ERP Strategy and Planning

SYSPRO has appointed Mathias Høyer as Chief Financial Officer to support its expansion strategy, bringing extensive financial and transformative experience from previous leadership roles in high-growth tech firms.

The adoption of Artificial Intelligence in manufacturing is transforming decision-making, predictive maintenance, and quality control, with 80% of manufacturers investing in AI to enhance efficiency and innovation, despite facing integration challenges that require clear strategies and investment in workforce upskilling.

The article discusses the potential benefits and challenges of integrating AI into manufacturing ERP systems, highlighting various effective use cases such as predictive maintenance and demand forecasting, while emphasizing the importance of quality data, workforce readiness, and a structured approach to implementation.

RFK Racing leverages SYSPRO's advanced ERP technology to enhance operational efficiency, ensure compliance with NASCAR regulations, and master the complexities of inventory management, all of which contribute to their competitive edge in the high-stakes world of professional motorsports.

A SYSPRO report highlights a growing demand for AI, automation, and IIoT in manufacturing, although deployment challenges such as integration issues and workforce shortages persist, with only 12% having implemented AI despite 80% planning to allocate resources for it.

SYSPRO has acquired NexSys to enhance its presence in the UK and Europe, broaden its digital manufacturing capabilities. The acquisition will drive new software solutions for mid-market manufacturers and distributors.