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AI This. Not So Fast.

Supply Chain Shaman

” Or, “If you need an answer, implement my solution.” This type of response is just not helpful. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019.

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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.

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Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

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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.

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Make 2016 the Year of the TMS

Talking Logistics

One recent survey indicated that just one-third of shippers are currently using a TMS – a powerful weapon in the logistics arsenal that has been proven time and again to deliver a strong ROI. The Cloud has become the great equalizer in supply chain software thanks to the speed, simplicity and savings it delivers.

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Podcast: Marcia Williams on Supply Chain Optimization and Digital Transformation

Requis

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. And even at that time he was doing something completely new: he was running simulations using software applications.

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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.