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Is Procurement Drowning in Data?

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Is Procurement drowning in data?

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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumers have power.

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The Top 10 Supply Chain Blog Posts from 2017

GlobalTranz

We will feature over the next 4 business days each category's most viewed posts over the course of 2017. These will only contain posts written in 2017. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone. The Top 10 Supply Chain Blog Posts from 2017. Share This: Read More. [e-Book]

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Getting Ready for 2017: Reflections on Telling Lies

Supply Chain Shaman

The data collection, and primary research, took place over a couple of years. In practice I see many companies improving their forecasts, but not using the forecast data to improve supply chain processes and drive better outcomes. The second was the overstatement of the importance of ERP data to planning. The issue? Reflections.

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Procurement Perspectives In Year 2017

CormSquare

Procurement too is not untouched from these changes, but the question is how? We have been seeing over the years that procurement executives keep on surveying and conducting researches that the function continues to transform itself but it will have to adapt to these wider changes if it wants to continue to deliver.

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AI + Data = Supply Chain Risk Management!

Supply Chain Game Changer

As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. For example, robots performing key process steps in manufacturing plants” ( arkieva.com 2017 ).