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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

Metric: Goal/KPI: Zero quality reports upon the receipt of goods at Warehouse or ultimate consumer; Embedded 3PL rep to help improve 3PL service by monitoring 3PL deliveries and daily service. Leading/lagging indicators: KPIS for continuous improvement in problem/process issues; collaboration, transparency, and partnering.

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Two Key KPIs to Measure Your Invoice Automation Program

Taulia

Solutions that can help companies achieve this range from user-friendly electronic invoicing solutions to cognitive invoicing tools that parse supplier invoices directly into the buyer’s ERP system. The percentage of invoices that are both electronic and processed “straight through” (i.e. without the need for manual intervention).

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Molex Prizes Agility

Logistics Viewpoints

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics.

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PLM and QMS Software Vendor Reference Checks: Key Questions You Should Ask

Arena Solutions

electronics, mechanical, software, firmware, custom parts, IoT elements)? Did you integrate the PLM/QMS solution with any computer-aided design (CAD) , enterprise resource planning (ERP) , customer relationship management (CRM), manufacturing execution system (MES) , or electronic component database systems?

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Setting KPIs for your procurement department

Taulia

And that means using the right KPI to measure how long your PO cycle time is. You can find out by using the right KPI to keep track of supplier availability, ensuring that when you’re next in dire need, you’ve got the right supplier to reach out to. Metric: Percentage of invoices sent electronically.

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Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

ToolsGroup

Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels. First, we need to establish: what’s the whole point of supply chains? To service demand!

KPI 156
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Realizing Value from Order Promising

E2open

if one business objective for your order promising initiative is to reduce finished goods inventory (FGI), a business that sells a variety of products can relate order planning cycle time to this specific KPI. Consumer Electronics. So, what value metrics and process metrics do you think impact your company’s order promising initiative?