article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

article thumbnail

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!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

article thumbnail

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. They use the global level KPI to ensure that each player in the same supply chain is measured the same way. Also, they utilize SCOR Model as the standard process.

article thumbnail

4 Best-in-Class Supply Chains To Watch and Learn From

Logistics Bureau

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. The Sustainability Drive.

article thumbnail

Balancing Cash, Cost and Service: The Supply Chain Triangle

Arkieva

On the Cost side, we primarily think of operational costs like purchasing cost, manufacturing cost, logistics cost, etc. Sourcing in Asia, the leveling of production and rounding to full trucks are measures that lower the cost but they increase inventory. We also show their typical KPI’s.

article thumbnail

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally. Sustainable Leadership Purchasing Council. Mihai Corbuleac. csITsupport.