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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

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Metrics that Matter: Customer Service

QAD

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Choosing Metrics.

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Top 5 KPIs for Purchasing Managers

Precoro

Whether or not the purchasing manager decides to incorporate outside guidelines, like those from the APS, they should work together with upper management to define these goals. By keeping track of these metrics, the purchasing manager can identify inefficiencies in inventory planning and discrepancies in tracking inventory.

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How to Get Smart Using Business Intelligence

OptiProERP

While the overall trend is toward more integrated and flexible systems that can process voluminous amounts of data, yielding analytics and metrics for improved decision-making, a majority of manufacturers still have yet to commit to the newer, “smarter” technologies.

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Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

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Supply Chain Governance Is Essential to the Ethical Business

Logility

The Logility platform enables good governance and accelerates the sustainable digital supply chain by leveraging data-driven tools such as advanced analytics and AI that empower your business with greater visibility that means accurate planning, accelerated cycle times, improved precision, and increased operating performance.

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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

This is achieved through advanced applications with embedded analytics and AI, spanning the end-to-end supply chain via seamless integration. Analytics provide a deep understanding of threats and opportunities to improve customer experience and corporate performance. Data leads to insight, which leads to action.