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Optimize Your Supply Chain Through Efficient Fixed Asset Management

SCMDOJO

While inventory management and logistics often take center stage, another critical component that significantly impacts supply chain performance is fixed asset management. Fixed assets, such as machinery, equipment, and vehicles, are essential for businesses to operate smoothly.

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How Effective Fixed Asset Management Contributes to Profitability

QAD

Fixed Assets and Accounting: Much More than a ‘Nice to Have’. Honestly, fixed asset management and the related accounting is a rather dry subject – unless you are a CEO, CFO, COO, VP of Finance, VP of Manufacturing or Fixed Asset Manager at a manufacturing company. The Fixed Assets Accounting Challenge.

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Asset Management: Supply Chain’s Next Big Thing

Requis

In this article: Asset management is the foundation of supply chain, just like supply chain is the foundation of business. Asset records are the lynchpin of digital transformation. When collected on one platform, asset record information will enable aggregate business intelligence that will serve all players.

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Metrics that Matter: Inventory Effectiveness

QAD

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.

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Cloud-Based ERP guide for Operational Excellence

My Office Apps

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Operational Excellence with Cloud-Based ERP Procurement Management Efficiently manage your procurement processes with ERP.

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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

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Asset Management Best Practices Using Low-Code: Part 1

TrackVia

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.