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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

The following is a 31-minute video of a 2011 lecture I gave at eWorld. 2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities.

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Protecting your supply chain against catastrophic events

Spend Matters

For example, the 2011 Tohoku earthquake and subsequent tsunami in Japan upended automotive supply chains across the globe, with car part facilities temporarily shutting down in the United States, Thailand, the Philippines and Indonesia. This content does not necessarily express the views or opinions of Spend Matters.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Gender diversity in supply chain teams fosters collaboration, enhances decision-making processes, and leads to more effective solutions that resonate with diverse stakeholders. Stronger Teams, Better Decisions: Moreover, diversity in supply chain management contributes to improved employee morale and engagement.

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How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. KPIs make the procurement process more transparent and manageable. Case Study: Successful Application of Procurement KPIs A.

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Supply Chain Resilience and Sustainability – Partners or Adversaries?

Arkestro

One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. The good news is that these two goals are not mutually exclusive—in fact, sustainability can be a big part of building a more resilient supply chain. .