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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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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 is a cryptocurrency, whereas ethereum opens a source blockchain model having the token named ether.

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My Vision for Supply Chain 2020? Deep Integration!

Arkieva

The question was how I imagine the Supply Chain in 2020. Sourcing in low cost countries could lower cost but increases inventories and inventory risk (write-offs). The financial crisis of 2008-2009 has given a major push to do more with less. This will ensure we keep moving to the next level as we’re marching to 2020.

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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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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

THE TRADITIONAL FOCUS ON INFORMATION, NOT DECISIONS. Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. In our 2021 Foresight article , Hein Regeer and I suggest a new set of IBP concepts and assumptions.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

THE TRADITIONAL FOCUS ON INFORMATION, NOT DECISIONS In the evolution of IBP, there has been a lot of focus on the sequential planning process, meeting schedule, and planning capability. Narrow Framing : poor framing is the most common and value destructive source of decision failures, with narrow framing the most problematic frame trap.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

In this blog : A Need for Decision Centricity THE TRADITIONAL FOCUS ON INFORMATION, NOT DECISIONS In the evolution of IBP, there has been a lot of focus on the sequential planning process, meeting schedule, and planning capability. With a bias for action and quick results, we choose a frame that is too limited.