An aging Enterprise Resource Planning (ERP) system is like an old house or vehicle—the older it gets, the more it needs to be maintained. And, like a house or car, at some point it makes sense to purchase a new one rather than continue to fix the old one. An ERP system has a typical lifespan of between seven and 10 years. But, with today’s rapidly evolving technology, that may be pushing it.
First, let’s begin with defining digital warehousing. Warehouse digitalization refers to the process of integrating digital technologies into warehouse operations to streamline your processes, improve efficiency and enhance overall performance. It involves leveraging advanced technologies such as warehouse management systems (WMS), radio frequency identification (RFID), and automated guided vehicles (AGVs), among others, to expedite various warehouse tasks. These tasks range from inventory management to order fulfillment. By digitizing key processes, your company achieves higher accuracy, visibility, scalability and cost savings.
For sustainable business growth, making the right decisions is crucial in our increasingly competitive business world. Therefore, because of its ability to give leaders powerful decision-making oversight and analytics, the stakes are even higher to choose the best Enterprise Resource Planning (ERP) software for your organization.
The manufacturing landscape is ever evolving, leaving companies to wonder about technology for reducing costs in manufacturing. Over the years, manufacturers have found innovative ways to reduce the costs of a company’s production processes while improving the quality of their products. Today, as manufacturers face new challenges and changing markets, digital transformation has emerged as a powerful tool to create healthy business operations, increase operational efficiency and reduce business costs.
The manufacturing landscape is ever evolving, leaving companies to wonder about technology for reducing costs in manufacturing. Over the years, manufacturers have found innovative ways to reduce the costs of a company’s production processes while improving the quality of their products. Today, as manufacturers face new challenges and changing markets, digital transformation has emerged as a powerful tool to create healthy business operations, increase operational efficiency and reduce business costs.
With major supply chain disruptions in the not-too-distant memory, leaders are wise to consider every option for more effective supply chain management (SCM). Robust, redundant, transparent and resilient are qualities that every manufacturer or distributor wants from the supply chain management process. And these qualities aren’t luxuries. They are crucial for your organization to stay competitive and meet customer demands. As reported in Supply Chain 24/7, “as the global pandemic, labor shortages and rising freight rates forced companies to rethink their supply chain management approaches in 2021, supply chain management (SCM) rose to the top as a way to cure at least some of these woes.”
