Remove Course Remove Data Remove How To Remove Procurement Analytics
article thumbnail

3 Practical Metrics for Supplier Performance Evaluation

Logistics Bureau

Regardless of advances in business analytics therefore, I still advocate a measured approach to measurement (pun intended), by way of a carefully chosen handful of KPIs which are meaningful and actionable. Supplier Performance Metrics for Every Organisation. SEE ALSO: How to Address Chronic Poor Supplier Performance.

article thumbnail

How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy. Faster time to resolution for returned items. Increased speed in managing repairs.

Insiders

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

Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Concept of Predictive Analytics.

article thumbnail

How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

article thumbnail

Prove ROI and Make the Business Case for Industrial Content Marketing

Speaker: Achinta Mitra, Founder and President, Tiecas Inc.

It's the plight of an industrial marketer: over the course of a 12-18 month long buying cycle, you make contact with a whole host of influencers who read your content.who may or may not actually work in purchasing. Meanwhile, the purchase somehow takes place, and Sales claims all the glory. and win (or keep!)

article thumbnail

Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

So how can you be sure you’re getting the best freight rates possible? The answer is to benchmark your freight, of course. At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients.

article thumbnail

How To Overcome 10 Common E-commerce Shipping Fulfillment Issues

WorkWave

High Shipping Costs. Of course, customers prefer low shipping costs, but the charges have to be covered. Along with two-day shipping, Amazon uses advanced analytics to refine AS. If possible, the best way to avoid location issues is to procure multiple warehouses in targeted locations to best serve your consumer base.