ICCG BLOG -3.jpg

The Evolution From EAM To Asset Performance Management

Posted by Harriet Schneider on Jul 1, 2021 9:52:34 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

Moving Your Warehouse From Cost Center To Competitive Differentiator

Posted by Harriet Schneider on Jun 24, 2021 1:46:36 PM

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

Gain Confidence With Cloud-Based Warehouse Management

Posted by Harriet Schneider on May 13, 2021 10:55:25 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

Future Proof Your Warehouse With A Cloud-Based WMS

Posted by Harriet Schneider on Apr 22, 2021 12:15:40 PM

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

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.

Read More

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

Read More

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.

Read More

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

Why Now Is The Time For Cloud-Based Warehouse Management

Posted by Harriet Schneider on Dec 8, 2020 8:00:00 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

Elevating Your Warehouse To Be a Competitive Differentiator

Posted by Harriet Schneider on Dec 3, 2020 8:00:00 AM

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

Ephesoft And ICCG Form Strategic Global Alliance Offer Clients Value-Add Solutions

Posted by Shiv Kaushik on Oct 8, 2020 8:00:00 AM

Partnership offers Infor M3, CSI, and LN customers a solution to accelerate and capture data with intelligent document processing solutions to drive productivity.

Read More

Topics: ERP, Warehouse Management Systems, AI, Supply Chain Management, IDM, Infor Document Management, Document Processing

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