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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Focus on functional metrics without alignment to a balanced scorecard to drive value. Over the last decade, in the building of global supply chains, organizations grew more political with gaming on metrics. Belief in efficient procurement. Investment in indirect procurement hi-jacked investment in building value networks.

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How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue. And if not – what will change?”.

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IT Procurement: How to Purchase IT Products and Services Effectively

Precoro

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

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COP26: climate change as the supply chain’s new imperative

Procurement Academy

This wider focus is known as ESG , environmental, social, and governance, and for procurement and supply chain functions, ESG’s wider focus brings challenges. How should a procurement function regard a supplier with fewer green credentials, but a better performance when it comes to social responsibility? Choices, choices, choices.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background. Investment in control towers.

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No Time Like the Present

Supply Chain Shaman

I love the stories but question the fit of the metaphor(s) for a supply chain conference. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The gap between logistics and procurement; and logistics and customer service increases process latency. The reason?

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Top 5 KPIs for Purchasing Managers

Precoro

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.