Every large enterprise today has an Enterprise Resource Planning (ERP) system as part of its core technology infrastructure. A common characteristic of ERP systems is that they manage lots and lots of ...
Amidst the recent continued economic volatility, C-level executives’ focus has shifted from revenue growth to profitable growth, and hence global supply chain performance has gained a great deal of ...
Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...
I want to share some fascinating insights about materials management and the evolving practice of MRO (maintenance, repair, and operations). Through an industry survey taken in conjunction with WBR ...
Companies today face an ongoing balancing act as they try to: • carry enough inventory to respond quickly to customer demand and minimize transportation costs; and • minimize investment in inventory, ...
Grid Dynamics is offering a new Inventory Allocation Optimization Solution powered by Dataiku to help global companies respond to ongoing supply chain challenges and disruptions, improve operational ...
Inventory optimization is a phrase much used and abused. But ask a supply chain professional, let alone another senior executive, how close to optimal their inventories are and you will either get ...
Built on the industry’s first unified data infrastructure layer, the Nauta Inventory Optimization Engine enables shippers to improve supply chain resilience with real-time, product-level intelligence ...
Direct materials are the supplies you use to manufacture your inventory: wood for cabinets, steel for girders or wool for coats. Accountants distinguish direct materials from indirect materials, which ...
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