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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. The pairs of equal opposites attract and complement each other” ( worldhistory.org 2018 ). Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction.

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A New Decade: Give Science A Chance

Supply Chain Shaman

This was the case for the client stories that I will share in this blog. An example for this client would be to use 2017 and 2018 history to forecast 2019. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. that they cannot answer these simple questions.

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7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

This blog post formed in my head as I worked with clients this month. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

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The New Age of Negotiation!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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The Coming Age of Cognitive Supply Chains

Enterra Insights

” Alex Saric ( @alexsaric ), a procurement expert at Ivalua, told Eason, “There is a huge appetite to develop cognitive supply chains, which is only set to increase as more success stories come to light. ” Sprint Logistics Blog, 27 March 2020. [3] ” Logility Blog, 17 June 2020. [5] ” Start small.

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Data Quality Is Critical To The Supply Chain Function – Did Someone Forget To Ask?

NC State SCRC

This blog post is co-written by my colleague Joseph Yacura, who came up with the brilliant idea when we were chatting yesterday! In addition, 20% more respondents in 2018 emphasized that they are spending more than one-quarter of their day searching for data, a significant increase over 2017.

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