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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Informational Technology groups reporting to the Chief Financial Officer. Over the last decade, the CIO’s office reporting structure shifted to report to the CFO. Belief in efficient procurement. Mistake #2.

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

In general the ERP technology providers underperformed, and the investment was an opportunity cost to the adoption of new forms of analytics and building effective business networks. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

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Textiles 2030: Purpose is the new luxury for the fashion industry

Proxima

Textile 2030 is a ground-breaking initiative launched by UK sustainability leaders to drive the fashion industry towards systemic change and increased circularity. Rethinking procurement. As we transition to a low carbon and sustainable economy, a step-change is required from the fashion industry in the commercial models they adopt.

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The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

Gartner purchased the firm in 2010.) I did not think that anyone had a clear definition of supply chain excellence. My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Using new technologies in traditional process definitions reduces the potential for value enablement.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.