Supply Chain Shaman

JANUARY 7, 2015

While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. After two years of research, I think that we throw the supply chain out of balance and limit its potential through the use of traditional and functional metrics. It is for this reason, that I believe that the traditional SCOR Model metrics are problematic. Achieving Balance in Metrics. Last week, I held my new book in my hand.

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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.

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Metrics Procurement Analytics Procurement Solutions Procurement 104

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

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Silvon Software

FEBRUARY 23, 2023

As powerful tools to support these initiatives, both Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) are metrics that can be used to monitor business performance and track potential risks. In today’s post-COVID era, emerging risks will continue to impact many areas.

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Procurement Analytics Software Metrics Procurement Solutions 62

ivalua

SEPTEMBER 10, 2019

Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress. Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress.

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Benchmarking Metrics Tools Negotiate Pricing 140

ivalua

MAY 3, 2021

The post Public Procurement Metrics appeared first on Ivalua

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ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. Tracking the Metrics that Matter. Inflation Metrics. Risk Metrics. Uncertainty Metrics.

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ivalua

JULY 20, 2020

The post Procurement Sustainability Metrics appeared first on Ivalua

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Silvon Software

MARCH 16, 2023

BI reporting should support the evaluation of specific S&OP metrics like forecast accuracy, forecast volatility, demand consumption, and various supply chain and inventory management liabilities.

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Predictive Analytics Forecasting Software S&OP 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? Procurement Basics

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Procurement Analytics Manufacturing Procurement Procurement Solutions KPI 52

Silvon Software

AUGUST 8, 2022

And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Intelligent Analytics Customer Metrics Financial Metrics Inventory Metrics Manufacturing Metrics Planning Forecasting Procurement Metrics Supply Chain Metrics

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SCMDOJO

SEPTEMBER 7, 2021

Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. Procurement.

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Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. 7 Procurement KPIs You Should be Using. Other Supply Chain KPIs Procurement Teams Should Track.

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ivalua

AUGUST 17, 2021

The post Procurement Metrics that Matter in 2021 appeared first on Ivalua

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GlobalTranz

APRIL 15, 2020

Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis.

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Metrics Procurement Capacity Transportation Management 180

ivalua

JUNE 13, 2022

The post Procurement Metrics that Matter in 2022: Global Survey of CPOs appeared first on Ivalua

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Metrics Survey Procurement Global 130

ivalua

AUGUST 17, 2021

The post Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard appeared first on Ivalua

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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. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

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Metrics Supply Chain Performance Supply Chain Optimization Procurement Analytics 183

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. Why are retail metrics important? The Most Important Retail Metrics in 2023 appeared first on ShipBob

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ivalua

AUGUST 17, 2021

What does Procurement mean? However, this is somewhat of an oversimplification of what the modern, best in class procurement organizations do for the larger business or organization. Procurement can and should be a significant value generator for the larger organization.

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Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? Subscribe Here!

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Manufacturing Procurement Procurement Analytics Procurement Procurement Solutions 67

ivalua

AUGUST 19, 2021

Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream.

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Metrics Procurement Benchmarking Electronics 130

ivalua

JUNE 18, 2020

The post Procurement Metrics that Matter in 2020 appeared first on Ivalua

Metrics 130

Metrics Procurement Optimal Sourcing 130

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Automate procurement processes.

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IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence. Quality Metrics Defining the Future of Manufacturing.

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Predictive Analytics Metrics Quality Manufacturing 56

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. The same applies to Procurement.

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Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is Committed.

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ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up.

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EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. EcoVadis sustainability ratings and scorecards help procurement teams monitor supply chain Corporate Social Responsibility (CSR)/ESG practices across 190 sectors and 150 countries.

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Metrics Procurement Analytics Sustainability Benchmarking 68

ivalua

SEPTEMBER 3, 2020

The post Ardent Partners | Procurement 2020: Key Metrics for the New Decade appeared first on Ivalua

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ivalua

AUGUST 11, 2020

The post Procurement 2020: Key Metrics for the New Decade appeared first on Ivalua

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Metrics Procurement Optimal Sourcing 130

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Buyer / Procurement Department KPI s.

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Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

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Procurement Negotiating Skills Freight Manufacturing Procurement 190

Supply Chain Shaman

DECEMBER 28, 2020

In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. Use data and new metrics systems to free the organization from the ball and chain of corporate politics.

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ivalua

JANUARY 9, 2020

The post Ardent Partners Procurement Metrics that Matters appeared first on Ivalua

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ivalua

SEPTEMBER 1, 2021

The post Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard appeared first on Ivalua

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Supply Chain Shaman

FEBRUARY 11, 2014

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

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