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Scaling a FreightTech Business with Mark McEntire

The Logistics of Logistics

Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. In 2001, he completed a two-year Six Sigma certification program with General Electric and is a GE certified Black Belt.

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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

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Data Sharing and Procurement. Focus on Cost. A Decline in Innovation.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Data Sharing and Procurement. Focus on Cost. A Decline in Innovation.

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How Cloud-Connected CAD and PLM Drive Collaborative and Streamlined Product Development

Arena Solutions

Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.

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Should We Celebrate this Marriage?

Supply Chain Shaman

(Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) The groups of supply planning, procurement and logistics operate within silos. So, much so, that I often introduce people to each other within their own companies. History of E2open.

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Buyers, B-17 Bombers, and Heedful Interrelating…Musings for the Week

NC State SCRC

Weick (2001)notes that an example of “less heedful interrelating” is Winston Churchill’s reconstruction of why he failed to see that Singapore was vulnerable to land invasion in the Second World War. These four lapses are lapses of interconnection in gathering information about unexpected events (Weick, 2001). Allinson, R.E.