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15 Supply Chain Metrics & KPIs You Need For A Successful Business

datapine

It’s the supply chains that are competing.” The supply chain is essentially the backbone of any business: a living ecosystem that ensures the smooth, efficient, and consistent delivery of a product or service from a supplier to a customer. What Are Supply Chain Metrics?

Metrics 260
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MRO spare parts optimization

IBM Big Data Hub

Finding the right balance becomes crucial for helping ensure the success of maintenance, repair and operations (MRO) initiatives, specifically the spare parts that support them. However, recent disruptions in the global supply chain, due to the pandemic and geo-specific issues, have caught many off guard. What’s at stake?

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Improving supply chain resiliency in the industrial sector

IBM Big Data Hub

The industrial sector is facing a perfect storm when it comes to their supply chains: an outdated reliance on manual processes, raw materials demand that will likely outpace supply, as well as potential resource constraints. Delays in repairs can often mean supply chain disruptions.

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A Beginner’s Guide To Inventory Metrics And Best Practices

datapine

That said, It’s extremely important setting up and tracking the inventory KPIs for your business is in order to evaluate and improve your performance. That said, It’s extremely important setting up and tracking the inventory KPIs for your business is in order to evaluate and improve your performance.

Metrics 286
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How to build a successful procurement strategy

IBM Big Data Hub

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

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18 Examples Of Big Data Analytics In Healthcare That Can Save People

datapine

In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help? Exclusive Bonus Content: Boost your healthcare business with big data! Big data has changed the way we manage, analyze, and leverage data across industries. What are the obstacles to its adoption?

Big Data 364
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Delivering on promise and purpose in the retail supply chain

IBM Big Data Hub

The good news is that sustainability and profitability go hand-in-hand, especially in the retail supply chain. Sustainably focused consumers aren’t just concerned with how a product came into the world, and their homes, they want assurances when it comes to a product’s sustainable end-of-life. Simple: communicate!