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The 10 Procurement Metrics that Matter in 2021

Unleashed

Traditional heavy industries, such as oil, gas, chemicals, and advanced materials will navigate major cost challenges resulting from a significantly reduced demand. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. In this post, we’ll unpack ten top procurement metrics and why they matter.

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Seven Strategic Components for a Proactive Process Chemical Supply Chain

Logility

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) Chemical manufacturers faced with shrinking margins must put the right product in the right location at the right time. can vary from lot to lot.

Chemicals 100
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Asking the Right Questions Is The First Step To Drive Supply Chain Excellence

Supply Chain Shaman

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). A focus on functional metrics throws the supply chain out of balance.)

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Ways to help manage the chemical supply in disruption.

o9 Solutions

An additional factor in the volatility is that many downstream industries rely on chemical companies for their production processes. As such, there’s never been a greater need to find ways to manage the chemical supply chain through disruption. . You know, there’s no shortage of metrics and indicators out there.

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Key Ingredients to Formulating a Winning Supply Chain Strategy in the Process Chemical Industry

Logility

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Aligning and integrating key performance metrics across the extended supply chain can be difficult. There are several key ingredients in formulating a winning process manufacturing supply chain.

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Functional Intitiatives Without Clarity on Supply Chain Strategy.

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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 ). The definition of this metric is similar to the way it sounds. Cost of quality.