Eliminating Excel in Purchasing Exercises Inventory Metrics 
Supply Chain Matters
APRIL 28, 2023
Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.
Supply Chain Opz
AUGUST 2, 2018
From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.
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SYSPRO Smarter ERP
AUGUST 2, 2023
From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.
Supply Chain Shaman
OCTOBER 29, 2014
By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements. It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. The book is a story.
DynaSys
SEPTEMBER 22, 2021
And this is only one metric where you could be doing a lot better. You’re also dealing with excessive inventory for some items while facing stock outs for others. The CFO has been asking why inventory holdings keep creeping higher while customer satisfaction is dropping. Assess the maturity of your supply chain organization.
Logistics Bureau
AUGUST 1, 2022
More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.
synchrono
DECEMBER 18, 2017
With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) For example, they were literally logging 7 miles a year to track down inventory!
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