The global pandemic is forcing everyone to reassess their inventory management processes. A recent bulletin from the Cleaning and Hygiene Suppliers’ Association (CHSA) has called on medical supply businesses to urgently address their supply chains and plan for shortages. Discussing the impact of COVID-19 on the cleaning and hygiene sector, it cited the fragility of just-in-time supply chains, reduced production capacity, and unprecedented demand as major contributing factors to global supply chain struggles.
Year: 2020
Four Ways to Reinvent Your Business for Growth in a Down Market
Reading Time: 5 minutes This article was originally published by Forbes Business Council. Considering sales are the lifeline for most companies, analysis, and optimization of sales processes should be the most outcome-measured activity. However, in my many years of turning well-established companies around and helping startups succeed, I find business-to-business sales performance can be among the biggest downfalls for … Read more
How Manufacturers can Easily Transition into the Future of Work – Key Considerations
The acceleration of technological adoption has created a new frontier for the world of work. With the rise of cloud computing, artificial intelligence, e-commerce and other collaborative technologies, businesses have had the opportunity to innovate and thrive. At the same time, the technology revolution has also created a dichotomy – it has resulted in a skills deficit where the workforce is simply not prepared for the future.
The Importance of Using Digital Technologies In the Supply Chain
For businesses involved in moving and distributing goods around the country or the world, the pandemic of 2020 has shown how important it is to have digital technologies to support planning, managing, and executing distribution operations. Even after the Coronavirus pandemic subsides, the world is not going to go back to what it was, things will change.
3 Emerging Trends as Manufacturers Shift in Response to the Pandemic
Global manufacturing and distribution sectors are set to shift. Since the start of the pandemic, industries have had to face increasing pressures, from supply chain disruptions to a shortage of business system accessibility and a lack of worker availability. While the ongoing struggle for raw materials continued under national lockdowns, the pandemic also acted as a catalyst for Industry reinvention. A good example of this took place in South Africa. During the national lockdown, consumers became increasingly reluctant to go into stores and instead opted to shop online. In order to capitalize on this opportunity, a local beverage wholesaler sold its products directly to customers through a third-party e-commerce website. To have real-time visibility of their stock availability, the business integrated an API into their existing ERP system.
How COOs can Contribute to Software Selection and Deployment
The COO is at the center of business. While the role of the COO differs from organization to organization, it is the COO in conjunction with the Executive team that drive and build the necessary
foundations, structures, processes and strategies for an organization to be successful.
6 Questions Industrial Machinery Manufacturers Should Ask when Considering a New ERP System
Imagine if you toured someone else’s plant that uses much more primitive machinery than your own. I’m sure you would cringe at their manual processes and inefficiencies. You would be compelled to explain that there is a better way. In fact, they might be so used to doing it their way that they don’t even realize what else is possible.
How MOM and ERP can Help to Manage Manufacturing in the 21st Century
Manufacturing is changing
Manufacturers are under continuous pressure to produce high-quality products, cost-effectively, and in the time that customers demand. The degree to which a manufacturer satisfies customer expectations determines their success in the local and even global market. In order to maintain and grow the business, manufacturing decision-makers should consider an information management system that integrates business needs with the manufacturing process.
ERP: What is the Value to Your Manufacturing Business?
The definition of ERP
Before we define ERP, let us start with the acronym which stands for Enterprise Resource Planning. We can define ERP as enterprise software that helps organizations manage their day to day business requirements. At a fundamental level, ERP brings together customer management, human resources, business intelligence, financial management, inventory, and supply chain capabilities into one system.
