Remove Belgium Remove Inventory Remove Metrics Remove Procurement Analytics
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5 Ways Businesses Are Uncovering Success With AI In Manufacturing

ToolsGroup

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

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Supply Chain Roundtable Series: Optimising the Manufacturing Supply Chain

Unleashed

It’s a constant headache for our purchasing manager. Accurate data is essential for making the right decisions around purchasing and resource planning. So we implemented an inventory management system for them. Consolidated purchasing can help bring costs down, he adds. The solution is hiding in the data.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. The reason? The implementation was very successful.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. Inventory management. Purchasing and supplier management. Inventory levels. A KPI is a metric… but not just any metric. DIF – Delivery in Full. DOT – Delivery on Time. DIFOT – Delivery In Full on Time.

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