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Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
In the July 2008 Procurement Insights post Procurement considerations when dealing with a merger? (A What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology? If it did, then 85% of all e-procurement and supplychain initiatives would not fail.
While Hansen’s models are not yet mainstream, they are critical for organizations targeting 25–35% higher ROI through agility and human-AI collaboration. The future likely involves hybrid adoption, blending Hansen’s process-centric agility with Gartner’s structural rigor. Legacy Limitations : 45–60% of solutions (e.g.,
Impact of Globalization and SupplyChain Complexity : The complexity of global supplychains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CFOs began to see procurement as critical to business continuity and organizational agility.
White Paper: Projected Adoption of Hansen Fit Technologies (2025–2075) Abstract This white paper outlines the projected adoption trajectories and anticipated impacts of Hansen’s Metaprise, agent-based automation, and strand commonality models in procurement and supplychains.
It also reminded me of a 2008 article I had written on the Procurement Insights blog titled Procurement considerations when dealing with a merger? What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology?
For instance, optimizing compressor operations in industrial refrigeration through load shifting can lead to energy savings of up to 20%. Initially catering to corporate clients, USM shifted focus during the 2008 recession to address residential needs, highlighting the versatility of its modular products.
7 ProPurchaser 2008 Started in 2008, newer but focused on negotiation tools. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supplychain analytics. 4 Zycus 1998 Founded in 1998, a veteran in cognitive procurement solutions.
Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.
MUSING #1 In the age of information, it’s surprising that supplychain digital transformation isn’t as readily available as one would expect. – [link] MUSING #2 How agile is your sourcing program? Are you optimizing your negotiations amidst all of the chaos? Have you ever wondered why?
Subscribe to SupplyChain Game Changer. Duration of disruption may last around for 3 years down the line but alternative scenarios range from one to five years, Disruption still underway if HSFO-LSFO spread incentivizes previously uneconomic refinery optimization. Subscribe Here! Email Address. & Why now? m/m of Sulphur cap.
Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.
In 2025, it marks the successful integration of the Similarity Heuristic, Iterative Model, and Semantic Layer, elevating procurement and supplychain practices to a new level. Iterative Model A problem-solving framework that relies on repeating cycles of planning, testing, evaluating, and refining until an optimal result is achieved.
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