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Procurement needs to follow in the steps of marketing

Supply Chain View from the Field

We need to back away from the standard 2 X 2 matrix approach, and recognize the importance and magnitude of the risk that needs to be documented in the supply chain. Procurement is the only platform in the company that has an end to end horizontal view of the supply chain.

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Future of Procurement Study Available

Supply Chain View from the Field

Modern enterprises are faced with a massive new set of challenges, including the forces of globalization, increased risk, complex supply chains, and the spread of government regulation on decision-making, not to mention the tremendous strain of man’s presence on the earth’s natural resources.

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MBA Supply Management Class Prepares Exciting New Set of Projects for Fall 2016

NC State SCRC

Contract Management Process Documentation & Knowledge Sharing Currently, contract management group processes are not well defined or documented. There is an opportunity to simplify and standardize the processes further through the documentation process.

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Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

0.25. § Supply intelligence and supplier analysis are documented. § Supply intelligence is integrated into category strategies, but results are not well understood or studied. § Supplier analysis is basically historical. § Category teams are formed, although team goals may not be clearly defined.

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Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

Other blogs on the LIVING (Live, Interactive, Velocity, Intelligent, Networked, Good) Supply Chain also note some of the major shifts that will be required.