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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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Philip Morris Drives Manufacturing Insights Using A Digital Twin

Supply Chain Shaman

In our pandemic research, we interviewed thirty manufacturers. All struggled, during the initial supply chain COVID-19 response, to run effective “what-if analysis” in their supply processes. The applications were too hard-wired into the IT architectures making ad-hoc analysis impossible. We avoid big buzz words.

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Technology Improves Manufacturing Disaster Preparedness

DELMIA Quintiq

Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. Predictive Analysis for Shipping. With the right application of intelligent technologies, manufacturers and supply chain partners can more easily make proactive decisions, like diverting vessels and making other route changes.

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Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? The power of business intelligence for manufacturers. Mid-market manufacturers need a tool that’s tailored to their needs.

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Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

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What is Just in Time Manufacturing? Benefits & Disadvantages

Unleashed

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.