article thumbnail

When it comes to AI success and procurement, it isn’t human versus machine, but human versus human.

Procurement Insights

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. Part 4 – which you can access through the link below, is titled “Dangerous Supply Chain Myths Revisited (Part 4): Internal & External Collaboration A Desire versus Skill!

article thumbnail

Dangerous Supply Chain Myths Series (2007 to 2024)

Procurement Insights

” 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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Segmenting Supply Chain using Portfolio Matrix (2x2 Matrix)

Supply Chain Opz

This article will show you how to use a simple 2x2 matrix system to segment supply chain with examples across various functions. In 1983, Peter Kraljic wrote the article " Purchasing Must Become Supply Management " for Harvard Business Review. 1) Purchasing Portfolio Matrix.

article thumbnail

Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

As you read this post originally published in May 2007 about “enabling technology and the emergence of the metaprise,” can the three-stage implementation framework be as successful today as it was back then? The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T.

article thumbnail

Procurement Decentralization 20 Years Later

Procurement Insights

Below is Part 6 of the 7-Part Dangerous Supply Chain Myths series , where I provide an extensive breakdown of the ISM, CAPS, and AT Kearney report originally released in May 2007. What is the old saying about big ships turning slowly?