Remove Inventory Remove Manufacturing Remove Meeting Remove Supply Chain Performance
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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain. The basic approach to inventory optimization. This is no easy task.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. Review Inventory turns and Return on Assets.

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Still managing your inventory with spreadsheets?

ToolsGroup

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Global supply and demand networks. Much of inventory is a hedge against uncertainty. Frequency of placing supply orders.

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Why Food Manufacturers Should Embrace Cloud-based ERP Now More Than Ever

QAD

If food manufacturers want to stay ahead of the competition today and into the future, they have to leverage advanced tools and systems that can optimize processes and deliver real-time insights. By migrating to a cloud-based ERP system, food manufacturers can streamline and automate various processes, leading to increased efficiency.

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Manufacturing ERP Plays a Key Role for Sustainability

QAD

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

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Can Lean Manufacturing Really Help Supply Chain?

Supply Chain Game Changer

Lean manufacturing article and permission to publish here provided by Zaklina at Click Intelligence. From the outset, it may not seem relevant to someone who has never applied lean manufacturing processes to their manufacturing methods. A Basic Introduction to Lean Manufacturing. Supreme Inventory Management.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. While supply chain KPIs should be chosen based on your organization’s specific needs, certain ones are effective for most businesses. Cash-to-Cash Time Cycle.

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