Amidst the COVID-19 pandemic, it’s no secret that hundreds of thousands of manufacturers across the globe are under great amounts of stress. Most have had to scramble to protect their employees, address business challenges and risks, meet demand, and ultimately, survive. With social distancing initiatives in effect, work has shifted radically with a large majority of employees working remotely. Ascertain areas of business have slowed or even shut down completely, manufacturers across multiple industries are faced with increasingly negative impacts on their supply chains.
Month: May 2020
Business after COVID-19
There’s a saying “Old ways won’t open new doors.” It’s now fairly obvious that the relaxation of the Coronavirus/COVID-19 lockdown (aka stay at home) will only be gradual, in most countries. Whatever the “new normal” is going to be, it’s going to be very different to what we were used to. How will manufacturers and distributors adapt to these revolutionary changes?
What Manufacturers Can Do Now to Maintain Continuity in the New Normal
Manufacturers and distributors are operating in intensely pressured times as a result of COVID-19. According to a survey conducted by the National Association of Manufacturers (NAM), 78.3% of manufacturers anticipate a financial impact, while 53.1% anticipate a change in operations.
Adopting Technology and Upskilling Employees is Vital during COVID-19
No crisis is an isolated, neatly contained incident, and the COVID-19 outbreak is exceptional by any standards. In order to future-proof and position your organization’s sustainable long-term growth, digital transformation requires a combination of talent, digital skills, and the use of available technologies. With no end – or certainty – insight, it necessitates that organizations … Read more
Re-skilling the Workforce – After Covid/Before Covid
We all know that the world is going through a major change that will lead to us running our lives differently than we did BC (Before COVID). What some businesses are beginning to realize though is that their workforce will need to learn new skills AC/DC (After COVID/During COVID).
4 Ways Australian Manufacturers are Switching Production in the War Against Coronavirus
The COVID-19 pandemic has revealed several vulnerabilities as well as opportunities for Australia’s supply chain. While Federal Treasurer Josh Frydenberg has promised a re-evaluation of supply chains and a focus on niche manufacturing in a post-COVID-19 world, many manufacturers have focused their immediate attention on addressing a shortage of items like ventilators, masks and hand sanitizers. In fact, in order to assist in the national fight against COVID-19, Prime Minister, Scott Morrison has urged Australian manufacturers to make a wartime shift to their production.
Digital Transformation Key to Overcoming Crisis
Humanitarian crises have significant implications for business. The COVID-19 virus is causing a disruption in local and global supply chains, forcing governments into issuing national lockdowns and driving businesses to find new ways to operate.
How Clean is Your Data, to Get the Best ROI from Your ERP?
I’ve been observing friends and colleague’s behavior during the COVID-19 social distancing and one of the things that I and many of my friends are doing is Spring-cleaning our homes, our e-mails, and our laptops. So it struck me, why not “Spring-clean” our SYSPRO data and systems?