Difference Between GROW With SAP and RISE With SAP
September 01, 2023
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Automation related to inventory management is comprised of two main components: process automation, and physical automation. Both are designed to improve operations and procedures...
Through the use of these six automation elements, manufacturers can improve inventory management in a number of ways.
While inventory automation improves efficiency, it also comes with costs in terms of new systems, equipment, and process management. So when is the right time to automate...
As accurate and efficient as employees can be in the inventory department, machines are better at it. Manufacturers already know that robotic process automation improves...
When manufacturers think about efficient inventory management, usually the first things that come to mind are knowing the location of raw materials and finished goods, and making...
We are breaking down our 'Inventory Management for Manufacturing' guide into digestible sections. You can get the full inventory management guide here.
When evaluating ERP for food manufacturing, there are many considerations. Two factors that food manufacturers should not overlook, however, are traceability and evaluating ERP...
A key component of lean manufacturing methodology is using a manufacturing execution system for monitoring, tracking and controlling the manufacturing process. Although this isn’t...
Every day you probably see stories about how artificial intelligence will change the world. But artificial intelligence and technologies such as the Industrial Internet of Things...
Inventory management and stock control are essential for business success, especially if you’re in the consumer-packaged goods (CPG) industry. So, investing in the right stock...
Enterprise resource planning solutions (ERP) play a critical role in helping life sciences businesses scale. But they also can play an important role earlier in the lifecycle of a...
Most professional services organizations have completed digital transformation, which is the trendy way of saying that they’ve moved operations to the cloud. Now that most of...
SAP recently made a significant change in how it develops, organizes, and releases new features. This change is good news for businesses that use SAP Business ByDesign because the...
Payment is at the center of every business. In an ideal world, businesses deliver a product or service and get paid immediately for this product or service. The reality, however,...
Sometimes the line between consultant, contractor, and professional services firm can be confusing. Yet the distinction is important, because it helps your business organize...
Efficient processes are important for professional services companies just as they are for every other type of business. One way that professional services firms drive this...
Developing a life sciences product and going to market is not easy. There’s the research and development, of course, but there’s also the business-building side.
The consumer products industry is not easy. On the one hand, social media and online marketplaces have made it easier than ever to find consumers and get started. But on the other...
It isn’t a stretch to say that most businesses are in the cloud right now. But the way that most businesses use the cloud today is just the first step. The next step, and the real...
The past couple of decades have seen massive transformations in the retail industry—from purely brick-and-mortar stores to online shopping, to dynamic and innovative customer...
COVID-19 has been a catalyst for the attraction of private equity to healthcare and the life sciences, as the rise of vaccination and drug discovery and supply includes new points...
These are interesting times for business. The Covid-19 pandemic shook almost every industry around the world, and the new normal is different than what came before. But part of...
Small business cloud ERP may seem like a recent trend, but that’s not really the case. Enterprise resource planning software, with its ability to manage production, planning,...
The big lesson from COVID-19 for business arguably is the importance of digital channels and diverse revenue sources. Thanks to lockdown measures and social distancing, businesses...
As more and more businesses follow through on digital transformation projects, they are rethinking their attitudes toward their own IT departments and contemplating what business...
Legacy software systems no longer make sense for life sciences businesses, especially growing organizations in the pharmaceutical manufacturing industry.The problem is that...
There’s an element of consumer trust when it comes to the consumption of food or medicine. Usually, consumers cannot detect if a drug they’ve purchased has been manufactured...
The bar has been raised on financial and cash flow management.
Consumer health and safety is the fundamental responsibility of a pharmaceutical company. A major threat to the industry’s credibility is the rampant circulation of counterfeit...
Quality plays a pivotal role in the success of any business. Delays in delivery are often caused by products not meeting the mandated quality standards. Failure to meet quality...
In golf, the difference between a birdie and a bogey often comes down to the effectiveness of your short game. You might have Tiger Woods-grade driving skills, but it won’t matter...
A unicorn startup, a company with a valuation over $1 billion, is a rare beast. According to a September 2021 report by CB Insights, there are only around 800 in the wild. Any...
ERP stands for Enterprise Resource Planning and is software used by businesses to manage their day-to-day operations and processes. ERP software allows for the integrated...
The New York Lottery used to say that to be a winner, “All it takes is a dollar and a dream!”
An Interview with Ralph Hess, vice president of global sales for Navigator Business Solutions
Customer orders used to be simple. There was phone or showroom. Maybe a fax or an order by email. But really it was simple, and there wasn’t much need for terms like “omnichannel...
Contract manufacturers in the life sciences space face a host of challenges, including regulatory demands, thin margins, changing requirements based on client needs and an...
We are in the midst, collectively and globally, of one of the most challenging times in the past 100 years. In a matter of a few short months, COVID-19 has transformed the...
In the increasingly crowded market for cloud-based enterprise resource planning systems that serve SMBs, two offerings typically stand out from the pack. SAP Business ByDesign and
Allow me to be vulnerable for a minute and tell you about the biggest mistake in my professional life.
There are three things synonymous with enterprise resource planning solutions (ERP): They transform a business, they are devilishly complex to roll out, and they cost a lot of...
Setting up a new ERP system requires many decisions. One of those early decisions is whether a business should get support from the ERP vendor or a third-party implementation...
People are afraid that automation and technology ultimately kills jobs. As a result, one issue that businesses often face during ERP system rollout and digital transformation in...
You’ve probably heard the name, SAP, but you might not actually know what SAP does and why roughly 77 percent of all global transactions come in contact with the software the...
Startups are hard, but startups in the life sciences industry are a particular brand of challenging.
Quick question: What’s an SMB (Small and Medium Business)?
If you live and work in Silicon Valley or you are growing a Life Science Start-up, you’re probably thinking about venture funding for your business. But even if you’re not running...
I recently returned from a hiking trip in southwestern China. One of the joys of the trip, aside from the mountain climbing, was outfitting for my trek at a discount department...
Your business is growing and sales are up. That’s the good news.
The trade war between the U.S. and China is real, and it has significant implications for any business with a global supply chain.
We talk with Ralph Hess, ERP veteran and vice president of sales for Navigator Business Solutions.
It has been a busy season for Peter Guarraia, a management consultant at the consultancy, Bain & Co.
We talk cloud ERP with Grant Fraser, industry pioneer and CEO of Navigator Business Solutions
Developing new drugs requires expertise, sweat equity and maybe even a bit of luck. Clinical researchers who reach the point where they consider starting their own pharmaceutical...
Quality management and defect trackability is important for every successful manufacturer. For medical device manufacturing, however, the bar is set higher: not only is quality...
