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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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Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Stock 2009 said more specific that most researchers believed the term " Supply Chain Management " was introduced by Keith Oliver of Booz Allan Hamilton in 1982 on Financial Times. 5) New Definition. Taking these facts into account, this article has provided clear and concise definition as below, Why is the definition so short?

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

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Unlearning Supply Chain Management

Talking Logistics

A great example is a procurement professional who has spent the last 30 years perfecting the art of “buying.” The Vested methodology teaches that the partnering with strategic suppliers outperforms “buying,” but it is very difficult for procurement professionals to let go of old-school dogmas that focus on price and not value.

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Three Lies and a Truth

Supply Chain Shaman

In 2009, the definition of supply chain resiliency was driven by the impact of the Great Recession. This heightened awareness on business continuity has increased the emphasis on supplier development and is changing the processes in procurement to focus from squeezing costs and terms to building relationships.

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Collaborative Platform for Enterprise of Future - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. This shows that there is a definite inclination towards self-evaluation and constant improvisation and I believe ideas sharing can do wonders in achieving it. Procurement Blog. December 2009. October 2009.

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Supply Chain Management:Maintenance Practice- A standard to be.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is time for some serious introspection but definitely not through the prism of standards. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2009. November 2009.