Remove Contract Remove Inventory Remove Supply Chain Analytics
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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Legal and Compliance Knowledge Actionable Steps: Learn Contract Law Basics: Understand key contract clauses like force majeure, indemnity, and termination rights. Free online tutorials on data visualization and analytics.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Through interactive modules, students can learn to use analytical software such as Excel, SQL, and specialized supply chain management tools.

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Cost Performance Index (CPI): What is it and How to Calculate it?

SCMDOJO

Inventory Holding Costs vs. Stock Turnover Warehousing and inventory management involve costs related to storage, depreciation, and obsolescence. CPI can help track whether inventory costs are justified by the value generated through stock turnover. al, negotiating better rates , or consolidating shipments.

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Can Coupa (and its procurement suite peers) manage supply as well as spend?

Spend Matters

But can they transcend the business spend management sphere and really go beyond indirect spend management support into the realm of supply [chain] management beyond some of the “basics” (e.g., For example, can they manage n-tier supply risk (or at least supplier risk)? Can they optimize purchased inventory?

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. Warehousing: Warehousing involves the storage and management of inventory. It also involves inventory management, order fulfillment, and monitoring stock levels.

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The Complete Supply Chain Competency Framework 2025

Skill Dynamics

Core Competencies in the Supply Chain Framework Strategy Developing long-term plans that align your supply chain operations to your key operational goals will help your organization hone its competitive advantage and ensure that your product is always available to customers.