Logistics Viewpoints
MARCH 27, 2023
When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!
Logistics Viewpoints
JUNE 29, 2023
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SYSPRO Smarter ERP
MARCH 15, 2023
Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data.
Logility
JUNE 2, 2023
In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. What is Demand Forecasting Accuracy?
Precoro
NOVEMBER 13, 2023
One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?
Supply Chain Shaman
MARCH 21, 2024
During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics.
ThroughPut
MARCH 24, 2024
However, the pandemic upended all processes that involved manufacturing, supply, and delivery of goods. This scenario raises the question: “How do we build systems that enable better demand planning for manufacturers, and what are the processes that support these?” Why do you Need Modern Demand Sensing to Solve Modern Problems?
Expert insights. Personalized for you.
189 
Let's personalize your content