The industry’s only collection of benchmarks is based entirely on hard data from real business spend transactions, with 20 community-powered KPIs for best-in-class performance across procurement, risk, invoicing, expenses, and payments. Source link
Most standalone transportation management systems are too limited to encapsulate the tiered complexity of an international, multi-segment supply chain, but technology that can integrate and converge transportation with other supply chain functions, such as order management, set the new industry standard. Source link
Forget the global supply chain snarls for a moment and consider another changing reality with inventory: the increasingly intricate flow of goods and inventory transactions involved inside today’s fulfillment centers. While warehouse management system (WMS) software solutions have long been responsible for inventory control in DCs, the complexity of inventory flows and inventory visibility in
I spoke today on the subject of Strategic Human Capital, and the importance of developing human resource planning for supply chains with Dan Finkenstadt at the NCMA World Congress. Much of the material was developed by Dr. Ian George, who has done significant work in assessing procurement skills and capabilities. As shown in the figure
The SCRC’s Supply Management Maturity Index was highlighted in a recent Wall Street Journal article, that identified the companies best prepared to weather the storm ahead in terms of supply chain disruptions. In this blog, I’ll explain a bit more about the rating criteria we used to assess firms. The assessments involved using a machine