article thumbnail

The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

article thumbnail

28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

article thumbnail

How the UAW Strike is Shaking Up the Automotive Supply Chain

Resilinc

The effects of the strike are already rippling through the automotive supply chain. While companies do have some excess inventory available, the automotive supply chain is experiencing layoffs, furloughs, auto parts shortages, and idling operations. The automotive supply chain is a complex ecosystem of different suppliers.

article thumbnail

How Automotive Companies Are Transforming Their Supply Chains, Part 2

BlueYonder

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. This is the exact word that used by Kelly Bysouth, the chief supply chain officer at International Automotive Components (IAC).

article thumbnail

Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee. The facility reportedly will supply battery component needs for U.S. Under new U.S.

article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.