Supply Chain Brain The International Society of Automation (ISA) released a 2024 position paper, highlighted in a recent article from Supply Chain Brain, outlining the importance of automation across the supply chain industry. The ISA notes the essential role automation plays in building supply chain resilience, and offers guidance for decision makers on incorporating these technologies into existing operations. As …
Methods for Reducing Supply Chain Costs
Inc. The past several years have presented numerous challenges across the supply chains of numerous industries. These challenges, however, also present valuable lessons for future supply chain management that reduce overall operating expenses and build resiliency. A recent article from Inc. outlines 3 key ways that supply chain managers can reduce costs: front-loading the “kitting and assembly” stage to …
The Importance of Post Payment Audits
Post Payment Audits – Running a business is, at least in part, a numbers game. Entire teams of people have to manage profits, expenses, payroll, and beyond. It’s a near constant battle to manage overhead and the bottom line, maintain profitability, and stop any financial leaks along the way. This is no small undertaking, and when small mistakes pile up, …
Supply Chain Management: Third Party Power
Supply chains are built of many moving pieces – each with its own personnel, technological requirements, and role to play in the success of the organization. With so many components, managing the entire operation is no small feat. Even the most successful supply chains, with the most capable management staff, tend to have room for improvement. It could be an …
Cloud ERP in Manufacturing
Manufacturing today is no small undertaking. With rising costs of labor and materials, evolving technology, and more informed consumers than ever, manufacturers are walking a tightrope of managing expectations, overhead, a global customer base, and countless other pitfalls. For all of these challenges, cloud-based ERP systems provide solutions. It ultimately comes down to data management – exactly what ERP software …
Integrating ERP and Supply Chain Management
Integrating your ERP and Supply Chain Management can make a world of difference. Consider this scenario: The Supply Chain Director shows up at your desk asking who manufactures that cable. He wants to know how many we usually order, too. Your reply startles him. You tell him the company you buy the cable from doesn’t manufacture it, they’re a 3rd party …
How do you eliminate the pain points in your supply chain?
Let’s face it, supply chain management can be trying at times, yet it is one of the most important parts of a business. Integrating advanced software will help keep track of progress and inventory at all levels to eliminate waste and worry across the network. Each part of the chain is just as important as the last and an efficient tracking of inventory …
Techniques to Improve Your Supply Chain Management
The supply chain is one of the most vital parts of your business because, after all, it’s what delivers the products to you and then to your customers. Without a good management of your supply chain, your company won’t be living up to its full potential. Here are a few tips to help improve the efficiency and productivity of your supply chain and …
Why Managing Inventory is Essential to Supply Chain Management
There are a lot of business owners looking to their supply chain for cost savings in the current economy. With the price of oil so low, this is a great time to realize cost savings. However, there is much more to supply chain management than just fuel costs. One of the biggest cost areas for many companies is in inventory management. By …
Tips to Improve Hospital Materials Management
Hospital materials management is a complex process. Improving materials management reduces overall cost and increases service quality. There are a number of things hospitals can do to improve their materials management. Below are a few tips to assist you in improving materials management within your organization. Analyze stock – It is crucial that specific materials be in the right place …
