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28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

Which supply chain metrics correlate to market capitalization by Morningstar sector? Amazon can now deliver almost every category of item to your home with no shipping cost for Amazon Prime customers. Performance-based logistics in aerospace and defense changed the A&D industry forever. Results of the Supply Chain Index.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

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Yes, I am a Zealot. I Still Believe. Do You?

Supply Chain Shaman

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Instead of pushing costs and waste backwards in the supply chain, companies should redesign for value-based outcomes. I order 75% of my purchases online.

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3D Printing’s Next Revolution

Logistics Viewpoints

More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. In an article last year, it was reported that the time it takes to print things has decreased. The rationale is that the parts can simply be printed on an as-needed basis. This vision has not been realized.

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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

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? What Are Procurement KPIs, and Why Use Them?

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Parts Are Not Parts

Supply Chain Shaman

The largest increase is in Aerospace and Defense (A&D). PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar. Cross Site Analytics. Shortage Management.