ERP and Related Technologies to Automate, Digitize and Thrive

By Lisa Anderson

Manufacturers utilize less than 20% of the full functionality of their ERP systems. But the key question is, why does it matter? In today’s inflationary and supply chain disrupted business environment, manufacturers need to automate and digitize to “do more with less” and thrive during these volatile times. One important way to achieve this goal is to further leverage your ERP system where it will make a difference.

No matter which ERP system you use or how archaic, there will be opportunities to use additional functionality. In 30 years of working with manufacturers, I haven’t had one example of a client that couldn’t benefit by expanding the use of ERP.

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2022 Brushware September-October FEIBP Preview Digital Edition

 

The 2022 Brushware September-October FEIPB Preview issue is now available to all readers in eMag (digital edition) format. This annual edition offers a preview of the 62nd FEIBP Congress along with a guide to the host city of Prague. In addition, the issue features the Best Watercolor Brushes for 2022 as recommended by top artist brush manufacturers. The issue also includes the First Half 2022 US Import/Export data and Lisa Anderson’s column on using ERP to Automate, Digitize and Thrive.

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Supply Chain Collaboration and VMI to Get Ahead of Economic Challenges

By Lisa Anderson

With record-breaking price increases and lack of material availability, manufacturers are experiencing increasing threats to profit margins and maintaining strong customer service. To add fuel to the fire, they are also now having to consider plans to prepare for a potential recession. It is becoming increasingly difficult to navigate these volatile times, and the most successful are not doing it alone. Instead, they are pursuing collaborative programs with supply chain partners. What is clear is that there will be more winners and losers created than at any other time in history. Thus, it is worth figuring out how to work with your supply chain partners to ensure mutual success rather than mutual demise.

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2022 Brushware Summer Buyers’ Guide eMag Now Available

 

The 2022 Brushware Summer Buyers’ Guide July-August issue is now available to all readers in eMag (digital edition) format. This annual edition offers a full directory listing of the top companies in the industry along with a full product/category Buyers’ Guide Index — a handy macro view of products, raw materials, machinery, components and services for the brush, broom, paint products and mop industry. In addition, this issue offers Phillip M. Perry’s feature on inflation with insights on how to guide your business through this inflationary period.

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How Businesses Can Thrive During Inflation

By Lisa Anderson

According to the Wall Street Journal, consumer prices are the highest in 40 years. It certainly doesn’t seem to be letting up. In fact, with the Russia-Ukraine war, there will be continued inflationary pressure on products related to oil, gas, commodities and food at a minimum. Clients and colleagues are seeing record increases in the costs of raw materials, components and supplies. Strong companies are prepared to thrive during these inflationary times. They are resilient and willing to take action as conditions change.

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2022 Brushware May-June eMag Now Available

 

The 2022 May-June Brushware issue is now available to all readers in eMag (digital edition) format. This edition offers coverage of the ABMA’s return to a live convention along with an interview with the MGG North America leadership on their strategy for the US, Canada and Mexico markets. Additionally, we present our feedback from key industry leaders on the future of the Interbrush, the industry’s largest dedicated tradeshow. And there’s plenty more including a profile and interview with new German brush manufacturing startup BrushBoxx.

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Business Planning Strategy Process to Grow and Scale

By Lisa Anderson

According to FactSet Insight, revenue growth is predicted at 7.5 percent for 2022 which is substantial when considering it is following record-breaking growth in 2021. Clients and colleagues are seeing record increases in sales revenues and pricing. The companies that have product and can satisfy customer needs are continuing to grow faster than the average as they take market share from the competition, whereas the companies struggling and waiting for supply chain disruptions to ease are deteriorating. The strong are getting stronger, and the weak are getting weaker.

There are several operational and supply chain priorities required to be ready to absorb additional sales. A critical one is to have base planning and scheduling processes with an eye to collaborative and concurrent planning processes with programs such as SIOP/ S&OP (sales, inventory and operations planning), what-if scenario planning and advanced insights into down-the-line impacts. In essence, the best way to say “yes” to profitable revenue growth is to have the ability to rapidly assess capabilities and impacts and be assured of your ability to execute.

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2022 Brushware March-April eMag Now Available

 

The 2022 March-April Brushware issue is now available to all readers in eMag (digital edition) format. This edition offers our second annual Global Brush Directory with more than 350 brushware manufacturers listed by country. We also offer an extensive preview of the upcoming ABMA Convention complete with a brief guide on things to do in Bonita Springs. Plus, the edition features expanded end-of-the-year 2021 US import-export industry data with five-year chart history. And, be sure to check out the profile on ABMA Emerging Leader chair Kevin White from the Industrial Brush Company and Lisa Anderson’s column on the advantages and opportunities in structured planning and strategy.

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