- 21. Is Omnichannel Making You Money?
- (News)
- Before a change is made, the most fundamental question a manager should ask is how the bottom line will be affected. As omnichannel consumers have forced all sort of changes to be made to supply chains, ...
- 22. Mind Your Data
- (Management)
- ... - an increase in its operating margin of more than 60%. OK that's 'operating margin' and not overall profitability. But what other kinds of measures could even be considered that could reduce expenses and ...
- 23. How's Your Trading Partner Meeting Working Out
- (Management)
- ... efficiency with regard to paper clips, if paper clips are only 1% of your over-all business, all your triumphs in that one dimension will barely nudge global profitability. To see clearly both the positive ...
- 24. Integrate Your Systems Now While Transaction Volume is Lower
- (Integration)
- ... can quickly eat into profitability. Which leads to the second problem with manual entry — delays. When volumes are low there is typically no dedicated staff member assigned to process transactions as ...
- 25. Supplier Relationships Matter
- (News)
- On the EPS site, Gina Roos reviews research by Planning Perspectives on supplier relationships. Although the survey was focused on the automotive industry, the findings are almost universally applicable.Good ...
- 26. Suppliers in the Chain
- (Supply)
- ... fair? It isn’t. Are some of the players on both sides unreasonable? Definitely. And are there real problems that stand in the way for both retailers and suppliers meeting their profitability goals? Absolutely. ...
- 27. Procurement Can Deliver Savings
- (News)
- What's the value in building a great procurement team? How about twice the cost savings as can be produced by a mediocre group? Those are the results published in a recent AT Kearney report.According to ...
- 28. The Importance of Integration
- (Integration)
- Integration is always a hot topic for the supply chain. It's a powerful tool to improve profitability by reducing costs. Like a lot of ideas, though, its effectiveness depends quite a bit on context. What ...
- 29. Hazards of Big Data
- (Technology)
- ... - an increase in its operating margin of more than 60%. OK that's 'operating margin' and not overall profitability. But what other kinds of measures could even be considered that could reduce expenses and ...
- 30. Really Using Pareto
- (News)
- The Pareto Principle, or the 80/20 rule as it's frequently called, is useful in many business situations. In a blog on the Supply Chain Digest site. Dr. Michael Watson discusses how it can be used in supply ...
- 31. Selling Procurement
- (News)
- In the ongoing quest to become more strategic, perhaps procurement can take some cues from the sales team. Defining and selling value is the key.Procurement can have a huge bottom-line impact, so that's ...
- 32. The Approaching Supply Chain Apocalypse
- (Supply)
- ... is an overstatement. All that being true, the need for uncomplicated and transparent status monitoring is important to the wellbeing of the supply chain and to the profitability of the participants. The ...
- 33. 3PL Rankings
- (News)
- The latest world-wide rankings for 3PL's are in, and only 2 American companies cracked the top 10. Some interesting information about market growth and profitability of different 3PL areas of focus is also ...
- 34. Procurement Leadership
- (News)
- Supply Chain Digest covers an IBM study that does its best to answer the question about how companies become procurement leaders in a recent article on the site.It's not simple, but some keys seem to be ...
- 35. Best Buy's Supply Chain Move
- (News)
- We like to see real-world examples of companies who benefit from doing things the right way. Although Best Buy hasn't exactly been tearing it up on the profitability side over the last couple years, they ...
- 36. Greening the Supply Chain
- (News)
- There are many reasons for businesses to implement sustainable supply chains. Although improved profitability is often one of them, there are others that are equally compelling.Julie Urlaub, on the Sustainable ...
- 37. Calculating the EDI Benefit
- (EDI)
- ... can effect profitability. In the case of the example given, 100 orders annually would quickly become beneficial, but what if we only receive 10 per year? That is when we have to break out our crystal ball ...
- 38. Sustainability Adds to Profitability
- (News)
- In another FastCompany site article, Ariel Schwartz analyzes how companies are using sustainability to not only improve the environment but to add to profits.There are 5 things that all companies leveraging ...
- 39. Sustainability in 2013
- (News)
- Supply chain sustainability will continue to grow in importance in 2013, according to a blog on the Kappa Search site. What used to be something many companies embraced only to comply with regulations ...
- 40. 'tis the Season... For Predictions
- (Management)
- ... issues caused by the earthquake and tsunami in Japan, caused serious supply problems and affected sales and profitability in many industries. With increasingly global and interconnected supply chains, ...
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