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Supply Chain Analytics conference – Overview Day 2

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Day2

The Supply Chain Analytics conference, organized by Marcus Evens in the 3-5 June period, included one day of workshops and another 2 days of business experts’ presentation delivery. The conference gathered Supply Chain professionals from all industries, from optic fiber networking organizations, such as ADVA, to precious stones manufacturer and retailer, Swarovski.

Three customer centric strategies worth considering

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CustomerCentered

As much as we may like to have all the answers right, there still are the inevitable instances in which we don’t. That is why we sometimes need to do a little research in order to understand what we did wrong. Various implementation models of performance management systems worldwide do not make our job of getting the right answers less difficult. However, it is through research that we can benchmark our practices to those of our peers and, ultimately, discover the limitations behind our rationale.

Increasing profits by implementing best practices in the procurement cycle

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Supplier

The procurement cycle comprises key steps that a company should make in order to obtain products or services. Management should understand that this process is becoming more of an art instead of an automated process. It is the road to success for responsible management, when handling public or corporate funds. It starts from identifying the correct needs of the company, to the final step of granting the product, or contract, to a certain supplier, all these, ultimately leading to increased profits.

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