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What is MRO procurement?

Synovos

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. These items support business or manufacturing activity but are not incorporated directly into what you produce. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious.

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New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Commenting on the Skowhegan facility expansion, Joe Preston, New Balance President indicated: “ Manufacturing has always been at the core of our company culture.

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ERP vs MRP: Key Differences & How to Choose

Unleashed

ERP systems are typically used in the manufacturing, distribution, retail, and healthcare sectors – though they may be found in other industries as well. One solution may focus on features useful to manufacturing firms , while another could be tailored to the needs of hospitals and healthcare centres. What is MRP software?

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Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

GlobalTranz

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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Multi-echelon Inventory Optimization – guide for 2024

ThroughPut

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

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Manufacturers Should Focus on This Most Critical Component for Manufacturing Operations Excellence

GlobalTranz

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?