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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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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. The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The result? The reason?

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Data Privacy Day 2024

Enterra Insights

In 2009, the United States House of Representatives officially recognized National Data Privacy Day. This data ranges from your interests and purchases to your online behaviors, and it is collected by websites, apps, devices, services, and companies all around the globe. Show people what they get in return for sharing their data.

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The Cash Flow and Overstock Report: Potential USD$142,000 windfall from tighter stock control

Unleashed

Jump to the report findings Stock that firms need vs stock that firms hold Using industry-standard calculations that determine ideal stock levels using rate of sale and lead time data, Unleashed found that over the last 12 months the average firm held USD$142,000 of stock over and above what they’d actually needed in that year.

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Trends 2023: Retail

Enterra Insights

Jocz noted, “Purchases depend on consumers’ having disposable income, feeling confident about their future, trusting in business and the economy, and embracing lifestyles and values that encourage consumption. Journalist Audrey Kemp reports that changing consumer behavior has permanently affected omnichannel operations.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Morgan Global Manufacturing PMI® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. The report authors noted the first drop in manufacturing output since June 2020.

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Rivian’s Missed 2022 Production Performance and Executive Turnover

Supply Chain Matters

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. The EV auto maker’s original commitment at the start of 2022 was to produce 50,000 vehicles, but that was cut at mid-year.