"Evaluating Your Cloud Migration Options: Which Path is Right for Your Business?" discusses the benefits of migrating to the cloud and provides guidance on strategic considerations for cloud migration.
The paper highlights the advantages of cloud-based enterprise software, emphasizing improved agility, reduced total cost of ownership (TCO), enhanced performance and scalability, faster innovation, simplified security and compliance, and increased technology adoption.
It outlines three strategic areas for cloud migration:
- Core Business Operations: Moving critical business functions like financial, operations, and supply chain management to the cloud.
- Key Business Processes: Focusing on specific business processes to balance risk and return on investment.
- Enterprise Analytics: Leveraging cloud data platforms to aggregate data and foster a data-driven culture.
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Topics: Cloudsuite Fashion & Apparel, Infor CloudSuite PLM for Fashion, Infor CloudSuite Fashion, ICCG, Infor Partner
The 2024 fashion forecast presents a cautiously optimistic outlook. Still, there is uncertainty among industry leaders due to various challenges affecting profitability and sustainability, such as economic slowdown, inflation, weak consumer confidence, and unsold inventory. To thrive in this environment, fashion brands must embrace technology, specifically automation and data-driven insights, to make robust decisions, improve operational efficiency and resilience, and navigate disruptions with agility. The future of fashion lies in the intersection of market needs and innovation. As 2024 progresses, fashion companies should focus on significant tech trends to enhance their competitive edge.
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Topics: AI, Fashion PLM, Cloudsuite Fashion & Apparel, Infor CloudSuite Fashion, Infor Partner, ML
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
The role of the CFO has changed dramatically over recent times and will continue to do so. The modern CFO is now emerging as a key enabler in creating a more ‘dynamic’ finance function that can react to ever changing demands from both internal stakeholders and external customer, suppliers and partners. In addition to the traditional responsibility of ‘managing the finances’ of the organisation, the CFO is now increasingly engaged with activities such as strategy formulation and business transformation projects.
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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
Business transformation projects are increasingly being undertaken to facilitate growth, reduce costs and increase competitiveness in a harsh global marketplace where only the organisations who continually evolve and innovate prosper. The finance function is not immune to this transformation process and can play a key role in its development and adoption.
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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
Chief Financial Officers need to play a leading role to ensure data security within an organisation. Potential threats are proliferating and the financial impact of a breach of data security can be substantial. Consider how your turnover and profitability would be impacted due to a data security breach which could potentially hold your organisation to ransom or prevent users from performing their day to day activities.
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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
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:
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Topics: Manufacturing, Food & Beverage, Small Business, Food Technology, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Infor CloudSuite Fashion PLM
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.
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Topics: Manufacturing, Food & Beverage, Small Business, Food Technology, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Infor CloudSuite Fashion PLM
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.
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Topics: Manufacturing, Food & Beverage, Small Business, Smart Factories, Food Technology, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Infor CloudSuite Fashion PLM
The fashion industry thrives on innovation. It’s what the consumer wants from us—something new, not just clones or replacements for worn-out items. New product introductions are critical to business success, but only half of them achieve the profit objectives set before launch. To improve the ratio of hits to disappointments, it is essential to listen to the consumer and collaborate with the supply chain.
The consumer sets the bar for value and the supply chain determines whether you meet or miss it. The next decade will call for significant materials and process innovations at both the micro (product) and the macro (enterprise, supply chain, and industry) level. If shorter, more frequent product introduction cycles were the only challenge… but they’re not. At strategic planning levels, the industry must figure out how to convert to more sustainable ways of doing business, starting with raw materials and research and development and expanding product lifecycle management practices to include recycling. At the operational level, rethink the way you work internally and collaborate with supply chain partners to eliminate waste throughout the value chain. If a process doesn’t add value for the consumer, don’t do it. Optimize the entire value chain and focus it on value creation. Innovations arise at every stage, when all the partners can see the value chain as a whole.
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Topics: Fashion & Retail, Distribution, Supply Chain, Fashion & Apparel, Cloudsuite Fashion & Apparel, Infor CloudSuite PLM for Fashion, Enterprise Software, Supply Chain Management