Digital transformation is impacting all manufacturing and distribution businesses. No matter how complex their supply chain is, manufacturers must be able to respond faster to change, reduce excess inventory, and cut costs. Most importantly, manufacturers must deliver to customers what's been promised, and on time. To keep up with the pace of change requires an agile and modern ERP solution that is flexible enough to handle both the opportunities and challenges manufacturers face today— and tomorrow.
Infor M3 - Built-In Industry Specific Experience
Topics: Digital Transformation, ERP, Enterprise Resource Planning, M3
A Game Plan For Digital Transformation In Equipment And Rental Firms
Meeting customer expectations is harder than ever today. The bar has been raised. Many leaders in the equipment and rental business recognize that technology can help, but don’t necessarily know how to get started—so they don’t. In this paper, we break down the process into an easy-to-follow, step-by-step guide to help you integrate technology into every aspect of your dealership or rental firm. We can’t tell you what your strategy should be, but we can give you a game plan to help you get ready for the new digital economy you’re competing in.
Topics: Digital Transformation, Rentals & Equipment, Supply Chain
Seven Steps Toward Cloud Deployment For Equipment Rental Organizations
Topics: Digital Transformation, Rentals & Equipment, Supply Chain, CloudSuite Equipment Rental
Checklist For A Successful Digital Transformation For Equipment-Centric Companies
Topics: Digital Transformation, Rentals & Equipment, Supply Chain
The Top 5 Challenges F&B Manufacturers Are Facing Today
The high-level issues facing food and beverage manufacturers today might feel like the same challenges the industry has been dealing with for years, but the context in which these challenges exist have changed dramatically. Consumer demand for greater product innovation and transparency, ever-increasing quality and compliance pressures, tighter profit margins, new channel opportunities, and a dynamic workforce are just some of the factors that are shifting market dynamics to the point where food and beverage manufacturers need to take a fresh approach to how they do business.
In some cases, technology is driving the change; in other cases, technology offers the solution. In this changing environment, successfully managing growth and profitability depend on how well food and beverage manufacturers can evolve while embracing modern technology.
Topics: Digital Transformation, Food & Beverage, Food Technology, CloudSuite Food & Beverage
The F&B Industry Is Poised For Further Growth, And Technology Makes It Happen
For everything there is a season, as those in the food and beverage industry are keenly aware. In parts of the world, harvest season is here; for others, it is spring planting. And, as 2019 coasts through the 1st quarter, it is also the season for summarizing achievements and setting new goals. Eager to capitalize on the growth momentum, F&B companies continue their plans for 2019 budgets and are prioritizing the major initiatives for the coming year. With many game-changing innovations now available, companies should start early to strategize on the technology investments that will be key to seizing new opportunities.
Topics: Food & Beverage
Podcast: What's Keeping Retailers Up At Night?
On this episode of the Reinventing Retail podcast, Infor Retail SVP and GM Corey Tollefson joins Jenny Reese and Josh Calixto to discuss the rise of universal item catalogs, why “coopetition” between retailers is good for business, and what retail executives should be thinking about right now.
Topics: Manufacturing, Fashion & Retail, retail software
Smarter Strategies For Managing The Global Supply Chain
Over the past decade, businesses have increasingly relied on contract manufacturing and outsourced supply chain services to make and move the goods they sell. Today, $751 billion in goods are produced and imported from offshore trading partners into the US. Meanwhile, US logistics costs amount to nearly $1.15 billion—or 7.7% of the US GDP. Many manufacturers and retailers rely on a vast network of both production and logistics partners to keep the supply chain moving.
With so many dollars at stake, inefficiencies anywhere in the supply chain can have an impact on a company’s bottom line. Extra overhead at the top of the supply chain can easily cascade, affecting costs all the way down the supply chain. Which is why successful manufacturers and retailers are evolving the way they do business, rather than allowing problems to shift elsewhere in their supply chain network. Read on to learn what manufacturers and retailers can do today to help keep their entire end-to-end supply chain operating at peak efficiency
Topics: Supply Chain, Supply Chain Visibility, Supply Chain Agility
Podcast: The Evolution Of Product Lifecycle Management
The process of managing a product’s lifecycle has come a long way since the days of Excel spreadsheets. Or has it? In this episode of Supply Chain Radio, Stan Pryzbylinski, vice president of research at CIMdata joins Matt Gunn and Jenny Reese to discuss how PLM software has evolved in the world of manufacturing.
Topics: Manufacturing, Fashion & Retail, PLM, retail software
Podcast: Keeping The Supply Chain Running In A World Of Rapid Change
To err is human. To keep the global supply chain running, divine. Supply chain risk isn’t limited to black swan events like fires, floods and hurricanes. Many of the challenges businesses face are the result of human factors as well. Whether it’s something caused internally, or big changes to policies and regulations (Brexit, U.S.-China tariffs, etc.), these man-made issues can be just as disruptive as the largest storm.
In this episode of Supply Chain Radio, Matt Gunn and Guy Courtin discuss the human element of disruption, and how businesses are working to keep the supply chain running through unexpected turns of events.
Topics: Fashion & Retail, Fashion & Apparel, retail software, Converged Commerce