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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

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Being Adaptive Drives Resiliency and Margins in Collaborative Supply Chain Networks (CSCN)

Logistics Viewpoints

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand.

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What is Supply Chain Resilience?

GlobalTranz

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Costs.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Costs.

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Leverage freight data for confident demand planning

FreightWaves SONAR

Initial reports of van contract rates in USD per mile. They continued issuing purchase orders to their suppliers at an elevated level, and imports didn’t start coming down until June, either. To schedule a conversation with a SONAR expert about how to use high-frequency supply chain data in your demand planning exercises, click here.