ICCG BLOG -3.jpg

The Transformation From EAM To Asset Performance Management

Posted by Harriet Schneider on Apr 4, 2022 8:54:55 AM

Regardless of size or industry, asset-intensive organizations are always looking to do more with less. For a food and beverage manufacturer that means finding ways to extend asset life to minimize costs, improve food and worker safety and reduce waste while performing the right maintenance on the right equipment, at the right moment to avoid downtime.

Some businesses have been making do and getting by with asset management strategies that sell them short, driving up the cost of maintenance labor and materials and increasing the risk that critical assets will be down when they’re most urgently needed. The scene has been shifting over the past several years, with Enterprise Asset Management (EAM) offering greater visibility and sophistication for maintenance operations.

But business rarely sits still for very long. And with the rapid rise of Industry 4.0, it’s essential for asset management to keep up. Maintenance 4.0 is the set of tools and strategies that is helping food and beverage companies optimize operations by deploying the mountains of data now available to keep equipment and production lines in peak operating condition. Infor’s Best Practice Guide, “Why your EAM strategy must evolve to increase food safety,” explains how it works and lays out the five essential components of an Asset Performance Management (APM) platform.

Read More

Topics: ERP, Distribution, Supply Chain, Warehouse Management Systems, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, WMS

Why You Should Care About The Different Cloud Solutions

Posted by Harriet Schneider on Mar 29, 2022 9:38:42 AM

As a long-time professional in cloud solutions, I can sometimes be struck by how uniform the information, discussion and debate is about the differences in cloud in the IT industry, whether from journalists, analysts or industry colleagues. Usually speaking in sweeping terms about the cloud and making everything from inaccurate statements to generalizing conclusions based on the cloud description. In this blog post, I want to help you understand the differences in clouds in relation to ERP solutions. It's all about the level of responsibility, agility and security.

Read More

Topics: ERP, Distribution, Supply Chain, Warehouse Management Systems, Supply Chain Network, Cloud BI, Enterprise Asset Management, CloudSuite, Enterprise Software, WMS

Migrating Your Warehouse From Cost Center To Competitive Differentiator

Posted by Harriet Schneider on Mar 28, 2022 11:22:01 AM

Many organizations tend to view warehouse operations as cost center due to the labor, equipment, and physical inventory. However, with business models rapidly changing through e-commerce, omni-channel, curbside pickup, 3D printing, and more, warehouse operations empower a company to gain a competitive advantage by ensuring customer loyalty and brand excellence stays intact as products enter the last mile.

Common warehousing challenges

Warehouse directors understand the challenges most, if not all distribution centers manage. These challenges cover a wide range of issues which include picking optimization, inventory management, operational strategy, employee management, returns, and much, much more.

Picking challenges

For example, a large amount of productivity is often lost due to insufficient item master data. Without the proper item and location slotting for concepts such as seasonality, promotional activities, and sales projections, poor inventory placement across the warehouse can result in increased costs and reduced productivity.

Furthermore, many companies lack visibility into inventory quantity and location accuracy due to a heavy reliance on spreadsheets, pick sheets, the absence of cycle counts, capacity constraints, or a lack of digital monitoring all together. No visibility into inventory quantities or throughput can result in declining fulfillment rates, stockouts & backorders, decreased service levels, and waning customer loyalty and sales opportunities.

Read More

Topics: ERP, Distribution, Supply Chain, Warehouse Management Systems, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, WMS

Upgrading Your Warehouse To Be a Competitive Differentiator

Posted by Harriet Schneider on Mar 9, 2022 12:03:07 PM

Many wholesale distributors tend to view warehouse operations as a cost center due to labor, equipment, physical inventory, and real estate investments. However, with business models rapidly changing through e-commerce, omni-channel engagement, and innovative services, warehouse operations that are re-imagined through investments in technology can empower a company to gain a competitive advantage. Streamlining and automating processes across the warehouse improve customer and employee experiences and inspire customer loyalty.

A recent article featured in Forbes highlighted survey-based research on practice, priority, and expectation trends of warehouse executives. Respondents chose a warehouse management system (WMS) as their highest priority for technology investment with 96 percent of survey participants noting that the warehouse automation value proposition was expected to increase over the next 3 years. Survey findings indicated that operational changes like labor costs, labor shortages, and increased throughput requirements were all primary factors for companies looking to automation.

Read More

Topics: ERP, Supply Chain, Warehouse Management Systems, Product Lifecycle Management, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management

Importance Of Cloud-Based Warehouse Management

Posted by Harriet Schneider on Feb 25, 2022 8:35:00 AM

Even when your warehouse operations appear to be running smoothly, change and disruption are constant battles that supply chains must fight. Black swan events, emerging technology, new regulations, and shifts in consumer demand have created an increased need for “always up-to-date” functionality. While steps can be taken to mitigate risk, when changes occur it’s still up to you and your team to adjust and ensure new warehouse capabilities are implemented quickly.

If your organization previously reviewed, dismissed, or put off moving your 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 through today’s lens. With business models drastically changing and uncertainty lingering in every corner, what if you could offload critical IT responsibility to an organization you trust to manage it all for you?

Read More

Topics: ERP, Supply Chain, Warehouse Management Systems, Product Lifecycle Management, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management

Is Your Data Safe From Security Breaches?

Posted by Harriet Schneider on Feb 22, 2022 8:52:11 AM

The urgency of data security and privacy can’t be overstated. In 2021, the global average cost of a data breach was $4.24 million, representing a 9.8% increase over 2020. Yet the immediate costs are a trifle when compared to the incalculable, lasting brand, reputation, and business damage that a data security incident causes.

Understanding the present threat

Risks associated with information security threats increase minute by minute. Bad actors with malicious intent are continuously evolving their strategies and attempting increasingly creative and sophisticated security breaches. The constant potential threat of cyberattacks and security breaches can be taxing on IT teams and organizations that need vigilance, resources, talent, and educational resources just to stay ahead.

The number of potential attackers is also expanding to include not only independent attackers and small groups, but also state-sponsored hacking organizations that are much better organized and funded. These larger groups can afford to devote multiple resources to breaching the defenses of small and large organizations over a long period of time—a level of commitment attackers once reserved only for the most strategic targets.

Read More

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

Overcoming Customer Demand With Warehouse Management

Posted by Harriet Schneider on Feb 17, 2022 10:47:43 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.

Read More

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

Supply Chain Digitization Is No Longer Optional, Here's Why.

Posted by Harriet Schneider on Feb 16, 2022 9:03:07 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.

Read More

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

Boost Your Performance With Cloud-Based Warehouse Management

Posted by Harriet Schneider on Feb 14, 2022 8:22:18 AM

When companies rely on a dated warehouse management system (WMS) to run their distribution centers, it’s not uncommon with the IT staff familiar with the system to move on. Unfortunately, this leaves the company without an in-house expert to manage issues as they arise. Plus, if the original vendor is no longer supporting that version of the system, it can be incredibly difficult to get the system back up and running.

Over time, each organization builds the distribution ecosystem that uniquely addresses its needs. The challenge emerges when only a handful of people understand how to manage and maintain that system successfully and perhaps only one individual truly understands the complete picture. With a mission critical WMS and corresponding data at the very core of the business, any scenario that puts it at risk is can be detrimental to getting products out the door.

Read More

Topics: ERP, Distribution, Supply Chain, Warehouse Management Systems, Supply Chain Network, Cloud BI, Enterprise Asset Management, Enterprise Software, WMS

Warehouse Future Proofing With A Cloud-Based WMS

Posted by Harriet Schneider on Feb 4, 2022 3:00:00 AM

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

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.

Subscribe to Email Updates

Recent Posts

Posts by Topic

see all