APQC

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https://www.apqc.org

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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

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.

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.

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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.

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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?

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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?

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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.

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Future Skills Needed in Procurement/Supply Chain

October 27, 2020

Marisa Brown, senior principal research lead for supply chain management for APQC, will identify the skills future procurement professionals need by category and provide guidance for how organizations can close the gaps.

Fill out the form below to request more information about APQC

Getty Images 912338074 Business Plan

Future Skills Needed in Procurement/Supply Chain

October 27, 2020

Marisa Brown, senior principal research lead for supply chain management for APQC, will identify the skills future procurement professionals need by category and provide guidance for how organizations can close the gaps.

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.

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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.

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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.

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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.

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Metric of the Month: Trends in Structuring Supply Chain Analytics

Faced with vast and ever-growing amounts of data, the number of supply chain leaders that actively turn to analytics for decision making support is growing.

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10 Important Skills for Future-Ready Procurement Professionals

While no one can know what the future will bring, individuals who actively invest in building their skills in these key areas will be well-prepared come what may.

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Metric of the Month: 5 Essential Design Principles for Building Strategic Supplier Relationships

The business battles of this century will be won by harnessing the power of suppliers.

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Metric of the Month: Digital Manufacturing and the Use of the Internet of Things

The future of work is increasingly digital, and nowhere is that more evident than in manufacturing.

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Metric of the Month: Benchmarking the Number of Employees in Procurement

Given the critical role procurement plays in an organization, it’s important to keep an eye on the total number of full-time equivalent employees.

Percentage of Total Purchases Procured via Maverick Buying (Figure 1)

Metric of the Month: Maverick Purchasing Means Slower, More Costly Purchases

Maverick purchasing is not the time or cost saver that some people think it is, according to the latest APQC benchmarking data.

Total cost to perform the process group 'manage logistics and warehousing'' per $1,000 revenue

Metric of the Month: Total Cost to Manage Logistics and Warehousing Per $1,000 Revenue

Cost is the most traditional measure of process performance.

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Metric of the Month: How Top Performers Improve Forecast Accuracy in Supply Chain Planning

If forecast accuracy can improve these results, the question then becomes, “How?” Or better yet, what do top performing organizations do differently from others?

Number of Purchase Orders Processed per Procurement FTE (Figure 1)

Number of Purchase Orders Processed Per Procurement FTE

Staff productivity is an important factor in determining the performance of procurement.

Figure 2: Total Cost to Perform the Process Group “Plan for and Align Supply Chain Resources” per $1,000 Revenue

METRIC OF THE MONTH: Total Cost of Supply Chain Planning

Supply chain planning begins with a solid understanding of organizational and business strategy and then translating that strategy into the full spectrum of supply chain planning activities.

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Metric of the Month: Communities of Practice Accelerate Global Collaboration and Learning Across the Supply Chain

APQC offers six tips to involve global players in supply chain communities and ensure all parties feel like valued participants.

Total Cost to Perform the Process “Order Materials and Services” per $1,000 Revenue (Figure 1)

Metric of the Month: Total Cost to Order Materials and Services

A key performance indicator for the procurement process.