Eliminating Excel in Purchasing Logistics Metrics Risk Management 
Supply Chain Shaman
FEBRUARY 18, 2021
While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. The Emergence of Logistics as Constraint. Initially, the output was published to procurement to design strategic buying strategies. I love the metaphor of watermelon metrics.
Procurement Academy
OCTOBER 19, 2023
Advance Procurement Excellence with Expert Negotiation Strategies With procurement excellence comes multidimensional skills. By identifying cost-saving opportunities like bulk purchase discounts, they can significantly impact both an organization’s profitability and market competitiveness.
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SCMDOJO
MARCH 19, 2024
Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. These functions include procurement, production planning, inventory management, logistics, and customer service.
SCMDOJO
JULY 24, 2023
Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?
Elementum
FEBRUARY 7, 2024
Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Common performance metrics include process completion rate and the number of automated tasks.
Resilinc
NOVEMBER 14, 2023
There are so many regulations like UFLPA and the German Due Diligence Act and others that are impacting global logistics and shipping. For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices.
ThroughPut
FEBRUARY 23, 2024
A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. Operational chaos and so much more.
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