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When the Rubber Hits the Road

Supply Chain Shaman

In this volatile world, efficient procurement led by a CFO is not the answer. Ford, historically has been an industry laggard in the automotive sector and, with this focus, will continue to be a laggard in the future. Results in the Automotive Industry for the period of 2012-2021. What is the issue? Conclusion.

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Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

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Resilient supply chains require a shift in procurement strategy

Resilinc

Resilinc CEO Bindiya Vakil recently contributed a WEF Agenda article in which she urges procurement and supply chain managers to adopt a new mindset as they seek to build more resilient supply chains in the aftermath of the pandemic. The inability to get a $5 semiconductor chip has brought the automotive industry to its knees,” she wrote.

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Establishing Procurement as a Competitive Advantage

ivalua

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

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7 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example.

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Top Transportation & Logistics Influencers

The Logistics of Logistics

He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. Prior to the podcast Joe served as GM and COO for a non-asset based 3PL and led a supply chain consultancy, focused on the automotive sector. Cassandra Gaines.