Procurement Academy

FEBRUARY 25, 2025

Proper execution of cross-functional training can turn siloed departments into unified and efficient teams; equipping employees with the right skills to collaborate seamlessly across organizations. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

ToolsGroup

JANUARY 21, 2025

Retailers implementing these solutions are seeing improvements in customer engagement metrics and repeat purchase rates. Agent AI is emerging as a game-changing tool for understanding and responding to customer behavior in real-time.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.

Cost Reduction Strategies 413

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 413

Procurement Academy

FEBRUARY 6, 2025

Download our Training Catalogs Gone are the days of one-size-fits-all training programs and static skill sets. The latest employee training trends show todays successful organizations as those that adapt quickly by embracing innovative approaches to upskill their teams. The result?

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

RFgen

DECEMBER 19, 2024

Training Requirements: Introducing new equipment and processes necessitates workforce training to ensure smooth transitions and maintain productivity. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used? Track machine runtime to understand and optimize utilization rates.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1

Supply Chain Planning Software 333

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 333

Supply Chain Shaman

MAY 29, 2014

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 366

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 366

Logistics Viewpoints

NOVEMBER 3, 2022

The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. If so, MVS is a form of work measurement designed to gauge the time it takes for a trained worker to accomplish a specific task to an acceptable level of performance. Spotting areas for further training.

Supply Chain Design Software 264

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 264

Logistics Viewpoints

MARCH 3, 2025

Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Agentic allows for much greater flexibility.

Negotiating Skills 193

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 193

Enchange Supply Chain Consultancy

JULY 3, 2024

Ensure they have the necessary inventory, marketing materials, and training to effectively introduce your products to the market. Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. Use data-driven insights to guide these discussions.

Inventory Reduction 263

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 263

RFgen

NOVEMBER 20, 2024

These systems also support phased implementation, allowing you to start with high-priority processes, train staff during regular work hours, deploy your wireless infrastructure before software rollout, maintain parallel systems during the initial transition, and closely monitor performance metrics.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Train teams to model variability and build a planning master data layer to understand layers of variability. (A Tougher than most understand. United States Inflation Rates and GDP Inflation is the highest in forty years.

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 417

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. Implementing supply planning solutions is hard. Count them!

Supply Chain Planning Software 244

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 244

Procurement Academy

FEBRUARY 17, 2025

Heres why it matters: Relevance through role-based training: Certification enables your team members to gain skills directly applicable to their responsibilities. Role-based training is a tailored approach that translates to real-world results. Explore more about how cross-functional training boosts supply chain performance.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Software Buyer Training Optimal Sourcing 92

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 386

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 386

Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric. Training is also clearly important. The company uses a network design tool from Coupa.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 305

Supply Chain Shaman

MARCH 27, 2014

” A Question from my Training Class this Week. It was a series of days on planes, trains and automobiles. I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. “How can I move the ball down the field, if I don’t have the ball?” Last week was a blur.

Supply and Demand 342

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 342

The Logistics of Logistics

AUGUST 17, 2022

Lean ensures that your satellite office is staffed with highly educated, English-speaking professionals trained in your company’s processes and systems. She joined symtrain in 2021 and is excited to help businesses grow their people, impact, and bottom line through digitized role-play training and coaching. About Melanie Flores .

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 246

Logistics Viewpoints

FEBRUARY 29, 2024

Take onboarding and training new employees. With tools like GenAI, new workers can get real-time answers to questions and highly-personalized training. Metrics are critical as well. It’s easy to imagine a faster and more efficient path to productive work. But be wary of setting “moonshot goals” that may take years to achieve.

Supply Chain Planning Software 321

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 321

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. Some are focused on project implementation; others are attempting to improve supply chain talent by defining career paths, training, and skill development, while others serve in an audit capacity. Lack of aligned metrics. Lack of executive buy-in.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

SCMDOJO

JUNE 11, 2024

The SCMDOJO Logistics Management Track is your ultimate logistics training pathway. Let’s explore why our logistics training is unique, what’s included in our logistics pathway, and how you can get started today. Watch 6 Key Metrics to Include in Your Logistics Dashboard on SCMDOJO YouTube Channel! Follow SCMDOJO on LinkedIn!

Buyer Training 92

Buyer Training Price Mitigation Strategies Training Logistics Network Optimization Software 92

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. This does not come easily, and requires training. Metrics Alignment. Most companies operate well within functions, but struggle to build strong horizontal processes. They lack cohesion. It must be managed as a system.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

Supply Chain Shaman

FEBRUARY 26, 2024

In today’s training class, we focused on determining the balanced scorecard. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Analyze inventory health. Education is fundamental.

Modeling 273

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 273

Logility

APRIL 28, 2025

Agents trained in supply chain logic and real-time business data can surface insights with unmatched speed and clarity. Whether it’s replenishment planning, route optimization, or demand signal validation, agentic AI shows it can drive impact today. So, how can supply chain teams get started with agentic AI before full autonomy arrives?

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 147

Supply Chain Shaman

SEPTEMBER 24, 2017

We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. By graphing the financial metrics through orbit charts, we find that 90% of companies are stuck at the intersection of operating margin and inventory turns. This research was tough work. Does this mean throwing out the baby with the bath water?

Cost Reduction Strategies 262

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 262

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. An outsourcing vendor can be used at the entity to share best practices, recommend and implement new methodologies, and train resources. Those companies also reduced planning spend.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

Supply Chain Planning Software 93

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 93

SCMDOJO

JULY 3, 2023

Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer. The fantastic employment options that procurement training opens up are among the most convincing arguments for doing so.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Supply Chain Shaman

FEBRUARY 13, 2020

Most supply chain leaders cannot get their groove on because they generalize–the use of the same metric targets and tactics for the supply chain without paying attention to the flows. It is usually not one issue, it is the combination of data cleanliness, optimization tuning, and employee understanding/training. Wrong Metrics.

Optimal Sourcing 300

Optimal Sourcing Modeling Forecasting Supply and Demand 300

Logility

MARCH 21, 2024

It can learn faster than humans and is trained to process and analyze huge amounts of information based on training data, algorithms, and statistical models. Small models can perform the same or better than these huge models when trained and fine-tuned on a very specific domain. trillion parameters.

Optimal Sourcing 227

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 227

RFgen

DECEMBER 5, 2024

Comprehensive training is crucial for successful adoption. After training, conduct practical hands-on evaluations to assess proficiency. Monitor metrics like sales cycle duration, customer satisfaction scores, and cash flow improvements. These KPIs show how mobile ERP streamlines your core warehouse operations.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. True optimization applies data to ensure all decisions and processes are carried out to their fullest potential.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Shaman

SEPTEMBER 4, 2017

We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. The better supply chain planning implementations produce tighter and more reliable patterns at this important metrics intersection. Shown in Figure 1 is an example of resiliency.

Supply Chain Planning Software 191

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 191

ToolsGroup

MAY 21, 2024

Providing Training and Resources : Equip employees with the necessary skills and tools to succeed in a decision-centric environment. This might include training sessions, workshops, and access to advanced decision-making technologies. Ensure that every team member understands the “why” behind the change.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

Logility

JUNE 26, 2024

Not to mention, employees who are trained effectively can get to producing high-quality work much faster than those who are left to their own devices. Younger generations have little to no patience for lackluster user interfaces, while older generations need intuitive tools with excellent training.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Gartner 216