Remove Automotive Remove Inventory Remove Procurement Solutions Remove Research
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How ERP can help the automotive parts and accessories industry in a post-COVID world

SYSPRO Smarter ERP

At the beginning of 2020, the global market for automotive parts and accessories had enjoyed several years of high margins and steady growth in a stable environment. This means automotive parts and accessories businesses must start looking at changing their business model and will need technology to help support the change.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology? RFID tags can reduce out of stocks by up to 80.3%

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The Manufacturers Health Check: Firms Holding Double the Stock Amidst ‘Inventory Crisis’

Unleashed

Gross Margin Return on Inventory (GMROI), a profitability metric that accounts for unsold inventory, has now dropped in all three countries as manufacturers abandon the Just In Time business model for the more costly Just In Case approach. The average price paid for goods purchased. In the same period GMROI dropped from 2 to 0.9

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American Software Reports First Quarter of Fiscal Year 2022 Results

Logility

ATLANTA (August 25, 2021) American Software, Inc. million for the same period last year, and Software license revenues were $0.5 million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. About American Software, Inc. million compared to $0.8

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Lifting The Gray Curtain

Supply Chain Shaman

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. The solution was too black box. Hence the solution couldn’t be much maintained. ” My take? Lockdowns and Disbelief.

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Metcalf’s Law Does Not Apply to Supply Chain Management

Logistics Viewpoints

But there is a type of solution known as multi-enterprise supply chain networks (MSCN). A MSCN is a collaborative solution for supply chain processes built on a many-to-many architecture which supports a community of trading partners and third-party data feeds. In automotive, the OEM says “jump” and the suppliers asks “how high?”.