article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

At the end of the presentation, I asked Allyson her perspective on open source analytics. We started the pandemic with twenty-one more days of inventory than we had in 2007. In the journey, realize that it usually requires multiple analytic techniques and innovation not available from traditional sources. Massive Disruption.

article thumbnail

The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

This inter-organizational information flow entails new challenges in procurement analytics: organizational boundaries generate information friction and lowers the visibility of information (Barratt and Oke 2007). visualization and decision support). The role of intelligence is not limited to the prediction.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Reflections, Thank-you(s) and Rethinking the Future

Supply Chain Shaman

This includes: Sensors coupled with data from the Internet of Things (IOT). Open Source Technologies (Examples include Hadoop, Spark, Kafka). As growth slowed post 2007 recession, companies fought back. Blockchain/Cryptocurrency. Analytics (Artificial Intelligence, Machine Learning and Cognitive Computing). 3D Printing.

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. Examples of visibility include demand visibility, market visibility, and supply visibility.

article thumbnail

Seasoned Leadership in Action™ – An Interview with Stephany Lapierre, CEO at tealbook!

Supply Chain Game Changer

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. Technology and the use of Big Data is allowing procurement and supply chain to increase transparency and automation. I always knew this was going to be part of my life. I am incredibly proud!

article thumbnail

Building Outside-In Processes

Supply Chain Shaman

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, in the recession of 2007, DuPont missed the downturn in the market.

article thumbnail

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

EcoVadis

This is creating a ‘triple-whammy’ of imperatives for procurement teams — and their trading partners — to monitor and manage risk, while at the same time exposing new sources of value that will be the key differentiators in the future. Additional data such as sustainability indicators, can be attached at each step in the chain.