Metrics that Matter: Inventory Effectiveness

QAD

Managing an Inventory Investment. Managing inventory effectively is a delicate balancing act, affected by lead times, supply chain efficiency , demand variability, product complexity, product life cycles, warehouse space and practices, among other variables. It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business.

Logistics Metrics You Didn’t Know You Should Be Watching

Supply Chain Collaborator

Yard management is a crucial piece of any successful logistics management practice with significant implications for efficient supply chain planning. Without timely data from yard operations, management cannot fully ascertain the performance impacts and operational efficiency they may be missing. Troublesome delays can occur while assets are on the yard at DCs, warehouses or manufacturing facilities. . __. Asset management/inventory controls.

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Business Process Optimization in Asset Management - Infosys Blogs

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

5 Factory Uses for Sensors You Might Not Expect

DELMIA Quintiq

Asset Tracking, Order of Operations and Facility Security. The combination of mobile identifying tags and stationary sensors also helps keep your vehicles, lift trucks and other assets accounted for. Improve Risk Management and Insurance Oversight. This is the time to begin planning for a near-future where sensors are printed onto products as a matter of course, so maintenance specialists can determine product usage, material degradation and other performance metrics.

5 Factory Uses for Sensors You Might Not Expect

DELMIA Quintiq

Asset Tracking, Order of Operations and Facility Security. The combination of mobile identifying tags and stationary sensors also helps keep your vehicles, lift trucks and other assets accounted for. Improve Risk Management and Insurance Oversight. This is the time to begin planning for a near-future where sensors are printed onto products as a matter of course, so maintenance specialists can determine product usage, material degradation and other performance metrics.

How will Future Maintenance be?

Infosys Supply Chain Management

When we look at asset intensive organizations, most of these firms would want to stick to their area of expertise i.e. manufacturing/producing products of value. When we look at asset intensive organizations, most of these firms would want to stick to their area of expertise i.e. manufacturing/producing products of value. My area of interest is the outsourcing of Enterprise asset management itself as a function.

What's your KPI?

Infosys Supply Chain Management

Asset Management, a key function, has a strong potential to influence the success of the mainstream business. The scope of Asset Management had been limited to short or midterm goals which seldom tied back to the strategic business goals of the Organisation. We all know the importance of Metrics, KPIs offers us exactly this. But, can a zero fault asset run a business successfully?

KPI 33

Actionable Insights: Fixed Assets

QAD

Next, we will provide an overview of the Fixed Assets Action Center as well as the associated key performance indicators (KPIs). Fixed assets include land, buildings, or machinery and equipment that will have a long useful life. Unlike current assets such as receivables, companies don’t expect to turn fixed assets into cash in the short term—not for at least a year, and usually longer. KPIs on the Fixed Assets Action Center.

KPI 87

Actionable Insights: Equipment Analysis

QAD

The Equipment Analysis Action Center allows users to measure and track asset utilization , and analyze failures and downtime to help identify common causes or potential problems such as faulty replacement parts or inadequate maintenance. Knowing that the critical equipment is in the best possible condition helps to ensure that the company is effectively managing assets and can stay on schedule to make on-time shipments.

Actionable Insights: Equipment Analysis

QAD

The Equipment Analysis Action Center allows users to measure and track asset utilization , and analyze failures and downtime to help identify common causes or potential problems such as faulty replacement parts or inadequate maintenance. Knowing that the critical equipment is in the best possible condition helps to ensure that the company is effectively managing assets and can stay on schedule to make on-time shipments.

Supply Chain Digitization: Starting the Journey

Requis

Outside observers are surprised to learn that some multi-billion dollar supply chains are still managed with manual processes, spreadsheets and even paper records. Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. But as we head into 2020, the pressure is increasing for supply chain managers to integrate new technologies.

Supply Chain Digitization: Starting the Journey

Requis

Outside observers are surprised to learn that some multi-billion dollar supply chains are still managed with manual processes, spreadsheets and even paper records. Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. But as we head into 2020, the pressure is increasing for supply chain managers to integrate new technologies.

How Data Drives Corporate Sustainability

EHS Sustainability Knowledge at Work

According to Boston Consulting Group , those asset managers likely to take advantage of data, machine learning, and AI are will more likely thrive in the future. Portfolio managers much more interested in environmental, social and governance issues need better, more detailed and useful data on a company’s true impact. It is used by investors representing more than $100 trillion in assets, and continues to ask questions of companies and their suppliers alike.

3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. However, the companies that change their foundational supply chain execution practices to enable efficient and effective transportation routes and asset management, not only operate optimally and profitably but also dramatically lower their waste, reduce hazardous emissions, and promote their overall environmental sustainability.

Where Should Supply Chain Time Be Spent After the Pandemic?

Supply Chain Game Changer

How did people manage through the situation? Digital Supply Chain ) Asset management and Cash cycle improvement. Leadership Strategy Supply Chain Management Risk ManagementSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus pandemic has disrupted every aspect of our lives and the global economy.

QAD Explore 2019: Vertical Market Round-up

QAD

In addition to providing a visual interface on the shop floor, the solution includes the line-side delivery of documents, the ability to create and track downtime events and the integration to QAD Automation Solutions for material management and tracking. All operator, production order and equipment transactions are recorded via data lake technology to provide for advanced traceability and operational metrics.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. A good MOM is one that combines all essential production processes to enhance quality management, boost operational excellence, and help in advanced planning and scheduling activities. . Production Management Software.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. A good MOM is one that combines all essential production processes to enhance quality management, boost operational excellence, and help in advanced planning and scheduling activities. Production Management Software.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. A good MOM is one that combines all essential production processes to enhance quality management, boost operational excellence and help in advanced planning and scheduling activities. Production Management Software.

Refresh Your Supply Chain – Have a Coke and a Smile

Supply Chain Network

Clearly, this company knows a thing or two about supply chain management. The purpose was to streamline the supply chain by providing the latest technology to managers, delivery drivers and merchandisers. The result was improved flexibility of production, as well as better inventory and asset management. The company has fascinating and proactive strategies in supply chain management which keep it at the top of the business sector.

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

We are also seeing massive technology shifts, such as the rise of 3D printing, embedded digital chips, and other digitization technologies that will not only produce larger and larger pools of data, but will require increasing capability to monitor and manage. Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force.

Supply Chain Management:Smarter Partnering for Smarter Business

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

Supply Chain Management:Growing interest in sustainability from.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

Supply Chain Management:Instance Consolidation Strategy

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

Supply Chain Management:Demand Planning in CPG industry.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

Supply Chain Management:Rapid Innovation will Differentiate the.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

Supply Chain Management:Supply Chain Visibility: The need.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.

Demand Planning - Practicing the Best Practices - Infosys Blogs

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions.