Remove Consumer Goods Remove Inventory Remove Metrics Remove Sourcing
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The 10 Procurement Metrics that Matter in 2021

Unleashed

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. Undamaged shipment rate.

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32 KPIs That Drive Inventory Optimization

Silvon Software

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84 per $1000 of revenue).

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Mars is one of the largest fast moving consumer goods companies in the world. Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning.

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CPG / Food & Beverage

Vecco International

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84 per $1000 of revenue).