Remove Continuous Improvement Remove Manufacturing Procurement Remove Metrics Remove Retail
article thumbnail

Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

article thumbnail

What is Supply Chain Management? A Guide to Success

SCMDOJO

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. While companies want to improve supply chain performance and drive value, it is easier said than done. We find that companies can improve one, but not two of the metrics.

article thumbnail

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

GlobalTranz

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

article thumbnail

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. Cost of quality.

article thumbnail

Scope 3 emissions, Explained

crisp

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. Example: The tea company purchases a new truck and factory.

article thumbnail

Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time. Set items to blanket orders with fixed call-off quantities.