Remove Consumer Goods Remove Metrics Remove Sourcing Remove Supply Chain
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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. What is procurement? Undamaged shipment rate.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars is one of the largest fast moving consumer goods companies in the world.

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Building a Circular Supply Chain

TransAudit

Today’s supply chains are still mostly linear, taking raw materials from the planet, using them, and disposing of them when they no longer have value. Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. What Is a Circular Supply Chain?

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

ToolsGroup

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). Those companies also reduced planning spend.

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

ToolsGroup

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). Those companies also reduced planning spend.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter.

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Challenges to Supply Chain Management

Elementum

Supply chains shift and evolve continually. A best practice supply chain management process today looks very different from even a few short years ago–each of the elements of supply chain management must be agile and adaptable to changing environmental, logistical, and sector-specific conditions.