Formulation of a supply risk strategy is essential for a company to perform at its optimal potential. Failure to construct an appropriate strategy can turn your risk into reality. Some may argue risk in the indirect and MRO world is less risky. But in fact, shutting down a factory line due to lack of critical tooling is just as bad a shutting it down due to lack of direct materials. "Formulation of a supply risk...
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Procurement is under unprecedented pressure today to manage pricing and supply, but do you really know what you are buying, where you are taking price increases, and on what items are lead times inflating? How good is your ERP spend data? Because garbage in, garbage out. Most companies would agree that a large percentage of the spend data in their ERP systems are misclassified or unclassifiable, and analyzing bad data will get you bad...
SOUTHFIELD, MI – Xeeva, a leader in AI-powered spend management and procurement solutions serving hundreds of locations and enterprises worldwide, is excited to announce real-time integration with Plex ERP. With this integration, Purchase Order (PO) data from Xeeva’s P2P application is instantly sent to Plex ERP to create POs, receive PO status updates, and communicate with business users as well as suppliers. Today, modules within P2P and enterprise-wide applications are faced with complex interfaces, and...