Accelerate Insights From Your SYSPRO ERP

Since our founding, Operations Resource Group has focused on bringing added value to our customers. With tax season upon us, the preparation of financial information and reports is critical. While many enterprise software products are strong in the areas of either accounting, manufacturing or distribution, SYSPRO excels at all three. This allows for accurate, deep data dives which accelerate insights for your CFO. Other members of the accounting department also can access the data. Reports become easier to manage and export… If…

You Can Understand the Data

Reporting features in SYSPRO are extensive, including the ability to output reports and documents in many different formats or standards, such as XML. Full audit trails are provided for all master data changes, as well as for all financial transaction activity in the system at sub-ledger and general ledger levels. Transaction history reporting is available throughout the system, along with online archiving of data and reports.

ORG has long championed the deep data dive that SYSPRO is capable of. However, a small to mid-sized business might find all this data overwhelming. Overwhelming data usually ends up being useless. We at ORG specialize in helping companies of your size in implementing and adapting automated business systems—like SYSPRO. We are always on the lookout for ways to adapt the big data reports from SYSPRO. We’ve recently started working with Anvizent with great success the past year.

Accelerate Insights and Understanding

Anvizent creates dashboards that report complex data in a simple, easy to read manner. Anvizent brings real-time, self-service analytics/insights to everyone’s fingertips, enabling them to continually improve decisions and performance.

The video below gives a quick overview of Anvizent’s Finance dashboards. Incorporating Anvizent with your SYSPRO ERP will give you quick access to data, allowing you to understand the factors driving revenue, cost, and profitability across products, business units, and locations.

Contact us and ask how we can assist your departments in accelerating data capabilities within your business systems.

“Right Now” does create conversions

Vince Atkin, Overstock’s vice president of supply chain, stated that a delivery message of 2-day shipping has a 30% higher conversion rate than a 3-day or more delivery message.

Overstock.com knew from the previous year’s data, they would need to improve their delivery times to customers significantly to close sales and compete with other online ordering services during the holiday season. To do so, they would need products warehoused closer to the customer.

This only made sense though for the highly impacted holiday season. “It would be foolish to build a network that could handle Cyber 5 volume and let it sit there for the other 51 weeks of the year,” Atkin says about shipping carriers handling increased volume.

So Overstock.com staged its promotional products at its third-party logistic warehouses so it could ship products to customers faster.

This is from a very brief article from Digital Commerce 360.

It’s a very quick read. It also highlights the importance of decipherable data for Overstock.com to arrive at the important insights regarding customers’ sale conversions and customer retention.

Overstock also uses a machine-learning model to forecast fulfillment that factors in historic carrier performance. It builds rules into its reporting to flag issues. For example, if an order hasn’t moved in a couple days, there is likely a problem. Overstock will reach out to its carrier if an order hasn’t moved within 48 hours to proactively deal with any issues, instead of waiting for the carrier or a customer to flag an issue.

(read entire article – 1 minute)

 

ERP data analytics

ERP conversion data

Data Mining: The Hidden Treasures of Your ERP

The boss is unhappy with the company’s ERP. After a costly implementation, delivery delays, and bugs being worked out – she still isn’t getting the answers from the data she was hoping for. The promised treasure from data mining remains elusive!

Why?

Upper management and company leaders have a primary responsibility; get answers and insights beyond the obvious. This is what keeps a company a world-class leader. And industry leaders also lead in profit – which is the bottom line. The timeliness of the answers to these hidden questions is what supports improvements on, “speed to market”, production management, P/L, waste management, customer retention – and more – company growth. Yes, default data analysis is useful; it’s also the default. It isn’t leadership data.

Remember, world-class leaders are thinking beyond the obvious.

Too much data?

ERP Systems are excellent for funneling data from a multitude of disparate sources. The information to answer a company’s key questions is collected and stored – that’s a given. Accessing it in a manageable manner is the challenge.

The value of data usually remains in a holding pattern. The technical knowledge to query data from a database, or databases, is yet immensely complex and challenging (SQL statements, Db management, programming languages). College degrees are created for such expertise. And we live in a time when big data is the norm. So data isn’t the problem; accessing it in a legible manner is.

Whose responsibility is it to go into the mine?

Most IT departments are already topped out with major responsibilities. Adding data management and reporting most likely will either get your IT department giving their notice, or have the responsibility back-burnered as they continue to concentrate on site/information security, hardware maintenance, and the day-to-day support for staff’s use of your company’s technology.  (How do check email on my phone again?) I’m sure you CIO has some others, more important, that I’m unaware of.

So… Consistent, timely reports are still not getting to the company leaders.

DIY: Data Instantly Yours

Ok, that’s a groaner – however, it happens to be true.

Operations Resource Group partnered with SYSPRO, a world leader in creating an ERP software solution for manufacturing and distribution, because of their capability to integrate complex business systems into a single platform. This integration of multiple departments (customer orders, production, inventory control, etc.) creates large data sets with the information your looking for to answer those subtle, hidden questions you’ve been asking.

ORG recently partnered with Anvizent, a soup to nuts Analytics Solution for robust ERP Systems. In a short time, we and our clients have experienced phenomenal success. Anvizent reporting easily allows a person to track operations, spot hidden trends and patterns, uncover issues and take immediate action to keep performance world-class. By integrating Anvizent with SYSPRO, company leaders get the power of deep data mining while also receiving the insights from your SYSPRO ERP data in simple, manageable dashboards and reports. The people who want the answers and information are getting it when they want it – because they get it themselves.

Those hidden treasures are now readily available.

Data mining is for everyone

Because Anvizent is customizable, one can create user accesses for all departments appropriately. Now everyone from Executive to HR, Warehouse to Sales – everyone is safely, and most importantly, accurately reading and analyzing the reports that support their daily work.

Give us a call. We’ll happily answer your questions and concerns as we continue to support you and your business growth. We strongly believe that our partnerships with SYSPRO and Anvizent support our excellence in customer service.

12 to Help Choose the Right Analytics Solution For You

If you are looking for a BI and analytics solution to make your organization data-driven, then you well know how easy it is to feel lost or overwhelmed.

Getting analytics right

Selecting a Business Intelligence (BI) and analytics solution is a decision that will impact your business for years to come. While the right solution will help you use your data to drive competitive advantage, spending your budget on the wrong business solution can end up adversely impacting your staff and production efficiency and ultimately harm your bottom line.

With so much at stake, making the right choice can seem daunting and to make matters worse, there are many BI players in the market that have seemingly indistinguishable offerings – each claiming theirs is the ‘next big thing’ in data analysis. We have a guide to help you navigate the market and avoid many of the pitfalls that come with selecting the right system to meet your business needs.

The Right Questions Direct to the Right Solutions

It seems obvious, however, the exploration stage of implementing automated business systems often gets the short end of the stick. A while back we discovered Anvizent, and quickly saw how integrating it with the power of SYSPRO ERP generated data gave everyone in an organization access to analytics where they can spot opportunities and issues, and more importantly, take proactive action to drive business performance.

This white paper developed by Anvizent has twelve excellent questions to empower your exploration to install or upgrade comprehensive technology solutions to support your business systems and improve efficiencies.

the heart of effective supply chains

Leverage Procurement to Support Competitive Supply Chain Models

With the impact of an increasingly global economy, organizations understand that it is no longer about a single-point organization competing with another, it has moved to an operational level with supply chains competing with supply chains.

Procurement is a promising arena in the quest for rapid, sustainable profits and competitive models. Streamlining your procurement procedures and making sure that all policies are in place is critical to the overall success of your business. Supply chain management drives companies to reevaluate the ways they manufacture, distribute, and sell products. By using an appropriate ERP solution, you can streamline this process even further, enabling your supply chain to become a strategic advantage to your business and set you apart from your competitors.

Download SYSPRO Leverage Procurement to Support Competitive Supply Chain Models

Congratulations to Westside Equipment Co.

It was just over a year ago that we gave a shout out to our friends at Westside Equipment Co. for cutting their annual physical inventories time in half. Our ORG Team helped Westside Equipment implement the WMS from Csoft/ Dynamisoft. They completed their initial count of close to 7,800 different line items within two and a half days.

Westside Equipment Co. just reported to us another year’s successful annual physical inventories with the WMS system; again in two days.

With those kind of results, I wonder why 35% of distribution centers are not using a WMS—and 6% say they have no plans to implement one? Those statistics are from an article in Supply Chain Management Review by the team that conducts an annual DC Measures Study.

There’s a lot that a WMS can do to improve upon your warehouse systems.

This is a short post. We just want to give a shout out to our friends at Westside Equipment.

What is your 2020 vision?

It is the final stretch of 2019; 2020 is just weeks away. Notoriously, this is a time when predictions of all kinds start getting posted. We’ve been posting a lot about AI and more automation in warehousing, financials, and customer relationship.

We happened to be pursing some content and found this article from down under: 8 CIOs reveal top line predictions for 2020. No surprise that AI and automation are top of mind with these interviewed CIOs.

What caught my attention were two items mentioned by Rohan Penman of T2 Tea, and Bradley Blyth of flybuys:

  • personalisation
  • regulation

personalisation

As customers are getting more used to an immediate and personal online experience, the demands for everyone to provide such experiences are increasing. Business systems increasingly moving into automated processed and incorporating AI still need to give a human experience to customers.

regulation

Europe’s GDPR regulations forced global changes to business operations. Though costly, I saw it also bring a lot more consciousness to handling stored data.
And now, similar to Europe, California’s CCPA goes in to effect January 1, 2020. These regulations require serious attention; automation might help manage bid data in your business.

2020 vision

I also saw this past week a lot of support for managers to gear up now so there is momentum for growth in 2020 starting with the new year. This might mean implementing new business systems to your process. It might be upgrading you find most appropriate.

We do believe integrated management of main business processes will help you serve your clients at world-class levels.

This article is a quick read; and a great way to kick-start you thinking about the new year. Here’s to 2020 vision!

(read complete article – PDF)

Automated Data Analytics for SYSPRO ERP

The Fastest, Simplest, and Most Cost-Effective Solution to Unlock the Power of SYSPRO ERP Data along with Other Enterprise Data

We are happy to partner with Anvizent for a cost-effective solution to unlock the power of your ERP Data generated with the SYSPRO ERP System. Anvizent’s deep integrations with your business systems include pre-built mappings and business logic along with automated ETL and data warehouse processes. Our ORG Team will help you integrate Anvizent and SYSPRO so you can analyze performance with powerful, interactive dashboards.

Once set-up, everyone in your organization can access the information they need, spot opportunities and issues, and take proactive action to drive business performance — at any time, from anywhere, with any device.

Take a look at this information flyer – and then give us a call. We’ll happily answer any questions, challenges, and let you know why we’re excited with this partnership.

(PDF Flyer)

Black Friday Means Inventory Management

Black Friday: We are into the part of the year when most retail business happens. I’ll never forgot a friend telling me many years ago (was it really that long ago?) that his retail store relied on 3 months – that were make or break. He expected 90% of his year’s sales to take place in the last quarter.

Can you take a breath come January 1st? Of course not, because now you are dealing with holiday returns! With that kind of surge in inventory, all business systems should be operating at optimal level. And we know that customers are expecting tighter inventory management—deliveries and returns—than ever before. This expectation might be keeping more than a few warehouse managers awake at night.

I think most will agree, automated systems are a given in inventory management.

In honor of this season of giving (que snoopy laughing), we have a free gift; an eBook from our partners at SYSPRO.

Inventory Management eBook

This SYSPRO eBook nicely explains the benefits an ERP System for Inventory Management will bring to your growing business, such as:

  • Support for product traceability
  • Movement and distribution
  • Valuation and costing
  • Planning and forecasting, and more

I think you’ll appreciate the simple manner complex responsibilities of inventory management are explained. Is pricing and sales a part of your business’ ERP system? In this eBook you’ll learn about how SYSPRO offers the Trade Promotion Management (TPM) module which takes the guess work out of this important strategic decision. What about inventory unsold at the end of the financial year? The TPM module helps keep your inventory in check.

Take a look at this book, and Happy Black Friday.

(Download eBookManaging Inventory with ERP )

AMRs are working alongside humans—­not in place of them

While autonomous mobile robots can reduce the labor requirement that warehouse operators often struggle to fill, in many cases, AMRs are deployed to work alongside humans—­not in place of them. Find out why a Lockheed Martin warehouse that fills orders for aviation parts deployed mobile robots, and how they’re viewed as helpers by their human co-workers.

Autonomous mobile robots (AMRs) are quickly becoming common place in warehouse operations. A lot of the communication regarding the new tech focuses on robots taking people’s jobs. With the rise in artificial intelligence, it is becoming a real debate about the possibility of machines taking over. I think Pandora’s box is open; there is no going back with technological advancements in the warehousing realm, or other business systems for that matter. In fact, a recent article in Modern Materials Handling states that the AMR market “will grow nearly tenfold” in the next five years – becoming a “$6.8 billion” industry in sales.

However, this article by Roberto Michel is a positive look at increasing AMR solutions in the work space. Michel states towards the beginning of the article, “For companies deploying AMRs in DCs, robotics is often seen as a way to make the human labor you can secure more productive, rather than try to run a fully automated DC. That makes mobile robots more like co-workers than gear that is going to “automate” associates out of jobs.”

I found this article to not only be informative, but also a good reminder that technology can be integrated as a win/win. Michel writes about integrating a WMS with AMR solutions. He also has some good examples of including the warehouse workers in the integration process so that the AMRs have co-worker support.

Michel’s article focuses on the experience at Lockheed Martin Corporation, where its use of AMRs has forged a tight working relationship between the workers and the robots.

It’s a good, informative, and supportive article.

(read complete article)