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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” ” Yet leaders with high-quality master data are 1.5x less likely to be affected by supply chain disruptions.

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Why You Should Conduct Internal Quality Audits

Arena Solutions

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Quality management also plays a crucial role in product development. Why do an internal quality audit?

Quality 88
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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

GlobalTranz

This is the second post in a three-part series on Supplier Quality Management also known as SQM. In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Medical Devices.

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Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics. Perfect Order Rate.

Metrics 81
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17 Key Inventory Metrics & KPIs for 2023

Unleashed

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

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6 Manufacturing Trends You Need to Know

Arena Solutions

As the list of new technologies and innovative software solutions keeps mounting, graduates are excited by the prospects of learning and using new technologies like cloud CAD/CAM software, 3D printing, cloud-native product lifecycle management (PLM), quality management systems (QMS), and robotics.