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

Logistics Viewpoints

PO Collaboration involves close coordination with suppliers to procure materials based on order specifications, tracking delivery timelines, and aligning production schedules to meet customer delivery expectations. Make to Order: Here, products are manufactured based on specific customer orders. Nari Viswanathan is currently Sr.

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Achieving enterprise-wide adoption of supply chain risk management

Resilinc

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. ROI analysis: core to a strong business case.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Discontinued in 2011. A potential value of a digital twin.).

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Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency. Last year the company announced that it has exceeded this commitment early by eliminating 28.2

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Source: sasb.org.

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ESG in the Public and Private Market: Putting the Supply Chain in Focus

SupplyShift

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. Corporate ESG Reporting Today