article thumbnail

10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

article thumbnail

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.

professionals

Sign Up for our Newsletter

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

article thumbnail

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., Detailed strategies for improving procurement skills Improving procurement skills involves a mix of education, practice, mentorship, and exposure to new tools and methodologies. SAP, Oracle) Procurement software (e.g., PMI-RMP, ISO 31000).

article thumbnail

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

SCMDOJO

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

article thumbnail

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. Struggling to develop an appropriate procurement strategy? Check out SCMDOJO’s procurement strategy template. Future research and case studies can further validate CPI’s role in supply chain decision-making.

article thumbnail

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

Jaggaer

Another benefit is more resilient supply chains that can profitably weather disruptions when the best-laid plans are interrupted. Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage.