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Together, an ERP and an MES create an integrated network that provides a holistic view of finance, procurement, supply chain management, manufacturing logistics etc. Combining this information increases agility and provides robust data that improves forecasts for everything from sales to productionmanagement.
This includes sourcing, supply chain, logistics, productmanagement, and even key senior executives. This includes total cost of ownership data, detailed supplier profiles, and external business intelligence. Create a specific data map. See below for examples. Create a collaborative information analysis process.
Identify the specific areas where you need improvement, such as inventory management, product quality, traceability or production scheduling. Involve relevant stakeholders—including productionmanagers, IT personnel and quality control teams—to gather comprehensive requirements.
This trend is particularly strong in large Enterprise Resource Planning (ERP) software, where the cost of initial implementation is typically only a small fraction of the total cost of ownership (TCOA) for those solutions.
What part of the team that “reshored” products from Asia and Mexico in the late 80s. This showed how a “TCO” (Total Cost of Ownership) analysis could change your view of your business. It has afforded me the ability to work in sales, marketing, productmanagement, sales management, general management, and start new companies.
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