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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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What Are the Top Logistics Software Companies in Dubai and UAE?

Locus

This newly-added focus has pushed companies to invest in logistics software that helps them improve their delivery process and make it more customer-friendly. So, if your business is looking for the top logistics software companies, you’ve come to the right place. Let’s dive in!

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What is the Importance of Supplier Relationship Management (SRM)?

QAD

This requires establishing KPIs and specific metrics of success to assess performance against. ERP software collects and organizes supplier data in one central location so you have better visibility into KPIs and can make more strategic supplier decisions.

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Supply Chain Best Practices during a Quarantine

SupplyPike

You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. You should also look into implementing short term solutions for limited supplies. Another solution is to create inventory reserves. Supply chain visibility is crucial during this time, and as such, paper documents are out.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Using an inventory management software can help you keep track of inventory during physical inventory counts. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Learn more about inventory reconciliation here.

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I am MAD!

Supply Chain Shaman

We can connect through EDI, but a document has latency and limitations for unstructured data. Today, 7% of order and purchase order flows move through business networks. The solutions to close the gaps are not so easy. I am wondering what would happen if we got technology leaders in the same room and brainstormed a solution?”

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The difference between supply chain and logistics explained

Unleashed

Some basic supply chain and logistics KPIs you should be measuring — or using a Business Intelligene tool to keep track of. A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock.