Procurement Insights

FEBRUARY 24, 2025

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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Supply Chain Game Changer

MARCH 20, 2019

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

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

Procurement Insights

JANUARY 22, 2025

This means ensuring the constraint is operating at its highest efficiency by eliminating waste and improving processes around it. Step 3: Subordinate Everything Else to the Constraint Adjust and align all other processes to support the performance of the identified constraint , ensuring nothing interferes with its efficiency.

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Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

Supply Chain Game Changer

JULY 13, 2021

Subscribe to Supply Chain Game Changer. Satoshi Nakamoto, the inventor of Bitcoin, released the white paper in 2008 on a website named bitcoin.org, which was an official website for Bitcoin. Bitcoin achieved decentralization article originally written for Supply Chain Game Changer and published on July 13, 2021.

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Supply Chain Efficiency Networking Sustainability Supply chain 96

Procurement Heads

JANUARY 25, 2023

I went to university planning to become a Diplomat, then in the second year I found myself in supply chain work, and I just fell in love with it, especially contracts negotiation. That made me very passionate about the supply chain. Could you tell us about your journey to becoming Executive Director at BC Ferries?

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Sustainability Supply Chain Efficiency Influencing Supply chain 130

Supply Chain Game Changer

SEPTEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Yes, Bitcoin is pretty humble in providing everybody the services, and from 2008 on, it is ongoing with Investments. The currency is nearly changing in the portion of the supply. Bitcoin is obtainable as it efficiently serves the economy’s objectives. Subscribe Here!

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Supply Chain Efficiency Influencing Supply chain Sourcing 90

Supply Chain Game Changer

NOVEMBER 18, 2018

Check out Blockchain in the Supply Chain is a Game Changer! It’s a word that was rarely used or even heard of in Supply Chain not that long ago. Further it is often used in the context of being a necessary and integral part of any Digital Supply Chain Strategy. Subscribe Here! Email Address.

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SCMDOJO

FEBRUARY 19, 2024

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 supply chain which leads to delays, pollution, shortage of workers, etc. – Lastly, Not applicable to all industries. Hoerl, R.W.,

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

Let's Talk Supply Chain

FEBRUARY 16, 2024

2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. While wars and conflicts have sparked new supply-chain challenges, the dire need for sustainability and the rise of global warming is still a top priority for businesses.

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Logistics supply chain budgeting Supply Chain Efficiency Supply chain 98

Procurement Insights

DECEMBER 8, 2023

The article you are about to read was written in 2008. Before attempting to answer the above questions, have a read of the original 2008 article below. There is a growing realization that process, not technology, is the main force behind successfully achieving efficiency and spend rationalization.

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Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

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Supply Chain Game Changer

MARCH 30, 2022

Subscribe to Supply Chain Game Changer. It is needed to ensure the efficiency of the cost of ownership of the technological landscape of financial services. IBC Bank, in Texas, released its iPhone app back in 2008. Originally written for Supply Chain Game Changer and published on March 30, 2022.

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

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. Supply Chain Visibility and Risk Management 3. Cost Management and Efficiency Optimization 5.

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Procurement Insights

DECEMBER 12, 2022

There is a growing realization that process, not technology, is the main force behind successfully achieving efficiency and spend rationalizaton. The question I had posed in Part 6 of my 7-Part Dangerous Supply Chain Myths Series was, “are you – being the end-user, in the software business?”

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Supply Chain Game Changer

APRIL 13, 2021

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. When the market crashed in 2008, and millions of Americans lost their jobs, we saw a greater need for wealth management. Subscribe Here!

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Leadership Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 61

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

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Una

JANUARY 31, 2024

Meanwhile, trade wars and rising tensions have led to what the Financial Times has described as a “great reshuffling” of global supply chains, with US FDI (foreign direct investment) in China falling from a peak of $20.9bn in 2008 to an 18-year low of $8.2bn in 2022. You want to keep your suppliers honest.”

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Sourcing Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Let's Talk Supply Chain

JANUARY 9, 2023

Founded in 2008, TraceGains connects people and information so teams can work smarter. As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data.

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

Zycus Cognitive Procurement

APRIL 4, 2022

After the financial crisis of 2008, companies started to focus on improving their overall value creation to survive the demanding market and economic situation. Companies rely on complex, multi-faceted, interconnected networks that make up their supply chain. Improve processes and efficiency.

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Zycus Cognitive Procurement

SEPTEMBER 15, 2022

According to McKinsey research , in the five years immediately following the 2008 global financial crisis, total return to shareholders for companies with top-quartile procurement capabilities was 42 percent higher than the companies whose procurement operations were in the bottom quartile. Risk management.

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supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Therefore companies must act quickly and efficiently. Manage your inventory efficiently. How Procurify Helps.

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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.

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Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

JANUARY 29, 2020

Subscribe to Supply Chain Game Changer. m/m in 2020 was taken way back in 2008 and it got ratified in 2016 in the 17th session of MEPC meeting. Reducing sulphur emissions by utilizing low sulphur fuel oils in shipping vessels will help reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 requirements.

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SPLC (Sustainable Purchasing Leadership Council)

AUGUST 24, 2017

I’ve been with FCA (formerly Chrysler) for over 30 years, much of it in various elements of supply chain management. Chrysler began its sustainability journey in 2008, when two very energetic purchasing professionals (“intrapreneurs”) began advocating it. Bill’s Story. How did your passion for sustainable purchasing develop?

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Supply Chain Efficiency Sustainability Buyers Purchasing 40

Jaggaer

SEPTEMBER 29, 2020

The financial meltdown of 2008 provided a further impulse. Whichever way you look at it, most SME (small to medium enterprises) and large companies alike have found managing supply chains and their spend very difficult compared to how it was just a few months ago. They have needed to find ways to retain cash in the business.

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Supply Chain Game Changer

MARCH 12, 2021

Subscribe to Supply Chain Game Changer. Since the recession in 2008, traditional lenders don’t usually grant loans to small businesses that easily. To avoid that, focus on these seven tips that will help you maximize your card and better manage your debt efficiently: 1. Email Address. GET our EBOOK HERE.

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Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. As a result, their tools enable them to do their jobs in a more efficient manner with better results. Apple has him to thank for how sleek and optimised its supply chain is.

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Barkers Procurement

NOVEMBER 28, 2022

The Climate Change Act was passed in the UK in 2008 and commits to a reduction in greenhouse gas emissions of 80% by 2050, compared to 1990 levels. Purchasing high performance IT equipment that is more energy efficient. Its goal is to limit global warming to well below 2 degrees Celsius, preferably to 1.5, Going paperless.

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Una

JANUARY 29, 2024

Politics also plays a huge part – secession in Texas became a hot topic after Obama’s 2008 win (why? What would it mean for supply chains? If China moves on Taiwan in 2024 and we find ourselves in a next-level military conflict, supply chains are going to be disrupted like never before. Scary, isn’t it?

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