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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

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Six steps to more effective spend management

Taulia

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Let’s look more closely at what procurement spend management is, the challenges companies may face in this area, and six steps organizations can take to boost the effectiveness of their approach.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

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Denied Party Screening: Why It Matters

QAD

If you’re the operations, supply chain or logistics manager of a manufacturing firm, knowing who your trading partners are — and that you’re engaging with authorized suppliers and customers — is critical. As this document makes clear, BIS will impose penalties for license missteps as well as for more serious compliance violations.

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The Truth About Sales and Operations Planning

ThroughPut

Yet, despite all the technological advancements that have taken place over the past decade on the manufacturing side, S&OP continues to be dominated by ineffective, dated, manual practices in many organizations. S&OP is a pointless exercise that adds no value to revenue growth or cost savings. Here are our top nine.

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Preparing the Supply Chain for the Hurricane Season

Enterra Insights

this season, an above-average year is anticipated for East Asia that could affect production of consumer electronics sourced from China and Taiwan and more advanced technology products from Japan and nearby regions.”[1] While Resilience360 predicts a slightly below average number of hurricanes will affect the U.S.

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8-Step Importing Guide For First Timers

EMERGE App

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Manufacturers vs Trading Companies.