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Inventory management key to maintaining a competitive edge

Manufacturer's Monthly

Additionally, components may have different lead times, meaning some may take longer to procure than others. Managing inventory with varied lead times requires careful planning and coordination to ensure materials are available when needed.

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The best of ERP benefits: efficient scheduling for manufacturers

AU Manufacturing

This is where innovative strategies, such as the use of enterprise resource planning (ERP), come into play and create a whole different narrative for manufacturers. We use the auto work order generation feature in our ERP system to schedule the start of all new jobs. “We

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How data discovery enables manufacturers to identify trends that can help in fine-tuning their operations

AU Manufacturing

ERP with embedded analytics Manufacturers must invest in the right technology to support data discovery to maximise potential performance improvements by providing increased visibility of operational activity. They can determine the optimal product inventory levels by analysing customer demand, production capacity and supply chain lead times.

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The ROI of ERP

Mold Making Technology

Efficient, accurate scheduling helps mold builders deliver on time, manage change and meet customer expectations. Photo Credit: Global Shop Solutions Enterprise resource planning (ERP) software can pay for itself within the first year and generate hundreds of thousands of dollars in cost savings each year after.

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Navigating Production Planning for Small and Medium-Sized Manufacturers

CMTC Manufacturing Tech

If possible, utilize technology and inventory management software to track and control inventory levels in real time. Enterprise Resource Planning (ERP) and Manufacturing Resource Planning (MRP) systems provide data-driven insights for better decision-making in production planning and supply chain management.

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MoldMaking Conference Session Spotlight: Data

Mold Making Technology

This presentation will share how one company leverages custom digital workflow strategies to improve lead times and reduce costly errors. How ERP Drives Data-Based Decisions through the Business Ernie Young, President, Delta Mold Inc.

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How Artificial Intelligence is Improving ERP Systems

ATS

This is where enterprise resource planning (ERP) systems come into play. ERP, with its centralized management of critical processes including production, inventory , supply chain, maintenance , and quality assurance, has been empowering industries to streamline their operations and make more informed decisions.