Remove KPI Remove Packaging Remove Sourcing
article thumbnail

Is this the most perfect FMCG or Pharma or Drinks Supply Chain ever?

Enchange Supply Chain Consultancy

Across the Source, Plan, Make and Deliver Supply Chain disciplines we can see excellence and leading edge systems and performance. Raw and packaging materials are bought at very competitive prices yet with equally favourable payment terms. Lead times are optimised and stock is on consignment. Who wouldn’t like to work in this company?

article thumbnail

28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

article thumbnail

FMCG: The most perfect Supply Chain in the history of the universe?

Enchange Supply Chain Consultancy

Across the Source, Plan, Make and Deliver Supply Chain disciplines we can see excellence and leading edge systems and performance. Raw and packaging materials are bought at very competitive prices yet with equally favourable payment terms. Customer service levels are over 99% for all customers. What an organisation!

article thumbnail

How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

article thumbnail

What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

The formulae for the PPV is: PPV= (Standard Price – Actual Price) *actual quantity Lets understand this with some examples: Example # 1: A FMCG company plans to purchase 20,000 units of packaging material at an estimated cost of $6 per unit, setting a total budget of $120,000. Check out the Procurement KPI Dashboard now!

article thumbnail

ToolsGroup’s Michael Haiber and Stefano Novati Named Supply & Demand Chain Executive “Pros to Know” for 2021

ToolsGroup

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir. Go to www.SDCExec.com.