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How New Supply Chain Technologies Are Boosting Efficiency

ShipBob

With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. 5 supply chain technology trends to look out for. How to Choose a 3PL for Your Ecommerce Business.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

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. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Read more. . Read More. .

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. He brings a thorough understanding of market trends and digital​ technologies that can help enterprises be more effective ​with their Procurement and Supply Chain strategies.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2).

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. . This list should include the business metrics that each procurement project impacts. In the report, Gartner provides a helpful example of what a value map could look like.

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Building a Circular Supply Chain

TransAudit

Data and Technology Existing supply chain technologies optimize for linear processes and transactions, so organizations need a fresh approach to tracking and visibility. Emerging technologies like IoT, AI, and machine learning can provide deeper visibility in the overall supply chain process.

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Supply Chain Governance Is Essential to the Ethical Business

Logility

Although both management and governance have the goal of creating a more efficient supply chain, management deals with the products and their efficiency. Effective governance requires real-time data to improve sourcing decisions, create and nurture a strong supplier network, and provide the transparency consumers demand.