Aerospace Comparison Inventory Procurement Analytics 
RFgen
APRIL 30, 2024
The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.
GlobalTranz
MAY 20, 2015
The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.
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Supply Chain Shaman
JUNE 14, 2018
Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. The largest increase is in Aerospace and Defense (A&D). Days of Inventory by Industry Across Years. PFEP optimizes the policies that define how to procure each part.
Supply Chain Shaman
JULY 29, 2013
We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.
ThroughPut
MAY 16, 2024
Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.
QAD
MAY 19, 2021
Aerospace and Defense. Analytics and Reporting. An ERP software system allows for better performance and project management that helps plan, budget, predict and accurately report on an organization’s financial health and processes. Data Reporting and Accuracy. Warehouse & Inventory Management.
GlobalTranz
AUGUST 11, 2016
At Wenzel we watch the PMI ( Purchasing Managers Index ) and the USMTO (United States Manufacturing Technology Orders) numbers and compare them with our own performance. The Purchasing Managers' Index (PMI) is an indicator of the economic health of the manufacturing sector. Comparison of USMTO and PMI data over the last 5 years.
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