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The Science and the Art of Procurement

ivalua

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.

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Do You Need a Graph?

Supply Chain Shaman

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. I term this our data jail. An ontology is a graph database use case.

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

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Grocery Shopping and the Art of War

Enterra Insights

In Chicago, a local market is running short of canned goods and boxed items. He notes, “What the ancients called a clever shopper is one who not only shops, but excels in shopping with ease.” Current supply chain snarls have resulted in spotty shortages and hoarding that means careful planning is the order of the day.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

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Podcast: Susie Bodnar on the CSCMP and the New Directional Shifts in Supply Chain

Requis

She is VP of Membership for the CSCMP Chicago Roundtable and was the 2019 CSCMP Edge conference chair. It’s not just about procurement or warehousing, we go all the way to reverse logistics. Now we’re developing some excellent online platforms. What’s different about Edge is the end-to-end perspective.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Match invoices to shipping log You’ll want to double check your purchase orders or invoices against your shipping log to make sure there aren’t any discrepancies. 3PLs like ShipBob help with this. “We