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5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Optimizing inventory can also be achieved by leveraging technology and data analytics. Implement Logistics KPIs Identifying and tracking key performance indicators (KPIs) is essential for improving distribution operations.

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The Renewed Importance of Production Planning and Operational Excellence in the New Normal- Part Two

Supply Chain Matters

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

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Supply Chain Department – A Typical Structure

SCMDOJO

Data-Driven Decisions The structure provides a framework for collecting and analyzing data across the supply chain. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Analyze performance metrics and implement improvements to enhance efficiency.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7. Make or Buy decision Lesson 3. Trends and tendencies in procurement Lesson 3.

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Manufacturing Metrics that Actually Matter (The Ones We Rely On)

synchrono

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

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10 KPIs to measure inventory management performance

Taulia

By regularly monitoring the average amount of inventory you hold, perhaps monthly, you can determine whether you’re over- or under-buying and iron out the spikes and drops to make your approach to inventory management more efficient. You can calculate inventory turnover using the following formula: Cost of goods sold / average inventory.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place.