How to Leverage Your Existing Data to Improve Supply Chain Performance

Episode I:Raw materials lead time and the “workaround” economy Companies, both large and small, invest in software programs to automate, simplify, and facilitate standard practices within their supply chains. Successful implementations require extra focus on ‘scrubbing’ the data used to set the initial system parameters because, as we all know, “garbage in equals garbage out.” […]

What Performance Management Is In Supply Chain and Two Ways It Can Help Achieve Business Objectives

Within a workplace, understanding the value and importance of performance management is key for a company to meet its business objectives and goals. Managers who understand what performance management is and how they can effectively implement it possess a competitive advantage. This is because effective performance management helps businesses ensure that they are getting the […]

What Logistics Is

To define logistics requires you to understand that it is really only one integral part of supply chain management. Logistics is the process of transporting goods through each stage of the supply chain into the hands of the customer. However, logistics management is not as simple as scheduling trucks to pick up and deliver goods […]

The Top 6 Supply Chain KPIs

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. In sports and athletics, simply observing athletes perform can tell us if they’re good enough, but we use statistics to measure their performance. Players […]