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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

When Networks Bring People Together, Progress Happens

Posted by Harriet Schneider on Jan 19, 2021 8:00:00 AM

The International Finance Corporation (IFC), the World Bank’s private sector arm, set out to provide relief to businesses in emerging regions as the 2020 pandemic roiled global markets. Stephanie von Friedeburg, MD and COO of the IFC, looks back on the year in a recent podcast where she reflects the following:

“There's been a substantive hit on supply chains, trade shocks. And so our trade finance business, which has always been a core of our business, has grown very substantially. And we've seen it in the poorest countries in particular, where we know that we need to continue to keep trade flowing. So we've seen an increase in trade finance in that relief piece. We've also seen many of our existing clients needing working capital and needing liquidity, and we believe it was important for us when we typically don't do a lot of liquidity or working capital, but important for us to step in and help our existing clients to withstand the crisis, keep them solvent so that when we come out of the crisis, we can rebuild faster and better.”

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Topics: ERP, Manufacturing, Supply Chain, Supply Chain Network, Infor M3 ERP, Enterprise Software, Retail Supply Chain, Supply Chain Operations, WMS, Supply Chain Management

Is It Time For An Enterprise Software Update? Part 4-Ensure Success

Posted by Harriet Schneider on Apr 27, 2020 8:00:00 AM
 
 

A Panel Discussion on how to ensure success of your Enterprise Software Update/Upgrade

Updating your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 30, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual panel discussion as we focus on what are the critical success factors for ensuring you successfully manage the update/upgrade of your Enterprise Software

REGISTER NOW

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is It Time For An Enterprise Software Update? Part 3-Ensure Success

Posted by Harriet Schneider on Apr 17, 2020 8:00:00 AM
 
 

A Panel Discussion on how to ensure success of your Enterprise Software Update/Upgrade

Updating your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 23, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual panel discussion as we focus on what are the critical success factors for ensuring you successfully manage the update/upgrade of your Enterprise Software

REGISTER NOW

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is It Time For An Enterprise Software Update? Part 2-Learn The Signs.

Posted by Harriet Schneider on Apr 13, 2020 1:52:11 PM
 
 

A Panel Discussion on How To Learn the Signs

Updating your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 16, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual panel discussion as we focus on understanding the signs to update to your Enterprise Software.

REGISTER NOW

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is It Time For An Enterprise Software Upgrade? Part 1-Learn The Signs.

Posted by Harriet Schneider on Apr 2, 2020 8:00:00 AM

Upgrading your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 9, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual seminar as we focus on learning if it's time for your ERP System upgrade.

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Biggest Supply Chain Challenges Chemical Manufacturers Face – Part 2

Posted by Harriet Schneider on Feb 25, 2020 8:00:00 AM

In part one of this post we explored how to manage supply chain complexities and unpredictability. In this second part, we’ll help ensure chemical manufacturers don’t fall into a pattern of bad planning and skillfully anticipate seasonality.

To operate at its peak an enterprise needs to face and recognize the top trends that are reshaping manufacturing. Understanding these trends is the first step toward initiating a digital transformation. You can then take the additional steps designed to solve your business’ current problems, start showing value immediately, and help evolve a stronger business strategy.

Supplier seasonality and promotions

Thankfully, not everything about supply and demand is unpredictable—materials in the supply chain in various parts of the world follow their own, reasonably predictable seasonal patterns. For instance, cotton prices from India (the largest producer of cotton in the world, according to Statista) plunge when the harvesting begins in November, and stay low though when harvesting ends in March of the following year. This, obviously, has a significant impact on the fiber-garment industry.

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Topics: Manufacturing, Chemical, Supply Chain, CloudSuite

Supply Chain Management: What’s Next For Food And Beverage — Part 2

Posted by Harriet Schneider on Feb 18, 2020 8:00:00 AM

In part one of this post we discussed the smartest ways to gain global visibility and respond to volatility in a food and beverage supply chain. And here in part two we will cover how to embrace the best technology. Addressing these key challenges can have a profound and positive impact on your entire supply chain—from procurement to manufacturing to delivery.

Embrace the best technology

When you're looking at building a better foundation to address the challenges you may be facing within your overall organization, there's a number of solutions to consider. These aren't necessarily always the options that fall into what you’d expect to be a supply chain solution, but they all overlap within your overall supply chain and will help drive effectiveness and efficiency.

The first example is formula management. Many companies want to ascertain that it’s creating the right products for the right country as there may be limitations from a global perspective of where you can sell a product. Trying to manage this manually is challenging. Being able to respond to inquiries from customers and prospects around the globe requires quite a robust formula management solution.

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Topics: Manufacturing, Food & Beverage, Supply Chain, CloudSuite Food & Beverage, CloudSuite

Supply Chain Management: What’s Next For Food And Beverage — Part 1

Posted by Harriet Schneider on Jan 30, 2020 8:00:00 AM

Food and beverage companies have long struggled with the unique requirements of shelf life management, complexities of batch scheduling, traceability, and many other factors. In addition, uncertainties around tariffs, sustainability initiatives, and growing regulations are some of a multitude of dynamics that will surely add even more complexity to the mix. Many of these issues and trends can have profound impact on your entire supply chain—from procurement to manufacturing to delivery.

In a recent Infor-sponsored webinar, Mike Edgett and Christine Barnhardt discussed a number of challenges as it relates to supply chain complexities in the food and beverage industry. In the webinar, we segmented the challenges into three buckets; gain global visibility, predict and respond to volatility, and embrace the best technology.

In part one of this blog post we’ll briefly go through the first two categories and part two will cover how to harness the finest technology. Click to watch the on-demand webinar for a deeper dive.

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Topics: Manufacturing, Food & Beverage, Supply Chain, CloudSuite Food & Beverage, CloudSuite

Biggest Supply Chain Challenges Chemical Manufacturers Face – Part 1

Posted by Harriet Schneider on Jan 28, 2020 8:00:00 AM

To stay competitive in today’s chemical industry, manufacturers must sustain a high level of operational productivity. Moreover, current issues like rapid commoditization, complex supply chains, aging assets, and increased need for dynamic operations planning make it more demanding than ever before to achieve the level of productivity that drives differentiation and innovation. Manufacturers often become locked into patterns where they’re implementing shortsighted cost-cutting measures that can adversely affect operational productivity and decrease overall market responsiveness.

To ensure you don’t fall into these traps, it’s vital that you not only understand the industrial challenges you face, but also recognize the top trends that are reshaping manufacturing. Gaining this knowledge is the first step toward building a foundation of digital transformation.

This blog post is a helpful summary of the top challenges a supply chain faces today. If you’d like to learn more about how to turn these obstacles into opportunities, please read Infor's recent executive brief for an even deeper dive into the topic.

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Topics: Manufacturing, Chemical, Supply Chain, CloudSuite

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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