Data Eliminating Excel in Purchasing Metrics Supplier Management 
Precoro
MAY 27, 2021
For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Segment your suppliers.
HICX Solutions
OCTOBER 13, 2020
In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data forms a vital component to the management of these relationships, as Richard clarifies, “The key thing with data is, there’s a cycle.
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SCMDOJO
FEBRUARY 29, 2024
Supplier performance management is fraught with challenges and difficulties for several reasons. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?
HICX Solutions
OCTOBER 13, 2020
In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data forms a vital component to the management of these relationships, as Richard clarifies, “The key thing with data is, there’s a cycle.
ThroughPut
FEBRUARY 23, 2024
With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. The solution?
Supply Chain View from the Field
JANUARY 14, 2015
ERP systems are generally thought of as large systems with transaction processing and data structure capabilities that promote intra-organizational communication. Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al.,
Supply Chain View from the Field
JULY 22, 2015
Instead, the buying company should be aware of “hidden costs” to the contract, which often pop up unexpectedly once the contract is in full swing. Data Security and Rights. At a bare minimum, the client owns their data and can get it back in a timely fashion. For example, uptime and response time, just to name a few.
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