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., Use Analytics Platforms: Develop skills in Tableau or Power BI to visualize procurement data. Explore Emerging Tech: Understand blockchain’s role in tracking and IoT for inventory management. SAP, Oracle) Procurement software (e.g.,

article thumbnail

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

SCMDOJO

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Through interactive modules, students can learn to use analytical software such as Excel, SQL, and specialized supply chain management tools.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Mathematical Optimization: Supply Chain Management by the Numbers

Supply Chain Brain

Bowman, SupplyChainBrain Watch: What’s in DOJ’s New Guidelines for FCPA Enforcement?

article thumbnail

Introduction to Supply Chain Data Analytics!

Supply Chain Game Changer

In an era driven by data, businesses are increasingly leveraging sophisticated analytics to optimize every facet of their supply chains. By harnessing comprehensive datasets from diverse sources, organizations can gain actionable insights into demand patterns, inventory dynamics, and logistical efficiencies.

article thumbnail

How Analytics Enhances Data-Driven Decision Making in Supply Chain Training!

Supply Chain Game Changer

Thanks to Big Data, the quantity and the clarity of insights available to operation managers improve the accuracy of forecasting demand and helps optimize inventory level. No longer are there hidden or unknown aspects of inventory, supplier performance or customer demands.

article thumbnail

Cost Performance Index (CPI): What is it and How to Calculate it?

SCMDOJO

Inventory Holding Costs vs. Stock Turnover Warehousing and inventory management involve costs related to storage, depreciation, and obsolescence. CPI can help track whether inventory costs are justified by the value generated through stock turnover. al, negotiating better rates , or consolidating shipments.

article thumbnail

How Artificial Intelligence Benefits Logistics and Supply Chain!

Supply Chain Game Changer

Better inventory management, intelligent manufacturing, flexible logistical systems, and real-time delivery controls have all been made possible by the use of artificial intelligence (AI) in the supply chain and logistics. AI in supply chain and logistics is primarily used to boost production and efficiency.