Remove Currency Remove Metrics Remove Procurement Remove Transportation
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Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. Aligning metrics matters. Functional metrics in isolation degrade value.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

Most budgets are completed in currency at a brand level. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Time horizon.

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“Collaboration” is becoming a bad word…in some circles

NC State SCRC

they estimate the “soft costs” of collaboration are enough to procure a small company Learjet! Jeff Ng from Steelcase put it very well: “Trust is the currency of collaboration, in that it requires individuals to demonstrate that there is a visible effort to listen, understand, and be inclusive.

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Spend Analysis: Best Practices

Precoro

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis. Let's learn more about them.

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ERP Advantages and Disadvantages: How To Decide

Precoro

ERP or enterprise resource planning is software companies use to automate core business processes and integrate their functions, such as accounting, project management, procurement, and supply chain operations, into a single system. These systems are hard to use , which makes the procurement process overcomplicated and inefficient.