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How Do You Turn Supply Chain Data Into Actionable Information?

Logility

So how do you turn that data into actionable information? There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Benchmarking. An analytics platform for the supply chain also allows for benchmarking. Dashboarding.

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Improving agility in metal fabrication manufacturing

SYSPRO Smarter ERP

With the fabricated metal industry receiving government grants and incentives, it now ranks as one of the fastest-changing sectors in the manufacturing marketplace. technologies, manufacturers are building what we are calling ‘Manufacturing Agility’ into their organizations. With the introduction of many of the ‘Industry 4.0’

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Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Benchmarking is not Benchmarking. Business Dictionary.com.

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What is Just in Time Manufacturing? Benefits & Disadvantages

Unleashed

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. A direct material is a raw material, component, or assembly used directly in the manufacturing process. Procurement solutions are often updated with purchased information.

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2019 Forecasting and Inventory Benchmark Study

Supply Chain Brain

Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind. What does best-in-class forecasting and inventory management look like?

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Metrics that Matter: Manufacturing Performance Benchmarking

QAD

Benchmarking a business’ performance is a critical step in evaluating performance improvement efforts across the organization. This is especially true for manufacturers. To grow and thrive, manufacturers need to develop best practices, benchmark against those best practices and formulate action plans.