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Head to Head: Which Service Parts Inventory Policy is Best?

The Smart Software

The professor in me would like to think that the chosen inventory policy was a reasoned choice among considered alternatives, but more likely it just sort of happened. The post Head to Head: Which Service Parts Inventory Policy is Best? Our customers have usually settled into one way to manage their service parts inventory.

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February 2021: Learn about the Top 3 Inventory Control Policies

The Smart Software

Epicor User Group Webinar: Top 3 Inventory Control Policies. SVP Research and Professor Emeritus at Rensselaer Polytechnic Institute, defines and compares the three most used inventory control policies. The post February 2021: Learn about the Top 3 Inventory Control Policies appeared first on Smart Software. Willemain, Ph.D.,

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Sustainability in Procurement: Strategies and Challenges

ivalua

Changing policies and attitudes regarding labor practices, the environment, and other pertinent issues, all play a role. Strategies to Improve Sustainability in Procurement. Designing for sustainability at scale requires procurement leaders to remain aware of global market dynamics. However, obstacles to meeting such pledges remain.

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Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions

The Smart Software

In this blog, we review 10 specific questions you can ask to uncover what’s really happening with the inventory planning and demand forecasting policy at your company. The post Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions appeared first on Smart Software.

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Why Procure-to-Pay Software is Critical Today

ivalua

More advanced Procurement organizations are regularly measuring this as a KPI and good Procure-to-Pay systems are a must. Procure-to-Pay software also helps capture negotiated savings, by simplifying and enforcing compliance to contracts and policies. Procure-to-Pay Software mitigates financial risk.

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Change Supply Chain KPI’s to Drive Competitive Advantage

Logility

As companies mature and become more demand driven I think the nature of the departmental KPI will change. The KPIs themselves have to become more demand driven and global. Use KPI’s as a key part of moving to a ‘demand driven’ process. Define appropriate local KPIs (measures, frequency of measure, goals).

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Change Supply Chain KPI’s to Drive Competitive Advantage

Logility

As companies mature and become more demand driven I think the nature of the departmental KPI will change. The KPIs themselves have to become more demand driven and global. Use KPI’s as a key part of moving to a ‘demand driven’ process. Define appropriate local KPIs (measures, frequency of measure, goals).