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The Benefits of Integrating Operational Reports with Strategic Analytics

Silvon Software

But this data abundance often complicates rather than clarifies, and the challenge goes far beyond just accessing data but in analyzing and interpreting it, too. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

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Metrics that Matter: Inventory Effectiveness

QAD

Stockouts affect customer satisfaction and revenue, and the frequent need to expedite orders adds to costs and highlights problems lurking in the system. Inventory effectiveness measures the process that delivers the right part to the right place at the right time, while minimizing investment and meeting customer requirements.

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

SYSPRO Smarter ERP

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

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Total Manufacturing Cost Formula: Metrics that Matter

QAD

Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. What are Direct Materials?

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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

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7 Cash Flow Metrics & KPIs You Should Be Tracking

Unleashed

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

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This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

But in a shocking twist, just two hours later, Swift surprise-released a 15-track expansion of the album, dubbed The Tortured Poets Department: The Anthology. In a Calgary warehouse almost as big as eight football fields, an army of robots whir about, carrying massive quantities of merchandise bound for Walmart Canada customers.