Reading Time: 4 minutesThe last few years have been difficult. Many organizations that survived the pandemic made use of innovative methods that enabled them to quickly analyze and react to new information. The supply chain is one of the areas that was thrown into disarray by the effects of the COVID-19 pandemic as consumer markets were battered by … Read more
Reading Time: 4 minutesThe term “supply chain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. It also coincided with the growth of the Internet and telecommunications technology. Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to … Read more
Reading Time: 5 minutesManufacturers depend on their ERP system to optimize business processes, unify their different functions and platforms, and provide them with information to make decisions. But with ransomware and cyberattacks on the rise, securing the ERP system is now becoming a top priority. Why are ERP systems attacked? ERP systems contain very important and confidential information. … Read more
Reading Time: 3 minutesManufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. Failure to effectively address this challenging question can result in enormous inefficiencies caused by misalignment of demand and supply throughout the supply chain. The misalignment can result in multitude of negative consequences such … Read more
Reading Time: 6 minutesThe reason executives decide to implement an ERP system is to achieve the objectives of improving operations and making more efficient use of information, people and assets. However, implementing ERP software is a complex technical undertaking and has fundamental impacts on people and processes. Therefore, an implementation project has to be planned carefully and many … Read more
