Manufacturers need better Financial Management systems Gone are the days when basic accounting packages or spreadsheets sufficed for tracking financial data in manufacturing. Those are entry-level financial solutions that cannot scale as the company grows, nor can they help manage various departments, such as order management, the shop floor, or warehousing and inventory. Manufacturing companies that are growing need to implement an Enterprise resource planning (ERP) system to have a more holistic view of financial management. Why Financial Management needs an ERP System ERP offers opportuniti ..read more

AI for manufacturers Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The use and discussion of AI has become common. A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. Despite this finding, the report also noted that organizations still limit the scope of AI use. That indicates that manufacturers who adopt AI early could achieve a significant advantage over ..read more

For manufacturers, prioritizing a seamless order fulfillment experience is key to driving repeat business. In these times where customer expectations are higher than ever, efficient order fulfillment is no longer a luxury — it’s a critical competitive advantage. However, to meet these expectations, manufacturers need to ensure a smooth flow of information between their eCommerce platform and core business functions such as inventory, finance, production, shipping, and logistics. Let’s explore how manufacturing businesses can optimize their fulfillment processes for success. What is order fulf ..read more

Replace accounting software that your business may have outgrown Orders are up, business is booming, and your manufacturing operation is expanding. The growth of your company is exciting, but expansion can present many new challenges. As your operation gets bigger, you will probably need to replace accounting software and investigate potential upgrades for your systems. Some signs that you need to replace accounting software or it needs an upgrade include: You are still using many manual processes and Excel spreadsheets Your team is spending tons of time completing menial tasks in accounting ..read more

Choosing an ERP Vendor Partner: Key Considerations for Success with SYSPRO As a software reseller or system integrator, your success is intrinsically tied to the solutions and company you choose to represent. Your future growth and your bottom line are directly impacted by the tangibles—and intangibles—a software vendor can offer, so the selection of a partner is critical. If you’re looking for an ERP vendor to partner with or seeking to add another software provider to your portfolio, there are four key considerations you should weigh during your evaluation. A proven company that has your ba ..read more

Make-to-Order (MTO) manufacturing is the production of specialized or unique one-off products in quantities ranging from one to small production runs. Usually, the final product is a combination of custom manufactured components and standard components. With the recent stress placed upon the supply chain in recent years and the changing political alignment across the globe, we are seeing a trend for supply to be bought closer to home which has resulted in Australian MTO manufacturers attracting significant capital input and flourishing. MTO operations bring their own set of unique challenges ..read more

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Think of it like looking through a windshield on a clear day when you’re driving, compared to navigating in the fog. But producing timely, accurate and relevant business reports is not as easy as it sounds. In recent years, the amount of data available to most companies has exploded. Yet many organizations struggle to support, filter and manage it. Common issues include ..read more

Many manufacturers struggle to optimize warehouse productivity and attract skilled employees. Inefficient working conditions and manual work only worsen the problem. In fact, the latest figures from the Bureau of Labor Statistics in the U.S. put annual warehouse turnover rates at 43 percent. That’s where automation comes into play. An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. The benefits include happy customers (due to on-time deliveries); increased employee satisfaction (because au ..read more

In Part 1, we covered three key areas of enterprise security that have the greatest risk potential — the diverse IT environment, the threat landscape, and human error. There are some specific threat areas that manufacturers need to manage. They also need to know how to protect their ERP systems which are critical for a business to run effectively. Threats in the manufacturing environment The adoption of smart manufacturing, while being critical for many companies who want to stay competitive, also brings with it some security problems. IoT devices on the factory floor need to be protected; so ..read more

Embracing Uniqueness: How SYSPRO's PartnerUP dares to be different SYSPRO ERP PartnerUP program In a world of templated, one-size-fits-all solutions, it’s easy for businesses with unique needs and non-traditional workflows to feel lost and unsupported. SYSPRO’s PartnerUP program is a beacon of hope, designed for partners who dare to be different, walk their own path, and are bold enough to be themselves. In this blog, we’ll explore how our focus on flexibility and embracing the uncommon can ignite a movement of partners who are passionate about enabling distinctive businesses to co ..read more