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The Impact of Employee Skill Proficiency on Business, Innovation, and Supply Chain Performance

Procurement Academy

After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.

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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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6 Ways Energy Companies Can Benefit from Procurement Technology

EC Sourcing Group

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Supplier Performance Management : Maintaining effective relationships with suppliers is crucial in this sector.

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10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

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Supply Chain Department – A Typical Structure

SCMDOJO

The Purpose of the Supply Chain Department The supply chain department plays a crucial role in ensuring the smooth flow of goods and services from the point of origin to the point of consumption. Watch What is Marketing Procurement? Why do you need a structured Supply Chain Department?

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. As a research leader at AMR Research when I voiced the concern for a more rigorous peer group analysis in prior meetings, I hoped for a better outcome. The reason?

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