Let’s take a step back from Strategic Sourcing and talk a little about how Industry 4.0 has been great for Procurement. Industry 4.0 is commonly referred to as the fourth industrial revolution. A revolution defined by new trends in automation and data exchange in manufacturing technologies. But what makes this revolution different Continue Reading
No matter how difficult your current operational and technical environment, convincing senior management to invest in ERP is far worse. The bottom line is everyone wants to earn money but nobody wants to spend it. Well, the secret lies in a simple ERP ROI calculation or ERP ROI Analysis. Remember Continue Reading
This morning’s read of Deloittes analysis on 2018 retail, wholesale and distribution industry trends gives the reader a sense of optimism on the marriage between technology and the retail, wholesale and distribution industry. The report introduces the readers to the current trajectory of retail. According to Deloittes projections, the retail Continue Reading
There is a profound technological transformation taking place in the manufacturing industry. Organisations need to sustain production operations and at the same time stay tuned to the technological evolution that is taking place. In a Manufacturing Environment, a modern ERP system should support a wide range of planning methods. Let’s Continue Reading
According to the Chartered Institute of Procurement and Supply, 2017 saw technology continue to drive improvements in processes, data, insight, and savings. Efficiency gains remained the constant propeller across various procurement trends. However, 2018 sees a new trend. A recent study shows 2018 to be the year for procurement to Continue Reading
Man’s thirst for energy has remained unchanged since time immemorial. Beginning with the use of fire as a means to cook food and stay safe from predators at night, to the latest fad of electric vehicles, energy is undeniably the cornerstone of man’s evolution and mankind has travelled great lengths Continue Reading
According to industry research, the Wire and Cable Manufacturing industry has seen a downward trend due to high import penetration and a decline in copper prices over the last 5 years. This has forced manufacturers to lower product prices so as to remain competitive, resulting in decreased revenue and lower Continue Reading
Introduction: Since time immemorial when mankind figured out tools to make life easier, furniture has evolved to be a necessity rather than a luxury. Since then, the furniture sector has been marked by an eclectic mix of skill, creativity, innovation and capable labour to make products of fine value and Continue Reading
Entsprechend der Global Manufacturing Economic Update 2017 im Juni, das J.P. Morgan fiel der Global Manufacturing PMI weiter von 52,7 im April auf 52,6 im Mai . Jedoch fuhr Europa fort, die Liste der Auslandsexporte mit starkem Produktionswachstum zu beherrschen und die Länder mit den höchsten PMI-Werten im Sektor, Deutschland Continue Reading
I could bore you about how ERP is the best thing since sliced bread and that no other initiative stands a chance at integrating your business as well as it does, but come on! We both know that anything without proof is worth nothing. So, let us spell it out Continue Reading
