SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What is the Cost Performance Index (CPI)?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Supply Chain Opz

SEPTEMBER 15, 2013

Theoretical Background No matter how complex your business environment is, there will always be the way to reduce the manufacturing costs. The simplest yet effective method is called "Value Analysis". Miles of General Electric developed the ground breaking technique that cut cost significantly. In 1947, Lawrence D.

supply chain budgeting 83

supply chain budgeting Supply Chain Optimization Supply chain Supply 83

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. appeared first on Supply Chain Game Changer™.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain Inventory Management supply chain budgeting 68

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting supply chain software solutions 52

Supply Chain Game Changer

FEBRUARY 6, 2020

Subscribe to Supply Chain Game Changer. The Agile Supply Chain! More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. The result is usually a reduction of costs and improvement in quality. Subscribe Here!

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain Inventory Management supply chain budgeting 66