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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

United States Inflation Rates and GDP Inflation is the highest in forty years. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. In the survey, 48% of companies were driving digital transformation, but the only element that improved performance was descriptive analytics.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

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The Fallacy of the Self-driving Supply Chain

Supply Chain Shaman

Headline news that day was Theranos’, once-Silicon Valley star Elizabeth Holmes, 38, sentenced to over 11 years in prison by a United States District Court for defrauding investors of her firm to revolutionize blood-testing technology. Happy thanksgiving to those in the United States. Are the plans executed?

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The State of the Trucking Market in 2021

GlobalTranz

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 Predictive analytics makes predictions about future outcomes based on historical data, statistical modeling, and machine learning.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

The partnership accelerates procurement digital transformation with Ivalua. REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.