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Optimizing the Potential of Inventory Management

Posted on 30 January 2013 by Simon Griffiths

Optimizing the Potential of Inventory Management

Many organizations, regardless of industry sector or geographical location, find themselves in a comfort zone when it comes to managing their inventory. A high percentage continue to use Material Requirements Planning (MRP), and some even use spreadsheets for their planning, despite having expensive systems in place. The problem is that MRP was developed at a time when businesses could use static demand forecasts over an extended time period to allow for long production runs. In the modern world, long runs are rare and demand can be highly variable.

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Topics: Business Strategy, Business improvement, Inventory management, Business software, Inventory Optimization

ERP Systems Can Help Small Companies, Too

Posted on 23 January 2013 by Steve Bassaw

ERP Systems Can Help Small Companies, Too

People often assume that ERP systems are only for larger companies. But, consider this - if you run a small or medium sized business, do you lie awake at night worrying about the following things:

  • Is there a way to improve our inefficient processes?
  • Can we grow without growing pains?
  • Will the business remain viable or successful in the long term?
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Topics: Business Strategy, small-medium business, Business software, ERP, business needs

 

Defining and Managing Project Scope

Posted on 10 January 2013 by Cathie Hall

When people talk about the three critical factors of projects, they refer to scope, time and cost. It is well documented that you can’t change one without impacting the other two, yet it still seems to come as a surprise when a change in scope delays a project or increases the cost.

One of my early mentors in project management used to drum into me the importance of scope management. “Where’s the scope documented?” would be the first response whenever you went to her for advice.

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Topics: Business Strategy, project ownership, project scope, Project management, ERP Implementation

The Changing Role of the CFO

Posted on 22 November 2012 by Phil Duff

In a recent article by Paul Taylor in the Financial Times, he discusses the changing dynamics of the C-suite. He looks at the strong trend towards collaboration among roles as opposed to the multiple silos that we have seen in the past. Taylor talks to how CIOs, who have in the past focused primarily on IT, now need to be well-versed across a myriad of business responsibilities. In turn, the CEO and CFO need to understand IT and its role in the company.

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Topics: SYSPRO, Business Strategy, Executive Responsibilities, CFO, ERP, business needs, Accounting

Managing Governance and Compliance

Posted on 14 November 2012 by Simon Griffiths

Ten years ago, in 2002, a law was passed in the US Congress that has had a lasting effect on business. The law was Sarbanes-Oxley (SOX) and introduced sweeping changes to financial reporting. Other countries followed suit, and now wherever you go the regulatory requirements for governance and compliance reporting have continued to grow. This includes other areas of businesses as well, including: manufacturing, supply chain, product quality and safety.

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Topics: Business Strategy, SYSPRO Workflow Services, Governance and Compliance, SYSPRO Process Modeling, ERP

The Problem Solving Mindset

Posted on 8 November 2012 by Louise Thompson

The power failures caused by Hurricane Sandy in the USA made me think about all the things that can go wrong for a business, including the less obvious problems, when there is a power failure; and how important it is to be able to think and act quickly. In fact it reminded me specifically of a recent incident in SYSPRO and how some quick thinking solved what may have been a much bigger problem.

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Topics: Business Strategy, problem solving, ERP, business needs

Delivering Value

Posted on 25 October 2012 by Cathie Hall

When I read a recent SYSPRO blog The Grace of Change, about a Seeker of Value, one customer immediately sprang to mind: Westlands Horticulture. A fast growing business, both organically and through acquisition, they always seem to be involved in one project or another with K3 SYSPRO. Finbarr McNamee, in his role as Group IT Manager is certainly the Seeker of Value within Westlands Horticulture. He engages with the business and gets to grip with the real business need, helping others find new, smarter and more effective ways of doing things. Finbarr drives the change through the organization in several ways.

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Topics: Business Strategy, continuous improvement, project ownership, Project management, ERP Implementation, seeker of value

The Rise of the Social Enterprise and its Impact on ERP

Posted on 3 October 2012 by Wouter Combrinck

The world of technology is no longer just reserved for ‘techies.’ Consumer technology now spearheads the technologies which businesses later adopt. Clever user interfaces (UI) and good-looking hardware has also resulted in users building emotional bonds with hardware, such as their smartphone or tablet – something which was unheard of not so long ago.

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Topics: Business Strategy, Social enterprise, Business software, social networking, ERP, Social Media

The Challenge of ERP

Posted on 12 September 2012 by Cathie Hall

I have spent many hours over the past few weeks running around the countryside in preparation for three running challenges I signed up for earlier this year. Firstly, The Three Peaks Challenge, a team from K3 SYSPRO will be taking on the highest mountains of Scotland, England and Wales, raising money for Cystic Fibrosis. Secondly, The Great Langdale Marathon 2012, and thirdly, The Wall Run – an ultra-marathon, taking place in June 2013.

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Topics: Business Strategy, business process, Project planning, ERP, Project management

The Social Enterprise – The Newest Tool for Manufacturers and Distributors?

Posted on 4 September 2012 by Erin Schlee

As the Social Media Specialist for SYSPRO USA, I am always on the lookout for new trends and updates in the social media world, especially how these trends impact the manufacturing and distribution industries. I’m a firm believer that Social Media is one of the greatest tools a company can use for engagement with customers and consumers. I once had a colleague here ask me if I think organizations will ever adopt social media as a way for employees to communicate internally.

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Topics: Business Strategy, Manufacturing, Supply chain, Social enterprise, Enterprise 2.0, Business software, ERP

 

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