Asset Management Metrics Procurement Analytics 
QAD
JUNE 25, 2019
It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Whether you measure purchase orders or customer orders—and you should do both—high numbers indicate problems in your inventory planning and flow.
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.
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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.
Enterra Insights
AUGUST 18, 2021
The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending. They add, “The adoption of IoT solutions will provide discrete manufacturers with the data needed to drive innovation and better manage complex production cycles, leading to improved operations and profitability. .”[6]
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. Manufacturing.net reported that this figure should be in the 95 percent range. According to Modern Materials Handling, 10 percent is the optimal target for both metrics.
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. Manufacturing.net reported that this figure should be in the 95 percent range. According to Modern Materials Handling, 10 percent is the optimal target for both metrics.
QAD
MARCH 30, 2021
For QAD Adaptive ERP and QAD Adaptive Applications, the latest enhancements include: Effective Enterprise Management. Digital Manufacturing allows manufacturers to leverage digital and advanced technologies to better communicate, analyze and use real-time information to meet cost and quality objectives.
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