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Managing cost, quality and traceability in fabricated metals manufacturing

SYSPRO Smarter ERP

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Cost efficiency, quality management and traceability are major issues for companies in this region. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions.

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What is MRO procurement?

Synovos

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. These items support business or manufacturing activity but are not incorporated directly into what you produce. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious.

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What Is PPV? Purchase Price Variance Explained

Precoro

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

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28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

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What is Sourcing? Definition, Strategy, & Difference Between Procurement and Sourcing

ShipBob

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

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What is a Sourcing Agency and How does it work?

SCMDOJO

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

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[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?