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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

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The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization.

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Companies knew this, which is why 93% of senior supply chain leaders surveyed in May 2020 by consulting firm McKinsey planned to increase inventories of key products and materials while also diversifying their supply base and localizing or regionalizing both supply and production. A change to one link (e.g. on-time delivery).

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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective.

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Why e Procurement Systems are the Secret Weapon for Public Sector

ivalua

Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

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Supply Chain Matters Last Week in Supply Chain Tech March 27 2023

Supply Chain Matters

Raleigh, North Carolina based First Citizens , is ranked as the 30 th largest U.S. The bank will reportedly purchase $119 billion in deposits and upwards of $72 billion in existing SVB loans. The survey, conducted by Salesforce , reportedly sought the opinions of 10,000 CIO ’s and business leaders.

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Uncovering New Sources of Revenue in the Public Sector

ivalua

Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. Early pioneers of this approach include the states of Florida, North Carolina, and Virginia. Step 3: Drive Value with State Procurement Agreements.