In this article, Infor's Jerry Beaston discusses how 2024 warehouse management trends include the expansion of more strategically located, state-of-the-art warehouses driven by the e-commerce boom.
It also highlights key trends in the global warehouse management market. As of 2022, the market is valued at $3.4 billion and is expected to grow at a CAGR of 19% from 2023 to 2030. The e-commerce boom has driven demand for advanced warehouses to meet evolving customer expectations. Key trends for 2024 include the expansion of warehouses, addressing labor shortages through automation, increased adoption of AI and machine learning, integrating immersive tech for employee efficiency, the impact of IoT on real-time data analysis, and the rise of cloud computing in warehouse management software. Companies that embrace these innovations will gain a competitive advantage in 2024.
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Topics: ERP, Supply Chain, Warehouse Management Systems, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management, Infor Partner
Choosing a successful ERP system for the flooring manufacturing industry involves considering industry-specific needs and challenges. Which are the top factors to focus on when selecting an ERP system for a flooring manufacturing business? We recommend starting with these:
Industry-Specific Functionality:
Look for an ERP system that offers features tailored to the flooring manufacturing industry. This may include modules for product lifecycle management, batch processing, quality control, inventory management (including tracking of raw materials like wood, tiles, etc.), and order management.
Material Requirement Planning (MRP):
MRP functionality is crucial for managing and planning the procurement of raw materials. Ensure that the ERP system can assist in optimizing material usage, managing inventory levels, and minimizing waste.
Product Configuration and Variants:
Flooring products often come in various sizes, styles, and configurations. Choose an ERP system that supports product configuration and handles variants efficiently. This is essential for managing different product lines and accommodating customization requests.
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Topics: ERP, Infor M3, Enterprise Resource Planning, Infor M3 ERP, Infor PLM, Flooring Industry
Are you struggling to choose the right ERP software solution for your business? At ICCG, we know that selecting the right ERP system can make all the difference in the success of your business operations. When evaluating ERP solutions for the food and beverage industry, it is essential to consider key selection criteria such as:
- Ease of use: A user-friendly ERP system can help you increase productivity, reduce training costs, and improve user adoption rates. Look for an ERP solution with an intuitive interface, customizable dashboards, and role-based access controls.
- System customization capabilities: Every business has unique requirements, and it is essential to select an ERP system that can be customized to meet your specific needs. Look for an ERP solution with a flexible architecture, open APIs, and a robust third-party ecosystem.
- Data security features: Protecting your sensitive business data is critical, especially in the food and beverage industry, where data breaches can result in severe reputational damage. Look for an ERP solution with robust data security features, including encryption, access controls, and regular data backups.
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Topics: ERP, Food & Beverage, Infor M3, Enterprise Resource Planning, Infor M3 ERP, ERPSelection, MidMarket, ICCG
Our whole team wishes you great joy and happiness this holiday season. May the upcoming year be full of new achievements that will bring you great success. Happy New Year 2024!
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Topics: Seasons Greetings, Happy Holidays
Since 1988, ICCG has provided innovative information technology solutions, always with an eye on the changing market and technological horizon. ICCG’s top-notch professionals offer complete application and IT infrastructure services and support to meet key business needs. Our long-time global customers continue to rely on us to satisfy their diverse and growing business needs. New customers are choosing ICCG for a variety of reasons. Chief among them are:
A Customer First Approach.
Precious. Unique. Valuable. In today’s ever-changing marketplace, there are two kinds of customers: Precious or Previous. At ICCG, we prefer the former. And that’s how we treat them. Our customers are precious as well as unique and valuable.
In 30+ years of business, we’ve worked with more than 100 customers worldwide – committed to their success. Dedicated to a long-term relationship. That’s our promise and commitment.
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Topics: ERP, Distribution, Supply Chain, Supply Chain Visibility, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, Supply Chain Operations, Supply Chain Management, Infor CloudSuite M3, Infor CloudSuite ERP
As organizations begin to face post-COVID economic recovery, they’re finding that the new normal requires a new breed of software. Outdated solutions with layers of modifications and patched applications have become tangled webs, trapping organizations in decades-old processes.
Yet organizations know they need to update their solutions to stay relevant. During the global pandemic, we learned some difficult lessons about supply chain vulnerability that no one wants to repeat. We also learned that remote workers can still be productive if they have the proper tools in place. Now, more than ever, organizations are reexamining how work gets done and how processes can be streamlined. Automation is often the answer, and cloud computing offers the ideal platform under which this transformation can take place and even thrive.
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Topics: ERP, Distribution, Supply Chain, Supply Chain Visibility, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, Supply Chain Operations, Supply Chain Management, Infor CloudSuite M3, Infor CloudSuite ERP
While sound supply chain management principles can apply to practically every organization, each supply chain is as unique as the businesses it supports. Every supply chain must include its unique blend of elements, such as product mix, go-to-market objectives, and supplier management strategy that best fits its markets.
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Topics: ERP, Distribution, Supply Chain, Supply Chain Visibility, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, Supply Chain Operations, Supply Chain Management, Infor CloudSuite M3, Infor CloudSuite ERP
Industry analysts sometimes squabble over the pros and cons of single-tenant versus multi-tenant deployment. While single-tenant deployment may have been a viable solution for some organizations recently, multi-tenant deployment offers numerous benefits for organizations looking to modernize their operations. As a true cloud-based platform, multi-tenant deployment can provide vast storage, speedy implementation, and advanced security capabilities.Multi-tenant vs single-tenant cloud deployment
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Topics: ERP, Distribution, Supply Chain, Supply Chain Visibility, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, Supply Chain Operations, Supply Chain Management, Infor CloudSuite M3, Infor CloudSuite ERP
Whilst ERP (Enterprise Resource Planning) is the business management tool used across the organisation, a manufacturing execution system (MES) software is exclusively designed to be used in the factory environment to orchestrate, trace, record, and monitor the entire manufacturing process, from raw materials to semi-finished and finished goods.
Positioned as an intermediary layer between Enterprise Resource Planning (ERP) and process control systems, an MES empowers decision-makers with crucial data, enabling them to enhance plant floor efficiency and optimize production.
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Topics: ERP, Distribution, Supply Chain, Supply Chain Visibility, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, Supply Chain Operations, Supply Chain Management, Infor CloudSuite M3, Infor CloudSuite ERP
Just as companies must transform to meet today’s challenges, the software vendors they rely on must also mutate their products to become a better fit for the next generation of organizations. And that’s happening with ERP. From my perspective, here are the seven ways ERP is evolving, along with my tips for selecting an ERP vendor.
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Topics: Manufacturing, Food & Beverage, Small Business, Big Data, Food Technology, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Infor CloudSuite Fashion PLM, Security & Compliance, data security