Remove Belgium Remove Inventory Remove Metrics Remove Transportation
article thumbnail

Doing Business in Belgium

QAD

The Kingdom of Belgium achieved its independence from the Netherlands in 1830, and has become an admired modern country, well-known as the home of international organizations such as NATO and the EU. Since most Western European capitals are within 1,000 km of Brussels, Belgium’s capital, it is an ideal location for international groups.

Belgium 67
article thumbnail

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. Computer Vision.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

It seldom snows in Belgium: the city sits in anticipation. Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. ” (Each mode of transport has different comparison reference data.). I cannot sleep.

article thumbnail

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

It seldom snows in Belgium: the city sits in anticipation. Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. ” (Each mode of transport has different comparison reference data.). I cannot sleep.

article thumbnail

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.

article thumbnail

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. The combination of technology along with the advancements in transportation made it possible. Inventory Turns. Today, I unpacked my bags.

article thumbnail

Supply Chain Roundtable Series: Optimising the Manufacturing Supply Chain

Unleashed

So we implemented an inventory management system for them. Sam points out that where stock lives in the warehouse and how its transported can also influence the efficiency of a business’s operations. “We That reduces the amount of inventory space, handling, and logistics on individual small orders.”