In the new now, distributors are challenged like never before: Supply chain networks remain exceptionally complex and unpredictable, competition is tougher every day and customer expectations are escalating. And, most important, margins are slim and getting slimmer.
Many companies start a selection project by asking the users what they need in a new system. This approach will miss key requirements needed for the business to succeed with its business plan. The business needs to be sure the business strategy is input and linked to the information technology strategy.
The post-COVID business environment is challenging distributors in ways they’ve never experienced. And a number of problems – the disruption of supply chains, forecasting difficulty and the pressing need to change the interface and interaction with customers – are forcing significant changes.
Forward-thinking distribution organizations always are on the lookout for ways to enhance supply chain management and improve core processes.. But the post-COVID business environment makes it more difficult than ever to make critical changes and succeed. What are today’s key areas for improvement?
The term “Industry 4.0” is a popular discussion topic in manufacturing forums. But what does the concept mean to manufacturers in real life?
To start, finding an agreed-upon definition of this concept is surprisingly elusive. According to Wikipedia, Industry 4.0 is “The on-going automation of traditional manufacturing and industrial practices, using modern smart technology.” But most industry experts will add to this, explaining how automation will allow for a never-before-seen ability to capture data, which, in turn will, unveil previously hidden truths and success paths that would otherwise not be identified.
Ultra client Zymo Research has received a 2021 Top Supply Chain Projects Award from Supply & Demand Chain Executive (SDCE) Magazine. Zymo Research was recognized for improving supply chain operations with an ERP modernization project for which we provided business process improvement, software selection and implementation management services.
