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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., Conduct Supplier Assessments: Regularly evaluate supplier performance using scorecards focused on quality, delivery, and cost. Workshops on negotiation and supplier relationship management.

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

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their supplierssuppliers—make up an organization’s multi-tier supply chain.

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

SCMDOJO

Enhancing Collaboration Capabilities Supply chain management is inherently collaborative, often requiring coordination between suppliers, manufacturers, distributors, and retailers. Effective communication and teamwork are essential for ensuring smooth operations and resolving conflicts that may arise.

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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. Measuring Supplier Performance CPI is a valuable metric in supplier evaluation , helping businesses analyze whether suppliers are delivering goods at the expected cost efficiency levels. A CPI of 0.83

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Top 10 Supply Chain YouTube Channels to Subscribe

SCMDOJO

This supply chain YouTube channel covers Supply Chain and Logistics topics with a passion running over 40+ years of industry experience. . 2) Supply Chain Analytics | 22k Subscribers. Professor Rajat Agrawal hosts the current videos on this supply chain YouTube channel. Subscribers.

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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. It encompasses activities such as procurement, supplier selection, and evaluation. Procurement: Procurement is the process of sourcing and acquiring the necessary raw materials, components, or finished goods from suppliers.