Data Management Forecasting Manufacturing Procurement Metrics 
Supply Chain Shaman
FEBRUARY 18, 2021
Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. In addition, build a planning master data management system.
Supply Chain Shaman
JULY 30, 2022
However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”
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EazyStock
MARCH 14, 2023
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.
Silvon Software
AUGUST 8, 2022
Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.
Silvon Software
MAY 1, 2024
And it does so through its ability to generate demand forecasts, customer segmentations, risk assessments and operational optimizations in areas like supply chain and inventory management. Without a strong BI backbone, data may remain siloed across various departments, leading to fragmented insights that can skew predictions.
Elementum
FEBRUARY 7, 2024
Internet of Things (IoT): Extending the Reach of BPA Internet of Things (IoT) enhances BPA by providing a continuous stream of real-time data for ML analysis, crucial for automating and refining operations. Performance Metrics When looking at performance metrics , they must reflect efficiency gains and throughput increases.
Silvon Software
APRIL 18, 2023
While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Can we get the right resources needed to collect data for analysis before it’s too old?
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