Remove Inventory Remove KPI Remove Manufacturing
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Steel Yourself for Change: Fully Optimized Master Production Schedules

DELMIA Quintiq

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.

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6 KPIs That Influence Inventory Optimization

Silvon Software

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must.

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Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

ToolsGroup

Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels. You can’t use an intermittent demand signal to plan inventory. To service demand!

KPI 156
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12 tips to recharge your supply chain

DELMIA Quintiq

This means that creating forecasts and promotional and pricing plans must be integrated with functions including distribution, operations planning, and manufacturing. Tip 5: Close the inventory gap between model and reality. Flawed inventory data leads to plans that are of little practical use. Tip 6: Break down the demand plan.

Modeling 299
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Wired for Success: Optimizing Sales and Operations Planning for the Wire & Cable Industry

DELMIA Quintiq

The global wire and cable manufacturing industry is slated to be valued at US $232 billion by 2025 at an annual growth rate (AGR) of approximately 5 percent. However, gradually complex manufacturing environments may prove to be a challenge for those who struggle with demand forecasting accuracy.

Modeling 268
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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

KPIs in Supply Chain The Basics As in any business activity, supply chain operations need to focus doggedly on improvement to compete in the marketplace, but how do you know if your supply chain performance is satisfactory or getting better or, god forbid, worsening? Thats where KPIs come in. Whats a KPI Anyway?

KPI 74
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How Steel Manufacturers Can Thrive in a Changing Environment

DELMIA Quintiq

Very often, legacy systems or spreadsheets are the go-to solutions for locally planning every resource in the steel plant — inventory, machine allocation and workforce. We empower metals manufacturers with a solution that can generate the best plan for the future, by: Incorporating all constraints, business rules, regulations and preferences.