I told my team a few weeks ago that I have started learning Arabic. There were a few raised eye-brows and finally, “Why Arabic?” Well, Arabic is so far removed from all the other languages I have learned, and I needed a new challenge. And I can do this on my mobile using Duolingo.
Topics: ERP and Analytics, Education, Training and Certification, ERP Education, ERP and Data, ERP and Digitization
Topics: ERP and Analytics, ERP and Technology, Digital Business and ERP, ERP and Data, ERP and Digitization
There seems to be quite a lot of confusion around Cycle Counting vs. Stocktaking. So, before we discuss the importance of Cycle Counting, we will need to understand WHAT Cycle Counting is, and What Cycle Counting is NOT:
Traditional inventory audits or stock takes, involve counting all of the stock that the organization has on a particular date. Typically this is at the end of the year but can be monthly, depending upon the organization’s Stock Control Policy.
Topics: Business software, Inventory Management, ERP and Technology, ERP and Data, ERP and Digitization, ERP for Inventory
Nowadays, we take information technology (IT) for granted and simply expect it to be intuitive to use and for it to simplify our lives. IT enables our personal and business processes and actions to help us lead organized and effective lives. But the ins and outs are completely interconnected. You cannot have one without the other, and successful outcomes rely on what’s put in.
Topics: Business software, Technology (or Enterprise Technology), ERP and Analytics, ERP and Technology, ERP and Data, ERP and Digitization
ERP systems essentially integrate all the disparate functions within your business and overcome the so-called ‘silo mentality’ by creating a single, centralized data architecture. The ERP software collects, stores and manages data relating to business activities. The principal output of ERP software is business efficiency and cost-savings.
Topics: Business software, Technology (or Enterprise Technology), ERP and Analytics, ERP and Technology, ERP and Data, ERP and Digitization
If I had ever, in my youth, invented an acronym, I believe it would have been ‘GARR’. GARR represents the repetitive processes that countless financial workers have suffered through since the invention of…well…finance. Finance, almost by definition, requires attention to detail, and for a finance worker, the details are in the data. And if you rely on data, then somebody needs to GARR:
Topics: ERP and Financial Management, ERP and Analytics, ERP and Technology, ERP and Data, ERP for Finance
Topics: ERP systems, ERP for Manufacturing, ERP and Technology, ERP and Data, ERP and Digitization
In rapidly evolving markets, businesses today have no other option but to increasingly rely on data and analytics. Inundated with information, and the time is takes to correlate and gather multiple data can be tedious, often leading to errors. We’re only human after all. But with data warehouses, a company is provided with a practical, scalable solution.
Topics: Business software, ERP systems, ERP and Analytics, ERP and Data, ERP for Inventory
Digital transformation is achievable for all manufacturers.
A ‘DX’ strategy unlocks real value today and transforms your business for future success.
The problems that digitalization solves strike at the very heart of manufacturer’s challenges today. What is real and what matters right now is how technology can solve immediate problems. Manufacturers are under competitive pressure to deliver better goods at lower costs. They want to reduce costs and streamline processes in their supply chains and factories. At the same time, customers are asking for more unique features in the products they buy. Customization versus standard products are often difficult trade-offs with implications in design processes, production costs, and schedules.
Topics: Business software, ERP and Technology, Digital Business and ERP, ERP and Data, ERP and Digitization
Many SMEs experience growing pains as they attempt to make the transition from a small to medium-sized business. Our team at K3 Syspro spends much of its time talking to manufacturers about the challenges they face in scaling up their operations and explaining how building digital resilience is a key part of any growth story. A comprehensive ERP system is able to equip business leaders with a set of solutions to tackle the challenges ahead and business growth.
Topics: Business software, ERP for Manufacturing, ERP and Technology, ERP and Data, ERP and Digitization