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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. Resilient Workforce 2009 – [link] 10.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supplychain GPO based in St. About Consus.
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company chose Consus and Ivalua for their deep capabilities in the Sourcing space to support their critical Purchasing processes.
Vehicle efficiency is a critical factor for businesses operating trucks. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. biodiesel) These alternative fuels offer environmental benefits and can contribute to improved vehicle efficiency. increase in fuel efficiency.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supplychain GPO based in St. About Consus.
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company chose Consus and Ivalua for their deep capabilities in the Sourcing space to support their critical Purchasing processes.
Cited as a success in Procurement Insights (2007-2014), it embodied Hansens agent-based approach, likely a precursor to the Metaprise model, prioritizing the shared relationship between human agent experience and expertise and technology-based AI agents. DNDs success (2007) reflects Hansens user focus, cutting 50-70% failure rates.
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 supplychains. Focused on efficiency, not innovation; maintains status quo.
sourcing cosmetics packaging or coffee beans) based on real-time data and outcomes. 2007, 2014, and The GenAI Metaprise, Oct 11, 2024)involves observing data, acting, assessing results, and adapting, aligning with self-learning concepts but prioritizing practical outcomes over technical specifics. cost savings, delivery speed).
EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. Recognizing “the challenging piece” is linked” to understanding “the kind of interaction you want to resolve with customers and supplychain partners.”
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!
Hansens Context and the Absence of a Learning Loopback Process Metaprise Model Overview: Hansens Agent-based Metaprise model (2007 post) uses autonomous agents to represent stakeholders (e.g., cost efficiency, tariff resilience). unit, source coffee from Ethiopia at $4/kg) based on current data, prioritizing cost and quality.
Impact: One of the most cited IT procurement disasters, costing stakeholders hundreds of millions and disrupting healthcare supplychains. Installed in 2003, it suffered “horrendous” barcode errors, and despite claims of functionality in 2005, was scrapped in 2007 (Ratcliff IT).
If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supplychain management, payroll, and HR. We are ERP-agnostic.
Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality. – JIT deliveries cause congestion in the supplychain which leads to delays, pollution, shortage of workers, etc. – Lastly, Not applicable to all industries.
While Ramp retains advantages in UX, cost, and procurement breadth, Amexs scale and Nipendos depth strengthen its enterprise play, making it a more formidable foe in 2025s efficiency-driven landscape. So, why is Ramp “hidden in plain sight” in the procurement and supplychain world? Jaggaer, Ivalua).
According to a June 2023 TechTarget article , there are twelve, including better decisions, efficiency and productivity gains, improved speed of business, and so forth. “ As I wrote in a soon-to-be-published article, the date of the above report is 2022, not 1999, 2005, 2007 or 2013. I am sure you can think up many more.
AI PIERRE’S ANSWER – There is no direct evidence in publicly available sources, including Spend Matters publications or Pierre Mitchells statements, explicitly stating that Pierre Mitchell is opposed to Jon W. QUESTION #1 – Why is Spend Matters’ Pierre Mitchell opposed to the Agent-based Metaprise model?
Subscribe to SupplyChain Game Changer. It is needed to ensure the efficiency of the cost of ownership of the technological landscape of financial services. And an important source of new product ideas for global companies that strive to offer the best customer experience. appeared first on SupplyChain Game Changer™.
1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supplychain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.
80% of your typical use case across Source to Pay happens on Merlin Chatbot, which is built into Microsoft Teams. I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. You want the right template, Merlin Assist provides it.
Imagining the SupplyChain of the Future! At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at SupplyChain Game Changer.
Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).
The SEC’s rule proposal aims to harmonize emissions reporting, ensuring data is comparable and transparent for shareholders, investors and the public. While many companies already disclose their GHG footprint, there are discrepancies with how this is reported even within the same industries.
This was around 2007. But by late afternoon, as the geographic time zone of sourcing began to shrink, that price could easily become $800, $900 or $1,000. And so the biggest change is that the procurement and professionals in supplychain are now seen as the leader, rather than a spectator in digital transformation.
Episode 4 of Dual Source Discourse drops tomorrow. In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies originating on the front lines. Dr. Elouise published her Q2 2024 Spider Map a few weeks ago.
For the C-SuiteCEOs, CFOs, COOs, and CPOsthe integration delivers strategic advantages by enhancing cost efficiency, resilience, and stakeholder alignment while leveraging SAPs robust infrastructure. 700M tariff import costs) to illustrate impact, ensuring cost-efficient integration as previously proposed ($500K$1.5M). Vietnams $0.22/unit
” So, in today’s post, let’s discover what they are and how relevant they are to 2025 procurement and supplychain management. Adaptability: Agents respond quickly to changing conditions, such as supplychain disruptions or sudden changes in demand. Este Lauders $15B supplychain).
1999 – I introduced the Metaprise model (RAM) 2007 – In Dangerous SupplyChain Myths (Part7) , I write about the Metaprise in greater detail, including the results of its implementation in a production environment (Department of National Defence). Zycus Cognitive procurement systems powered by generative AI (GenAI).
“What is most interesting about Zycus tremendous growth rate is that it is indicative of the evolution (some would even suggest fruition) of a trend first presented in a Procurement Insights post from August 31, 2007.Titled Scope : Still systemic, enhancing procurement efficiency (e.g., $5M-$20M What is a ProcureTech APP?
EDITOR’S NOTE: In 2007, I wrote what is still one of the most popular posts on this blog: “ The Ariba Interviews: Re-engineering the Future ofOn-Demand. Key Products: Ariba Network, Spend Analysis, Strategic Sourcing Suite, and Contract Management. SAP Ariba: Large enterprises with complex global supplychains.
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