ivalua
NOVEMBER 25, 2020
This list should include the business metrics that each procurement project impacts. Although most Procurement teams report supply chain metrics on cost savings, less than 20% measure and report on their contributions to driving revenue. In the report, Gartner provides a helpful example of what a value map could look like.
The Logistics & Supply Chain Management Society
NOVEMBER 15, 2021
2021 marked DB Schenker’s 51st year in Singapore. The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility. Where many companies have exercised cost cutting measures, Schenker has conversely stepped-up investments in our people.
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Logistics Bureau
APRIL 19, 2021
If you’ve never done a benchmarking exercise before, read on. What would be the key number, or metric that you would need to know? This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. The Benefits of Benchmarking. Formal Benchmarking.
SupplyShift
NOVEMBER 4, 2020
In this post, we’ll go over the most important things you can do this year to set your supply chain transparency efforts up for success in 2021. 2021 Supply Chain Transparency Checklist We’ve helped dozens of businesses create new levels of visibility into their supply chains.
SupplyShift
NOVEMBER 4, 2020
In this post, we’ll go over the most important things you can do this year to set your supply chain transparency efforts up for success in 2021. 2021 Supply Chain Transparency Checklist. When you complete your exercise, you should come away with a clear list of milestones you’ll hit. Map all supplying sites.
Logistics Viewpoints
SEPTEMBER 4, 2023
A 95% on time delivery metric – very high performance – is just not good enough for Simmons. An RFP is a data intensive exercise. Really, in 2021 we were hanging on for dear life,” Mr. Masters lamented. Simmons ran an RFP between late 2021 early 2022. Then the clock starts ticking again.” Speed is of the essence.
Logistics Bureau
AUGUST 2, 2021
On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. You don’t necessarily need to use all the following metrics in your procurement department. 7 Procurement KPIs You Should be Using. Best Regards, Rob O’Byrne.
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