Procurement Heads

FEBRUARY 23, 2023

With application numbers dropping at a far greater rate than vacancies, employers are likely to struggle to source the skills they need in a sector that is already facing acute skills shortages. Elsewhere, the research shows that salaries within the sector have risen by 6.5%

Vendor management 130

Vendor management Influencing Demand Risk management 130

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Una

JANUARY 31, 2024

Top Tips for Successful Sourcing From Overseas Suppliers in 2024 Get valuable insights into communication and cultural awareness and explore tips for successfully sourcing from overseas suppliers this year. In this environment, US sourcing professionals must sharpen their communication and cultural awareness skills to succeed.

Sourcing 52

Sourcing Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Supplier evaluation is situational.

Suppliers 84

Suppliers Management Quality Import 84

ivalua

MAY 17, 2021

Recent research states that the current covid crisis has had a much larger impact in the UK compared to the financial crisis of 2008/9, but it should be recognised that the financial services sector has greater regulatory scrutiny. Compliance is spread across the whole contracting process.

Procurement 130

Procurement Contract Procurement team Sourcing 130

Procurement Insights

OCTOBER 24, 2022

Point #1 – Going back to my 2008 & 2014 posts, McKinsey & Company survey of CFOs found that the C-Suite did not believe that procurement was delivering savings or value to the overall enterprise. 2008/2014 posts – [link]. Also, what buyer behaviors have they rewarded?

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Procurement Insights

DECEMBER 15, 2023

Here is just a small sampling from (2008 to 2023) Once again, it’s you, my readers, who have elevated this blog beyond an echo chamber in which meaningful insight and informative dialogue have always taken precedence over consensus. I am truly grateful for the opportunity to be a reliable source of insight and information.

Supply chain 81

Supply chain Procurement Purchasing Risk 81

SCMDOJO

MARCH 28, 2023

Initially introduced by Nakamoto in 2008 in his publication on Bitcoin, blockchain technology refers to a decentralized peer-to-peer network that runs behind Bitcoin transactions. They collaborated to trace a bundle of sliced mangoes back to its source, with traditional paper documents taking nearly seven days to complete the task.

Supply Chain Efficiency 116

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

Strategic Sourceror

JULY 23, 2022

The shift from gas-powered to electric cars is nothing new – Tesla released its first production model back in 2008, for example – but the increased adoption of commercial vehicles that deliver not only packages but environmental benefits could be a game changer in the supply chain. Around 90% of the U.S.

Supply chain 98

Supply chain Supply Purchasing Strategic sourcing 98

Procurement Insights

AUGUST 16, 2022

I recently read an article by Sourcing Industry Group’s (SIG) Dawn Tiura regarding the “challenges big box retailers such as Target, Walmart, and many others have been experiencing due to excess inventory.” ” In “Feast or Famine: Is It Time For Big Box Retailers To Rethink And Reengineer Their Sourcing Practices?”

Inventory 45

Inventory Sourcing Management 45

ivalua

SEPTEMBER 2, 2019

The financial crisis of 2008/9 and a whole range of banking and financial services issues, and occasionally scandals, answered that question. A form arrived on my desk that required us to list some key contracts – I’m not even sure where it came from, to be honest. But it seemed a bit of a cheek, really.

Procurement 140

Procurement Contract Risk Suppliers 140

SCMDOJO

FEBRUARY 19, 2024

Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. 2007) According to Abramowich (2008) leading Six Sigma companies no longer just talk about quality or cost reduction. Figure-f: Elements of Critical Factors for a Successful Lean Implementation (source: Achanga et. Hoerl, R.W.,

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 98

Procurement Insights

JUNE 1, 2024

Hansen – Strategic Advisor/Analyst Specializing in Emerging AI Tech Here is the link to the first article I ever wrote about Coupa Software in 2008 – [link] I also remember interviewing Rob Bernshteyn for my Titan’s Series not long after he took the helm of the company in 2009 – [link] It has been an interesting 16 years.

supply chain software solutions 52

supply chain software solutions Leadership Product management Strategy 52

Supply Chain Opz

JULY 7, 2013

Rubio and Chamorro 2008 explains about the current state of reverse logistics research in their paper " Characteristics of the research on reverse logistics (1995–2005) " that major research stream is, - Development of math algorithm in a production planning and design of optimal reverse logistics network. Literature Review.

Logistics 90

Logistics Supply Chain Optimization Supply chain management Supply chain management 90

Procurement Insights

JANUARY 22, 2024

– [link] MUSING #2 How agile is your sourcing program? Procurement Insights (2008) NOTE: While the above example deals with an Indirect Procurement Material situation, the same methodology is equally applicable to Direct Materials. (Part 1 of 3) – [link] Are you chasing solutions or solving problems? How Can You Help Us?

Supply Chain Optimization 81

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 81

Supply Chain Game Changer

SEPTEMBER 3, 2022

Yes, Bitcoin is pretty humble in providing everybody the services, and from 2008 on, it is ongoing with Investments. It is fundamental to appreciate the volume of the currency and find the best allocating sources. Bitcoin is a currency that is obtainable at every source and does not restrict customers. Email Address.

Supply Chain Efficiency 90

Supply Chain Efficiency Influencing Supply chain Sourcing 90

Supply Chain Game Changer

JUNE 21, 2021

Bitcoin was released as a digitalized coinage in the year 2008 at the very first glance. Understanding the Bitcoin Mining Process! The Backbone of Bitcoin Technology article and permission to publish here provided by Jean Nichols.

supply chain software solutions 95

supply chain software solutions Supply chain Sustainability Networking 95

Supply Chain Game Changer

NOVEMBER 18, 2018

The term “Blockchain” was first coined by Satoshi Nakamoto in 2008 as the name for the electronic transaction ledger to be used in support of the cryptocurrency Bitcoin. Source: [link]. Source: Wikipedia [link]. Source: [link]. Source: [link]. ” Source: [link]. What is Blockchain?

Supply Chain Efficiency 84

Supply Chain Efficiency Supply chain Sourcing Logistics 84

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Considering these needs, SAP Ariba stands out as one of the best options to support LCBO during a rail strike. Here’s why: 1.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Supply Chain Game Changer

JULY 16, 2020

Such information streamlined transactions and improved decision-making, but the ERP data did not initially permit connecting and compiling cross-functional data sources. When the first mobile app marketplace launched in 2008, it only presented 500 offerings within the product categories. Mobile Apps Make Information Portable.

supply chain software solutions 124

supply chain software solutions Supply Chain Efficiency Supply chain Supply 124

Supply Chain Game Changer

JANUARY 24, 2022

Bitcoin came way back in 2008, while Litecoin came into the market in 2011, three years after BTC. LTC also works on the same source code, like in Bitcoin. If you check the list of some famous and older coins, then Bitcoin and LTC remain on the top. These are regarded as the most popular and recognized ones.

supply chain software solutions 87

supply chain software solutions Networking Price Supply chain 87

Supply Chain Opz

JULY 7, 2013

Resilience Project, its methods has been tested under many extreme circumstances such as, - 2008: Chengdu Earthquake in China. Cross-functional team, part standardization, back-up suppliers, dual-sourcing, supplier collaboration are the basic foundation that is tried and true. And according to the U.S. 2009: H1N1 Outbreak in Mexico.

Supply chain 68

Supply chain Supply Risk Supply chain management 68

Supply Chain Game Changer

MARCH 30, 2022

And an important source of new product ideas for global companies that strive to offer the best customer experience. IBC Bank, in Texas, released its iPhone app back in 2008. Neobanks are building digital-first and mobile-first services. It focuses on a well-developed UX, new models of attraction and monetization.

supply chain software solutions 89

supply chain software solutions Agile and Lean Supply Chain Cost of ownership Supply Chain Efficiency 89

Supply Chain Game Changer

JANUARY 2, 2019

The idea of a “Blockchain” was conceived in 2008 although the concept of a chain of blocks began as early as 1991, and use of the word Blockchain itself has only become popular in the last few years. ” (Source: [link] ). ” (Source: Wikipedia [link]. The 5 Levels of Supply Chain Transparency!

Supply Chain Efficiency 71

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 71

Procurement Insights

AUGUST 29, 2023

Once again, this was in 2008 or 2009. ” Who Is The Source? If I shared the above with you without investigation the source – which was the same organization for both, that would be a disservice to all of us, myself included. Check them out for yourself, and let me know if they are a reliable source. If not, why?

Procurement 45

Procurement Procurement team Sourcing Price 45

Procurement Heads

JANUARY 25, 2023

BC Ferries has a very aggressive goal to decrease our 2008 emissions levels (baseline year) by 27% by 2030, so what we are doing is working with a few elements to achieve that. We are exploring the potential of alternative sources of energy for our vessels that will shape design decisions.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing Supply chain 130

Empowering CPO

NOVEMBER 12, 2020

Sourcing roadmap. As per 2008 study by Corporate Executive Board, 12% of total marketing budget goes towards market research. Right kind of data and research along with solid number crunching abilities are very crucial for successful execution of any strategic sourcing process and ongoing category management.

Category management 52

Category management Cost of ownership Procurement Strategic sourcing 52

Let's Talk Supply Chain

JANUARY 9, 2023

Founded in 2008, TraceGains connects people and information so teams can work smarter. 15.34] A deeper dive into TraceGains Gather, a marketplace that invites customers to “experience sourcing nirvana.”. Today I’m joined by TraceGains , the world’s only networked ingredients marketplace. Let’s just get all these companies to connect.”.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Procurement Insights

MAY 14, 2024

– Dangerous Supply Chain Myths (Part 4) June 2008 As an analyst, the general rule of thumb is to cite reference articles of papers that are a maximum of 2 years old. Of course, there are exceptions, but they have to be checked and confirmed for present-day relevance. Practitioners, “Own” Your Success!

Suppliers 58

Suppliers Import Leadership Collaboration 58

Jaggaer

JANUARY 28, 2019

Research on supply chain following the 2008 economic recession found that supply chain executives took several major steps to deal with the decline, each of which is particularly relevant as we enter 2019. During the 2008 market recession, many companies suffered because they failed to reduce capacity as demand plummeted.

Supply Chain Efficiency 40

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Procurement team 40

Jaggaer

OCTOBER 22, 2020

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

The Procuretech Podcast

MAY 23, 2023

I can relate to this mission, having been a direct materials buyer in the automotive industry before the 2008-09 recession. Sarah ended up working as an intern for a local company in California that did sourcing and procurement in marketing. SourceDay's mission is to ensure that manufacturing companies always get their parts on time.

supply chain software solutions 40

supply chain software solutions Supply chain Procurement Networking 40

Jaggaer

JULY 28, 2020

Money has been tight more or less everywhere since the financial crash of 2008 heralded a new age of austerity. “Virtually all procurement professionals have been under pressure to “do more with less,” the demand is particularly intense in public procurement.”. Some departments have seen cuts in spending year on year.

Procurement 75

Procurement Buyers Contract Purchasing 75

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. There are some industries we can consider as the early movers in seeing the benefits of a professionalized sourcing function. Revolut and eToro are just two which have seen explosive growth.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Procurement Insights

JUNE 24, 2022

Ironically, the first article in this blog about using spreadsheets was a guest post by Glenda Leatherman , a change management consultant, in March 2008. ” Kelly Barner , Market Dojo’s Alun Rafique , and Sourcing Solved’s Iain Campbell McKenna joined me on the panel. ” Guest Author Glenda Leatherman.

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

Supply Chain Game Changer

MARCH 20, 2019

The earliest mention of Blockchain technology was the Oct 2008 article published by the ever enigmatic, Satoshi Nakamoto which evangelized the use of distributed ledger philosophy to develop the digital current called Bitcoin. How did Blockchain technology emerge? I would like to call Bitcoin as Blockchain 1.0.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79

Procurement Insights

OCTOBER 8, 2024

Economic recovery from the 2008 financial crisis, combined with emerging technologies and global competition, shaped their priorities. The adoption of e-procurement technology and the shift toward low-cost country sourcing were key trends, while supplier risk management and compliance emerged as critical areas of concern.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52