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When it comes to blockchain, AI, and algorithms for procurement, “there is nothing new under the sun!”

Procurement Insights

In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies originating on the front lines. This is the cornerstone of agent-based modeling.

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

In this blog : a new role for supply chain planners. Similar to the continuous automation of physical assets in the supply chain over the last 100 years, we’ve now reached the era where the knowledge worker will be augmented or automated by a machine. Supply chain planners and IBP teams will not escape this evolution.

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What is vegetation management? 

IBM Supply Chain Blog

The 2003 blackout mentioned earlier wasn’t an isolated case; in some regions, vegetation causes up to half of the power outages, and in the US, this figure reaches as high as 92% , as reported by the Federal Energy Commission. To do so, they need to develop a more efficient and cost-effective vegetation management planning system.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality. – JIT deliveries cause congestion in the supply chain which leads to delays, pollution, shortage of workers, etc. – Lastly, Not applicable to all industries.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).

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Identifying and Mitigating Supply Chain Risk in the Age of COVID-19

Jaggaer

With an ever more connected global economy, and almost instantaneous n ews transmission, the impact of global health has multiplied since the last global (SARS) epidemic in 2003. Identifying Supply Chain Risk Amidst the Chaos . S upply chain risk, in a global pandemic scenario , has five defining characteristics : .