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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Alignment Barriers.

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When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

On average, industries carry 38 more days of inventory than in 2007. The industry is rife with event companies that place the speakers on stage to tell their story, but no one asks the question, “Based on results, is this a supply chain leader?” In the current state, we will become more reactive. Days of Inventory Shifts.

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The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

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Lifting The Gray Curtain

Supply Chain Shaman

Executing an event in the middle of the Covid-19 pandemic is challenging. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. We started the pandemic with twenty-one more days of inventory than we had in 2007. Lockdowns and Disbelief.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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What € 30M funding really means to us: Accelerating sustainable procurement

EcoVadis

But it is important to note that the most significant aspects of this event are not just about money, but about the new resources, partnerships, technologies, initiatives, team members, and collaboration that it will bring to accelerate EcoVadis’ growth. Bravo, and thank you! The market has spoken. Destination: Growth!

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This Week in Supply Chain Management Tech September 8 2022

Supply Chain Matters

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Expands C-Suite Amid Increased Technology Demand.