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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

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28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

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Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. Demand Forecasting In this highly volatile and unpredictable market, demand forecasting can be particularly challenging if it were to be done manually or with half-baked tools.

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Mastering Mobile Inventory Management for Oracle SCM Cloud: The Ultimate Guide

RFgen

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? That’s why companies running Oracle are increasingly turning to mobile solutions to maximize accuracy, efficiency, and the benefits of their ERP investment. The end result is an agile, resilient supply chain operating at optimal performance.

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6 Manufacturing Trends You Need to Know

Arena Solutions

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

” Or run the statement by any software provider, and they will share that their solutions delivered these “best practices.” Which supply chain metrics correlate to market capitalization by Morningstar sector? Performance-based logistics in aerospace and defense changed the A&D industry forever.

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Examples of How Supplier Quality Management System Implementations Pay Off

GlobalTranz

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Other factors-such as poor tooling and equipment as well as basic communication challenges-can contribute to poor quality.