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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

Historically, the role of Procurement has been regarded as being exclusively aligned with cost management and supplier management , which is only part of the full picture. However once the virus subsides and supply chains begin to recover, businesses may again lose sight of the true value of strategic Procurement. .

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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. By Maha Muzumdar. Original version published in APICS Extra , July 2010.

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Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

” In 2009, I moved into the supply chain area, and worked with Rob in understanding how to apply analytics with a procurement focus. I then moved over to work in Biogen’s first small molecule site at Eisai, and now am the General Manager of our largest manufacturing site in RTP. Porter Five Forces comes into play.

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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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Supply Chain Digest Presents the Best in Supply Chain Content.

Supply Chain Digest

Order Management Systems. Service Parts Management. Supplier Management. Transportation Management Syst. Content Being Accessed: Supply Chain Digest Letter on Supply Chain Performance Management. The electronic version of the 16-page Supply Chain Digest Letter on Supply Chain Performance Management 2009.

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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. The LogicTools LogicNet tool was already a quality Supply Chain Network Strategy product in 2007 when acquired by ILOG which company IBM acquired two years later in 2009.