Please Wait a Moment
X

Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

Infor LX | Infor LN | BPCS | Baan | Infor M3

Harnessing the Power of AI to Help Manufacturers Sell More at the Right Time

AI: Transforming Manufacturing—From Production to Profitability

As AI reshapes industries, manufacturers ask critical questions: How will customers discover and purchase products in an AI-driven world? And how can companies keep pace with these advancements?

At Crossroads RMC, we address these challenges with our AI Readiness Assessment (AIRA). An AIRA creates a clear, actionable digital roadmap, significantly boosting efficiency, accuracy, and strategic capabilities. This assessment ensures a smooth, swift AI transition.

AI Readiness Assessment targets key Financial areas:

  • Cash Flow Management: AI improves cash flow forecasting, identifying potential shortfalls before they impact operations.

  • Cost Control: By analyzing spending patterns, AI reveals areas for cost reduction; maintaining quality and efficiency.

  • Financial Forecasting: AI uses historical data and market trends to enhance forecasting accuracy, empowering strategic financial decisions.

AI Readiness Assessment targets key Operations areas:

  • Production Planning: AI optimizes production planning by analyzing data and forecasting demand, helping to balance workloads and minimize downtime.
  • Supply Chain Disruptions: AI predicts potential disruptions and suggests alternative suppliers or routes, enhancing supply chain resilience.
  • ​Quality Control: AI detects defects in real-time and predicts quality issues before they occur, leading to higher consistency and fewer recalls.


AI Readiness Assessment targets key Technology areas:

  • Data Management: AI organizes, analyzes, and develops actionable insights from data.
  • Security and Compliance: AI enhances cybersecurity measures by detecting anomalies and potential threats in real-time, and automates compliance checks to ensure adherence to regulatory standards.
  • ​Performance Monitoring: AI continuously monitors system performance and identifies areas for improvement, ensuring optimal operation.
     

AI Readiness Assessment target key Executive areas:

  • Operational Visibility: AI integrates data from various sources to provide real-time visibility into all aspects of the business, enhancing oversight and control.
  • Risk Management: AI analyzes market trends, supply chain data, and internal processes to identify potential risks and recommend mitigation strategies.
  • Market Competitiveness: AI provides insights into market trends, customer preferences, and competitor activities, helping executives stay ahead of the curve.

How the Crossroads/Aleran can help you modernize your business through the use of AI (27:36)

Watch our video to learn more!

Connect with us at 800.762.2077, solutions@crossroadsrmc.com, or request an AI Readiness Assessment to start your path towards a flexible, future-proof ERP.
 

Previous Article Infor LX/BPCS Tips & Tricks for EXECUTIVES
Next Article Infor LN & Baan Tips & Tricks for FINANCE: Use of Electronic Bank Statements
Print
237 Rate this article:
5.0
George Moroses

George MorosesGeorge Moroses

Other posts by George Moroses

Theme picker

Contact author

Please solve captcha
x

Tips:  LX | BPCS | M3

Want to ensure that you have the materials you need when you need them?Want to gain insight into your ability to fulfill current and future orders timely? 

Consider implementing a method of evaluating your suppliers. A good understanding of your suppliers’ capabilities and past performance allows you to better plan and deliver orders on time to your customers. 

Some ERP systems have built in features to track supplier performance data. Reports can also be written to gather the information you need.  By whatever means you can achieve it, getting those results could be eye opening and very meaningful to your business.

First95969798100102103104Last

Theme picker

Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

12345678910Last

Theme picker

Categories