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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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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., Coupa, Ariba) Data analytics tools (e.g., Resources: Online courses on strategic sourcing (e.g., Use Analytics Platforms: Develop skills in Tableau or Power BI to visualize procurement data. SAP, Oracle) Procurement software (e.g.,

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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

indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies. Inventory Holding Costs vs. Stock Turnover Warehousing and inventory management involve costs related to storage, depreciation, and obsolescence. The CPI calculation would be: CPI =100,000/120,000 = 0.83. A CPI of 0.83

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

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

Spend Matters

Categories: Solution Providers , Spend Management , Supply Management , Technology Tags: Coupa Inspire , EU , supply We are witnessing a pivotal change in the market for some of the big source-to-pay (S2P) suite players (like Coupa, SAP and their peers) as they move toward a broader platform and ecosystem approach.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.