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

GlobalTranz

Is cost reduction all that there is in measuring Supply Chain performance? 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. Review Inventory turns and Return on Assets.

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

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The Importance of Visibility In the Supply Chain

Precoro

This can be achieved by improving supply chain visibility. In this blog post, we'll answer the following questions: What is supply chain visibility? What do high-visibility supply chains look like? How can supply chain visibility be achieved?

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

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Vendor Managed Inventory (VMI): Advantages and Examples

Clear Spider

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory?

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4 Supply Chain Areas to Examine in the Face of Disruption

QAD

Increasingly, we see manufacturers placing less emphasis on cost savings and more importance on supply chain adaptability, risk management and speed. The desire is to create flexible sourcing and connected supply chain networks that effectively respond to customers’ issues and expectations.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.