Remove 2007 Remove Sourcing Remove Supply chain resilience
article thumbnail

What is Jon W. Hansen’s description of the learning loopback process for self-learning algorithms? (Post 2 of 3 Today)

Procurement Insights

Hansens Context and the Absence of a Learning Loopback Process Metaprise Model Overview: Hansens Agent-based Metaprise model (2007 post) uses autonomous agents to represent stakeholders (e.g., unit, source coffee from Ethiopia at $4/kg) based on current data, prioritizing cost and quality. shift cosmetics packaging to Vietnam at $0.22/unit,

article thumbnail

Procurement Insights Service Offering ROI

Procurement Insights

His Procurement Insights blog, active since 2007, has over 14,700 followers, and hes authored nearly 3,000 articles, five books, and hosted over 900 episodes of the PI Window on The World Show. In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. 5M in savings.