Remove Books Remove Sourcing Remove Supply Chain KPIs
article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Read More: 10 Must-Read Supply Chain Analytics Books for 2023 ] The benefits of SCM analytics are numerous. By providing visibility into every aspect of the supply chain, companies can identify bottlenecks, reduce waste, and minimize delays.

article thumbnail

Cost Efficiency vs Cost Effectiveness: A Complete Guide

SCMDOJO

However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. Head to our course guide Fundamentals of Systems Costs Our E-Book on Activity Based Costing in Procurement will also help you upskill your knowledge of costing in procurement.

article thumbnail

Public Procurement & Supporting Apprentices

Procurement Templates

Source: [link]. Value for Money considerations Whilst procurement decisions should always be made on a quality/cost/risk basis, this can include taking into account incentivising investment in apprenticeships and skills as part of broader qualitative long-term benefits on the supply side alongside other ‘additionality’.