TrackVia

AUGUST 15, 2023

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

Asset Management 52

Asset Management Optimization Software Optimal Sourcing Predictive Analytics Software 52

TrackVia

AUGUST 17, 2023

Effective asset management is essential to any successful business operation. Streamlining these processes to align perfectly with the unique needs of each organization can help an organization to better manage and enhance decision-making processes and reduce operational costs.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. And we couldn’t agree more.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 98

SYSPRO Smarter ERP

APRIL 24, 2023

SCOR Processes To measure and monitor the performance of these processes, the SCOR model also has metrics which can be used for supply chain performance — Reliability, Responsiveness, Agility, Cost, Profit, and Asset Management, and has recently added metrics for Environmental and Social attributes.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Inventory Management Software 105

Infosys Supply Chain Management

JUNE 20, 2013

Discuss the latest trends and solutions across the supply chain management landscape. « Linear Asset Management and Dynamic Segmentation- Part II | Main | Global Template Solution - Approach » Business Process Optimization in Asset Management. as used in production or delivery of services.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

RFgen

FEBRUARY 13, 2020

Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Inaccurate Data.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 55

QAD

AUGUST 26, 2021

AI is becoming a proactive element to advanced manufacturing, product lifecycle management and enterprise asset management. In addition, companies can find independent contractors and IT service providers to fill talent gaps. “AI

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. To date, this initiative already has 87 signatories and $37 trillion assets under management. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

RFgen

FEBRUARY 13, 2020

Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Inaccurate Data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 52

BlueYonder

JUNE 26, 2020

Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. In 2007, the U.S.

Waste Reduction 98

Waste Reduction Cost Reduction Strategies Sustainability Logistics Network Optimization Software 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Establishing a robust performance monitoring system with key performance indicators (KPIs) and metrics is crucial. Failure to establish Credit Terms or not confirming routing details could lead to unnecessary delays.

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. To date, this initiative already has 87 signatories and $37 trillion assets under management.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

RFgen

OCTOBER 11, 2018

Inventory accuracy: This metric measures the number of items listed as in-stock against the total found within spare part and raw material caches. According to Modern Materials Handling, 10 percent is the optimal target for both metrics. Manufacturing.net reported that this figure should be in the 95 percent range.

Procurement Analytics 52

Procurement Analytics Metrics Optimization Software Procurement Solutions 52

RFgen

OCTOBER 11, 2018

Inventory accuracy: This metric measures the number of items listed as in-stock against the total found within spare part and raw material caches. According to Modern Materials Handling, 10 percent is the optimal target for both metrics. Manufacturing.net reported that this figure should be in the 95 percent range.

Procurement Analytics 52

Procurement Analytics Metrics Optimization Software Procurement Solutions 52

RFgen

FEBRUARY 7, 2019

In this article, we will explore how maintenance, repair and operations/overhaul (MRO) can benefit from digital transformation, including: Why you should digitize your MRO and enterprise asset management (EAM) practices. EAM: The Challenge of Tracking Assets. Let’s explore why that is: Best-of-Breed Asset Management Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Predictive Analytics Software 52

EHS Sustainability Knowledge at Work

OCTOBER 10, 2018

According to Boston Consulting Group , those asset managers likely to take advantage of data, machine learning, and AI are will more likely thrive in the future. Portfolio managers much more interested in environmental, social and governance issues need better, more detailed and useful data on a company’s true impact.

Sustainability 56

Sustainability Modeling Software Data Supply Chain Network Software 56

Enterra Insights

AUGUST 18, 2021

Asset Management. By placing IoT sensors in critical equipment and machinery, a variety of performance metrics can be monitored, enabling the prediction of breakdowns and any other possible maintenance issues.” ” IoT sensors can help improve track and trace capabilities. ” Reduced Manufacturing Costs.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Game Changer

MARCH 26, 2021

It can also assist in determining specific metrics that affect the business. The software simplifies administrative control, enabling managers to invest less time and resources on this effort through streamlining and delegation. Fleet Management Costs in Conclusion.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

TrackVia

AUGUST 29, 2023

Enter TrackVia—a modern solution designed to revolutionize the way businesses think about asset management. TrackVia’s platform allows for a level of customization previously unheard of in the industry, ensuring that businesses can create an asset management solution that’s just right for them.

Analytics Software 52

Analytics Software Predictive Analytics Software Modeling Software Optimization Software 52

Supply Chain Matters

APRIL 28, 2023

The focus often turns to improvements in working capital efficiencies, inventory and capacity management in addition to more efficient asset management. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Requis

MAY 24, 2022

In our first year of calling attention to this goal , we had hoped that developing and adopting an easy-to-use ESG metric and sustainability efforts would encourage businesses to adopt and implement to reduce waste and use energy efficiently.

Waste Reduction 52

Waste Reduction Supply Chain Material Savings Sustainability 52

TrackVia

AUGUST 29, 2023

However, traditional asset lifecycle management tools often come with limitations; they might be rigid, not scalable, or simply not tailored to cater to the specific needs of a particular business. Enter TrackVia—a modern solution designed to revolutionize the way businesses think about asset management.

Analytics Software 52

Analytics Software Predictive Analytics Software Modeling Software Optimization Software 52

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 52

Government Optimal Sourcing Sourcing North America 52

Requis

NOVEMBER 11, 2019

Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. But as we head into 2020, the pressure is increasing for supply chain managers to integrate new technologies. Book a Free Demo.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

Requis

NOVEMBER 11, 2019

Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. But as we head into 2020, the pressure is increasing for supply chain managers to integrate new technologies. Book a Free Demo.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

QAD

MARCH 30, 2021

In this area, QAD Enterprise Asset Management (EAM) has improved work order scheduling to allow supervisors to more quickly address schedule changes and employee assignments. As a result, manufacturers can reduce or eliminate import tariffs on selected goods across all trade agreements recognized by the World Trade Organization.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 96

Supply Chain Game Changer

JUNE 23, 2020

Digital Supply Chain ) Asset management and Cash cycle improvement. Action Plan Deployment. Every initiative you define will require resources and leadership to get underway.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 101

ThroughPut

MARCH 11, 2024

Performance Analysis Software Performance Analysis Software provides accurate metrics at the machine, operations line, plant floor, and factory levels for specific situational or historical analysis. Distinct features like personalization can enable this type of MOM Software to provide different reports to managers and operators.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Handbook 52

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 40

Government Optimal Sourcing Sourcing North America 40

QAD

MAY 19, 2020

QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. QAD Enterprise Asset Management is a valuable tool for managing maintenance and downtime, and this action center provides the necessary insights for effective action. KPIs for Effective Equipment Analysis.

Analysis 145

Analysis Metrics KPI Predictive Analytics 145

QAD

MAY 19, 2020

QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. QAD Enterprise Asset Management is a valuable tool for managing maintenance and downtime, and this action center provides the necessary insights for effective action. KPIs for Effective Equipment Analysis.

Analysis 145

Analysis Metrics KPI Predictive Analytics 145

QAD

JUNE 27, 2019

All operator, production order and equipment transactions are recorded via data lake technology to provide for advanced traceability and operational metrics. Consumer Products and Food & Beverage.

Las Vegas 110

Las Vegas Pharmaceutical Beverage Automotive 110

Infosys Supply Chain Management

SEPTEMBER 30, 2015

My area of interest is the outsourcing of Enterprise asset management itself as a function. Today's organizations are outsourcing bits and parts of the maintenance scope, but we are talking about outsourcing asset management as a whole this would be a new high! EAM has wide range of scope viz.

Optimal Sourcing 20

Optimal Sourcing Modeling Software Manufacturing Procurement Resource Reduction 20

My Office Apps

DECEMBER 2, 2024

This data-driven approach enables businesses to optimize asset management, budgeting, and planning. With Kechie EMS, companies can create automated maintenance schedules based on factors like usage, time, or performance metrics.

Analytics Software 52

Analytics Software Optimization Software Inventory Management Software Logistics Network Optimization Software 52

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. OEE is a pervasively used metric in manufacturing as it combines availability, performance, and quality, defining production effectiveness.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

QAD

AUGUST 3, 2022

Some systems can also handle more advanced tasks, like tax management, fixed assets management, revenue recognition and multi-currency reconciliation. Through tracking key business metrics and generating reports with real-time information, managers can course-correct quicker and make more informed decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

QAD

APRIL 16, 2020

The company reports depreciation as a debit to depreciation expense and a credit to accumulated depreciation to reflect the asset’s remaining value to the organization on the balance sheet, and to accurately reflect the costs on the income statement. KPIs on the Fixed Assets Action Center.

Expense Reduction 145

Expense Reduction Cost Reduction Strategies Metrics KPI 145