Remove Automotive Remove Metrics Remove Procurement
article thumbnail

Why a network model makes sense for today’s automotive suppliers

The Network Effect

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

article thumbnail

The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

article thumbnail

When the Rubber Hits the Road

Supply Chain Shaman

In this volatile world, efficient procurement led by a CFO is not the answer. Ford, historically has been an industry laggard in the automotive sector and, with this focus, will continue to be a laggard in the future. Results in the Automotive Industry for the period of 2012-2021. What is the issue? Conclusion.

article thumbnail

28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

article thumbnail

What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example.

article thumbnail

7 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.