Remove Internet of things Remove Metrics Remove Procurement Remove Shipping
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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". A pull system is better than a push system. Read more. .

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

GlobalTranz

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. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

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Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. End to End Supply Chain Visibility and the Internet of Things (IoT).

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. This can be done by analyzing data on weather conditions, historical shipping data, and traffic patterns. It does this by identifying seasonal trends and demand patterns. This brings us to our next point.

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Best Practice: Creating a Governance Mechanism for Analytical Learning in Organizations

NC State SCRC

There are systems directors in both the procurement and logistics/planning teams. The team also leverages insights from university research centers and consulting groups, including CAPS Research, MIT, XEM, Gartner, ProcureCon, and Procurement Leaders, to ensure they are connected to emerging ideas.

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SCRC Meeting Insights Part II: Management Principles for Executing Visibility Strategies

NC State SCRC

What impact does digitization (the internet of things, or IoT) have on my organization and my employees? Will digitization change the way we measure things and monitor metrics? Customers change the quantity they ship inside of lead times set by the supply base, and the quantities double.

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Supply Chain Digital Transformation 101: 8 Ways to Transform Your Supply Chain

ShipBob

Though the pandemic isn’t forever, the push towards digital transformation will continue to support retailers as they build supply chain resilience and be prepared for almost anything — a sudden influx in demand, logistics procurement disruption, natural disasters, or a warehouse closure. Meet customer expectations.