Photo By WavebreakMediaMicro Materials management is a crucial component in the manufacturing process, whether it be delivering raw materials from suppliers to manufacturers or managing the spare parts needed to ensure finished products make it out the door. Without a…
As seen on Forbes U.S. and global oil, gas, energy, and utility companies are looking at challenges in their markets, rarely seen in recent years. The complexity of delivering energy to previous high standards is staggering. Power grids are becoming…
Ask The Expert: Stop Relying on Excess Inventory as an Insurance Policy For decades, global manufacturers have relied on excess inventory as an insurance policy to combat unexpected disruption, often at the expense of opportunities to balance working capital. What…
It’s Time To Move Beyond a Traditional ERP Strategy ERP Functionality Isn’t Specifically Designed for Materials Management Many manufacturers believe their ERP alone is enough to optimize their manufacturing and supply chain operations. This mentality has grown even more prevalent…
Innovative enterprise-wide materials intelligence platform provides MRO supply and material visibility across the entire enterprise networkEnables global manufacturers to implement Virtual Networks and scenario models across their Indirect material supply chain without the prerequisite of data cleansing and preparation. The…
The Covid-19 pandemic continues to send shockwaves across the global supply chain even after 2.5 years, putting inventory levels at a lot of risk. This is further exacerbated by other disruptive events such as the “Zero-Covid Policy” in China, extreme…
For some reason, the data cleansing initiatives manufacturers find themselves wasting money on time and time again just won’t go away. Not only is it a complex, multi-step process that requires a specialized set of software, people and procedures, it’s …
Reduce Risk & Optimize Working Capital in Your Supply Network Even with the help of modern ERP solutions, manufacturers & suppliers still struggle to harmonize data across facilities. As a result, organizations focus material spend at the plant level rather…
The story’s not new. There’s a saying in literature that if you were to look at every story ever written, break them down to their basic components, they pretty much tell the same story over again – star-crossed lovers, the…
Why Optimizing Maintenance, Repair, and Operations (MRO) Inventory is Critical to Advancing Your Enterprise Network Despite its criticality and complexity, Maintenance, Repair, and Operating inventory is an areawhere most manufacturers still struggle to justifyoptimization investments. This primarily stems fromcompanies focusing…
