Remove Eliminating Excel in Purchasing Remove Metrics Remove Resource Reduction
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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.)

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Why Have We Not Reduced Inventory?

Supply Chain Shaman

Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?” I have written many articles about Advanced Planning Systems (APS), Enterprise Resource Planning (ERP) and Advanced Inventory Optimization. (We Ownership of Inventory as a Metric. Here I give my logic.

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8 Warehouse Optimization Tips from Manufacturing Experts

RFgen

In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction. Process Improvement: Streamlining workflows to eliminate redundancies and bottlenecks.

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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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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. The only bright note is that shipping costs will be a fraction of what they were over the last several years.