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Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molexs story is interesting because they excelled at overcoming these cultural issues. The buyers dont report to Mr. Gainsford.

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Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2.

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Procurement & Supply Chain Management: Aligning for Operational Excellence

Procurement Academy

This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. Procurement professionals focus on sourcing goods and services, negotiating with suppliers, and managing contracts. A poorly negotiated contract can lead to delayed deliveries. It doesnt have to be that way.

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Equipping the Future: OCM’s Role in Closing Supply Chain Skills Gaps

Bristlecone

However, with these benefits comes the challenge of bridging workforce skills gaps required to fully leverage these advancements. As supply chains become increasingly automated and tech-driven, the demand for digitally skilled employees continues to rise. Effective OCM reduces this risk.

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Just Jump

Supply Chain Shaman

Training ensued, and the expectation of changing work was shared. The shifts over the last decade are profound: Is the answer a Supply Chain Center of Excellence? So, creating a Supply Chain Center of Excellence might sound like a good idea to start. Lack of executive buy-in. Within a year, we eliminated the typing pool.

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. A Supply Chain Analytics Center of Excellence (COE) can help you start off with the right team structure, engage the right stakeholders and put you on the right path to implementation. Operations Research Skills.