Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 83

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 83

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Sourcing Strategies 79

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Bureau

JULY 27, 2016

Regardless of advances in business analytics therefore, I still advocate a measured approach to measurement (pun intended), by way of a carefully chosen handful of KPIs which are meaningful and actionable. Supplier Performance Metrics for Every Organisation. Other Supplier Performance Metrics. Returns rate metrics.

Procurement Analytics 40

Procurement Analytics Metrics Procurement Solutions Analytics Software 40

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

GlobalTranz

MARCH 23, 2016

To start you must have the KPI's visual along the value stream. In order to be daily, the KPIs need to get down to ownership by the workers within the value stream. These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics. 714-788-0744-PST.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

ThroughPut

OCTOBER 20, 2022

the Industrial AI Supply Chain pioneer, today announced the addition of powerful geospatial capabilities to its Logistics and Distribution Module. Key New Logistics and Distribution Capabilities. PALO ALTO, CA, October 20, 2022 /PRNewswire/ — ThroughPut Inc. ,

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

ShipBob

SEPTEMBER 24, 2021

In this article, learn how to track warehouse performance by monitoring the right KPIs. What are warehouse key performance indicators (KPIs)? Warehouse key performance indicators (KPIs) are metrics associated with warehouse performance. Inventory KPIs. Inventory is the bloodline of your logistics operations.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Material Handling & Logistics

DECEMBER 14, 2018

Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts. The potential value of that data is huge for logistics and supply chain operations, but it’s also enormously valuable for other business units, including marketing, sales, production, etc.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

TMC

SEPTEMBER 22, 2016

For example, at TMC, white boards are at the center of our daily discussions that help to drive customers’ key performance indicator (KPI) programs and provide status updates on active projects in the pipeline. A key part of our daily discussions is customer KPI metrics.

Optimal Sourcing 48

Optimal Sourcing KPI Logistics Network Optimization Software Supply Chain Network Software 48

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ThroughPut

OCTOBER 16, 2022

An inventory manager aims at ensuring the key performance indicators (KPIs) are aligned to the available inventory and works on identifying key areas that are performing well or those aspects which require attention. Many managers use an annual inventory budget which is usually prepared well in advance before the inventory is procured.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Either way, the first thing you should do is establish metrics and KPIs. And why you must communicate with your suppliers to keep your timing and pricing expectations accurate.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Cathy Roberson

APRIL 6, 2022

Supply Chain @Mr_Supply_Chain Deep customs insights, landed cost analysis, customs delays, ports, product level analysis Chris rubio @cm_rubio Transparency Complete transparency of Available To Promise Date, Landed Cost, and ESG metrics for the entire Procure-To-Pay lifecycle at the piece level. we want to see adjustments.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Logistics Bureau

OCTOBER 19, 2020

The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Good Data is Key to Success with SCOR. Sometimes it’s Good to Look Inward Too. Ready to SCOR with External Benchmarking?

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

The Logistics of Logistics

JUNE 7, 2019

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Metrics / Key Performance Indicators (KPI).

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Logistics Bureau

DECEMBER 20, 2016

Procurement costs. The decision to outsource logistics is one which must follow extensive evaluation. If you already use third-party logistics, it’s worth querying the current cost-effectiveness of your strategy—perhaps by asking questions such as: Can the transportation rate structure be improved? Procurement Costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This is a framework for defining the scope and phasing of the initiatives.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Financial Stability. Dun & Bradstreet.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Financial Stability. Dun & Bradstreet.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Logistics Bureau

DECEMBER 20, 2021

Every article we publish covering logistics and supply chain KPIs piques our website visitors’ interest and receives a wealth of positive feedback. As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. 1: Inventory Turns. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Infosys Supply Chain Management

JUNE 20, 2013

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Procurement Blog. Communication Services. Consumer Packaged Goods.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Logistics Bureau

NOVEMBER 27, 2016

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. The measurements however, are just a means to an end , with the KPI-driven conversations being considered more important than the actual metrics. The Sustainability Drive.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Supply Chain Movement

MAY 28, 2015

His task – together with his colleagues from procurement, production and logistics – is to simplify the global supply chain while acknowledging that consumers are often very emotionally attached to a particular beer brand. Consumers have strong rooted preferences when it comes to beer.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This is a framework for defining the scope and phasing of the initiatives.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Unleashed

NOVEMBER 20, 2023

That reduces the amount of inventory space, handling, and logistics on individual small orders.” If the manufacturer can operate on a turnkey basis, where the brand is just buying a finished good from the manufacturer, then the fact they don’t need to then procure all the raw materials themselves makes things so much easier.”

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Logistics Bureau

MAY 2, 2016

Most of today’s supply chain operators utilise metrics to track performance and progress toward strategic goals. For some reason though, many exclude talent development and education from their KPI selections. All training activity is developed or procured to meet very specific objectives.

Education 40

Education Buyer Training Optimal Sourcing Supply Chain Strategy 40

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Great people and work cultures create and reinforce environments that decrease errors and inefficiency.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

ThroughPut

NOVEMBER 28, 2023

From demand to capacity, product, customer, and logistics, ThroughPut studies your entire supply chain ecosystem to recommend the best and most impactful solutions. It offers demand forecasting, inventory optimization, and logistics planning features.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52