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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

Leading Procurement organizations who had the right procurement processes and supply chain technologies in place were able to mitigate the impact of that disruption by staying agile and providing businesses with the supply chain data they needed to make rapid, informed business-decisions. You can download Gartner’s full report here.

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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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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

The S&P Global Taiwan Manufacturing PMI® i ndex was reported as its lowest level since 2009 by the end of October 2022 while the S&P global Eurozone Manufacturing PMI® fell to a 29-month low. Leasing indicators for both reflected lowering levels of business optimism. .

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Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

I love data and analytics that create insights into processes and approaches.” ” In 2009, I moved into the supply chain area, and worked with Rob in understanding how to apply analytics with a procurement focus. In 2009 we were $2B, and suddenly had five new drugs approved in two years.

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IBM Beefing Up for Matrix Commerce in 2012

Supply Chain Network

Improved supplier management, spend analysis and contract management. Automation of vendor selection, negotiation, management and compliance. New navigation structure to understand context and relationships of data tables, for faster model building and scenario comparison.

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Good Times Can Be Dangerous to Supply Chain Operations

Logility

A consequence of long periods of economic growth, like the one we just had from June 2009 until March 2020, is that many members of the supply chain team have only experienced managing a supply chain during growth. Purchasing and Supplier Management: Growth often requires additional suppliers.

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HICX raises $30M to help companies optimize supplier experience

HICX Solutions

HICX’s low-code/no-code SaaS platform and applications enable large companies full visibility into their supplier ecosystems and interactions, building resilient and competitive supply chains. HICX helps Global 5000 companies to take control of their supplier data and to deliver a great supplier experience.