Remove Aerospace Remove Procurement Remove Procurement Analytics
article thumbnail

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.

article thumbnail

Foreign Adversaries Threaten Critical U.S. Manufacturing Sectors

Exiger Perspectives

This alert identifies some of the potential impacts of these proposed restrictions on the aerospace industry and U.S. government procurement of critical components. Background Nickel and titanium are critical to the aerospace manufacturing sector. At least two aerospace companies in the U.S. Companies The U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

article thumbnail

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?

article thumbnail

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.

article thumbnail

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.

article thumbnail

Top 10 Manufacturing Trends For 2019

IQMS

Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.