Remove Education Remove Inventory Management Remove Manufacturing Procurement Remove Procurement
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The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

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15 Types of Manufacturing Software (+ Who Benefits from Each)

Unleashed

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

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Unleashed SME Supply Chain Resilience Roundtable: Improving Cash Flow in a Manufacturing Business

Unleashed

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. James Ewing: Procurement Manager at Renewable Parts Ltd. Tim Wright: Founder of two medical equipment manufacturing companies and currently MD of Langcroft Consultancy – specialists in digital transformation.

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Lifting The Gray Curtain

Supply Chain Shaman

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. At the end of the presentation, I asked Allyson her perspective on open source analytics. The question is, “Why?”

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. Go to the source. Use the visualization in network design models to educate teams on why they should care. I don’t know.

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

His lucid explanations empower viewers to make informed choices, whether in the realm of education or technology implementation. > > Watch Now: Too Late for Change Management? > With 4,292 followers, he utilizes his expertise as a supply chain professor to share knowledge and insights related to supply chain management.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

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. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.