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AI in Manufacturing - Industry 4.0 Live Q&A - Jan 3, 2025

4.0 Solutions Podcast

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Navigating Inventory Management Challenges in Manufacturing

This chapter explores the intricate relationship between Manufacturing Execution Systems (MES) and Enterprise Resource Planning (ERP) systems in managing inventory. It highlights the transformation needed for companies to evolve into 'smart organizations' through better data infrastructure and the integration of IoT. The discussion also addresses real-world challenges faced by manufacturers, particularly in India, emphasizing the importance of a structured approach to data collection and the decision-making process regarding ERP solutions.

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