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

SYSPRO Smarter ERP

Challenge One: Comply with medical safety regulations By closing the gap between ERP and the quality system, medical device manufacturers can ensure real-time monitoring of quality metrics and bridge the compliance divide.

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Blog Series: The Ultimate Guide to Supply Chain Resiliency, Part 4 – Institutionalize

Resilinc

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

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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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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. A detailed set of guidelines is beyond the scope of this brief guide, and would, in any case, be better imparted during a real-world project as they are applied.

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How to Select a Supply Chain Planning Tool

DynaSys

And this is only one metric where you could be doing a lot better. For example, if a solution you’re evaluating doesn’t meet the CIO’s security guidelines, she may veto the solution even if everything else looks great. Taking the time to go through this exercise might seem extraneous, but sometimes you have to slow down to speed up.

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Putting the Supplier Experience at the Forefront of Strategic Procurement

HICX Solutions

Just establishing these security guidelines and more controls, more quality controls internally, and externally, and making sure that employees are aware of what’s going on when going into the dialogue with the supplier,” has increased the urgency in this area. Let me give you two specific examples,” he adds. We are discussing them.

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Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

While this can be an interesting exercise, it oftens fails to answer the direct of question “how should the procurement process be improved?” Note our earlier comment that the types of metrics being used to assess procurement at each stage are indeed a characteristic of how far along the organization is in its transformation!)