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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

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Contrasts in Commercial Aircraft Supplier Financial Performance

Supply Chain Matters

In this commercial aircraft industry specific commentary, Supply Chain Matters contrasts the recent quarterly performance of GE Aerospace and Boeing. Added Production and Supply Chain Investments This producer has indicated plans to invest over $650 million in both manufacturing facilities and in augmented supply chain capabilities.

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Boeing’s Potential Sourcing Reversal- Financial or Operational?

Supply Chain Matters

Boeing spun out this supplier, which was once a part of this plane maker’s internal production in 2005 in a major strategic sourcing move. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. The post Boeing’s Potential Sourcing Reversal- Financial or Operational?

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2024 Predictions for Industry and Global Supply Chains

Supply Chain Matters

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. The Ferrari Consulting and Research Group has a policy for respecting readership privacy and does not sell nor offer are user information to third parties.

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Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

In 2023—if it wasn’t already—geopolitics became top of mind for every procurement professional. This year, managers and procurement professionals must stay incredibly diligent when it comes to the latest news. Discover the top geopolitical risks set to affect the global supply chain this year. Energy Information Administration ).

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Will Boeing Add to its Corporate Challenges- Labor Relations Front

Supply Chain Matters

In this industry specific Supply Chain Matters commentary , we provide perspectives on aerospace and commercial aircraft producer Boeing ’s added challenge in 2024, that being on the labor relations front. It is no exaggeration to say that the future of the 107 year-old manufacturer hangs in the balance.” The future of a U.S.