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I have gone through the Procurement Insights archive of 2,410 posts from 2007 to today to provide what I believe will be a unique context explaining the evolution of predictions over the past couple of decades. There are between 2 and 4 links covering the period 2007 to 2024.
Part 1 of 3) 2007 – Commonwealth of Virginia’s eVA – Yes Virginia! ” 2007 It is incredible how the core foundation for success was the same in 2007 as in 1998. There is more to e-procurement than software!
” Let’s travel back to 2007 and then ahead to 2024. If we replace the word ERP with Generative AI, would the 2007 predictions by CAPS, ISM, and Kearney be any different today than they were back then? Kearney Report, which was originally released in May 2007.
Around 2007, Hansen introduced “Dynamic Flux” and “Historic Flat Line” to describe distinct patterns in commodity pricing, drawing from his analysis of market data and case studies, like his work with the U.S. . office supplies). a 23% annual savings in a DoD case tied to understanding these dynamics.
Parts 4 and 6 of my 2007 Dangerous Supply Chain Myths series speak directly to the points you and Xavier Olivera are referencing, Michael Lamoureux. EDITOR’S NOTE: In today’s post, I share my following comment in a LinkedIn discussion stream regarding implementing AI, GenAI, and Agentic AI solutions in the procurement industry.
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
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. Check out the Procurement KPI Dashboard now!
EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. So, why am I reposting it today? I t was a very ambitious project with an equally ambitious outcome – driving 21st-century procurement.
The 2008 recession (also known as The Great Recession) lasted 18 months, from December 2007 to June 2009. From 2007 to 2008, the Real Median Household Income decreased by roughly 3.6%. One question at the forefront of many Americans’ minds is, “Will this be another 2008 recession?”. Notably, it left 8.7 from 2019 to 2020.
This year, I will be closing in on the 2,000th blog post on Procurement Insights dating back to May 2007. It is a pretty deep archive of the history of our industry – like counting the rings of an old tree. But we all know that quantity does not necessarily mean quality – or enduring relevance. So, do my writings stand the test of time?
CNG burns cleaner than diesel, reducing emissions and greenhouse gas output (Lowe, 2007). These tires offer less resistance as they roll, reducing the energy required to maintain movement (Lowe, 2007). 2007), The Transport Manager’s and Operator’s Handbook 2007, Kogan Page: London. Khare, M. & & K.J.
Between 2007 and 2011, André has occupied a series of executive functions, including VP Corporate Strategy. Between 2012 and 2015, André served as Senior Vice President for Wholesale, a business unit forces serving 700 telecommunications customers in 180 countries. Before joining Bell, André was a strategy consultant with A.T.
2007 – Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology The Emergence of theMetaprise Discussion Excerpt: “In August 2003, the new technology successfully went live in a production environment for the DND. Scottish Water 9bn procurement process could create 4,000 jobs – thetimes.co.uk
For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Analysts and research firms have all reached the same conclusion.
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!
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.
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.
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.
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!
.” 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.”
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.
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.”
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.
Founded in 2007, OJC Consulting is a long-standing Ivalua partner with teams and operations in the UK, France, Germany, Sweden, Switzerland as well as United States and Canada. Learn more at www.ivalua.com. Follow us at @Ivalua. About OJC Consulting.
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.
Shortly after launching the Procurement Insights blog in May 2007, I was contacted by Ariba, asking if I would like to interview them about their latest contract win in the Healthcare sector.
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 ).
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.
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.
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.
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.
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!
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!
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?
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.
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.
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.
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.
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.
TODAY’S TAKEAWAY Based on the Deloitte representative’s comments, the success of any ProcureTech initiative is more dependent on the practitioner than the solution provider.
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?
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.
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