Procurement Insights

APRIL 8, 2025

MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. Complex, multi-tiered supply chains Superior (e.g.,

Supply Chain Optimization 69

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 69

Procurement Insights

APRIL 6, 2025

hundreds to low thousands) as globalization increased supply chain complexity. 20112015: Rising Professionalization Events like Gartner Supply Chain Symposium/Xpo and World Procurement Congress (nearing its 21st year by 2025) gained traction. ERP systems) and supply chain visibility needs. 2007 | 3 2008 | 3.2

Procurement 52

Procurement Supply Chain Optimization Supply chain Supply Chain Visibility 52

Procurement Insights

FEBRUARY 24, 2025

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supply chain optimization.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Import Procurement 52

SCMDOJO

JULY 18, 2024

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). Important Considerations: Factors like speed and trailer design influence the effectiveness of aerodynamic features.

Supply Chain Efficiency 105

Supply Chain Efficiency Cost of ownership Supply Chain Optimization Sustainable transportation 105

Procurement Insights

JUNE 3, 2024

Retailers must consider various factors, including cost, competition, and customer value, to optimize pricing and achieve business success. Here are a few examples of the breadth of the challenges in the retail world: 2007 – Double Marginalization and the Decentralized Supply Chain 2022 – Where’s The Beef!

Supply Chain Optimization 87

Supply Chain Optimization Price Supply chain Strategy 87

Procurement Insights

DECEMBER 26, 2023

For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. of the time.” ” Are Reverse Auctions Good or Bad?

Leadership 72

Leadership Supply Chain Optimization Inventory Procurement 72

Procurement Insights

FEBRUARY 22, 2025

This theory posits that seemingly unrelated data streams possess interconnected attributes, which, when identified, can collectively influence desired outcomes. Part 1) (September 12th, 2007) First Procurement Insights article on the Agent-Based Model – Is There a Poor Herbie Anywhere in the Oracle SCM Area? April 1st, 2008)

Chief Procurement Officer 83

Chief Procurement Officer supply chain software solutions Supply Chain Optimization Influencing 83