Procurement Insights

FEBRUARY 25, 2024

Product Recalls Surge 11% in 2023 to Hit Seven-Year High,” I had not written a post about product recalls since August 2007. Barbie and Hot Wheels Revisited Before moving forward to 2024, let’s revisit the case study I cited in my 2007 article. Perhaps this explains why no one is writing about it.

Supply chain 87

Supply chain Import Supply Influencing 87

Procurement Insights

MAY 25, 2024

Part 1), Procurement Insights (September 12th, 2007) I wrote this blog’s first post on May 18th, 2007. A Commentary) (December 5th, 2007) Johnson & Johnson (ranked #5) – first post: Pharma Supply Chains (Part 1): A problem of focus versus avarice? – Yes, Virginia!

supply chain software solutions 81

supply chain software solutions Supply chain Supply Procurement 81

Procurement Insights

FEBRUARY 12, 2024

Part 1) (September 12th, 2007) To be clear, a Practitioner-Authored Case Study does not mean that it has been written by a practitioner – although it can be. 2007 – Commonwealth of Virginia’s eVA – Yes, Virginia! The 75 to 85% e-procurement initiative failure rate gives testimony to this fact.”

supply chain software solutions 75

supply chain software solutions Procurement Collaboration Supply chain 75

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 91

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 91

Procurement Insights

MAY 20, 2024

Here is an example of true “success tracking:” September 12th, 2007 – [link] (first Virginia post) April 4th, 2014 – [link] ( Forrester Wave Report on eVA) May 14th, 2024 – [link] Between 2007 and 2024, I tracked Virginia through several new Governors and senior staff changes internally.

Data 81

Data Procurement 81

Spend Matters

FEBRUARY 12, 2024

Supply Risk Solutions (SRS) was founded in 2007 to address these issues for the semiconductor and healthcare industries. Imagine relying on a single supplier for a critical component — if they face a problem, it could jeopardize your entire production process. It tracks geopolitical risk, natural disaster risk and financial risk.

Risk management 99

Risk management Risk Suppliers Management 99

Procurement Insights

JANUARY 3, 2024

However, my 2007 series, Dangerous Supply Chain Myths, has stood the test of time. Here are my thoughts. I know I will sound like a broken record here, Mathew Schulz.

Supply Chain Efficiency 72

Supply Chain Efficiency Purchasing Procurement Supply chain 72

Procurement Insights

OCTOBER 18, 2024

.” A cycle in which solution providers were given little choice but to proclaim “we are now a GenAI company” in much the same way that Ariba claimed that it was an “on-demand company” in 2007 in one of this blog’s most read posts “ The Ariba Interviews.”

Management 78

Management Demand Strategy Procurement 78

ivalua

APRIL 2, 2019

Established in 2007, Consus is a leading Procurement services provider and procurement systems integrator, operating across 9 countries. “Ivalua is proud to provide the technology to empower Procurement leaders at Pacific Drilling and hundreds of other global companies to deliver ever greater value to their organizations.”. About Consus.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

ivalua

APRIL 1, 2020

Established in 2007, Consus is a leading procurement services provider operating across 9 countries. With a highly demanding timeline of 5 weeks, we believed that only a true partnership and strong leadership across Intalere, Ivalua and Consus was the key difference-maker in the success of this project.”. About Consus.

Contract 147

Contract Sourcing Supply Chain Efficiency Supply chain 147

Procurement Insights

MARCH 1, 2024

In 2007 , I wrote the following in Part 7 of my Dangerous Supply Chain Myths Series: In short, a Metaprise is a synchronized versus sequential architecture (private hub) that simultaneously links or incorporates the unique operating attributes of all transactional stakeholders on a real-world, real-time basis.

Procurement 87

Procurement Supply Chain Efficiency Buyers Quality 87

Procurement Insights

DECEMBER 28, 2023

For that answer, let’s go back to a 2007 post in this blog titled “Yes, Virginia! Revisiting the 2007 Cisco Post in 2023)” to see if my Virginia eVA review stood the test of time. My answer has always been the same – always try to choose successful clients. There is more to e-procurement than software!

supply chain software solutions 78

supply chain software solutions Supply Chain Optimization Supply chain Demand 78

Procurement Insights

JULY 9, 2022

The post, which garnered almost 93,000 views, stimulated one of the more interesting and energetic dialogues with which I have been involved since joining LinkedIn in 2007. (Question after reading Boston Consulting Group (BCG) post shared by Lance Younger ).

Budget 84

Budget Collaboration Contract Innovation 84

Procurement Insights

FEBRUARY 17, 2024

FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” 2007 – Commonwealth of Virginia ’s eVA – Yes, Virginia! There is more to e-procurement than software!

supply chain software solutions 72

supply chain software solutions Supply Contract management Supply chain 72

ivalua

APRIL 1, 2020

Established in 2007, Consus is a leading procurement services provider operating across 9 countries. With a highly demanding timeline of 5 weeks, we believed that only a true partnership and strong leadership across Intalere, Ivalua and Consus was the key difference-maker in the success of this project.”. About Consus.

Contract 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Procurement Insights

APRIL 13, 2024

On April 23rd, Vineet Khanna , the former Global Head of Supply Chain at Nestlé , will share his roadmap to Supply Chain Orchestration Success. In the meantime, these are my thoughts; please share yours.

Supply chain 69

Supply chain Supply Purchasing Supply chain management 69

Procurement Insights

MAY 27, 2024

For those following this blog since 2007, the above text will likely tweak a few recalls of the much-repeated words I used to describe how I developed my company’s platform in the late 1990s – early 2000s. Businesses must take an outside-in-network view and together serve the end consumer.

Real-time Visibility 81

Real-time Visibility supply chain software solutions Supply Chain Efficiency e2e 81

Procurement Insights

DECEMBER 27, 2023

My Response R.Gökhan Hüner , you provide great insights that immediately reminded me of the following excerpt from an article I wrote in 2007 – [link] “Unfortunately, most purchasing departments “inherit” their software as an adjunct downstream byproduct of either an original finance or IT-centric initiative.

Procurement 84

Procurement supply chain software solutions Purchasing Sourcing 84

Procurement Insights

SEPTEMBER 2, 2024

Answer today’s question, then read these two Procurement Insights posts: Dangerous Supply Chain Myths (Part 7) | Procurement Insights (July 4th, 2007) Are you chasing solutions or solving problems? Part 1 of 3) (October 23rd, 2023) Now, answer the question again? Did your answer change? Mine didn’t. 30 Weird Science?

Data 52

Data Procurement Supply chain Supply 52

Procurement Insights

NOVEMBER 4, 2024

It is this latter “twist,” if you can call it, that has enabled the optimization process to extend beyond the limitations of execution boundaries referred to in a May 2007 article that appeared in Supply Chain Digest titled Supply Chain Optimization versus Simulation. I hope this helps. Reference Links: [link] 30

Supply Chain Optimization 59

Supply Chain Optimization supply chain software solutions Supply chain Data 59

Procurement Insights

SEPTEMBER 28, 2023

Great article , Elvire Regnier ! Governance is THE key to cluster development and the globalized supply base.

Supply 69

Supply Networking Procurement Buyers 69

Procurement Insights

DECEMBER 15, 2023

As one of the first procurement industry bloggers, if you told me on May 18th, 2007, that in December 2023, I would still be penning my thoughts on the Procurement Insights blog, I probably would not have believed you. Here Here is the link to my very first post: Welcome to Procurement Insights.

Supply chain 81

Supply chain Procurement Purchasing Risk 81

Procurement Insights

NOVEMBER 26, 2024

Below is Part 6 of the 7-Part Dangerous Supply Chain Myths series , where I provide an extensive breakdown of the ISM, CAPS, and AT Kearney report originally released in May 2007. What is the old saying about big ships turning slowly?

Procurement 80

Procurement supply chain software solutions Supply Chain Efficiency Supply chain 80

ivalua

APRIL 2, 2019

Established in 2007, Consus is a leading Procurement services provider and procurement systems integrator, operating across 9 countries. “Ivalua is proud to provide the technology to empower Procurement leaders at Pacific Drilling and hundreds of other global companies to deliver ever greater value to their organizations.”. About Consus.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Supply Chain Opz

MAY 25, 2013

Larson et al 2007 indicated that, based on a literature review, there are 4 types of interaction as below, Reproduced from Larson et al 2007. (1) This implies that the army relied on "replenishment progress (process). 4) Relationship Between 2 Terms. The difference between 2 terms has been very confusing for practitioners.

Logistics 99

Logistics Supply chain Supply Supply chain management 99

Supply Chain Game Changer

SEPTEMBER 23, 2022

It was started in 2007 and is managed by the U.S. With the current waiver, all payments for federal student loans after October 1, 2007, count under the qualifications. About The Public Service Loan Forgiveness Program (PSLF). Department of Education. The only needed criteria – is qualifying employment. Submit an Application.

Supply chain 93

Supply chain Supply Management Sourcing 93

Procurement Insights

SEPTEMBER 30, 2023

May 2007 – The high (and continuing) rate of e-procurement initiative failures – studies indicate that 75 to 85% of all initiatives exceed budgetary expectations but fall far short of projected savings. What are the common denominators? How can you scale digital adoption and transformation success?

Buyers 72

Buyers Procurement team Quality Contract 72

Procurement Insights

OCTOBER 17, 2023

2007) The Mendocino Project: A Brilliant Strategy by Microsoft and SAP to Sidestep Anti-Trust Legislation? 2007) 30 So, I will share the first two posts with you and suggest that you, once again, avail yourself of the blog’s “Search” feature. Microsoft Acquires SAP? (A A Commentary) (Dec.

Category management 75

Category management Sourcing Procurement Management 75

Procurement Insights

OCTOBER 27, 2023

2007 article on the CPO Agenda Roundtable Meeting, I reported the following – [link] “As a result, there is going to be a continuing need for what was referred to as “low-level” buyers. Of course, the “value creation” concept predates AI.

Contract 75

Contract Procurement Buyers Purchasing 75

Procurement Insights

OCTOBER 30, 2024

One Final Note I forgot to mention that the above text is an excerpt from a Procurement Insights article I posted on August 1st, 2007. And this brings us back to why 75 to 85% of all e-procurement initiatives fail. When it comes to talent and technology, have we really made any progress heading into 2025?

Leadership 75

Leadership supply chain budgeting Purchasing Budget 75

Procurement Insights

OCTOBER 4, 2023

(In fact, it’s the lack of Big Data leading to so many failures … but that’s a different rant …)” – Michael Lamoureux, LinkedIn (September 2023) Michael Lamoureux , your post reminded me of a 2007 post on Double Marginalization.

Data 64

Data Buyers Price Management 64

Procurement Insights

AUGUST 16, 2024

2007 – [link] “Process understanding starts and ends with the premise of centralized visibility and departmental empowerment. “It EDITOR’S NOTE: The following is my response to Laura Barrett’s very good post about SRM and centralization versus decentralization. To start, here is an excerpt of a post I wrote in Sept.

Procurement 52

Procurement Supply Chain Efficiency Management Supply chain 52

Procurement Insights

AUGUST 4, 2024

Why is tail spend misunderstood?

Management 52

Management Purchasing Supply chain Supply 52

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

Procurement Insights

MARCH 10, 2023

Here is the link to my first Procurement Insights post on May 18th, 2007: [link] Are the observations still relevant today? What was the topic of your very first blog post? share the link in the comments). Can you name the service provider – one of the first sponsors of my blog, started by Dave Stephens , that is now an industry giant?

Procurement 45

Procurement supply chain software solutions Supply chain Supply 45

Supply Chain Game Changer

NOVEMBER 10, 2022

2007 saw the establishment of the UK Gambling Commission (UKGC). Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Casino Secrets: How Not to Go Broke! Over the years, many things have changed. Since that time, the regulatory organization has been in charge of overseeing the whole gambling sector in the UK.

supply chain software solutions 86

supply chain software solutions Supply chain Supply Data 86

SCMDOJO

SEPTEMBER 4, 2023

They can save corporate capital on expenses and give customers much speedier services due to their connections and incentives (Li, 2007). Yet, the 4PL emerged originally from 3PL, however it covers and includes the tangibles and intangibles of human resources, technological advancements as well as intellectual capital. (Li, 2020, 03 02).

Logistics 98

Logistics Supply Chain Efficiency Supply Chain Optimization Negotiation 98