Remove 2010 Remove Just-in-Time Remove Procurement Remove Procurement Analytics
article thumbnail

AI This. Not So Fast.

Supply Chain Shaman

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. .” This type of response is just not helpful. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019. Morning after morning, fueled by good black coffee, I type away. Background.

article thumbnail

Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

article thumbnail

Taming the Supply Chain. Will It Ever Be Social?

Supply Chain Shaman

So much so that in 2010, I believed that the convergence of social and traditional enterprise applications would happen quickly. Yes; someday it will happen, but not any time soon. They are just now becoming a topic for the VERY EARLY adopter in supply chain management. ” I laughed. Such a deep question on twitter.

article thumbnail

Omnichannel is another Word for Complexity

Enterra Insights

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ’ They simply just shop.”[1] ” Once a consumer completes his or her digital path to purchase (i.e.,

article thumbnail

How to Create Collaborative Innovation with Suppliers!

Supply Chain Game Changer

But, unlocking collaborative supplier innovation requires clearly defined strategies and operations by a sourcing, procurement and/or purchasing team to ensure that suppliers’ competencies are being leveraged to their fullest potential. Supplier bases are a great source of potential innovation. Define Goals and Values.

article thumbnail

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.