Demand forecasting in the new normal: Part 2

The last few years have been difficult. Many organisations that survived the pandemic made use of innovative methods that enabled them to quickly analyse and react to new information. Supply chain is one of the areas that was thrown into disarray by the effects of the COVID-19 pandemic as consumer markets were battered by surges, … Read more

What is supply chain sovereignty and how can manufacturers achieve this

The term “supply chain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. It also coincided with the growth of the Internet and telecommunications technology. Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to … Read more

How to secure your ERP system

Manufacturers depend on their ERP system to optimize business processes, unify their different functions and platforms, and provide them with information to make decisions. But with ransomware and cyberattacks on the rise, securing the ERP system is now becoming a top priority. Why are ERP systems attacked? ERP systems contain very important and confidential information. … Read more

Demand Forecasting in the new normal

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. Failure to effectively address this challenging question can result in enormous inefficiencies caused by misalignment of demand and supply throughout the supply chain. The misalignment can result in multitude of negative consequences such … Read more

Key steps when implementing an ERP system for the first time

The reason executives decide to implement an ERP system is to achieve objectives of improving operations and making more efficient use of information, people and assets. However, implementing ERP software is a complex technical undertaking and has fundamental impacts on people and processes. Therefore, an implementation project has to be planned carefully and many different … Read more