Plastics Manufacturing

Personalizing an ERP for your Plastics Manufacturing Organization

Personalizing an ERP for Plastics Manufacturing

Mass customization is a goal for many Plastics Manufacturers, and the concept is pretty simple. Differentiating through smaller runs that are differentiated by the custom nature and desires of your customer. Enriching the customer experience – great in theory, but not always easy to execute. This same concept extends to your ERP system. Out of…

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Why are Plastics Manufacturers Embracing Digital Twins?

Digital Twins in Plastics Manufacturing

In the spirit of Digital Transformation (See our blog from last week – Why Are Plastic Manufacturers Embracing Digital Transformation?), Plastic Manufacturers continue to look for: Transformational changes to generate more revenue Initiatives to protect and grow their user base Ways to produce more with fewer resources Here are some additional ways that Digital Transformation…

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Why Are Plastic Manufacturers Embracing Digital Transformation?

Digital Transformation in Plastics Manufacturing

As I sit through a digital transformation and technology oriented conference, there are some recurring themes that are relevant for plastic manufacturing. “Focus on the outcome”… ”Start with the end in mind”… While a tad cliché-ish, they remain true. By the way, each presentation is being automatically converted via voice to text, so every single…

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Plastics Manufacturing: Business Intelligence Is The New Currency, Not Big Data

Business Intelligence in Plastics Manufacturing

Okay, this is not just for Plastic Manufacturing, but given the competitiveness and growth of plastics, I’d suggest that this statement is absolutely true. Consider some of these typical comments: “Geez, if we’d only known earlier…” “Who could have predicted that?” “Why aren’t we doing that?” “It seems so obvious now…” “We could be rich…

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Managing Expiration Dates in Plastics Manufacturing

Expiration Dates in Plastics Manufacturing

While using a First In, First Out (FIFO) inventory management method in Plastic Manufacturing is well known and helps control time based degradation by constantly rotating raw materials, it doesn’t necessarily address differences in raw material quality deterioration associated with this aging. Resin, colorants, and other additives obviously do not have the same properties (different…

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Apps, ERP, and IoT in Plastics Manufacturing

Apps, ERP and IoT in Plastics Manufacturing

Plastic Manufacturing is growing, and it remains a cutthroat industry. It’s no longer enough to simply have good products or an efficient manufacturing operations – you now need the proper systems and technology in place to succeed. Your ERP runs your business, houses your master data, and is your primary system of record. On the…

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The Art and Science of Demand Forecasting for Plastic Manufacturers

Demand Forecasting Plastics Manufacturing

Whether your Plastics Manufacturing Business is volatile or stable, continued growth in the top and bottom lines is expected. Presumably, everyone knows the myriad of reasons and impact that accurate demand planning has on carrying costs attributed to overstocked inventory, Return on Capital, Cash Flow, and Earnings. If underestimated, it can obviously adversely affect revenues…

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Leveraging Mobile Devices in Plastics Manufacturing Warehouses

Mobile Devices in Plastics Manufacturing Warehouses

The warehouse continues to be a focal point for performance improvement in Plastics Manufacturing. Equipping personnel with RF guns or other mobile devices is an important factor in picking and putaway performance. Microsoft continues to understand mobile device advantages by developing mobile applications, using HTML5, or specifically targeting RF devices. There are still pros and…

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How Plastics Manufacturers Add Customer Service Value Using Consignment Inventory

Consignment Inventory

It is not unusual for Plastics Manufacturers to offer a Consignment Inventory model as a value added service to customers. Whether it’s due to the: • Tight collaboration necessary in the Supply Chain required by industries like automotive, • Volatile demand in your customer’s industry, • Financial needs of new customers related cash flow or…

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