Precoro

SEPTEMBER 4, 2023

The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers. Cost of goods sold (COGS) is the total cost of producing or purchasing the goods sold during the same period. Regularly monitoring inventory levels.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. It measures the cost incurred by an organization to manufacture a quality product. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Precoro

JUNE 21, 2023

Around the world, governments and regulatory bodies have established guidelines for companies’ accounting departments to follow when it comes to bookkeeping. Let’s take a look at how following standardized guidelines can benefit companies and, specifically, their AP departments. What is GAAP?

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

ToolsGroup

DECEMBER 11, 2023

Question 1: is it possible to manufacture prices & discounts? In some circumstances it can be advantageous to create discounts, even if manufactured, in order to push sales from a psychology point of view. Look twice. You save time, they make more money: an exchange of value. Is that even real?

Purchasing Skills 156

Purchasing Skills Price Reduction Manufacturing Procurement Handbook 156

Unleashed

JULY 11, 2021

Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable. These certifications are voluntary guidelines and standards that address environmental, social, ethical, and food safety concerns. They must be values based with quantifiable guidelines and standards.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

QAD

DECEMBER 19, 2019

Next, we will provide an overview of the Purchasing Commitments and Spending Action Center as well as the associated key performance indicators (KPIs). When analyzing purchasing performance, it helps to understand the difference between spend and commitment. Together, spend and commitment provide a clear view of purchasing.

Purchasing Skills 130

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 130

Arena Solutions

MARCH 22, 2024

1 A PLM solution manages your product’s lifecycle throughout every phase from ideation, development, and implementation to retirement. PLM, like any major purchase whether for personal or business, requires time invested. Get PLM vendor proposals for cost comparisons. Your PLM Journey — Where Do You Start?

Analytics Software 88

Analytics Software Modeling Software Sourcing Strategies Purchasing Training 88