Procurement Insights

SEPTEMBER 15, 2023

Editor’s Note: Okay, I am a year early as the song talks about partying like it’s 1999, but when it comes to AI and procurement, 1998 is more applicable. In today’s post, I will tell you why in the following reprint of a post I wrote in 2010.

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

Procurement Insights

NOVEMBER 5, 2023

Without going into too much detail, businesses from lawyers’ and dentists’ offices to retail inventory management – including restaurants viewed technology as an extension of sound, innovative processes based on industry-specific experience and expertise. “ Why did the early Coupa guarantee results?

supply chain software solutions 61

supply chain software solutions Innovation Procurement Leadership 61

Procurify

AUGUST 11, 2022

Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations. Using effective spend management software can help you keep track of upcoming payments and revise your procurement process. Manage your inventory efficiently. So, what can you do to prepare for a recession?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Procurement Insights

NOVEMBER 17, 2023

The July 20, 2007, Wall Street Journal published an article titled, “A Key Strategy of Japan’s Car Makers Backfires,” which begins: For want of a piston ring costing $1.50, nearly 70 percent of Japan’s auto production has been temporarily paralyzed this week.

Real-time Visibility 53

Real-time Visibility Inventory Collaboration Supply chain 53

Supply Chain Game Changer

NOVEMBER 7, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. It’s kind of a wild west, and the most successful players being those who can harness Omnichannel distribution, and avoid excess inventory that will leave them in the dust. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

Supply chain 43

Supply chain Supply Inventory Price 43

Supply Chain Brain

JANUARY 15, 2018

Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008. Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels.

Consumer demands 40

Consumer demands Demand Inventory Risk 40

Supply Chain Trend

DECEMBER 13, 2016

Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. Based off Moore’s Law, systems processing speed will continue to double every 18 months.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

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. The Debate Continues – (Procurement Insights – Oct. of the time.”

Leadership 72

Leadership Supply Chain Optimization Inventory Procurement 72

Procurement Insights

APRIL 8, 2025

1999 – I introduced the Metaprise model (RAM) 2007 – In Dangerous Supply Chain Myths (Part7) , I write about the Metaprise in greater detail, including the results of its implementation in a production environment (Department of National Defence). Hansen ( 4 ).

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 52