives accurate inputs about what’s going where across the entire factory floor, can help manufacturers reduce dependencies on external purchase orders or forecasts to make supply chain decisions.
In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems). This can be interesting as a “post mortem” after action review, but doesn’t tell you where the puck is going!
When it comes to IBM Maximo, the first impression everyone gets is a Work and AssetManagement (WAM) solution. Having both Supply Chain and Work & AssetManagement on one package is beneficial for customers. When I write this, it is already successfully running in production for 6+ months.
It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Having a single system in place which gives accurate inputs about what’s going where across the entire factory floor, can help manufacturers reduce dependencies on external purchase orders or forecasts to make supply chain decisions.
Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. By sourcing materials from eco-friendly suppliers, companies can further reduce their carbon footprint. Order Management: Needed to automate the procurement order processes.
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