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Supporting S&OP with Stakeholder & Supply Chain KPIs

Silvon Software

Striking the right balance is essential, as an excess or deficiency in any one area can result in overlooking what truly matters. Striking the right balance is essential, as an excess or deficiency in any one area can result in overlooking what truly matters. What Should You Base Your KPIs On?

S&OP 93
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How warehouse management can enhance the value of your ERP

SYSPRO Smarter ERP

However, for companies with extensive inventory and warehouse facilities, integrating a Warehouse Management System with their ERP system can bring additional value. What is a Warehouse Management System? A Warehouse Management System (WMS) plays a vital role in efficiently managing inventory within a warehouse.

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Raw Material Inventory Management: Manufacturer’s Guide

Unleashed

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. In this guide: What is raw material inventory management? Let’s dive in.

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17 Key Inventory Metrics & KPIs for 2023

Unleashed

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

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What is OTIF? Meaning, Calculation, & How to Improve

Unleashed

This article explains what it is, how to measure and improve it, and how to improve your OTIF rate. What is On Time in Full? OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. For example, let’s say you report an OTIF rate of 95%.

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What is Inventory Tracking? Methods, Challenges, & Systems

Unleashed

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

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Inbound vs. Outbound Logistics: Understanding the Key Differences and Optimizing the Last Mile

Locus

In the vast, interconnected world of supply chain management, two terms often come into focus—inbound and outbound logistics. Inbound and outbound logistics are two fundamental components of the overall supply chain management process. Here’s an explanation of both: What is inbound logistics? What is outbound logistics?