Document Metrics Optimization Modeling Procurement 
The Logistics & Supply Chain Management Society
AUGUST 14, 2023
Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. By leveraging the power of AI, organizations can optimize efficiency, cost-effectiveness, and overall customer satisfaction.
Precoro
MARCH 31, 2023
March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.
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ToolsGroup
SEPTEMBER 20, 2022
Optimizing Equipment Maintenance. As AI becomes more affordable and accessible, manufacturers are leveraging the power of predictive algorithms in combination with sensors and computerized maintenance management systems (CMMS) to optimize their equipment maintenance. Optimize spare part inventories.
Precoro
SEPTEMBER 4, 2023
The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.
Talking Logistics
NOVEMBER 10, 2014
As I wrote earlier this year in Is Your Business Model Safe? , Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process.
Supply Chain Shaman
AUGUST 11, 2014
We have found that supply chain metrics are gnarly and complicated.During Eight years ago, we started with a focus on Total Delivered Cost (TDC) and elevating our cost savings program performance, as well as eliminating sub-optimized cost efforts that might have helped in one specific area, but hurt our overall performance.
Supply Chain View from the Field
AUGUST 27, 2014
Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.
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