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The 10 Procurement Metrics that Matter in 2021

Unleashed

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

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This Week in Logistics News (March 12 – 18)

Logistics Viewpoints

And now on to this week’s logistics news. Walmart GoLocal teams up with Delivery Solutions. Russian forces are cutting off shipping routes, logistics firms are suspending services, and air freight rates are skyrocketing. billion metric tons of discarded plastic have never been recycled. That’s all for this week.

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Seven Strategic Components for a Proactive Process Chemical Supply Chain

Logility

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) Chemical manufacturers faced with shrinking margins must put the right product in the right location at the right time. can vary from lot to lot.

Chemicals 100
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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

the biggest challenge supply chain and logistics professionals face today is not change, which is something they have always faced, but keeping up with the rapid pace of change across a variety of dimensions — technology, regulations, economic and political landscapes, demographics, and so on. How are companies using SCONs in the real world?

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Key Ingredients to Formulating a Winning Supply Chain Strategy in the Process Chemical Industry

Logility

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Too many companies still rely on inadequate capabilities provided by spreadsheets and basic ERP forecasting solutions. Talk about value-add! What else would you add?

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.