Prime Advantage Blog

Take Your Supply Chain to the Next Level

Posted by Dan Grant on Feb 16, 2016 8:41:00 AM

Time is the thing people wish they had more of the most. We can't create more time in the day, but we should always be looking for ways to better use it. Analyzing data on how manufacturers can improve their time allocations has been the focus for many. One area that often gets left out of the time-saving equation is procurement.

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Topics: Supply Chain, Analytics and Technology

Are you Tracking your Procurement Savings?

Posted by Mike McDonald on Feb 11, 2016 1:17:03 PM

Before you can address any problem in business, you first have to know it exists. One of the most essential spotlight shining tools that successful supply chain managers possess is their spend data. Knowing where the budget is going, and examining the appropriate purchase information to determine how you are performing, is a key component to assessing the issue.

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Topics: Procurement, Analytics and Technology

Marry Your Data to Your Experience for Optimal Results

Posted by Joe Ptak on Feb 9, 2016 12:47:40 PM

How well you use the data that you have at your fingertips is influencing your company's position in the marketplace more than ever. If you are someone who still prefers to make calls from your gut, and akin the big analytics movement to loud kids on your lawn, the times are passing you by. Sure, there is definitely a lot of meaningless noise in all of the numbers you're warehousing, but if you can properly connect the notes you'll soon discover that there's a symphonic beacon playing underneath all of that racket. As Business.com reports in "Big Data is Redefining the Supply Chain: Putting Business Intelligence to Work," the better you can sort your data, the more intelligence, signals, and trends you'll find.

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Topics: Analytics and Technology

The Truth is in the Numbers...Somewhere.

Posted by Joe Ptak on Dec 10, 2015 10:47:00 AM
Data, data, data, everywhere. Tons of useful information, tons of noise. It's tough enough not getting crushed by the weight of what's out there, let alone corralling the meaningful away from the hollow. And it's not going to get any less daunting as we find more and more data points in our ability to track, well, everything. But it's a challenge we must meet if we're going to keep pace with our peers because it's a race we're all running.

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Topics: Procurement, Analytics and Technology

Looking Back on 2015 in Manufacturing

Posted by Joe Ptak on Dec 1, 2015 6:30:00 AM
Where did 2015 go? It feels like it was just yesterday I was washing down a cocktail weenie with cheap champagne on New Year’s Eve. Oh well, as with any year winding down, it’s advisable to take inventory and reflect on just how successful of a campaign it really was. It’s also a perfect time to take a look at what we got right and what we got wrong. Nowhere is this truer than in the world of manufacturing, where pondering on the previous year will help shape forecasts and ensure your company is ready for what lies ahead. And when it comes to predictions, Software AG appears to have gotten many right in its 10 Supply Chain and Manufacturing Predictions for 2015.


Here are a few they really nailed:

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Topics: Manufacturing, Analytics and Technology

Mobile Apps Make Work Travel Feel like a Vacation Breeze

Posted by Guest Contributor on Jul 28, 2015 7:00:00 AM

As part of Prime Advantage, Endorsed Suppliers have been invited to share their insights on the present and future of manufacturing success. In this post, Kari Bigot, from ALTOUR shares some insights into the wave of innovation offered by mobile travel apps.

In today’s hectic travel environment, mobile travel apps can act as a traveler’s own personal assistant, keeping all details of a trip organized and accessible from one easy place. For those of you who are still organizing your trips, “old school” (hint – think lots of paper confirmations) you may want to consider a mobile app in the future

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Topics: Analytics and Technology

New Technologies: More Fun than Fundamental?

Posted by Mike McDonald on Jul 23, 2015 8:30:00 AM

Do you ever look around while sitting in a cab, walking down the street, or out at a restaurant and notice all the people fixated on their phones? In the past, when dreaming about what our future world would be like, I for one was hoping for flying cars instead of 140 characters, but I’ve been known to set my sights too high. In full disclosure, I’m not going to pretend that I don’t stream movies, order dinner online, and use Uber.

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Topics: Manufacturing, Analytics and Technology

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