Recent TRG blog posts

For many manufacturers, especially subcontractors, the benefits of barcode scanning have already been witnessed at the inventory level. Barcode scanning enables effective inventory management and provides accurate information about employees’ work hours and the shop floor by tracking production progress and avoiding bottlenecks.

More and more manufacturers are adopting advanced technologies to gain more real-time insights into processes and the overall financial situation so they can make more informed decisions.

Enterprise Resource Planning, or ERP, is software that is intended to tie together an entire organisation.

On September 27th 2022, Business Intelligence Group announced the winners of its 2022 BIG Awards, an annual award established to acknowledge companies, products, and people offering unique technological solutions.

ERP accounts for the largest share of enterprise software spending. According to Gartner's Market Share, ERP software revenue increased globally by 11% from 2020 to 2021, reaching a total of $44.4 billion.

There are two opposite ends of the inventory philosophy spectrum: Just-in-time (JIT) and Just-in-case (JIC). In this article, we will only focus on the JIC method and explain what it is and its application.

Contents

• What Is JIC (Just-in-case)?
• Advantages of JIC 
• Disadvantages of JIC 
• What type of companies should use JIC? 
• How can businesses succeed with this model?

Read more: Impacts of COVID-19 on Manufacturing Supply Chain (Part 1)

The ERP Value Matrix is a well-known ERP ranking and evaluation report published annually by none other than the equally famous, market-leading technology research and analysis firm, Nucleus Research.

Ferrari is a luxury carmaker company that sought to enhance the sophistication of its IT systems to better manage its internal processes and improve efficiency. The huge re-engineering of Ferrari’s processes required the right enterprise software, and Ferrari chose Infor.

In the previous article, we touch base on the business aspect of an ERP project and the reasons why organisations need to resolve their business issues if they want to successfully implement the new ERP system. 

An Enterprise Resource Planning (ERP) system was built with the purpose of eliminating the redundant business process and ensuring the data flows smoothly across all functions and departments thus promoting interdepartmental collaboration.