Remove Apparel Remove Metrics Remove Procurement Remove Transportation
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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning. in 2021 compared to the year before.

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Let the Qs Begin

Supply Chain Shaman

The script will be distributed to CFOs of apparel, consumer packaged goods, and food/beverage companies next week. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. Bernstein & Co., ” Yes, I said.

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Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Apparel is actually moving backwards. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

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Hitendra Chaturvedi’s Reality Check

Resilinc

There are a lot of hard-headed realists in the procurement and supply chain profession. Industries that are facing the biggest labor shortages are construction, transportation, warehousing, hospitality and local service businesses like salons and dry cleaners—all staffed by a significant proportion of immigrants.

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Customer Satisfaction scores side by side with the service level and availability metrics. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. .