The Pumpkin Spice Supply Chain Is Anything But #Basic
The pandemonium over pumpkin spice best demonstrates how seasonal trends and seasonality impact the supply chain.
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Lead Time: Definition, Examples, and Formula
Minimizing lead time is crucial because it streamlines operations and improves productivity, maximizing both output and revenue.
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Order Cycle Time: Definition, Formula, and Improvement
It is an important key performance indicator (KPI) because longer order cycle times have negatively impacted businesses’ ability to attract and retain customers.
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Essential Procurement KPIs You Can't Ignore
KPIs provide teams with quantifiable metrics that enable them to control aspects of the purchasing process, such as cost, time, quality, and sourcing. Here are 7 essential procurement KPIs for maximizing your team's success.
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How the U.S. Protects Its National Defense Supply Chain
The United States government has taken several proactive steps to enhance the resilience and agility of the national defense supply chain.
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$20 Billion Company Says “We Make Perfect Decisions Based on Imperfect Information”
The company’s supply chain service offerings include inventory management, engineering support, quality control, kitting and assembly, industrial vending, 3D printing, third-party logistics (3PL), and SafetyCheck programs.
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What is an Emergency Purchase Ratio, and Why Is It Important?
We’ll explore the role of EPR in procurement planning, the emergency purchase ratio formula, emergency purchase ratio examples, the benefits of improving your emergency purchase ratio, and how organizations can reduce their EPRs.
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What the Lipstick Effect Can Teach Us About Supply Chains
Americans are still spending money, especially on beauty products, amid economic crisis and rising inflation.
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Avoid the Whiplash: How the Bullwhip Effect Could Impact Your Supply Chain
Projection inaccuracies can be extremely detrimental to your supply chain.
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Avoid These 2 Threats to Your Aerospace Supply Chain
Keeping them out of your supply chain is an ongoing process.
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