article thumbnail

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

SCMDOJO

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. A CPI of 0.83 Struggling to develop an appropriate procurement strategy?

article thumbnail

Using Lean to Manage Inventory!

Supply Chain Game Changer

Value Analysis (VA) can be used to reduce costs and retain quality. SCM #SupplyChain #inventory #logistics #procurement. Deming and Bill Smith respectively were reintroduced to US businesses. Lean inventory management uses the concepts of TQM and Six Sigma to eliminate. Infographic). The post Using Lean to Manage Inventory!

article thumbnail

Using Lean Management for Inventory!

Supply Chain Game Changer

Value Analysis (VA) can be used to reduce costs and retain quality. SCM #SupplyChain #inventory #logistics #procurement. Deming and Bill Smith respectively were reintroduced to US businesses. Lean inventory management uses the concepts of TQM and Six Sigma to eliminate. The post Using Lean Management for Inventory!