Remove Metrics Remove Sourcing Remove Video
article thumbnail

Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

article thumbnail

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Achieve the Perfect Delivery

Logistics Viewpoints

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated. You can watch the full video below.

article thumbnail

Why Procurement Professionals Should Learn About S&OP

SCMDOJO

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Discuss bottlenecks in the supply of raw materials or alternate sources to procure balance and level production plans.

S&OP 97
article thumbnail

Misnomer

Supply Chain Shaman

They had seen my videos on the website and needed a speaker for their global kick-off meeting. The team was organized around the functional silos of source, make and deliver. Today, 60% of sourcing organizations and 45% of manufacturing organizations report through the supply chain organization.” What do you think?

article thumbnail

Redefining Supply Chain Excellence in the AI and Digital Network Era

BlueYonder

The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. To get a quick understanding, please review this video on how logistics teams benefit from end-to-end visibility and execution, and contact us.

article thumbnail

Reduce Costs: Invest In Talent

Supply Chain Shaman

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset?