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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. This list should include the business metrics that each procurement project impacts.

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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. ROI analysis: core to a strong business case.

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L’Oreal: A Beautiful Supply Chain

Supply Chain Shaman

In the process of compiling the Supply Chains to Admire report for last year’s Supply Chain Insights Global Summit , the research team at Supply Chain Insights calculated the rate of supply chain improvement of companies by industry for the period of 2006-2013 and 2009-2013. We studied this pre and post-recession.

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Synthetic Data and Natural Results

Enterra Insights

Netflix discovered this in 2009 when it released anonymized movie reviews penned by subscribers. That episode is still cited today by academics seeking ways of sifting useful information from data without outing the individuals who provide it. A gay customer sued for breach of privacy; Netflix settled. ”[3].

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. higher than 2020. FastMarkets ). Deloitte Global). AlixPartners).

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Integrated Business Planning: A New Narrative for an Old Process

Supply Chain Trend

Wave 2, Advanced Planning Systems (APS), first adopted in the 1990s, facilitated a forward view of the business, integrated plans with other functions, and optimized supply-chain metrics such as forecast accuracy, inventory holdings, and customer service. Information and process focus, rather than decisions focus. Planning Horizons.