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

SYSPRO Smarter ERP

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

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Procurement needs to follow in the steps of marketing

Supply Chain View from the Field

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

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Is Your Company on top of its Inventory Planning Game?

Logistics Bureau

These responsibilities extend across functions and when properly exercised, comprise supply, demand, distribution, production, purchasing and capacity planning. Inventory planning policies: Policies should be developed, documented, and clearly communicated to all teams and individuals involved in inventory management.

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Due Diligence Required – How Brands & Retailers Can Better Prepare for Regulatory Action

Pivot88

Understanding your supply chain after T1 can be a difficult task - it is a significant challenge to gain visibility upstream and trace a specific purchase order or product’s complete chain of custody. This is not a simple exercise. All required documents can be uploaded to our system for easy access & management.

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Harnessing the power of AI

Taulia

In practice, this could mean predicting which invoices suppliers will choose to accelerate under a range of different conditions. Or it could mean leveraging the power of AI to extend the cash forecasting process all the way down to the purchase order level. The use of AI can help overcome these issues.

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50 expert tips on supply chain management

6 River Systems

“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. All stakeholders who interact with the supply chain should be aware of hotlines and other reporting mechanisms, which should establish a clear path and adequate protections for whistleblowers.”