2014 Metrics Procurement System 
Talking Logistics
NOVEMBER 10, 2014
That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. What do the Germany World Cup Team and the Boston Red Sox have in common?
Supply Chain Shaman
SEPTEMBER 3, 2018
” Hau Lee, October 2014. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics.
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Supply Chain Shaman
OCTOBER 29, 2020
True collaboration is systemic. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order.
Supply Chain Shaman
MAY 14, 2013
This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value. It is clear basics matter.
Supply Chain Shaman
JUNE 3, 2013
In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.
GlobalTranz
OCTOBER 21, 2015
Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.
Unleashed
OCTOBER 6, 2021
Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor.
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