APQC

Contact

https://www.apqc.org

S Ttock Artificial Intelligence

6 Skills for AI-Ready Supply Chain Professionals

Here are six new skills that supply chain employees need to develop or enhance as the result of AI adoption.

Continuous Global Risk Monitoring for Supply Chain Disruptions

Organizations that lack these systems completely will only be able to react to disruptions once they have occurred, and even those with systems that provide basic monitoring (but no information on impact) may lose valuable response time.

Pexels Brainstorming

3 Practices for Better Category Management

Mature category management can lead to improved negotiation capabilities because it provides greater visibility into spend across suppliers.

Note: The total does not equal 100% due to rounding. The percentages represent median values.

Supplier Management Needs More Time and Attention

In the face of disruption—whether from a global pandemic, raw materials shortages, congested ports or something else—your supplier’s success or failure can determine your own.

Adobe Stock 321471783 (1)

Leverage Package Tracking to Improve Logistics Performance

The most common package tracking method is currently RFID, followed by IoT sensors; few organizations are currently using blockchain for package tracking.

Pexels Alexander Isreb From Pexels Inventory Mgmt Warehouse

Think Holistically for More Cost-Effective Warehousing

To lower costs in a sustainable and impactful way, you’ll want to develop a multi-pronged solution that addresses people, process, technology and the physical environment of the warehouse.

Stock Work Photo

Survey: More Than 80% Believe Their Organizations are Ready for the “New Normal”

The Top 3 skills needed in our new environment according to respondents are flexibility (52%), innovation (40%) and change management (37%).

Metric of the Month

Cost of Warehouse Systems per $100,000 US Revenue:

Metric of the Month

Metric of the Month

Fill out the form below to request more information about APQC

S Ttock Artificial Intelligence

6 Skills for AI-Ready Supply Chain Professionals

Here are six new skills that supply chain employees need to develop or enhance as the result of AI adoption.

Destina

Continuous Global Risk Monitoring for Supply Chain Disruptions

Organizations that lack these systems completely will only be able to react to disruptions once they have occurred, and even those with systems that provide basic monitoring (but no information on impact) may lose valuable response time.

Pexels Brainstorming

3 Practices for Better Category Management

Mature category management can lead to improved negotiation capabilities because it provides greater visibility into spend across suppliers.

Note: The total does not equal 100% due to rounding. The percentages represent median values.

Supplier Management Needs More Time and Attention

In the face of disruption—whether from a global pandemic, raw materials shortages, congested ports or something else—your supplier’s success or failure can determine your own.

Adobe Stock 321471783 (1)

Leverage Package Tracking to Improve Logistics Performance

The most common package tracking method is currently RFID, followed by IoT sensors; few organizations are currently using blockchain for package tracking.

Pexels Alexander Isreb From Pexels Inventory Mgmt Warehouse

Think Holistically for More Cost-Effective Warehousing

To lower costs in a sustainable and impactful way, you’ll want to develop a multi-pronged solution that addresses people, process, technology and the physical environment of the warehouse.

Pexels Students At Table

Workplace Mentoring is a Proven Practice in Supply Chain

Mentors can help send a powerful message to supply chain employees that whatever challenges they are facing, others have gone before them and have come out the other side successfully.

According to APQC’s Open Standards Benchmarking data in supply chain planning, less than half of organizations support an omnichannel commerce strategy to a significant or very great extent.

Develop Supply Chain Maturity to Support Omnichannel Commerce Strategies

As organizations focus on supply chain responsiveness, omnichannel support is a key strategic concern.

Pexels Brainstorming

How to Improve First-Pass Quality Yield in Manufacturing

Achieving top-tier performance for finished-product first-pass quality yield for primary products takes careful planning, good supplier relationship management, well-documented processes and investments in the right technology.

Stock Predictive Analytics

Robotic Process Automation for Procurement

RPA technology improves procurement efficiency for the organizations that invest in optimizing it.

Apqc Perfect Condition Rate

A Focus on Perfect Condition Rate Helps Drive Quality

There are plenty of steps a company can take to bring its perfect condition rate up, including collaborative work with suppliers, standardized packaging processes at warehouses and automation to reduce the opportunity for human error and track orders.

The extent of consideration of environmental factors in sourcing decisions.

Consider Environmental Factors in Sourcing Decisions

To survive and thrive, leading companies are thinking more broadly by considering strategic factors in sourcing decisions and continuing to invest in deeper supplier relationships.

Prostock Studio Welcoming New Employees

SCN Summit Workforce Development Presentations Now On-Demand

Industry experts shared insights into how to hire, train and speak to today’s youth, how to “sell” the supply chain industry and what it takes to keep younger employees engaged in the latest SCN Summit, which took place Oct 27.

Scn Summit 10 27 All Speakers

Industry Experts Discuss Workforce Development in Oct. 27 SCN Summit

Find out how to hire, train and speak to today’s youth, how to “sell” the supply chain and industry and what it takes to keep younger employees engaged.

Mom9

Metric of the Month: Reducing Warranty Costs as a Percentage of Sales

Through analyzing its Open Standards Benchmarking database, APQC found that bottom performers are at a massive disadvantage on this measure, with warranty costs five times higher than top performers.

Pexels Andrew Neel 2312369

Metric of the Month: Spend Your Time Wisely in Sourcing to Build a Strong Supply Chain

COVID-19 has highlighted the importance of suppliers to the success of the entire supply chain.

Rosebox B Fd S Cxmqv Yc Unsplash (1)

Unfulfilled Sales Line Order Items: Causes and Solutions

Are you able to fulfill your customers’ orders with what they want when they want it? What will the impact to your company be if you cannot?

Stock Work Photo

Survey: More Than 80% Believe Their Organizations are Ready for the “New Normal”

The Top 3 skills needed in our new environment according to respondents are flexibility (52%), innovation (40%) and change management (37%).

Glenn Carstens Peters Npx X Wg Q33 Zq Unsplash

Touchless Order Performance

When a customer places an order with your company, how many hands touch that order as it moves through the order-to-cash value chain?

Apple Coffee Computer Desk 356056

Metric of the Month: Examining Finished Goods Inventory Turns

With supply chains (and the global economy more broadly) upended by COVID-19 in the first quarter of 2020, carefully managing inventory turnover, including understanding the benefits and risks, is vital. It has also become more difficult than ever.

Blank Business Composition Computer 373076

Closing the Skills Gap in Procurement Part 2: The Solution

With credentialing often falling short of expectations and few universities offering degrees in procurement or sourcing, organizations will need to develop the next generation of procurement talent in-house.

Ballpen Blur Close Up Computer 461077

Closing the Skills Gap in Procurement Part 1: The Problem

The ongoing disruption caused by COVID-19 is only one example of how interconnected and volatile markets are accelerating focus on the function.

Mom

Net Promoter Score in Procurement

NPS can be a very effective tool for measuring internal procurement stakeholder loyalty and can help keep supplier relationships healthy as well.

Mom17

Mitigating Expedited Costs in Logistics

In this article, we break down what organizations spend on expediting orders and focus on strategies that can help keep expedited logistics costs under control.