Indirect material optimization is the practice of managing the materials that keep operations running but never become part of the product, such as MRO spares, consumables, tools and supplies, with the same discipline as direct materials. Because indirect materials sit…
Forecast accuracy rarely improves by tweaking spreadsheets. It improves when planning uses better signals – consumption, work orders, lead time changes, and supplier performance. Predictive demand signals help teams anticipate needs earlier, reduce surprises, and balance inventory more effectively. Here’s…
Welcome to the 2nd edition of Verusen’s Annual State of Supply Chain report. Each year, we poll supply chain executives around the world to compile tips, supply chain trends and initiatives currently being prioritized, striving to get a pulse on…
There’s arguably nothing more important in the world of business than working capital. It enables you to pay your staff, invest in assets, and keep your supply chain running. High working capital allows you to run operations efficiently, while a…
Industry-Proven Approach Guarantees Results to Participating Customers ATLANTA, GA, September 15, 2021 — The supply chain is an ever-moving target that can keep companies profitable or cost them through miscalculated procurement strategies or untimely inventory mismanagement. Verusen, the Atlanta-based…
There’s been a long-held concept that a supply chain could be agile or lean, but not both. In last month’s article, we explored how with the right digital transformation, there is no reason why a company can’t be both. Here, we’ll…
MRO supplier management is the structured process of finding, evaluating, monitoring and consolidating the vendors that supply maintenance, repair and operations materials, so sourcing decisions support uptime instead of working against it. Supplier strategies often optimize for price while operations…
What is network optimization in supply chain? Supply chains are the lifelines of every business, and aligning your operations and communication can be key to supply chain optimization and ultimately minimizing operating costs. Strategic supply network optimization software takes this…
AI and machine learning in supply chain and procurement work best where the data is messy and the decisions repeat: matching duplicate materials, scoring spare parts criticality, setting stocking levels, and finding parts across sites. This guide explains the difference…
Most sustainability plans fail when they stay at the slide-deck level. Real progress shows up in how you buy, stock, move, and use materials. These six simple rules help supply chain teams reduce waste, improve resilience, and build sustainable operations…
