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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. Besides natural hazard events, catastrophes caused by disease can also be debilitating.

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How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. The increased complexity of supply chains and global nature has expanded the scope of supply chain risk management.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Strategic supplier-partner relationships/partnerships are essential. Vera Rozanova Vera is a seasoned procurement & supply chain professional with 25+ years of experience in Planning, Supply Chain, Procurement, SOP+, and Quality across diverse industries. The importance of clean data? Critically important.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

Procurement metrics can cover a wide range of aspects, from cost-saving measures to supplier performance, and are crucial for making data-driven decisions. These metrics are typically data-driven, ranging from numerical values like cost savings, to more qualitative assessments like supplier reliability and product quality.

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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. .