Remove Guidelines Remove Inventory Management Remove Manufacturing Remove Procurement Analytics
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Top 5 KPIs for Purchasing Managers

Precoro

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

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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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Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

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The Importance of Visibility In the Supply Chain

Precoro

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). and prescriptive analytics to define “What should we do?” How Can Supply Chain Visibility be Achieved?

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WooCommerce Order Fulfilment: A Guide for Merchants

Unleashed

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products.

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Five Foolproof Ways to Shorten the Cash Conversion Cycle

Precoro

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

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Unit Types and Lot Codes in Warehouse Management

Saleswarp

Unit types represent standardized containers for packaging inventory, while lot codes provide crucial information about a product’s origin, processing, and manufacturing batch. Together, these systems ensure accurate inventory management and contribute to maintaining an effective supply chain.