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.
Read More
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
1. Are we organizationally ready for significant change?
Organizations are only as good as their people, and manufacturers must look carefully at whether they have the right people and culture to support a different way of doing things. It is the people who will be responsible for implementing change, and they should be ready, committed, and on board with any type of transformation plan.
An organization’s culture can make or break a digital transformation project and “organizational change management” is one of the key components of such a project. Organizations should aim for an inclusive culture where people feel like they are key contributors to the company’s future success.
To achieve this, management teams should encourage a culture of openness to help employees step forward with their ideas. All change, and all transformation, starts with an idea – so it’s important for people to feel empowered to put their ideas out in the open.
Read More
Topics: Digital Transformation, ERP, Manufacturing, Distribution, Rentals & Equipment, Supply Chain, Fashion & Apparel, Industrial Manufacturing, Digital Manufacturing, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS, Supply Chain Management
With spring just around the corner and rising hope that the vaccination rollout will eventually bring some relief to restrictions, it is time to start thinking about how the world of work should move forward. While the pandemic forced us to adopt new ways of working, we have learned some valuable lessons in the last year that should not be quickly forgotten. In fact, some of these new strategies should continue long after the crisis subsides as we have come to the realization that the workforce, the workplace and work itself will never be the same. Here are three concepts to consider as you plan for the future.
Read More
Topics: ERP, Manufacturing, Supply Chain, Supply Chain Network, Infor M3 ERP, Enterprise Software, Retail Supply Chain, Supply Chain Operations, WMS, Supply Chain Management
Cloud technology in the hospitality industry is changing the way that hotels, resorts, and gaming organizations serve guests. The deciding factor to success is in how simple it is for a guest to get what they want from a hotel via their own personal devices even before they arrive at a location. Essential mobile-based technology enables them to book a room, to set arrival times, to upgrade a room, add services, and more, all without necessarily having to make contact with staff.
That call for contactless solutions delivered via cloud PMS is a priority for the industry right now. This is for convenience reasons. Yet it also has social implications in an era of maintaining distance and limiting contact. How do cloud-based solutions make that easier than legacy on-premises solutions? Let’s take a look at some of the details.
Read More
Topics: ERP, Food & Beverage, Distribution, Supply Chain, Supply Chain Visibility, digital disruption, Enterprise Resource Planning, Food Technology, CloudSuite Food & Beverage, Enterprise Software, Retail Supply Chain, Supply Chain Operations, Infor CloudSuite M3, Infor CloudSuite ERP
Digitizing core processes in combination with trading partner connectivity, helps supply chain leaders increase responsiveness and adaptability. As more organizations look to remove manual tasks from their operations, the ability to update suppliers and trading partners in real-time allows supply chain processes to become more efficient. Here are three scenarios where moving to a network platform have helped companies generate additional value across their supply chain.
- A footwear provider experiencing rapid growth realized spreadsheets and manual processes were no longer sufficient to support increase demand and future progression. The brand digitally transformed sourcing, procurement, accounts payable, finance, and supplier management processes to support scale. The ability to digitally collaborate on orders, invoices, settlements, and ASN creation was foundational to the transformation. Witnessing 4X growth, the company today has 99.8% invoice accuracy and spends approximately 30 minutes per day processing invoices.
- A major global sports apparel brand sought to solidify the health of its supply base by ensuring access to capital. Utilizing a multi-enterprise network allowed the company to connect all parties and digitized document flow, enabling automated financing and settlement. A diverse portfolio of finance providers was plugged in to create a significant pool of credit and programs to meet varying needs. In doing so, the brand was able to enhance the financial health of its suppliers while deploying its own capital preservation program.
- An outdoor gear manufacturer having automated its PO, invoice, and settlement processes to generate efficiency was seeking further avenues to improve margins. It leveraged existing transaction data to auto-populate ASNs and packing and shipping instructions, enabling direct shipments from the factory. As a result, plans for new distribution center were deemed no longer necessary due to increased efficiency.
Read More
Topics: ERP, Manufacturing, Distribution, Rentals & Equipment, Supply Chain, Fashion & Apparel, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS, Supply Chain Management
Know you want to transform but don't know where to start? Want to gain $9-12 for every dollar you spend? Read on to find out why starting with your people is the best first step to prioritizing digital transformation projects.
Digital transformation is at the top of the to-do lists of most companies, but one topic that is often missing from a discussion on digital transformation is which areas to prioritize. Most businesses can’t afford to completely overhaul a core function of the enterprise top to bottom, along with the technology that supports it, at any one time. Instead, they’ll target specific areas for transformation. That approach minimizes disruption to the business, keeps costs manageable, and helps the business apply lessons learned to future transformation projects. The question, though, is which areas to target first?
Read More
Topics: Digital Transformation, ERP, Manufacturing, Distribution, Rentals & Equipment, Supply Chain, Fashion & Apparel, Industrial Manufacturing, Digital Manufacturing, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS, Supply Chain Management
When extreme levels of disruption occur, supply chains immediately launch a survival strategy that tends be focused solely on the enterprise, leaving upstream and downstream trading partners to fend for themselves. Whether scrambling to enable remote work opportunities, implement flexible or staggered labor scheduling, or launch multiple capital preservation strategies, organizations have begun employing a variety of strategies to protect their supply chains and weather the storm.
To ensure the health of the overall supply chain network, the urgency to digitize processes and documents that allow both data and capital to be unlocked has become more prevalent than ever—particularly when a complex number of parties, systems, and document across geographical regions and time zones are involved.
Read More
Topics: ERP, Fashion & Retail, Distribution, Supply Chain, Fashion & Apparel, Supply Chain Visibility, Supply Chain Network, Cloudsuite Fashion & Apparel, Infor CloudSuite PLM for Fashion, Infor CloudSuite Fashion PLM, Enterprise Software, Retail Supply Chain, Infor CloudSuite Fashion, Supply Chain Operations, Supply Chain Management, Infor CloudSuite M3, Infor CloudSuite ERP
For years, digitization has been considered an optional strategy by many companies, thus resulting in static and disconnected buyer-supplier collaboration points across supply chains. For many organizations, processes continue to be highly manual across fragmented systems, resulting in inefficient, error prone workflows.
Reliance upon Excel®, email, and phone calls remains common across a staggeringly significant amount of business, thereby resulting in delays, non-compliance, and friction between buyer and seller. Time and resources lost synchronizing simple concepts like purchase order confirmations, negotiation, documentary compliance, and invoice approvals cripples flexibility and agility, all while locking up millions, if not billions in working capital.
Anywhere paper or manual processes exist a lack of visibility follows, leaving missed opportunities to harness real-time supply chain data that optimizes decisions and mitigate risks.
Read More
Topics: ERP, Manufacturing, Distribution, Rentals & Equipment, Supply Chain, Fashion & Apparel, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS, Supply Chain Management
When it comes to ensuring supply chain health, there are three key approaches your organization can do to improve processes and build resiliency into your network. Not only will this help you minimize uncertainty during times of disruption, it will also help streamline improvements during times of prosperity.
Supply chain essential #1: Digital documents, data, and settlements
Companies must focus on network connectivity and process automation to drive agility and responsiveness while continually investing in predictive and proactive sense and respond capabilities.
Economic sustainability includes multiple key components starting with digital connectivity and collaboration as the digitization of documents and workflows enables speed and agility. Multi-enterprise collaboration enables strategic programs such as providing suppliers access to capital through a multi-bank network. This helps the entire supply chain endure dynamic liquidity shortages that often stem from a crisis and a period of economic recovery.
Read More
Topics: ERP, Manufacturing, Distribution, Rentals & Equipment, Supply Chain, Fashion & Apparel, Infor M3 ERP, Enterprise Software, Retail Supply Chain, WMS, Supply Chain Management
The hospitality and gaming industries require specific functionality when it comes to sales and catering, and event management. The same goes for family entertainment centers like bowling centers, laser-tag spaces, and others.
What are those factors? What should organizations in these sectors look for in software solutions to manage these important aspects of their business. The cloud has emerged as a proven alternative to the legacy systems used by the hotel industry. One by one and group by group, independent hotels and chains alike, are seeking out a cloud-based platform to provide integrated solutions for their hospitality management needs.
Beyond cloud technology, let’s look at some other event sales and catering software characteristics that contribute to the success of hotel and casinos as legacy systems are beginning to be phased out.
Read More
Topics: ERP, Manufacturing, Supply Chain, Supply Chain Network, Infor M3 ERP, Enterprise Software, Retail Supply Chain, Supply Chain Operations, WMS, Supply Chain Management