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…
As seen on Forbes Food prices are soaring as inflation, product instability, and supply chain delays are causing all sorts of havoc within the food industry. As a result, consumer packaged goods manufacturers and food & beverage companies have to…
MRO Proves Increasingly Important in the Face of Economic Downturn The economic downturn many predicted and feared appears to be emerging rather quickly. With the monthly Consumer Price Index indicating the highest inflationary pressure in four decades and no signs…
