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What can the great North American blackout of 2003 teach us about supply chain complexity, vulnerability, and resiliency

Procurement Insights

Here is an excerpt explaining the cause of the 2003 blackout: “A series of faults caused by tree branches touching power lines in Ohio, which were then complicated by human error, software problems, and equipment failures.” There is a lot to “unpack” here, David Shillingford.

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The National Program of IT as the Alter-Ego of Procurement

The Good Spending

Politicians set the duration of the program at two years and nine months from April 2003 until December 2005. In May 2003, potential bidders were given a 500-page document called a draft output-based specification and told to respond within five weeks. Given the extent of the proposals, that was a ludicrous timetable.

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Who Is The “ONE” Missing From The Deloitte Solution Map?

Procurement Insights

Here are the results of developing and using an agent-based model in the late 1990s: “By August 2003, a full production program was introduced and successfully tested. (In While they don’t use the same terminology, they are actually discussing using an agent-based model rather than a traditional equation-based model. ” 30

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

This on-demand electronic sourcing service offering developed by CKS for over fifteen years is particularly popular within the automotive industry. Learn more at www.ivalua.com.

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Are you chasing solutions or solving problems? (Part 1 of 3)

Procurement Insights

In many previous posts , I shared the following results of an agent-based approach to technology creation and implementation: “In August 2003, the new technology successfully went live in a production environment for the DND. It is an on-the-ground, in-the-trenches reality.

Quality 69
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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. Figure 1 : Demand & supply balancing decisions in an IBP cycle. Both save time for the planner and increase responsiveness in IBP decision making.

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Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

Supply chains are a derived demand and so anything and everything can impact it. Provider in ASIA in 2003 & 2004, In 2008, the Society won the Supply Chain Asia Education. US-China trade tensions, Brexit, natural disasters and now the coronavirus are all factors that should be important to any supply chain professional.