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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. Cost reduction is still very important.

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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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Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs).

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Supply Chain Agility: What is It & How to Improve Yours

Unleashed

Agile supply chain management is especially important in today’s dynamic business landscape, where customer expectations, technological advancements, and environmental uncertainties are constantly evolving and creating new challenges and opportunities for supply chain performance. Let’s dive in.

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Zero Visibility to Complete Control: Supply Chain Optimization

Locus

To effectively meet customer demand, retailers need a well-oiled machine behind the scenes – I’m talking about a streamlined supply chain. And the make-or-break point in this chain? Locus, however, transforms post-purchase data into valuable knowledge, presented through easily understood dashboards.

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Vendor Managed Inventory (VMI): Advantages and Examples

Clear Spider

An emphasis on data-sharing between vendors and customers increases visibility and makes data analytics more powerful. As a result, vendors use better demand forecasting to meet inventory goals, while customers focus on improving other metrics like customer service and brand loyalty. The Problem with Sales Data.

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

SCMDOJO

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. Efficient Supply Chain Practices: Automated Distribution Centers and Computerized Inventory Systems Automation is a key component of Walmart’s efficient supply chain practices.