At a recent Footwear Workshop organized by the American Apparel & Footwear Association (AAFA), industry leaders and experts discussed key themes and supply chain challenges in the footwear market. At this event, industry leaders highlighted the need for brands to address multiple challenges like supply chain visibility, traceability, compliance, and sustainability. Here are some other key themes:
The food and beverage industry is undergoing fundamental changes in how consumers buy and what they want to know about the products. At the same time, the industry faces an increased focus on healthy eating by consumers, companies, and governments. Adding to this is a rapidly changing competitive environment with a proliferation of new channels, producers, and products that compete with established brands and outlets.
If these challenges weren’t already enough, today’s companies are also facing unprecedented changes that stress innovation, business model evolution, and supply chain agility. Having the right products with the right content and characteristics, and the right information clearly displayed is necessary. But even all that isn’t enough to guarantee success. The products must also be positioned in the right places at the right time for customers to be able to buy—and that’s the job of the supply chain.
To keep up with all of this, an effective food and beverage supply chain must be fully in sync with the consumer through technology-enabled sensing to satisfy multiple channels with seamless visibility and fulfillment.
Even when your warehouse operations seem to be running smoothly, there is always room for improvement and a need to stay up to date with innovation. While steps are taken to keep warehouse operations at peak performance, when fulfilment times and levels are jeopardized, it’s still up to you and your team to race to recover, to ensure actions to get back on track are taken correctly so that product can make its way out the door, and time is always working against you.
If your organization previously reviewed and dismissed the value of moving your warehouse management system (WMS) to the cloud, it’s time to reevaluate. Decisions that seemed to make sense last year or even last quarter, likely look very different with new challenges emerging over the past several months. By empowering critical systems like a WMS with cloud capabilities, your organization can scale quickly, maximize productivity, and minimize outages and downtime to prevent bringing the company’s mission-critical operations to its knees.
Topics: Digital Transformation, ERP, Manufacturing, Distribution, Rentals & Equipment, Warehouse Management Systems, Fashion & Apparel, Industrial Manufacturing, Digital Manufacturing, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS
Warehouse management systems (WMS) are essential for efficiently managing the operations of a warehouse. These systems can help streamline processes, optimise inventory levels, and improve accuracy. However, by ensuring your WMS can exploit hyper-automation, your WMS can be enhanced to deliver even more value while continuing to lower operational costs.
So, what do we mean by hyper-automation?
Hyper-automation can be defined as the combination of advanced technologies such as artificial intelligence, machine learning, and robotics to automate and optimise tasks that were previously done manually. By leveraging these technologies, businesses can significantly improve the efficiency and accuracy of their operations while also reducing their labour costs.
One of the main benefits of hyper-automation is that it can significantly enhance the efficiency and accuracy of warehouse operations. For example, by using robotics to automate the process of picking and packing, businesses can significantly reduce the time it takes to fulfil orders while also reducing the risk of errors. Similarly, by using artificial intelligence to analyse data and make decisions, businesses can make more accurate and informed decisions about inventory management, such as when to reorder stock and how much to order.
Furthermore, hyper-automation can also help businesses optimise their warehouse layouts and processes. By analysing data on the volumetrics, demand and movement of goods within the warehouse, artificial intelligence algorithms can identify inefficiencies and recommend changes to improve the flow of goods taking “slotting” as was and putting it on steroids. This can help businesses reduce the time it takes to move goods through the warehouse and double-handling, which can in turn increase the speed of order fulfilment and reduce the risk of errors.
Behind all the glitz and glamour fashion brands still have a business to run. It’s clear that in 2023 the back-office and supply chain is in the spotlight when it comes to delivering new and improved customer experiences and meeting expectations around sustainability and product provenance.
Smart factories represent the next frontier in operational performance, combining human ingenuity, advanced technologies, and data-driven insights. At the heart of this transformation lies data and its analysis. Data is the lifeblood of a smart factory, and its exponential growth necessitates a viable conduit to ensure seamless flow.
The distribution industry has been around for quite a long time and can sometimes be slow to change. For those that may be resistant to change it is best to look at emerging technologies as tools you can use, like a forklift. You wouldn’t think of trying to move pallets around a warehouse without using forklifts, yet some in our industry remain skeptical about new technology. Emerging technologies in the distribution industry are transforming the way goods are transported and delivered. These innovations are making distribution processes more efficient, cost-effective, and sustainable.
Secure the future of food and beverage manufacturing through business innovation
Join ICCG on May 23-24 at Infor Food & Beverage Connect in Chicago for a community gathering of food & beverage industry leaders and Infor customers with an emphasis on education, consultation, and mutually beneficial connections to draw our community of customers and peers together.
Attendees will have access to:
- Uncover the innovations shaping the future of the industry
- Attend educational workshops centered on industry-specific business challenges
- Network with fellow food & beverage industry leaders
Getting products to market faster, improving design efficiency, and lowering the cost of new product introductions
are strategic goals that nearly all discrete manufacturers strive for. Infor PLM Discrete can help you accomplish these goals by providing you with a product lifecycle management (PLM) solution that can seamlessly integrate with your enterprise resource planning (ERP) and computer-aided design (CAD) systems.
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Infor Optiva is a cutting-edge technology that enhances the Product Lifecycle Management product suite for process manufacturers. This tool is for process manufacturers looking for a competitive edge that will make them more efficient and provide the much-needed advantage for getting their products to market faster and more cost-efficiently. It allows companies to become more agile and responsive to customers, and their product performance will increase.
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