Bill Schmarzo on Why Companies Need to Pivot from Data-Driven to Value-Driven
The Data Chief
00:00
How to Optimize on-Time Delivery
The key to optimizing supply chain is value, what drives the business or the particular function. So I might say optimizing inventory holding costs and making on-time info shipments for a CPG company critical. But it all comes back to these decisions across the different stakeholders. If we can improve vendor reliability and vendor quality and on time delivery and full loads by 5%, 2%, 10%, that translates down into real money.
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