article thumbnail

Do the MRO trends of the 2004 Acres of Diamonds paper endure in 2025?

Procurement Insights

In 2004, I wrote a paper called Acres of Diamonds, in which I first introduced the concept of two commodity characteristics: Dynamic Flux and Historic Flatline. QUESTION 1: How do indirect MRO parts pricing trends compare to direct materials over time? Sensors & Switches, Industrial Valves, Electric Motors, Bearings, etc.)

Price 75
article thumbnail

Dove’s Real Beauty Campaign: Evolution of a Social Message

Art of Procurement

In 2004, Dove revolutionized skincare marketing by launching their ‘Real Beauty’ Campaign. Celebrated for the decision to represent women of. The post Dove’s Real Beauty Campaign: Evolution of a Social Message appeared first on Art of Procurement.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Measuring Transportation Vehicle Utilization: The KPIs

SCMDOJO

Research indicates that a significant portion of a truck’s time is spent idle or empty (McKinnon and Ge, 2004; IGD, 2003). Food Transport KPI Survey 2004. However, it requires specific data that might not be readily available. Road Freight Transport and the Environment. Supply Chain Benchmarking 2003. Kearney, A. Mackie, P.

article thumbnail

Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

Price 126
article thumbnail

Supplier Diversity Part II: Supplier Diversity on the World Stage

ivalua

Since 2004, Canada has benefited from the establishment of the Canadian Aboriginal and Minority Supplier Council (CAMSC) that has worked tirelessly to ” facilitate business relationships with Canadian corporations and supplier organizations owned by Aboriginals and minorities.” Agile Procurement in Canada.

Suppliers 130
article thumbnail

If AI replaces spreadsheets, what will eventually replace AI for procurement?

Procurement Insights

” In 2025, I will say the same thing I did in 2004: you don’t have to wait until 2075 to effect “immediate and beneficial change in your procurement practice.” ” The best way to do that is to stop chasing the technology and start using it within the framework of a human-led, agent-based Metaprise model.

article thumbnail

Rosslyn: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

Rosslyn has been a player in the spend analytics space since 2004, and it is one of the only publicly traded companies in the space. They transform raw data into actionable intelligence, enabling businesses to make informed decisions, uncover savings opportunities and mitigate risks. Rosslyn provides one such solution.