Remove Continuous Improvement Remove Examples Remove Metrics
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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In 2016, we finished a study on continuous improvement. In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent.

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Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. One example that I’ve seen several times is around inventory targets. These are many and varied.

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The 7 Habits of Highly Effective 3PLs

The Logistics of Logistics

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Habit 6 – Continuous Improvement.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

While procurement operates as a function within the broader supply chain, it has its own set of priorities for strategic sourcing in procurement, performance metrics, and specialized processes. Procurement teams negotiate long-term contracts to lock in pricing, mitigate supply chain risk , and ensure supply continuity.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Efficient supply chains strengthen collaborative relationships through automated communication systems and shared performance metrics.

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Procurement Category Management: Step-by-Step Guide with Examples

Precoro

How to establish a category management system Examples of categories and strategies Why category management in procurement matters How Precoro can help you establish a category management system Frequently asked questions about category management services What is category management? Read on to learn: What is category management?