Procurement Insights

NOVEMBER 1, 2024

GenAI and Customer Experience This Is The Future Of Education Thanks To AI And More It is safe to say that AI in 2024 is as popular a term or buzzword as SaaS in 2005 and supplier diversity in 1995. Fun side project suggestion – enter the following phrase in ChatGPT: ProcureTech buzzwords 1995 to 2025.)

Suppliers 52

Suppliers Data 52

Procurement Insights

SEPTEMBER 10, 2024

” What percentage of procurement and sourcing solution implementations failed in 2005? “In 2005, approximately 50% to 70% of procurement and sourcing solution implementations failed.” Challenges like inadequate change management, poorly defined processes, and lack of data integration were common causes of failure.”

Sourcing 52

Sourcing Procurement Procurement solutions Change management 52

SCMDOJO

FEBRUARY 19, 2024

Adapted from Ehrlich (2002); Stamatis (2002); George (2003); Bendell (2006); Bhuiyan et.al, (2006); Andersson et.al, (2006); Arnheiter and Maleyeff (2005); Nonthaleerak (2005); Kumar (2007); Magnusson et.al, (2003) Read more on Top 15 Lean Six Sigma Books to Level Up Your Continuous Improvement Efforts & Strategy on our website SCMDOJO!

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 98

Supply Chain Brain

JANUARY 25, 2021

UPS Freight, created in 2005 when Atlanta-based United Parcel Service Inc. purchased the former Overnite Transportation, is being sold to TFI International Inc., the companies announced.

Purchasing 92

Purchasing 92

Procurement Insights

JULY 25, 2024

To access my article archives of any of these providers, type their name in the search box. Each has a unique journey. That being said, how do you measure or quantify success? 2001 Zycus India (U.S.)

Sourcing 52

Sourcing Supply chain Supply Procurement 52

Procurement Insights

OCTOBER 8, 2024

What are the Top 3 concerns for Chief Procurement Officers in 2005? In 2005, Chief Procurement Officers (CPOs) were grappling with challenges related to globalization, cost reduction, and operational efficiency. Many organizations were shifting procurement functions from a tactical, back-office role to a more strategic business driver.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

SCMR (Supply Chain Management Review)

DECEMBER 9, 2022

He is with OnProcess, a company that transforms supply chains that has been involved with the RLA since 2005.

Logistics 52

Logistics Supply chain Supply 52

Let's Talk Supply Chain

AUGUST 4, 2022

In 2005 I came across a book, Sense & Respond (The Journey to Customer Purpose) Creating and Leading Sense-And-Respond Organizations. Unilog is doing what I was hardly able to imagine back in 2005, yet I had a clear vision that it should combine people, process and technology.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility Supply chain 105

Procurement Insights

OCTOBER 6, 2023

However, and this is something that came through loud and clear in a 2005 keynote I delivered to 300 supplier-side auto industry executives, onboarding and tracking supplier performance is not the same as effectively engaging and utilizing suppliers.

Suppliers 52

Suppliers Buyers Procurement strategies Import 52

Procurement Insights

NOVEMBER 23, 2023

A 2005 Keynote About 20 years ago, I delivered a keynote to 300 executives from the Power Transmission Distributors Association (PTDA). Note that the date of the above report is 2022, not 2005, 2007, or 2013. So, why would the recent LinkedIn post be one of perception and not perspective?

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

Procurement Tactics

MARCH 20, 2023

For example, the devastating effects of hurricanes, Katrina and Rita in 2005 on the U.S. Weather Severe weather conditions such as hurricanes and tropical storms greatly affect natural gas production, supply, and prices. agriculture and energy sector caused a record-breaking natural gas weekly peak price of $14.49/MMBtu.

Price 187

Price Demand Influencing Sourcing 187

Procurement Insights

SEPTEMBER 27, 2023

“ As I wrote in a soon-to-be-published article, the date of the above report is 2022, not 1999, 2005, 2007 or 2013. We are talking about the digital transformation era and the emergence of AI.

Supply Chain Efficiency 72

Supply Chain Efficiency Sourcing Supply chain Data 72

The Good Spending

MAY 13, 2024

Politicians set the duration of the program at two years and nine months from April 2003 until December 2005. In June 2005, Fujitsu dropped IDX and replaced it with another American firm, Cerner, which has a software package for large acute hospitals called Millennium. Given the extent of the proposals, that was a ludicrous timetable.

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

Procurement Insights

SEPTEMBER 23, 2023

What is interesting about the statement or observation is that it was introduced in 2005, when spend data (it wasn’t quite “intelligence” back then), like purchasing itself, was seen as an ERP adjunct. Specifically, information regarding spend was culled from the static realms of a financial ERP.

Spend management 75

Spend management Management Innovation Data 75

Procurement Insights

APRIL 10, 2024

Question 1 Question 2 To digress, Bertrand’s statement that “discovery is making a comeback after years of reducing the supply base” brings a smile to my face because I have been writing about how vendor rationalization was a bad idea going back to 2005.

Procurement 85

Procurement Data Suppliers Import 85

Procurement Insights

JULY 5, 2024

Dangerous Supply Chain Myths (Part 7) – July 4th, 2007 Acres of Diamonds (An Early SaaS Savings Model) – September 2005 Are you chasing solutions or solving problems? Part 1 of 3) – October 23rd, 2023 I applaud the writers from Supply Chain Game Changer for reigniting interest in MRO.

Supply chain 52

Supply chain Contract Procurement Import 52

SCMDOJO

OCTOBER 4, 2023

What To Consider When selecting a fire shutter door installation, ensure that your new fire doors meet the Regulatory Reform (Fire Safety) Order 2005 and that any existing doors meet the latest standards and are routinely serviced.

Import 98

Import Risk Price 98

Procurement Insights

OCTOBER 13, 2024

While I will leave it to you to review the above links at your convenience, I want to share these closing thoughts with you: In 2005, a General in the Department of National Defence told me that, unlike any other procurement practice, lives could be at stake if the military supply chain isn’t operating efficiently or breaks down.

Supply Chain Efficiency 83

Supply Chain Efficiency Supply chain Procurement Import 83

Jaggaer

OCTOBER 30, 2024

EU ETS Requirements & Compliance Risks The European Union’s Emissions Trading System (EU ETS) is a market-based mechanism established in 2005 to reduce greenhouse gas emissions. It sets a cap on total emissions and allows companies to buy and sell emission allowances within that cap.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Suppliers Supply chain 52

Procurement Insights

JUNE 3, 2024

I remember the first webinar I did was in early 2005. Yet another webinar. Webex was the platform, and there were some initial challenges, such as getting through company firewalls. Not only was the drawbridge up but the entire castle was locked down, as many organizations were unfamiliar with the technology.

Supply Chain Optimization 87

Supply Chain Optimization Price Supply chain Strategy 87

Procurement Insights

AUGUST 9, 2024

and again on August 2nd in 2005 when they were the seller in Oracle’s purchase of Context Media, Inc. Oracle acquired the company in 2005 and, according to Scott Friend, the former CEO of ProfitLogic “When I was looking for a venture firm, Bain Capital Ventures provided unprecedented resources and access to top notch customers.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply chain Supply 52

SCMDOJO

AUGUST 10, 2024

Department for the Environment, Food and Rural Affairs (2005). Clements, M. The impact of e-commerce on logistics and transport. Journal of Business Logistics, 22(1), 71-91. Sustainable development: The UK’s contribution to the global response to climate change. London: The Stationery Office. Department for Transport (2003c).

Supply Chain Efficiency 98

Supply Chain Efficiency Logistics Strategy Supply Chain Optimization 98

Procurement Tactics

NOVEMBER 16, 2022

In 2005, Amazon announced Amazon Prime as a membership service offering free two-day shipping within the United States for all eligible purchases for an annual fee. He selected the name Amazon as it was exotic and a reference to his plan for the company’s size to reflect the Amazon river which is one of the largest rivers in the world.

Procurement 184

Procurement Inventory Suppliers Bidding 184

Supply Chain Trend

OCTOBER 11, 2022

The best application of CPFR I’ve encountered was in 2005, when working for a meat manufacturer that received point-of-sale (POS) data four times a day (10am, noon, 2pm, 4pm) from over 600 stores from the largest retailer in the Netherlands.

Data 88

Data Collaboration Supply chain Real-time Visibility 88

Procurement Insights

DECEMBER 28, 2023

Chakri Gottemukkala, Co-founder and CEO, o9 Solutions: [link] Outside of the missing years between January 2005 and August 2009, when he left i2 Technologies, where he was a Director, and started o9 Solutions, it is safe to say that Chakri has been around long enough to understand the points I am making.

supply chain software solutions 78

supply chain software solutions Supply Chain Optimization Supply chain Demand 78

Value Match

FEBRUARY 23, 2023

meters by 2100, relative to the average sea level between 1986 and 2005. However, based on current trends and projections , sea level rise is expected to continue throughout the next several decades leading to 2050 and the Intergovernmental Panel on Climate Change (IPCC) suggests that global sea levels will rise by 0.29

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Risk 52

Let's Talk Supply Chain

JULY 9, 2023

Mr. Bourke began his career with SEKO in 2005 after receiving his BA in Economics from the University of Wisconsin. He has appeared on CNBC, Bloomberg News and Yahoo Finance, and has been quoted in publications such as the Wall Street Journal, Financial Times, New York Times and Crain’s Chicago on global supply chain issues.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Supply Chain Opz

JUNE 7, 2013

More comprehensive approach can be found in the article " A conceptual model for the application of Six Sigma methodologies to supply chain improvement " by Knowles et al 2005. Another notable paper is " Supply chain management six sigma: a management innovation methodology at the Samsung Group " by Yang et al 2005.

Supply chain 90

Supply chain Supply chain management Supply chain management Supply 90

Supply Chain Opz

JUNE 17, 2013

Researcher has been preaching about the perils of a poor management of outsourcing for years. One of the earliest and most cited articles is called " The Seven Deadly Sins of Outsourcing " by Barthelemy 2003.

Supply chain management 61

Supply chain management Supply chain management Strategic sourcing Strategic sourcing 61

Una

MARCH 27, 2024

Don’t Get Duped by Supplier “Washing” Three Innovative Sustainable Packaging Stories The Importance of Cross-Functional Collaboration Get inspired by Subaru Did you know that nothing has gone to landfill at Subaru’s Indiana manufacturing facility since 2005?

Sustainability 52

Sustainability Innovation Suppliers Collaboration 52

Barkers Procurement

JULY 12, 2023

United Utilities for example have lowered their greenhouse gas emissions by 70% since 2005/6 and Anglian Water are on track to generate 45% of their energy from their own renewable sources by 2025. It is certainly true that many water companies have already put significant efforts into tackling climate change in recent years.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Contract Suppliers 52

Procurement Insights

MAY 25, 2024

Beroe was founded in 2005, 24 years after Mintec. The fact that they have been able to recognize and transition their wealth of historical knowledge to every new technology that has emerged during the past 40-plus years means that you are not only working with a mature provider but a progressively smarter one as well.

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40

Procurement Insights

DECEMBER 8, 2023

Industry studies for 2001-2005 indicate that 75-85% of all programs fail to achieve the promised results. But rather than focusing on new and emerging technologies, today’s procurement professionals seek insights into the actual processes that drive their enterprises.

supply chain software solutions 80

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 80

Supply Chain Opz

JANUARY 5, 2015

However, the majority of Lenovo''s supply chain case studies focus on the use of information system and the benefits of the acquisition of IBM’s PC business in 2005. Lenovo has been consistently ranked on the list of supply chain top 25 by research and advisory firm Gartner Inc for more than 4 years in a row.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 110

Jaggaer

JUNE 23, 2020

From 2005 to 2015, most companies expanded their portfolio with at least 25% of total revenue coming from Asia Pacific and emerging markets. The Journal of Translational Medicine indicates that the portfolio size of large pharmaceutical companies is also expanding, with top companies holding 150 to 200 drugs in development in 2016.

Networking 72

Networking Supply Chain Optimization Supply Supply chain 72

Supply Chain Trend

AUGUST 13, 2020

Kaplan & Norton (2005) observed that a fundamental disconnect between the formulation of their strategy and the implementation of that strategy is responsible for 60%-90% of failure rates in of strategy implementation. Deloitte Review, Issue 21 [link]. Hippold, Sarah, (2019). Kaplan, R.S & Norton, D.P. Kasparov, Garry.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

IBM Supply Chain Blog

FEBRUARY 8, 2024

Scripps Institution of Oceanography, June 21, 2005. June 22, 2023. 6 “Obituary notice: Climate science pioneer: Charles David Keeling.” ” (link resides outside ibm.com). 7 “ Thermal Equilibrium of the Atmosphere with a Given Distribution of Relative Humidity. ” (link resides outside ibm.com).

Sustainability 93

Sustainability Data Collaboration Sourcing 93