Remove Metrics Remove Supplier Management Remove Warehousing
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

While procurement operates as a function within the broader supply chain, it has its own set of priorities for strategic sourcing in procurement, performance metrics, and specialized processes. At the enterprise level, this means developing structured supplier management programs that go beyond transactional buying.

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Breaking Down Supply Chain Optimization: Turning Data Into Actionable Insights

RFgen

Combine data from: Enterprise Resource Planning (ERP) systems Transportation Management Systems (TMS) Warehouse Management Systems (WMS) Internet of Things (IoT) sensors Supplier portals Customer relationship management systems (CRM) Performance Metrics and KPIs Performance metrics measure how effective your supply chain is.

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The 10 Procurement Metrics that Matter in 2021

Unleashed

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. Creating new opportunities by investing in supplier partnerships and joint innovations.

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What Makes a Mature Planning Organization? (Part 2)

Supply Chain Shaman

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. Applications that operate in this horizon are manufacturing or production planning, demand sensing, Vendor Managed Inventory (VMI), Supplier Managed Inventory (SMI), and Transportation Management Systems (TMS).

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What is Vendor Relationship Management

My Office Apps

Managing Multiple Locations Many businesses deal with vendors that have multiple locations. Whether you’re sourcing from different warehouses or shipping to various branches, VRM tools help track and manage vendors across multiple locations.

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Supply Chain Gamification in Logistics, Warehousing & Transport

Logistics Bureau

Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance. They even have team In Warehousing Gamification in warehousing is becoming more commonly used as a way to increase employee productivity and operational efficiency.

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Cost Performance Index (CPI): What is it and How to Calculate it?

SCMDOJO

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. Example: A supplier was expected to deliver components worth $500,000. What is the Cost Performance Index (CPI)?