Downtime is expensive, but the causes are often predictable. Poor parts visibility, long lead times, and mismatched stocking policies create delays that compound during outages. This guide covers practical ways to reduce manufacturing downtime by improving maintenance readiness and spare…
Supply chain risks have never been more prevalent, and in order to stay afloat, businesses need to do more than ever to mitigate these disruptions. Supply chain risk management involves implementing several strategic steps to mitigate risk throughout supply chain…
With real-time data insights, you can take decision-making and supply planning to the next level, reducing risk and saving you valuable resources. Inventory Management Optimization is a modern process of supporting streamlined sales, operations, and supply planning that reduces the…
When MRO Spend Turns Into a Silent Profit Drain Two identical bearings. Two different SKUs. One costs your business $50,000 in wasted working capital. This is the reality for many Fortune 1000, asset-intensive manufacturers. Even in stable market conditions, a…
Many inventory systems were designed for a world of stable lead times and clean master data. That world is gone. Modern supply chain inventory software has to handle volatility, fragmentation, and multi-site complexity. This article explains how the category evolved…
Materials management is the process of organizing and controlling the flow of materials through a production system. It encompasses the planning, sourcing, procurement, inventory management, and distribution of materials. To do this effectively, you need the right software. So what…
As an executive deeply involved in helping address our nation’s supply chain problems, it’s been encouraging to see the initiatives being taken by the White House to improve the most critical supply chain issues impacting industry and consumers. In November,…
It’s often easy to assume that direct materials are all that matters for a company’s bottom line. They’re highly visible on the production line and essential to the manufacturing of finished goods. But beyond the raw materials and equipment needed…
It’s Time to Apply 21st-Century Technology to Fix the Challenges of Supply Chain Management As we enter the final quarter of 2021, hindsight shows us the wide-scale impact organizations have faced as a result of supply chain issues stemming from…
Indirect materials are essential to operations, but they are often poorly governed because they sit outside core production spend. That creates excess inventory, inconsistent pricing, and frequent expediting. This article explains what indirect material optimization is, why it matters, and…
