Factor provides tools for managing supplier communication and production capacity, focusing on improving visibility into inventory and processing purchase orders. Self-described as enabling proactive management, the service tracks supplier activity and integrates with existing technology stacks.

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Factor | 1,825 followers on LinkedIn. Maximize your production capacity with Factor.  | Factor is the production planning platform that enables manufacturing leaders to ensure build capacity always meets demand.

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Ready to improve the quality and quantity of updates you get from your suppliers? Using the Factor methodology, we’ve developed a sample supplier outreach cadence to help you improve your communication and collaboration with your suppliers. Check out the blog and download the cadence below ⬇ https://lnkd.in/e6MVWZHB

How can procurement and supply-chain teams leverage #AI to become more efficient and maximize value? With so much data available, #GenAI can help to: 📊 Process large data sets 🔍 Identify patterns 💪🏻 Look for opportunities and competitive advantages …and so much more Check out our blog below to understand all of the use cases for AI in procurement and supply chain.

The truth is that many #manufacturing and #procurement teams continue to use manual processes to manage and track POs at scale—yet it’s extremely complex and sometimes physically impossible given the sheer volume of updates. Download our supplier PO follow-up cadence that gets you the data you need, when you need it (but doesn't frustrate your vendors). ⬇ ⬇ ⬇ https://lnkd.in/e6MVWZHB

All Safe Global was eager to provide the best customer experience possible— but they were struggling to find time for bigger strategic projects, like sourcing new vendors. They turned to Factor to help them streamline vendor communication and provide high-value vendor scorecards, saving them time and equipping them with actionable supplier performance data. Read more about how ASG now saves 60 hours on order tracking every month! https://lnkd.in/eeri5Fxt

Whether you’ve invested in an ERP or use a spreadsheet system, #procurement and #supplychain teams struggle to get the data they need. These systems are manual, time-consuming, and prone to human error. They contain outdated or inaccurate data on inventory quantities and delivery times. And lastly, they are clunky, difficult-to-use systems that do not support effective collaboration (both internally and with suppliers and customers). The good news is there is a better way. Transform your operations and get better data from your suppliers to save money and time with Factor. Learn more at https://www.factor.io/

Are you ready to leverage #AI to become more efficient and maximize value? Check out our blog below to understand all of the use cases for AI in #procurement and #supplychain .

What's so wrong with using spreadsheets or ERP/MRP systems for inventory planning? A lot. We discuss why today’s inventory planning and clear-to-build reporting are broken and alternative solutions in our latest blog. Check it out here:

When #procurement and #supplychain teams are inventory planning and building clear-to-build reports, they have two options: 1. Using a spreadsheet and doing everything manually 2. Using ERP-based materials requirements planning (MRP) or advanced demand/supply planning systems Unfortunately, there are issues with both. Learn more in our latest blog below ⬇

Wishing everyone Happy Holidays and a Happy New Year from all of us at Factor ! Cheers to 2024 🌲 🕎 🎁 🎊 ✨

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Factor is a developer of payment and order management software that enables businesses to run a resilient supply chain without incurring additional costs. The software integrates email, spreadsheets, and paper checks into a single platform and includes features such as order tracking and network monitoring, allowing engineering and production teams to build and run securely.

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Factor provides a platform for manufacturers to track supplier communication and manage inventory to optimize production capacity. The service includes automated workflows for tracking purchase orders and improving visibility into supply chain operations. Factor's self-described features help companies manage by exception and maintain continuous factory uptime.

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