WEBINAR: The Connected IoT Supply Chain
The Internet of Things (IoT) has rapidly become part of everyday life. Connected devices are changing the way we live and work. Organizations in almost every industry sector are looking to IoT to transform the way their operations, deliver new products and services, and serve their customers. During this webinar, Bob Slevin with OpenText will join Scott Luton and Greg White and discuss how new developments in IoT can assist in leveraging tactical IoT-sourced data to realize a strategic advantage and deliver adaptive and resilient supply chain operations.
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Tackling Manufacturing’s Billion-Dollar Parts Problem with AI
Organizations face constant challenges in optimizing their MRO (Maintenance, Repair, and Operations) data. With vast amounts of capital invested across assets and sites, managing the risk of downtime becomes a crucial, yet often a neglected task. Optimization becomes impossible when trying to make sense of MRO/spare parts data, tangled in a web of fragmented teams, processes, and technology. And attempting to solve these problems with traditional approaches like data cleanses only results in sub-optimized inventory, temporarily clean data, and reactive maintenance strategies – which are not only costly but also a huge headache for procurement and operations teams. Join us as we explore how AI technologies remove data prerequisites, streamline MRO inventory data management, and unlock significant value for your end-to-end MRO inventory and material supply chain, with your data as is. In this session, we’ll discuss how to: Leverage data-driven insights by enhancing outdated processes and systems with purpose-built AI technologies Find million dollars savings hiding in your MRO, while also improving demand forecasting, streamlining tail spend, and enhancing criticality assessments Improve cross-department collaboration between maintenance, operations, and procurement teams to ensure a unified MRO management approach Boost operational efficiency to optimize criticality assessments, inventory management, minimize downtime, and…
costs
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September 26, 2022
Why Choose Between Reducing Risk or Optimizing Costs?
As supply chain chaos continues, one of the most difficult challenges for suppliers & manufacturers is identifying strategic sourcing opportunities and across multiple facilities. In addition, organizations have relied on excess inventory as an insurance policy at the expense of opportunities to balance working capital. What if you no longer had to choose between reducing risk and optimizing costs? Join us and learn how Verusen’s Trusted Network capabilities bridge the gap between procurement and operations initiatives and builds trust that your supply will meet your demand for the next generation of materials intelligence. Procurement and operations leaders need increased visibility into their data across their network, and to be able to trust their data is correct in real-time. That means changing how they approach their own systems and rethinking what an optimized and future-proof supply network is.