Remove Blog Remove Manufacturing Procurement Remove Metrics Remove Supply Chain Visibility
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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Make to Order: Here, products are manufactured based on specific customer orders.

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6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

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How Does Inflation Affect Supply Chain Profitability?

QAD

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

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Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Reducing supply chain forecasting errors by 50% and lost sales by 65% with better product availability is achievable with machine learning. The World Economic Forum (WEF) and A.T.

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How to Optimize the Medical Device Supply Chain

QAD

The medical device supply chain is constantly in need of resiliency. Supply chain challenges faced by manufacturers of delayed deliveries and stockouts take on additional urgency in the medical device arena, where patient well-being depends heavily on timely and accurate delivery. Expanding supplier relationships.

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ROI in Supply Chain: Achieving Rapid Value with ThroughPut AI in Just 90 Days

ThroughPut

ThroughPut AI: 6 Steps to Rapid Supply Chain ROI and Time to Value Step 1: Project Kick-off This stage is when we lay the foundation of the AI project – we clarify and define objectives, establish the project scope, and ensure that all stakeholders are on the same page. can provide tangible indicators of success.

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Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). Accessibility.