Remove Innovation Remove Internet of things Remove Metrics Remove Procurement Analytics
article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

article thumbnail

Unlocking Efficiency with AI in Business Process Automation

Elementum

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

article thumbnail

IoT Benefits for Supply Chain Operations

Enterra Insights

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending. ” Today’s customers expect to know when their purchased products will be delivered. ” Footnotes. [1]

article thumbnail

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

GlobalTranz

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

article thumbnail

Evolution of B2B Networks

Supply Chain Shaman

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. We are just now starting to see innovation return to JDA and GXS assets under OpenText ownership. The Promise of Innovation.

article thumbnail

Bait and Switch

Supply Chain Shaman

The market shift is towards analytics, but this new market is confusing. They are step change requiring either the redeployment of existing technologies or the purchase of new platforms. Data model structures are the difference between success and failure. Build What-if Analytics. Why is this happening? It is still early.