article thumbnail

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. By doing this, they could potentially save the company millions of dollars in excess inventory.

article thumbnail

7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

GlobalTranz

7 Strategic Performance Business Practices to Provide the Ability to Manage 3PL KPIs. Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. Planning and risk management is imperative. Performance Management/Measurement Management.

KPI 120
Insiders

Sign Up for our Newsletter

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

article thumbnail

As Europe Rebounds Supply Chain Continues to Shine

MIT Supply Chain

An example of the network’s strength is a recent workshop on risk management in Basel, Switzerland, that was organized by 15 graduates of ZLC’s master degree program. This cluster of graduates works in the pharmaceutical industry (for more information see the news story ZLC Alumni Organize Industry Workshop ).

Europe 71
article thumbnail

Supply Chain Management:Get,Set,Go-Agile Implementation of.

Infosys Supply Chain Management

They understand the benefits derived from a unified view of customer orders and inventory across different fulfillment types. At the start of the project a workshop can be planned with Business users. The goal of this workshop will be to come with set of Sprints and the capabilities which each Sprint will deliver to the Business.

article thumbnail

Navigating Your Migration to a Cloud-Based ERP Solution: Comprehensive Guide & Checklist

RFgen

Training and Change Management Develop a Training Program: Plan for comprehensive training for users on the new ERP system. Implement Change Management Strategies: Introduce strategies to manage the change in processes and systems for employees. Risk Management : Overseeing risk assessment and mitigation strategies.