article thumbnail

Responding in real time to changing market dynamics

IBM Supply Chain Blog

These shifting dynamics bring about unexpected disruptions—like changes in levels of demand—impacting your ability to effectively manage your inventory, satisfy your customer needs, and ultimately your bottom line. For example, you could renegotiate a supply contract to keep business inventory costs low.

article thumbnail

6 Critical Supply Chain KPIs!

Supply Chain Game Changer

Product Management KPIs! In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Subscribe Here!

professionals

Sign Up for our Newsletter

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

article thumbnail

How to Choose the Right Last-Mile Delivery Technology for Your Business

Let's Talk Supply Chain

Will my deliveries reach my customers on time? How do I manage my fleet? Creating something from the ground up also needs time. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure. It’s a challenge that shippers and carriers worldwide are battling every day.

article thumbnail

Part Shortages? What is your Supply Line Strategy?

Supply Chain Game Changer

Have you experienced part shortages that gate your production schedule? They almost always happen within the standard lead time of the components you need. And very often they can stop production immediately. There was an official Corporate department called Supply Line Management. Living with shortages is not the answer.

article thumbnail

The 25 Hottest European Procurement Startups

Procurement Software

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

article thumbnail

Mastering Operations Strategy: A Guide to Streamlining Business Operations

Pipefy

This operations overview, or process visibility , can reveal common areas of waste and bottlenecks that cost companies millions in time and revenue each year. An operations strategy is a deliberate, company-wide plan that drives the production and distribution of goods and services.

article thumbnail

15 Best Purchasing Software Solutions for SMEs

Procurement Software

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. It gives you full visibility of your spend data, all in one place.