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Enterprise Resource Planning


AI Is Driving the Next Phase of Growth in Logistics Industry

#artificialintelligence

Today we find ourselves in another transformational era in human history where Artificial Intelligence (AI) plays an increasingly central role in this transformation. AI stands to greatly benefit all industries and is prevalent in consumer-facing applications, clerical enterprise functions, online and offline retail, autonomous mobility, and intelligent manufacturing. AI in logistics plays an important role and beginning its journey to become an AI-driven industry. We hope you will find this an insightful read, and we walk you through as How can AI be used in logistics to reinvent back office, operational, and customer-facing activities? Well, let's discuss the reason for why Logistics companies are facing an era of unprecedented change is that as New technologies are enabling greater efficiency and more collaborative operating models.


Three practical steps to using AI in medical device manufacturing

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It seems to be in every other headline. There's no doubt AI has the potential to transform medical device manufacturing. Rather than focus on a complete transformation, manufacturers can see benefits by focusing on simply enhancing it. AI on a manufacturing line doesn't have to mean everything is automated and there are no humans involved. On the contrary, humans continue to be essential in manufacturing, even with AI.


SAP in the workplace

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SAP is one of the most extensively used ERP systems in the world. Understanding SAP's features and functionalities has become a necessary skill in today's world. Developing SAP abilities can assist you in preparing for a job with a company that uses this software. SAP is the most widely used ERP software, with hundreds of fully integrated modules that cover almost every facet of business management. SAP allows firms to develop a centralized system that allows every department to access and share data, resulting in a better working environment for all employees.


Kraft Heinz enlists Microsoft for cloud migration and digital twin development

ZDNet

Food manufacturing giant Kraft Heinz has announced it is looking to improve supply chain visibility and day-to-day operations through the adoption of cloud, AI, and digital twins under a new digital transformation partnership it has signed with Microsoft. Under a multi-year deal, Kraft Heinz will migrate the majority of its global datacentre assets to Azure and its enterprise resource planning (ERP) software to SAP on Azure, and create a so-called supply chain control tower that will serve as an "air traffic control" across Kraft Heinz's supply chain of its 85 product categories. Kraft Heinz also plans to develop digital twins of its 34 manufacturing facilities in North America so it can test solutions and processes before applying them on the plant floor, such as looking at methods to reduce mechanical interruptions and address issues before they occur. "As part of our Agile@Scale transformation, we are building a leading tech ecosystem to benefit the entire value chain," Kraft Heinz North America president and executive vice president Carlos Abrams-Rivera said. "Our collaboration with Microsoft is a critical piece of our transformation strategy, providing us with the machine learning and advanced analytics to drive innovation and efficiencies across the supply chain so we can get products into the market faster, better serve our customers and, ultimately, deliver on the sustained and growing consumer demand our iconic brands continue to experience."


How AI can help - and hinder - the supply chain crisis - TechCentral.ie

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The industry may be emerging from the Covid-19 pandemic, with e-commerce still thriving on it, but the supply chain crisis isn't going away. Infrastructure designed in a predictable pre-pandemic world isn't enough to clear the backlogs, and may even be making a bad situation worse. Could artificial intelligence (AI) be the technology that gets things moving again? Organisations certainly believe so, according to a new 3Gem report for Blue Yonder, which finds that more than half (53%) of UK supply chain decision-makers believe AI advances are key to managing disruption. This confidence in AI owes much to its promise of visibility.


Intelligent Automation: A Guide for Insurance Companies Ready to Go Digital - RD Global Inc

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Automation isn't at all a modern idea (having been put forward as early as the "Iliad," which mentions automatons), but automation didn't really come into its own until the Industrial Revolution, which began around 1760. The word automation itself wasn't coined until 1946 by an engineer with the Ford Motor Company. The main uses of automation before the 20th century had been in manufacturing, but the goal of all automation technology is the same: boosting efficiency. With industrial automation, the aim was to improve the efficiency of manufacturing, but it still involved much human interference. Data-driven enterprise task automation began in the 1960s when enterprise resource planning (ERP) systems were introduced.


Oracle ERP vs SAP: A Detailed Comparison

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Choosing the right enterprise resource planning (ERP) software is easily one of the most important and difficult choices a buying team has to make. Oracle and SAP are two of the biggest, most well-known names in the ERP software space. Each vendor is better suited for some business needs over others, so keep your business's unique needs in mind while comparing Oracle and SAP features. Oracle ERP is a cloud-based, fully integrated, and comprehensive business management platform. It's designed to assist with streamlined processes, automated tasks, efficient and collaborative work on ledgers, payables and assets, receivables, collections, expenses, and more.


European Leadership in Process Management

Communications of the ACM

In the mid-1990s, many vendors, such as IBM, Staffware, Filenet, Lotus, and Xerox, provided workflow management (WFM) software. In fact, WFM systems were expected to become an integral part of every information system. Despite these high expectations, only a few organizations successfully used this technology. After the limited success of WFM systems, the scope was broadened beyond automation, leading to a wave of business process management (BPM) systems.1,7 Many organizations documented their processes using notations such as the business process model notation (BPMN), but few successfully used BPM technologies to create information systems driven by process models.8 One of the main reasons was because traditional process management approaches underestimated the complexity and variability of real-world processes and did not explicitly use the data available in existing enterprise resource planning (ERP) and customer relationship management (CRM) systems.


Enhancing Operational Excellence with Augmented Business Process Management

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Recent years have brought a stream of exciting developments in the field of Business Process Management (BPM). We have seen a breathtaking uptake of business process automation technology, such as Robotic Process Automation (RPA). We have witnessed the rise of process mining, and promising evolutions in the areas of predictive process analytics and digital process twins. In the eyes of a business analyst, each of these technologies offers compelling opportunities to enhance operational excellence. However, if we look at these technologies in isolation, it is easy to miss the bigger picture and the wider space of opportunities that these technologies open when used jointly rather than applied in individual projects or silos.


Four Ways Data Drives Digital Transformation Success

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Digital Transformation quickly became one of the most popular buzzwords of the COVID era as leaders struggled to navigate the applications, virtualized experiences, and new practices required to enable and manage a remote workforce fully. Yet, even as many organizations have returned to on-site or hybrid operations, the need for leaders to define, execute, and balance how a business adapts to the faster pace of today's digital reality has never been more critical. At its simplest, Jean-Luc Robert, CEO of Kyriba, sees digital transformation as a catalyst to achieving accelerated business growth with a modern application of talent, smart processes, and actionable data. With hyper-connected solutions enabled by composable, AI-driven technology that unifies data from across the enterprise, modern business leaders can stay ahead of the competition and drive strategy with precision and confidence. Regardless of who within the C-Suite is driving change, to make digital transformation successful, ... [ ] executives and their teams must leverage finance as a critical partner to deliver.