SYSPRO Smarter ERP

APRIL 24, 2023

SCOR Processes To measure and monitor the performance of these processes, the SCOR model also has metrics which can be used for supply chain performance — Reliability, Responsiveness, Agility, Cost, Profit, and Asset Management, and has recently added metrics for Environmental and Social attributes.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Infosys Supply Chain Management

JUNE 20, 2013

Discuss the latest trends and solutions across the supply chain management landscape. « Linear Asset Management and Dynamic Segmentation- Part II | Main | Global Template Solution - Approach » Business Process Optimization in Asset Management. as used in production or delivery of services.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Logistics Viewpoints

DECEMBER 8, 2022

But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist. Yard Solutions provides a set of dock, yard, and asset management capabilities including slot bookings, yard forecasting, and real-time yard reporting.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

RFgen

FEBRUARY 13, 2020

Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Inaccurate Data.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 55

QAD

AUGUST 26, 2021

AI is becoming a proactive element to advanced manufacturing, product lifecycle management and enterprise asset management. In addition, companies can find independent contractors and IT service providers to fill talent gaps. “AI

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. To date, this initiative already has 87 signatories and $37 trillion assets under management. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

RFgen

FEBRUARY 13, 2020

Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Inaccurate Data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Establishing a robust performance monitoring system with key performance indicators (KPIs) and metrics is crucial. Failure to establish Credit Terms or not confirming routing details could lead to unnecessary delays.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. This includes the management of all assets: fixed and working capital. For example: Verify your strategy.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. To date, this initiative already has 87 signatories and $37 trillion assets under management.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

RFgen

OCTOBER 11, 2018

Inventory accuracy: This metric measures the number of items listed as in-stock against the total found within spare part and raw material caches. According to Modern Materials Handling, 10 percent is the optimal target for both metrics. Manufacturing.net reported that this figure should be in the 95 percent range.

Procurement Analytics 52

Procurement Analytics Metrics Optimization Software Procurement Solutions 52

RFgen

OCTOBER 11, 2018

Inventory accuracy: This metric measures the number of items listed as in-stock against the total found within spare part and raw material caches. According to Modern Materials Handling, 10 percent is the optimal target for both metrics. Manufacturing.net reported that this figure should be in the 95 percent range.

Procurement Analytics 52

Procurement Analytics Metrics Optimization Software Procurement Solutions 52

RFgen

FEBRUARY 7, 2019

In this article, we will explore how maintenance, repair and operations/overhaul (MRO) can benefit from digital transformation, including: Why you should digitize your MRO and enterprise asset management (EAM) practices. EAM: The Challenge of Tracking Assets. Let’s explore why that is: Best-of-Breed Asset Management Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Predictive Analytics Software 52

EHS Sustainability Knowledge at Work

OCTOBER 10, 2018

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.

Sustainability 56

Sustainability Modeling Software Supply Chain Network Software Data 56

Enterra Insights

AUGUST 18, 2021

Asset Management. By placing IoT sensors in critical equipment and machinery, a variety of performance metrics can be monitored, enabling the prediction of breakdowns and any other possible maintenance issues.” ” IoT sensors can help improve track and trace capabilities. ” Reduced Manufacturing Costs.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

TrackVia

AUGUST 29, 2023

Enter TrackVia—a modern solution designed to revolutionize the way businesses think about asset management. TrackVia’s platform allows for a level of customization previously unheard of in the industry, ensuring that businesses can create an asset management solution that’s just right for them.

Analytics Software 52

Analytics Software Predictive Analytics Software Modeling Software Optimization Software 52

Supply Chain Matters

APRIL 28, 2023

The focus often turns to improvements in working capital efficiencies, inventory and capacity management in addition to more efficient asset management. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

TrackVia

AUGUST 29, 2023

However, traditional asset lifecycle management tools often come with limitations; they might be rigid, not scalable, or simply not tailored to cater to the specific needs of a particular business. Enter TrackVia—a modern solution designed to revolutionize the way businesses think about asset management.

Analytics Software 52

Analytics Software Predictive Analytics Software Modeling Software Optimization Software 52

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. The software simplifies administrative control, enabling managers to invest less time and resources on this effort through streamlining and delegation. Fleet Management Costs in Conclusion.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

Requis

MAY 24, 2022

In our first year of calling attention to this goal , we had hoped that developing and adopting an easy-to-use ESG metric and sustainability efforts would encourage businesses to adopt and implement to reduce waste and use energy efficiently.

Waste Reduction 52

Waste Reduction Supply Chain Material Savings Sustainability 52

Requis

NOVEMBER 11, 2019

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. Book a Free Demo.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

Requis

NOVEMBER 11, 2019

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. Book a Free Demo.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 52

Government Optimal Sourcing Sourcing North America 52

Supply Chain Game Changer

JUNE 23, 2020

Digital Supply Chain ) Asset management and Cash cycle improvement. Action Plan Deployment. Every initiative you define will require resources and leadership to get underway.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 101

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 40

Government Optimal Sourcing Sourcing North America 40

QAD

MAY 19, 2020

QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. QAD Enterprise Asset Management is a valuable tool for managing maintenance and downtime, and this action center provides the necessary insights for effective action. KPIs for Effective Equipment Analysis.

Analysis 145

Analysis Metrics KPI Predictive Analytics 145

QAD

MAY 19, 2020

QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. QAD Enterprise Asset Management is a valuable tool for managing maintenance and downtime, and this action center provides the necessary insights for effective action. KPIs for Effective Equipment Analysis.

Analysis 145

Analysis Metrics KPI Predictive Analytics 145

Infosys Supply Chain Management

SEPTEMBER 30, 2015

My area of interest is the outsourcing of Enterprise asset management itself as a function. Today's organizations are outsourcing bits and parts of the maintenance scope, but we are talking about outsourcing asset management as a whole this would be a new high! EAM has wide range of scope viz.

Optimal Sourcing 20

Optimal Sourcing Modeling Software Manufacturing Procurement Resource Reduction 20

QAD

APRIL 6, 2022

Below are the key benefits of this metric, how it works and how to calculate your operation’s overall effectiveness. Overall Equipment Effectiveness is a metric that helps manufacturers identify the percentage of planned production time that is actually productive. What is Overall Equipment Effectiveness? What is the OEE Calculation?

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Predictive Analytics Software Optimization Software 52

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. OEE is a pervasively used metric in manufacturing as it combines availability, performance, and quality, defining production effectiveness.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

QAD

APRIL 16, 2020

The company reports depreciation as a debit to depreciation expense and a credit to accumulated depreciation to reflect the asset’s remaining value to the organization on the balance sheet, and to accurately reflect the costs on the income statement. KPIs on the Fixed Assets Action Center.

Expense Reduction 143

Expense Reduction Cost Reduction Strategies Metrics KPI 143

QAD

JUNE 27, 2019

All operator, production order and equipment transactions are recorded via data lake technology to provide for advanced traceability and operational metrics. Consumer Products and Food & Beverage.

Las Vegas 97

Las Vegas Pharmaceutical Beverage Automotive 97

TrackVia

AUGUST 15, 2023

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

Asset Management 98

Asset Management Optimization Software Optimal Sourcing Predictive Analytics Software 98

QAD

SEPTEMBER 22, 2021

Initially, the motivation was optimizing their financial and accounting operations, but eventually management and IT teams also wanted one source of truth to support company-wide processes, like sales forecasting and planning, maintenance planning, quality management and fixed asset management.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Network

MARCH 26, 2012

The result was improved flexibility of production, as well as better inventory and asset management. Coke’s main desires in terms of supply chain improvement included metrics with no manual intervention, industry standards that are not Coke specific and an even more vigorous system for reporting hierarchies.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Resource Reduction Supply Chain Strategy 97

TrackVia

AUGUST 15, 2023

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

Asset Management 52

Asset Management Optimization Software Optimal Sourcing Predictive Analytics Software 52

Infosys Supply Chain Management

SEPTEMBER 12, 2013

Discuss the latest trends and solutions across the supply chain management landscape. « Knitting Agile with Asset Maintenance - a perspective on Agile Asset Maintenance | Main | Safety in Work and Asset Management- Part I » Smarter Partnering for Smarter Business. Work Force Management - Key Challenges.

Supply Chain Planning Software 24

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Pharmaceutical 24