Purchasing & Supplier Analysis
Stratum gives you a clearer understanding of your purchasing and vendor performance. As a result, you’ll be armed with the information you need to …
- Minimize vendor risk
- Maximize your supplier relationships
- Manage material costs
- Leverage your supplier information to negotiate better contracts.
Relevant Supplier Analysis & Performance Management Articles
How to Successfully Onboard a New Business Intelligence & Reporting Solution
The right business intelligence and reporting software can significantly enhance business outcomes by giving decision makers greater visibility and insight into sales and o…4 Factors Fueling the Growth of Modern Data Hubs for Business Reporting
As the volume of data and requirements for gaining access to it continue to skyrocket, it is becoming vital for organizations to find ways to aggregate their business informati…Cascading KPIs To Drive Business Performance
The practice of “cascading” KPIs aligns strategic objectives with business unit targets and performance measurements to drive positive results. This involves linking high-level…Supporting S&OP with Stakeholder & Supply Chain KPIs
KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement a…How to Define a Performance Measurement Strategy
While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappl…5 Balanced Scorecards for Manufacturers
The balanced scorecard is a powerful tool for helping companies improve their performance. It provides a clear and concise way to measure progress towards strategic goals, and it helps…Improving S&OP with Forecasting Analytics & Business Intelligence
Sales and operations planning (S&OP) is a consensus-based communications process that provides insight and control over a company’s supply chain decisions. While a manufact…The Value of Linking KPIs with KRIs
In today’s post-COVID era, emerging risks will continue to impact many areas. Government, healthcare, and pharmaceuticals will likely maintain a focus on strengthening their pa…Using Analytics To Address Supply Chain Challenges
Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. Logistics disruptions, production delay…How Manufacturers Are Capitalizing On Sales Metrics & KPIs
In today's dynamic business environment, a well-designed sales analytics program can easily become a competitive advantage for manufacturers by allowing them to quickly adapt t…28 Procurement KPIs That Optimize Supplier & Buyer Performance
The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimiz…Why You Can't Be Successful with Your Sales & Operations Analysis Using Excel or Power BI Alone
There’s no doubt. Power BI is powerful. It’s highly visual. And on a self-service level, it packs a real punch in letting business analysts and other advanced users build simple …Supply Chain Dashboards - Key Metrics For Manufacturers
As I mentioned in my previous post, Sales Dashboards - 16 Metrics for Manufacturers,…Why a Modern Data Hub is Crucial for Visualization and Other Analytic Tools
There’s a lot of interest in data visualization tools like Power BI right now, and rightfully so. These products make it very easy for business analysts and others to create eye-cat…KPIs That Purchasing Executives Need
Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving …