Supply Chain Shaman
JUNE 28, 2021
In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. What do I mean? To illustrate, let me share a story.
Arkieva
OCTOBER 31, 2016
A serious Excel error could cost a business thousands or millions of dollars. Here are 5 Spooky Excel Tales that we hope never becomes your nightmare. In June 2003, a simple copy-and-paste error led to the Canadian power generator company, TransAlta buying more US power transmission hedging contracts in May at higher prices than usual.
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Supply Chain Shaman
OCTOBER 29, 2020
Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order.
Supply Chain Shaman
FEBRUARY 13, 2017
Over the last two decades Steelwedge raised significant capital in three rounds: 4M$ in 2004, 16M$ in 2011 and 22.5M$ in 2015. The stock hovered near $30 per share for many months in 2014. On March 26, 2015, I nsight Venture Partners (“Insight”) purchased E2open for $8.60 He was bullish and I shrugged my shoulders.
Supply Chain Shaman
JANUARY 28, 2015
Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.
Supply Chain Shaman
AUGUST 16, 2015
In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. GT Nexus began operations in 1998 using the name Tradiant.
AFFLINK
MARCH 6, 2017
Excellent procurement is part of the reason that McDonald's has been able to grow from a small family barbecue restaurant into a global conglomerate with more than 35,000 restaurants in over 110 different countries. In the foodservice industry, there are few better examples of great procurement management than McDonald's.
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