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8 Supplier Management Best Practices any bussiness can implement

Precoro

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Raise Team expertise.

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Who is Your Best Supplier?

Supply Chain Game Changer

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Work with high-priority suppliers to build capacity and discuss sustainability performance. How will you improve supplier buy-in? They must also follow hard deadlines and KPI targets.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. These goals fall into one of two primary types: Absolute goals , which only take KPIs into account—for example, reducing GHG emissions 30% by 2025. Secure Buy-In. Source: sasb.org.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Purpose of SCM Analytics Supply chain analytics aims to provide insight and extract value from the large amounts of data associated with the procurement, processing, and distribution of goods. It is an essential element of supply chain management. What are some examples of Supply Chain Analytics?

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6 Career Paths in Supply Chain Management You Can Take

SCMDOJO

A capacity planner optimizes production capacity. They are in charge of purchasing, procurement, and sourcing. With our customizable Logistics KPI Dashboard Excel Template , you can obtain a detailed view of your business’s Current Performance versus Target and the Previous Year’s performance.

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

Logistics Bureau

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. 4 Leading Operators with the Supply Chain X-Factor. The Sustainability Drive. Innovation.