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Essential Supply Chain KPIs to Track for Enhanced Decision Making

SCMDOJO

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

GlobalTranz

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. We began our series first writing about the 9 key broad and somewhat soft topics to understand in effective KPI Management.

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The Role of Centers of Excellence in Supply Chain Transformation

NC State SCRC

In 2025, we will likely see many supply chain organizations creating multi-purpose COEs that carry out several different processes. If managers are tied up checking on purchase orders, supplier invoices, payments, and RFPs, they have little time to work on the more important cost-impactful work.

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6 KPIs That Influence Inventory Optimization

Silvon Software

By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. The right KPIs depend on your companys unique needs and goals. But what exactly should you measure?

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Reducing Cost Per Delivery: and Interview with FarEye

Logistics Viewpoints

Reducing Cost per Delivery Reducing cost per delivery is a critical KPI for companies. Research has shown that about 90 percent of online users want to know what the return policy is before they make a purchase, making a customer-centric return policy important. Here are the key points from our discussion.

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5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.