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The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. So how does a manufacturer navigate this rollercoaster?

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Enhancing Manufacturing Value Through Procurement

Jaggaer

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery.

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Realizing the Value of Supply Chain Optimization for Tire Manufacturing

DELMIA Quintiq

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels.

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The Strategic Importance of Global Procurement

Logistics Bureau

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

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Optimize Material Flow in Medical Device Manufacturing

DELMIA Quintiq

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

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People in Manufacturing: Procurement

QAD

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace.

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What Are the Differences Between Procurement and Purchasing in Manufacturing?

OptiProERP

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Otherwise, it can adversely affect a company’s bottom line. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. Steps in the Procurement Process 1.