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). Below are some key areas where CPI can improve supply chain efficiency: 1. A CPI of 0.83
Procurement Insights
MAY 1, 2025
Cost Management: By analyzing long-term pricing and spend trends, organizations can make more informed sourcing decisions, avoid overpaying, and optimize contract negotiations. Impact on Cost-to-Value Analysis Value Multiple Increase: With this unique archive, Procurement Insights value multiple would rise further (e.g.,
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Supply Chain Opz
SEPTEMBER 15, 2013
The simplest yet effective method is called "Value Analysis". He found that the main engine is always optimized for the highest performance and equipped with high-tech gadgets which makes it very expensive. Due to material shortages during World War II, companies needed to find the alternative materials on a regular basis.
Supply Chain Game Changer
NOVEMBER 22, 2018
Check out A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. Value Analysis (VA) can be used to reduce costs and retain quality.
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.
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.
Supply Chain Game Changer
NOVEMBER 24, 2018
Check out What Exactly Is Supply Chain Management? Supply Chain Opz characterizes Purchasing as such: “ Purchasing refers to the process by which a company contracts with third parties to obtain goods and services required to fulfill its business objectives in the most timely and cost-effective manner” [link].
Expert insights. Personalized for you.
52 
Let's personalize your content