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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Focus on Cost.

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Should We Celebrate this Marriage?

Supply Chain Shaman

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. The software planning footprints are reminiscent of the work done in the 1990s when we struggled with insufficient memory using 32-bit hardware. Ellen currently works as a consultant at Cap Gemini.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Focus on Cost.

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Our Walk In The Fog

Supply Chain Shaman

Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. Companies talk about customer-centric supply chains, but most leaders are more comfortable in the world of supply than demand. Little modernization despite the evolution of new technologies to enable: 1) Demand Sensing.

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E-commerce and the Digital Path to Purchase

Enterra Insights

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

This technology company is headquartered in Friedrichshafen, Germany. ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF transforms those purchased products into over 2,000 products. The ZF supply chain is complex.