Remove Analysis Remove Inventory Remove Metrics Remove Purchasing Training
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Top 5 KPIs for Purchasing Managers

Precoro

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Sourcing tasks include sending out requests for proposals (RFPs), evaluating supplier bids, selecting vendor partners, negotiating contracts , and then managing supplier relationships.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

For a more detailed analysis, check out the Power point summary.) I find in the orbit chart analysis that 45% of companies in the report are unconsciously incompetent. An average margin of 21% with inventory turns of 1.58 The group’s response is, “Are these supply chain metrics?”

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Just Jump

Supply Chain Shaman

Training ensued, and the expectation of changing work was shared. We explore the concept of holistic inventory strategies focused on the form and function of inventory. 85% of inventory decisions are not managed in Advanced Planning Solutions. Only 15% of inventories are safety stock. Lack of aligned metrics.

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Who’s Who in Logistics Department: A Comprehensive Guide to Key Roles

SCMDOJO

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

While I believe that the explosion of the number of planners and the lack of a clear definition of the planner role is problematic, we are far from being able to implement a process that is not dependent on the trained planner. The problem is the lack of trained planners.) Real-time Planning. As a result, DDMRP is a fad.

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Are You Caught in Word Salad Dribble?

Supply Chain Shaman

This is why I host training twice a year to challenge existing technology paradigms. Optimization engines to improve functional metric performance resulted in an exploding number of planners. Rolling up a perpetual inventory signal takes eleven hours. days to get a perpetual inventory signal and 2.2 When did you know it?