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Three Ways The World Of Work Has Improved Due To The Pandemic

Posted by Harriet Schneider on Feb 25, 2021 9:30:00 AM

While it would be easy to reflect on 2020 as a disastrous dumpster fire of a year, the reality is that the pandemic has changed the workplace for the better. And many of these modifications are likely to be permanent. This is undoubtedly difficult to appreciate from our current vantagepoint, but by the end of 2021 we will likely witness the seeds sown during the crisis begin to bear sustainable fruit. In fact, you can already observe alterations that have had almost universal impact regardless of industry or geography.

Redefining workplace norms

The last 50 years of work have been defined by predictable patterns involving who is doing the work, where it occurs and when it happens. While these standards have been impacted by technological advancements, demographic shifts and emerging social norms, COVID-19 has accelerated the arrival of new ways of working. While most organizations initially resisted the inevitable reforms that accompanied the crisis, virtually all of them eventually accepted that work can be done anywhere, anytime and by almost anyone.

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Topics: ERP, Manufacturing, Food & Beverage, Distribution, Rentals & Equipment, Supply Chain, Fashion & Apparel, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS, Supply Chain Management

Fostering Supply Chain Maturity Into Digitized Ecosystem In The Cloud

Posted by Harriet Schneider on Feb 23, 2021 9:30:00 AM

The evolution of supply chain business models has been accelerated by unprecedented disruptions. As a result, there has been a clear shift from analog supply chains models of the past into a trajectory towards a digitalized ecosystem. These new business models recognize and necessitate the move to a digital and integrated supply chain that provides visibility and ease of use for consumers.

This journey is about moving towards a world where all parties participating across your network are connected to a single version of the truth. Supply chain thinking is shifting from ‘linear supply chains’ to ‘supply chain eco-systems’ propelled and supported by digital technologies.

Gartner has established a five-stage model of the journey to supply chain maturity, ranging from manual, analog systems to a fully digitalized ecosystem. Key differentiators along this evolutionary chain include consideration of data and collaboration, with the ultimate goal of integrating data across multiple systems to achieve a fully connected ecosystem that provides transparency and visibility for your company both internally and externally.

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Topics: Manufacturing, Distribution, Supply Chain, Supply Chain Network, CloudSuite, Enterprise Software, Supply Chain Operations, Supply Chain Management

Why Are Leading Restaurants Giving Up Control To Their Customers?

Posted by Harriet Schneider on Feb 11, 2021 9:00:00 AM

Restaurant and food services organizations have adapted their services in recent times by investing in cloud-based restaurant point of sale and its capacity to integrate across locations with emerging technology. A big trend within that has been in POS integrations with mobile and self-serve solutions that allow guests to manage their own orders. This is particularly pertinent in an era of social distancing. But even before that became central to how restaurant and food service organizations engage with guests, the modern restaurant guest sought out channels where they can manage the details of their orders themselves in favor of the traditional staff-operated POS terminal. That trend was driven by how culture and technology converged.

Self-directed ordering is particularly relevant now when minimizing contact is so important to feeling safe and secure when interacting with brands. The organizations that are winning right now are embracing that by giving up control over managing the details of an order and leaving it to those who know about those order details better than anyone – the guests themselves. What kinds of benefits does this trend represent for the restaurant and food service industries in this era of change? What does it mean for organizations ahead in the 2020s? Let’s take a look.

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Topics: Food & Beverage, Distribution, Supply Chain, Food Technology, CloudSuite Food & Beverage, Enterprise Software

Future-Proofing The Fashion Value Chain

Posted by Harriet Schneider on Feb 9, 2021 9:30:00 AM

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

Why Are Restaurants And Food Services Investing In The Cloud?

Posted by Harriet Schneider on Feb 4, 2021 9:00:00 AM

Our recent era has tested the restaurants and food services industries to be flexible, adaptive, and more aware that being able to anticipate what’s to come is a vital component for staying competitive in the present. It’s also taught the industry that that status quo and the legacy systems that prop up outdated assumptions work directly against those efforts. A movement towards digitalization that has been happening over the last few years and embraced by restaurant and foodservice industry leaders has helped businesses to build a solid foundation for success.

Cloud infrastructure, SaaS, and cloud technology for restaurants and food services deployed to all brand locations has helped organizations to address the seismic shift that the industry is facing right now. How has this technology done this? How do the challenges and successes of the present point the way to resilience in the future? Let’s take a look.

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Topics: Food & Beverage, Distribution, Supply Chain, Food Technology, CloudSuite Food & Beverage, Enterprise Software

Why Supply Chain Digitization Is No Longer Optional

Posted by Harriet Schneider on Feb 2, 2021 10:39:42 AM

In a data-driven world, navigating the challenges of today’s supply chains requires an unprecedented level of agility. This calls for supply chain tools that deliver network-wide trading partner connectivity to enable real-time visibility, demand and supply planning, and production scheduling insights.

Fortunately, modern tools deployed in an organization’s technology stack can digitally transform the supply chain, revealing new opportunities for innovation across the entire network.

At the same time, automation and advanced analytics delivered in a digital environment can synchronize production and distribution activities to match demand.

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Topics: Manufacturing, Distribution, Supply Chain, Warehouse Management Systems, Enterprise Software, WMS, Supply Chain Management

Supply Chain Finance Was A Lifeline For Many In 2020

Posted by Harriet Schneider on Jan 28, 2021 10:23:56 PM

B2B transaction data from the Infor Nexus network shows a major shift in supplier payment terms following the onset of COVID-19 in March of 2020. In the first three months of last year, the majority of payment terms were 30-45 days. In March, 66% of all orders were on terms less than 60 days.

By July, the buyer-supplier payment dynamic had completely flipped, with 65% of orders on terms greater than 60 days. This trend continued throughout the year with 60 day, 90 day, or even longer payment terms in place as buyers moved to preserve their own capital. As a result, many suppliers found themselves in need of a lifeline. For many buyers and suppliers, supply chain finance programs became that solution, removing risk and stress from supply chains by ensuring suppliers access to early payment.

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Topics: Manufacturing, Distribution, Supply Chain, Supply Chain Network, Enterprise Software, Supply Chain Operations, Supply Chain Management

The New Face Of Competition For Wholesale Distributors

Posted by Harriet Schneider on Jan 26, 2021 9:00:00 AM

The competitive landscape of the wholesale distribution industry is fiercer than ever before. With brand-new, internet-based distributors of all sizes seemingly popping up as quickly as mergers and acquisitions are building new distribution powerhouses, the competition just keeps getting more intense. Adding to the mix are an increasing number of manufacturing companies that are selling direct to retailers and offering online shopping options for consumers, bypassing distribution companies entirely. And let’s not forget the impact big box stores and e-tailers can have on the distribution channel as they leverage their purchasing power, large retail networks, and extensive B2C experience.

Of course, no discussion about distribution competition is complete without addressing the elephant in the room, Amazon® Business. With the ability to sell millions of SKUs with flexible shipping options at low price points, Amazon is setting a high bar for customer expectations. Amazon is very good at responding to how buyers buy today by offering a powerful customer experience that uses modern technologies, such as artificial intelligence (A.I.) and data science.

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Topics: Manufacturing, Distribution, Supply Chain, Warehouse Management Systems, Enterprise Software, WMS, Supply Chain Management

Conquering Cost Complexity, Customer Demand With Warehouse Management

Posted by Harriet Schneider on Jan 22, 2021 10:06:54 AM

Rising costs, increasing complexity, growing customer demands, and expanding global supply chains are all intrinsically linked challenges that manufacturers and distributors face on a daily basis. Meanwhile, expanding omni-channel markets are forcing manufacturers and distributors to not only change how they sell to customers, but also redefine who their customers are. And customers are exerting even further
pressure with demands for customization and personalization of products.

Global expansion adds to the challenge of maintaining visibility into inventory, shipping, and tracking—often across borders, continents, and oceans. In addition to making sophisticated warehouse operations even more complex, this all makes it difficult for manufacturers and distributors to remain competitive, keep costs down, and maintain profitability. Ineffective order management, excessive labor costs, and inefficient asset use just exacerbate the problem. To tackle these challenges, manufacturers and distributors must reconsider how their warehouse management practices, processes, and systems need to change in order to improve warehouse productivity, visibility, and costs.

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Topics: Manufacturing, Distribution, Warehouse Management Systems, Enterprise Software, WMS

ICCG Launches 532nd Go-Live M3 Implementation.

Posted by Harriet Schneider on Apr 30, 2019 8:00:00 AM

Interested in 30%+ process gains? 11%+ EBITDA improvements? 98%+ same day shipping? 100% automated order to ship? See Why CloudSuite M3 is right for you. We just launched our 532 Go-Live for a leading fashion/apparel customer. 

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Topics: Distribution, Infor M3, Chemical, M3, Cloudsuite Fashion & Apparel

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

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