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Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use CasesĀ 

ThroughPut

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. Without visibility into this complex process, identifying the areas for improvement and the actual scope for improvement was becoming a growing challenge for this aerospace sensor company.

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6 Manufacturing Trends You Need to Know

Arena Solutions

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

Which supply chain metrics correlate to market capitalization by Morningstar sector? Amazon can now deliver almost every category of item to your home with no shipping cost for Amazon Prime customers. Performance-based logistics in aerospace and defense changed the A&D industry forever. Results of the Supply Chain Index.

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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. This metric helps the procurement department reduce future costs and prevent price increases due to inflation or other economic factors. Cost Avoidance. Supplier Lead Time.

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Comprehensive Guide to Mobile Inventory Management Systems

RFgen

Barcode software captures instant, 100% accurate inventory transactions for receiving, put-away, inventory counts, warehouse transfers, re-ordering, picking, packing, shipping, and delivery. Mobile defense industry solutions helped aerospace-defense contractor CarlisleIT rocket to success.

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Examples of How Supplier Quality Management System Implementations Pay Off

GlobalTranz

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Always work toward quality perfection (even though perfection does not exist) with all of your suppliers.

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How Machine Learning Is Redefining Supply Chain Management

IQMS

The machine learning algorithms in IBMā€™s Watson platform were able to determine if a shipping container and.or Also, machine learning is leading to more accurate measures of Overall Equipment Effectiveness (OEE), a key metric many manufacturers and supply chain operations rely on.