Remove 2007 Remove Management Remove Supply Chain Optimization
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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

Network Member Question Aside from the basics of spend analysis and eliminating redundancy, Im curious to hear of others experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy.

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Why is an agent-based model within a metaprise framework better for procurement than an equation-based Intake and orchestration model?

Procurement Insights

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.,

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The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

It evolved from material requirements planning (MRP) and later manufacturing resource planning (MRP II), which were already being used in manufacturing industries to manage production and inventory. PeopleSoft itself had recently acquired JD Edwards, a mid-market ERP provider specializing in manufacturing and supply chain solutions.

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Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

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The Links Between Agentic AI, Strand Commonality, Similarity Heuristics, Iterative Methodologies And Why It is Important to Procurement

Procurement Insights

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.

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Potential Efficiency Improvements: Vehicle Efficiency in Businesses

SCMDOJO

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). Optimizing trailer design for a specific operation can yield significant efficiency gains (ETSU & MIRA, 2001).

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – JIT deliveries cause congestion in the supply chain which leads to delays, pollution, shortage of workers, etc.