Quite often, the terms value chain management and supply chain management are used interchangeably. While they overlap and are ultimately complementary, they are in fact two separate yet critical terms that impact your organizational success.Read More
Effective supply chain management (SCM) in today’s technologically-advanced manufacturing environment can be a daunting task. However, according to Dr. Donald Radliff, executive director of Georgia Tech’s Supply Chain and Logistics Institute, efficient supply chain and logistics operations backed by a solid supply chain strategy can reduce costs by as much as 10-40 percent. The trick is following ten rules for successful supply chain management:Read More
Guest blog by Jonathan Kall, CEO, Vecco International
So you’ve just learned that there’s good news… and there’s bad news. First, the good news: your sales for a specialty item manufactured in-house are through the roof. In fact, they’re way over forecast.
Now, the bad news. You’re short on production orders. And raw materials. And coordinating your global supply chain in a timely manner to meet your customers’ needs feels like an even taller order.Read More
Robust supply chain management (SCM) is critical for ensuring any manufacturer’s growth and success, something that even companies with a modest supply chain strategy recognize. That’s why so many manufacturers and vendors commit a significant portion of their annual IT spends on buying and administering SCM software – an expenditure that’s growing approximately four percent annually and doesn’t appear to be diminishing, according to SCM industry analyst AMR Research.Read More
There is no question that today’s global manufacturing marketplace has brought increased complexity to the supply chain. Even the smallest manufacturers might establish supplier partnerships and source raw materials around the world as growing competition and market volatility cause growing concern for material availability and costs.Read More
Most companies understand the importance of consistent, efficient and scalable business processes but are fuzzy on the best way to achieve it. Optimizing business processes is a way for companies to eliminate inefficiencies and reduce costs – a strategic approach that alters how an organization conducts business and manages operations to produce better results and increased profits.
An enterprise supply chain is a complex system with a number of components that need to work together efficiently and effectively to ensure that planning, procurement, production, inventory and distribution processes flow smoothly. By optimizing SCM, companies will see a number of benefits, including increased productivity and reduced costs.
Best PRISM Meeting Agenda Yet!
While there may be some final tweaking to the 2013 PRISM Meeting agenda, it has already been praised as the "Best agenda of all the preceding PRISM User Group Meetings." This year's meeting is packed with
Tags: Extending ERP System Life, Maximize ERP Investment, Supply Chain Optimization, IBM i Platform, Managed Services, Business Process Optimization, PRISM Best Practices, PRISM User Group, PRISM, PRISM Meeting, Document eDelivery
Preliminary Meeting Agenda Released
We are putting the final touches on this year's PRISM Meeting agenda which is sure to please a wide range of attendees. New this year is an "Ask the Experts ... PSGi at Your Service" session where you are invited to bring your challenges be they technical, application or process related. The PRISM Education sessions will be identified shortly. Click this agenda link to see the current agenda. The agenda will updated regularly as changes are made. Here's a sampling of what to expect:
What will you share at the meeting?
How has your organization improved your PRISM or related enterprise software or business processes? Make your PRISM User Meeting more valuable by sharing your recent accomplishments and challenges ... such as: