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Supplychains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable.
Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supplychain models later refined and scaled by Jeff Bezos at Amazon. MODEL 2 Jon W.
Jon Hansen, Procurement Insights (1998 to 2025) Context: DND Implementation and Self-Learning Algorithms DND Background: Hansens DND project (1998-2005) transformed procurement for Canadas Department of National Defence, streamlining purchasing (e.g., supplier vetting patterns) to ensure cleaned data to optimize desired outcomes.
Today Im joined by Premier Trailer Leasing driven by integrity, theyve been on the road since 2005. 7 execs weigh in SupplyChain Dive , or 429: Women In SupplyChain, Kameel Gaines. Check out our other podcasts HERE.
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.
To optimize operations, reducecosts, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducingcost.
While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – JIT deliveries cause congestion in the supplychain which leads to delays, pollution, shortage of workers, etc.
Better guidance and support within P2P ‘Guided Buying’ is a concept introduced in 2005 (actually, by one of the authors of this piece, Pierre Mitchell) many years before SAP launched a capability by the same name that helped with basic user guidance, search and ‘smart forms’ to go beyond free-text requisitions. using RAG ).
Examples of an aspirational planning goal or BHAG can be: ‘our 6-month EBIT outlook will be within 2% error margin’, ‘we will decimate our budget cycle time’. ‘80% They both run their operations mostly on customer orders and hardly use other planning and forecasting than the yearly budget plan and financial outlooks.
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