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What is Enterprise Resource Planning (ERP)?

ThroughPut

An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. Key features include general ledger, accounts payable, accounts receivable, cash management, budgeting, and financial reporting.

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4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. 4 Ways to Improve Procurement.

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Changing Mental Models

Supply Chain Shaman

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices.

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What is Supplier Relationship Management (SRM)?

Supply Chain Game Changer

Suppliers provide components for products you manufacture and sell. He spent his entire career in Purchasing and Procurement. At one point I was put in charge of a global manufacturing operations team. Within a few weeks of the workshop ideas and plans started coming in from suppliers. Looking Down on Suppliers.

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Why You Should Conduct Internal Quality Audits

Arena Solutions

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit?

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Unleashed Cash Flow Workshop: Experts Share Tips for Generating Cash Flow & Mitigating Risk

Unleashed

Read now: The Unleashed Cash Flow & Overstock Report 2023 Meet the experts Zander De Klerk : Zander is a seasoned Chief Financial Officer, Tax Agent, and Accounting Advisor with over 16 years of experience in the field. When it comes to shifting those overstocked items, discounting the purchase price can be tempting.

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Using the Bits: Building Digital Outside-In Processes

Supply Chain Shaman

As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau. In the evolution of today’s analytics most companies are evaluating concurrent optimization of transactional data. We are just beginning to understand how to use sentiment data and new forms of analytics.