Remove Currency Remove Inventory Remove Metrics Remove Procurement
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2020 Requires Big Wings and Feet

Supply Chain Shaman

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Most budgets are completed in currency at a brand level. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Time horizon. The Role of the Budget in S&OP.

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Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. Aligning metrics matters. Functional metrics in isolation degrade value.

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How Opna Bio SA Built a Successful Procurement Process as a Biotech Startup

Precoro

Cervino provided us with insights into how Opna Bio SA’s team chose the right system and how it impacted their procurement process. They were worried that with a manual approach, data entry and creation of procurement documents would be time-consuming and prone to errors. ." Thus, the onboarding process began.

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5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Use them to your advantage.

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At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

Natural disasters, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Ask “What are the risks?”more more often. Use them to your advantage.

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32 KPIs That Drive Inventory Optimization

Silvon Software

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

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ERP Functionality: Understanding ERP Systems and Features

QAD

Many manufacturers use these systems to automate tasks like accounting and procurement, project management, customer relationship management, risk management, compliance and supply chain operations. They’re designed to handle internationalization issues, like currency, language, alphabet, postal code, accounting rules and more. .