Remove Blog Remove Procurement Analytics Remove Supply Chain Remove Sustainability
article thumbnail

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

article thumbnail

The Cost of Supply Chain Sustainability Legislation?

QAD

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. Impending Supply Chain Regulations.

article thumbnail

Why Are Enterprises Investing in Sustainable Supply Chains? 

Logility

Today’s marketplace demands businesses invest in supply chain sustainability — your customers and investors are watching. Businesses that prioritize supply chain sustainability realize many different benefits, irrespective of their industry. Consumers Demand Sustainability and Transparency.

article thumbnail

How manufacturers can adopt a sustainable supply chain

SYSPRO Smarter ERP

Due to increasing pressure from various stakeholders, many companies are turning their focus to ensuring that their supply chains are sustainable. What is a sustainable supply chain? A recent report by the IDC noted some benefits of these programs.

article thumbnail

Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?