article thumbnail

The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Thus, the focus of procurement management in this era was chiefly on how to efficiently trace and utilize tangible and intangible goods purchased from suppliers. However, this “evidence-based decision making” is pragmatic only under the premise that sourcing organizations are able to process necessary data for evidence generation.

article thumbnail

Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

Real-time data is enabled by the emergence of cloud computing and mobile devices, which creates “big data” technology platforms that process higher volumes of internal and external data from multiple sources. Much of the data is “integrated” (e.g.,

Insiders

Sign Up for our Newsletter

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

article thumbnail

50 Online Resources for Aspiring Supply Chain Scholars

Supply Chain Opz

You may have to spend lots of time in libraries to gather information, try to understand strange terminology and try to figure out how to draw useful information. So let's have a look :) Find Valuable Data 1. Find out how he did it as below, Resource: 7 Traits of a Great Supply Chain Leader 36. Resource: Commodity Flow Survey 7.

article thumbnail

Growing Challenges in Supplier CSR Monitoring are Being Met with Powerful Digital Solutions

EcoVadis

This also poses challenges for suppliers, such as: Redundant surveys from each client; Questionnaires are often not adapted to their business category, size or location; The lack context for understanding their performance relative to others, or how to set expectations; An absence of feedback and guidance needed to drive improvements.

article thumbnail

16 ERP implementation risks that vendors WON’T tell you

Unleashed

Think about the difference between Microsoft Word 2007 and Google Docs. Many ERP users in the past have found that they can no longer receive adequate vendor support for their product because it’s too heavily customised – the vendor’s IT people, quite simply, no longer know how it works, or how to fix the bugs.

article thumbnail

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

View the full post or view the snippet below: I got the idea for this blog post after reading Shaun Snapp’s LinkedIn post on the topic of big data. In the post, he correctly argues that the case for big data is sometimes exaggerated. Will Big Data change the world? Read More ». Read More ». Read More ».

article thumbnail

When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

Does anyone want to wager with me how many of those ships have inventory that is not really needed in the supply chain? We started the pandemic with an average of twenty-one more days of inventory on average across industries than at the start of the 2007 recession. Could Outside-in Thinking Help? The reason?