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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics.

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How Do You Turn Supply Chain Data Into Actionable Information?

Logility

So how do you turn that data into actionable information? For instance, a modern report for a manufacturer might display all the data about transportation providers as usable information, in a scorecard format. Consistently monitoring and making informed decisions based on data means you are fully leveraging your analytics platform.

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The 10 Procurement Metrics that Matter in 2021

Unleashed

This is often managed with the help of supplier management software or inventory management software. Accelerating value capture by leveraging digitisation, supplier management software, and spend analytics. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Undamaged shipment rate.

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17 Key Inventory Metrics & KPIs for 2023

Unleashed

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

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Multi-Carrier Shipping Software Solutions for 2021

ShipBob

But, for merchants either looking to launch a brand or grow their existing online store, it’s no secret that shipping has become more complex and expensive. Luckily, multi-carrier shipping software solutions for 2021 simplify shipping, so that brands can focus on what’s most important — growing their business.

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How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

That’s where supply chain risk management software comes in. SCRM software helps companies manage their supply chains by centralizing every aspect of their operations into one place so they can see where problems are occurring before they happen. In fact, 89% of businesses encountered a supplier risk event in the last five years.