Remove 2001 Remove Procurement Analytics Remove Sourcing Remove Transportation
article thumbnail

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?

article thumbnail

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. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

article thumbnail

ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

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. ZF has been working with a supply chain solutions provider called SupplyOn since 2001. There are also avoided costs.

article thumbnail

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. It is clear.

article thumbnail

Analog Supply Chains are an Anachronism in a Digital World

Enterra Insights

It was designed with linearity in mind: a singular focus on minimizing transport costs through building high-capacity, point-to-point distribution infrastructure. The pandemic changed everything and reports (mostly bad) about supply chain operations and challenges are now liberally scattered amongst other news stories.

article thumbnail

Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. Spire’s granular AIS data about transport vessels is now seamlessly incorporated into the cloud-based software system used by Gravity’s clients. In 1956, manually loading a ship cost $5.86