Performance management is a topic we often discuss, especially in the context of KPIs. But is performance management really all about KPIs? Trent explained that while many organizations set KPIs at targets like 98%, what they’re really paying for—and should aim for—is 100%.
How many suppliers should you involve in your logistics outsourcing tender? Logistics outsourcing requires a structured process to ensure success. One common question is how many suppliers to involve in the tender process. Whether it’s called a Request for Tender (RFT), Request for Proposal (RFP), or Request for Quotation (RFQ), the goal is the same: to gather qualified bids for services like warehousing and distribution…
Supplier Relationship Management is vital, but many organizations still fall short in getting it right. What are the common pitfalls in SRM? Without proper attention relationships can falter after the initial stages. Many businesses only focus on meeting KPIs, but this approach limits potential. Suppliers often have expertise and innovation to offer, and SRM provides the framework to tap into these advantages…
Finding the right 3PL provider is often a struggle for businesses, especially when outsourcing warehousing or transportation services. Companies frequently make mistakes during this process, which can lead to poor decisions and costly outcomes. To ensure success, it’s important to approach this process as an informed buyer and avoid relying on outdated methods, like using Yellow Pages…
Effective supply chains start with understanding demand. Is the organization using advanced tools, or are they relying on spreadsheets? Forecasting accuracy is vital but challenging, especially in industries with fluctuating or seasonal demand. A robust demand planning system can make all the difference in ensuring smooth operations…
Here are our 12 S&OP (Sales & Operations Planning) must-haves. What else would you add?…
Is Sales and Operations Planning post-COVID different to pre-COVID, and if so, why, and how?…
How to identify and fix your profit leaks? Here’s a real-life example…
Thinking of a career in Supply Chain? Are you suited to it? Watch this episode…
All Supply Chain leak profits. Some really badly! And most organizations don’t know how bad those profit leaks are…