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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

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Industry Transformation: Advanced Manufacturing and Digitalisation of Supply Chain-Logistics

The Logistics & Supply Chain Management Society

Enterprise Singapore had successfully launched Trade and Connectivity Challenge 2020(TCC2020) calling for Innovation Collaboration and Solutions to enhance supply chain traceability by standardising processes and system integration for Industry sectors and Enterprise-specific tracks. wildlife conservation.

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My Vision for Supply Chain 2020? Deep Integration!

Arkieva

The question was how I imagine the Supply Chain in 2020. The financial crisis of 2008-2009 has given a major push to do more with less. We’ll have to show purchasing people how sharing information shifts the discussion from cost reduction to benefit sharing and how to deal with that type of discussions. Deep Integration!

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Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

Third, this is a good time to review and update emergency plans and contact information.” Van Hull notes, “Shortly after Dr. Osterholm’s article, in May 2006, AMR Research (acquired by Gartner in 2009) published Supply Chain Saves the World with a chapter dedicated entirely to preparing for pandemics. Concluding thoughts.

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Not Just Another Automotive Industry Transformation

LevaData

By 2009, the automotive sector was drowning in an $80B crisis—all while continuing to suffer from overcapacity and market saturation. One such company that would benefit from this industry impasse was Tesla, which was close to shuttering the operation amid the 2009 auto crisis. Take, for example, the 2008 housing crisis. auto sales.

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How is Bitcoin Different From Ethereum?

Supply Chain Game Changer

However, the market cap of bitcoin is nearly 1 trillion dollars which is nearly half of the entire market; the fact might amaze you that in 2020 bitcoin contributed 70% to the entire cryptocurrency industry, just hassle free. Bitcoin was officially unconfined in the year 2009, and ethereum was unconfined in 2015.

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Achieving enterprise-wide adoption of supply chain risk management

Resilinc

Despite mountains of evidence that a truly mature SCRM pays for itself by 1) protecting revenue, 2) informing new product design strategies, and 3) enhancing brand value, many corporate leaders are still reluctant to elevate SCRM to a strategic focus. Coronavirus = new perspective on risk management in supply chains.