SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Supplier evaluation is situational.

Suppliers 56

Suppliers Management Quality Import 56

Procurement Insights

OCTOBER 24, 2022

Point #1 – Going back to my 2008 & 2014 posts, McKinsey & Company survey of CFOs found that the C-Suite did not believe that procurement was delivering savings or value to the overall enterprise. 2008/2014 posts – [link]. Also, what buyer behaviors have they rewarded?

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Procurement Heads

FEBRUARY 23, 2023

With application numbers dropping at a far greater rate than vacancies, employers are likely to struggle to source the skills they need in a sector that is already facing acute skills shortages. Elsewhere, the research shows that salaries within the sector have risen by 6.5%

Vendor management 130

Vendor management Influencing Demand Risk management 130

Procurement Insights

JANUARY 22, 2024

– [link] MUSING #2 How agile is your sourcing program? Procurement Insights (2008) NOTE: While the above example deals with an Indirect Procurement Material situation, the same methodology is equally applicable to Direct Materials. (Part 1 of 3) – [link] Are you chasing solutions or solving problems? How Can You Help Us?

Supply Chain Optimization 81

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 81

Procurement Insights

AUGUST 29, 2023

Once again, this was in 2008 or 2009. ” Who Is The Source? If I shared the above with you without investigation the source – which was the same organization for both, that would be a disservice to all of us, myself included. Check them out for yourself, and let me know if they are a reliable source. If not, why?

Procurement 45

Procurement Procurement team Sourcing Price 45

The Procuretech Podcast

MAY 23, 2023

I can relate to this mission, having been a direct materials buyer in the automotive industry before the 2008-09 recession. Sarah ended up working as an intern for a local company in California that did sourcing and procurement in marketing. SourceDay's mission is to ensure that manufacturing companies always get their parts on time.

supply chain software solutions 40

supply chain software solutions Supply chain Procurement Networking 40

Procurement Insights

MAY 14, 2024

– Dangerous Supply Chain Myths (Part 4) June 2008 As an analyst, the general rule of thumb is to cite reference articles of papers that are a maximum of 2 years old. Of course, there are exceptions, but they have to be checked and confirmed for present-day relevance. Practitioners, “Own” Your Success!

Suppliers 58

Suppliers Import Leadership Collaboration 58

Strategic Sourceror

JULY 23, 2022

The shift from gas-powered to electric cars is nothing new – Tesla released its first production model back in 2008, for example – but the increased adoption of commercial vehicles that deliver not only packages but environmental benefits could be a game changer in the supply chain. Around 90% of the U.S.

Supply chain 98

Supply chain Supply Purchasing Strategic sourcing 98

SCMDOJO

MARCH 28, 2023

Initially introduced by Nakamoto in 2008 in his publication on Bitcoin, blockchain technology refers to a decentralized peer-to-peer network that runs behind Bitcoin transactions. They collaborated to trace a bundle of sliced mangoes back to its source, with traditional paper documents taking nearly seven days to complete the task.

Supply Chain Efficiency 110

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 110

Let's Talk Supply Chain

JANUARY 9, 2023

Founded in 2008, TraceGains connects people and information so teams can work smarter. 15.34] A deeper dive into TraceGains Gather, a marketplace that invites customers to “experience sourcing nirvana.”. Today I’m joined by TraceGains , the world’s only networked ingredients marketplace. Let’s just get all these companies to connect.”.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 3, 2022

Yes, Bitcoin is pretty humble in providing everybody the services, and from 2008 on, it is ongoing with Investments. It is fundamental to appreciate the volume of the currency and find the best allocating sources. Bitcoin is a currency that is obtainable at every source and does not restrict customers. Email Address.

Supply Chain Efficiency 90

Supply Chain Efficiency Influencing Supply chain Sourcing 90

Empowering CPO

NOVEMBER 12, 2020

Sourcing roadmap. As per 2008 study by Corporate Executive Board, 12% of total marketing budget goes towards market research. Right kind of data and research along with solid number crunching abilities are very crucial for successful execution of any strategic sourcing process and ongoing category management.

Category management 52

Category management Cost of ownership Procurement Strategic sourcing 52

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. There are some industries we can consider as the early movers in seeing the benefits of a professionalized sourcing function. Revolut and eToro are just two which have seen explosive growth.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

JANUARY 24, 2022

Bitcoin came way back in 2008, while Litecoin came into the market in 2011, three years after BTC. LTC also works on the same source code, like in Bitcoin. If you check the list of some famous and older coins, then Bitcoin and LTC remain on the top. These are regarded as the most popular and recognized ones.

supply chain software solutions 87

supply chain software solutions Networking Price Supply chain 87

Supply Chain Game Changer

MARCH 30, 2022

And an important source of new product ideas for global companies that strive to offer the best customer experience. IBC Bank, in Texas, released its iPhone app back in 2008. Neobanks are building digital-first and mobile-first services. It focuses on a well-developed UX, new models of attraction and monetization.

supply chain software solutions 89

supply chain software solutions Agile and Lean Supply Chain Cost of ownership Supply Chain Efficiency 89

Jaggaer

JANUARY 28, 2019

Research on supply chain following the 2008 economic recession found that supply chain executives took several major steps to deal with the decline, each of which is particularly relevant as we enter 2019. During the 2008 market recession, many companies suffered because they failed to reduce capacity as demand plummeted.

Supply Chain Efficiency 40

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Procurement team 40

ivalua

OCTOBER 31, 2019

global Strategy, Sourcing & Execution's functional area reporting to the Group COO. Steven joined Credit Suisse in 2008 and was the Head of Sourcing & Vendor Management. Steven Schumacher Managing Director. Steven Schumacher is a Managing Director at Credit Suisse where he leads the Bank’s. SVM) since April 2014.

Vendor management 20

Vendor management Change management Sourcing Strategy 20

Procurement Insights

JUNE 24, 2022

Ironically, the first article in this blog about using spreadsheets was a guest post by Glenda Leatherman , a change management consultant, in March 2008. ” Kelly Barner , Market Dojo’s Alun Rafique , and Sourcing Solved’s Iain Campbell McKenna joined me on the panel. ” Guest Author Glenda Leatherman.

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

ivalua

OCTOBER 31, 2019

Steven Schumacher est Directeur Général chez Credit Suisse où il gère le département Strategy, Sourcing & Execution au niveau du groupe et reporte au COO. Steven a rejoint Credit Suisse en 2008 au poste de Head of Sourcing & Vendor Management jusqu’en 2014. Steven Schumacher Directeur Général.

Vendor management 20

Vendor management Sourcing Strategy Management 20

Jaggaer

OCTOBER 22, 2020

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.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

According to McKinsey research , in the five years immediately following the 2008 global financial crisis, total return to shareholders for companies with top-quartile procurement capabilities was 42 percent higher than the companies whose procurement operations were in the bottom quartile.

supply chain budgeting 52

supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52

ivalua

SEPTEMBER 2, 2019

The financial crisis of 2008/9 and a whole range of banking and financial services issues, and occasionally scandals, answered that question. A form arrived on my desk that required us to list some key contracts – I’m not even sure where it came from, to be honest. But it seemed a bit of a cheek, really.

Procurement 140

Procurement Contract Risk Suppliers 140

Empowering CPO

FEBRUARY 20, 2023

Sustainability Savings for Switching from Gravure to Flexographic: For most of the categories sourced by our client, the vendors were using Gravure Printing. Flexographic Printing can be done on a wide variety of absorbent/ non-absorbent substrates.

Procurement 52

Procurement Sustainability Market analysis Suppliers 52

Procurement Heads

JANUARY 25, 2023

BC Ferries has a very aggressive goal to decrease our 2008 emissions levels (baseline year) by 27% by 2030, so what we are doing is working with a few elements to achieve that. We are exploring the potential of alternative sources of energy for our vessels that will shape design decisions.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing Supply chain 130

Zycus Cognitive Procurement

APRIL 4, 2022

After the financial crisis of 2008, companies started to focus on improving their overall value creation to survive the demanding market and economic situation. Organizations leveraging cost savings by expanding their geographic presence and sourcing worldwide incur risk. According to McKinsey, every 3.7

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

Supply Chain Game Changer

JULY 16, 2020

Such information streamlined transactions and improved decision-making, but the ERP data did not initially permit connecting and compiling cross-functional data sources. When the first mobile app marketplace launched in 2008, it only presented 500 offerings within the product categories. Mobile Apps Make Information Portable.

supply chain software solutions 124

supply chain software solutions Supply Chain Efficiency Supply chain Supply 124

Jaggaer

JUNE 9, 2020

supplychain #sourcing [link] pic.twitter.com/40kHrnlbvY. During the 2008 financial crisis, manufacturing companies decreased production. Finally, look for new sources of supply now, before you need them. Get expert recommendations on how to best navigate the current global supply chain challenges.

Procurement strategies 52

Procurement strategies Strategy Management Procurement 52

Supply Chain Game Changer

NOVEMBER 17, 2018

To provide some context my definitions are based on the premise of how far removed the entity performing the logistics processes is from the original source of the finished product. ” here’s some further explanation of 1PL and 2PL. Therefore on the 3plmanager.com blog the following definitions apply: 1st Party Logistics (1PL).

Logistics 52

Logistics Supply chain Supply chain management Supply chain management 52

Barkers Procurement

NOVEMBER 28, 2022

The Climate Change Act was passed in the UK in 2008 and commits to a reduction in greenhouse gas emissions of 80% by 2050, compared to 1990 levels. Source energy from renewable energy providers. In December 2015, the Paris Agreement , a legally binding international treaty on climate change, was adopted by 196 parties.

Ethics 52

Ethics Supply Chain Efficiency Suppliers Supply chain 52

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. In short, Nielsen provides the point of sales data from various retail outlets and gross sales quantity will be summarized. Anyway, the access to this database costs an arm and a leg. References - Moed, H.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain Supply chain management Supply chain management 40

SCMDOJO

FEBRUARY 19, 2024

Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. 2007) According to Abramowich (2008) leading Six Sigma companies no longer just talk about quality or cost reduction. Figure-f: Elements of Critical Factors for a Successful Lean Implementation (source: Achanga et. Hoerl, R.W.,

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 79

Supply Chain Game Changer

JULY 22, 2021

For example, you might be familiar with the fact that bitcoin was unconfined in 2009 and was invented in 2008. August 2008. However, on the 18 th of August 2008, the domain name of bitcoin.org was registered. As per the robust sources on 31 st of October, Satoshi Nakamoto made his first public announcement regarding bitcoin.

supply chain software solutions 98

supply chain software solutions Supply chain Networking Purchasing 98

Supply Chain Brain

JANUARY 15, 2018

Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008. So even those who say they will invest the money wisely might be unable to fully follow through on their plans. The mindset has changed a little bit,” he says.

Consumer demands 40

Consumer demands Demand Inventory Risk 40

ivalua

MAY 17, 2021

Recent research states that the current covid crisis has had a much larger impact in the UK compared to the financial crisis of 2008/9, but it should be recognised that the financial services sector has greater regulatory scrutiny. Compliance is spread across the whole contracting process.

Procurement 130

Procurement Contract Procurement team Sourcing 130

Supply Chain Game Changer

JUNE 21, 2021

Bitcoin was released as a digitalized coinage in the year 2008 at the very first glance. Understanding the Bitcoin Mining Process! The Backbone of Bitcoin Technology article and permission to publish here provided by Jean Nichols.

supply chain software solutions 95

supply chain software solutions Sustainability Supply chain Networking 95

Jaggaer

SEPTEMBER 29, 2020

The financial meltdown of 2008 provided a further impulse. They have had to rethink their sourcing and supply chain strategies, with many inshoring or nearshoring. And now we are seeing it again in the wake of the pandemic and the economic downturn that has followed (for the majority of companies).

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

Jaggaer

JULY 28, 2020

Money has been tight more or less everywhere since the financial crash of 2008 heralded a new age of austerity. “Virtually all procurement professionals have been under pressure to “do more with less,” the demand is particularly intense in public procurement.”. Some departments have seen cuts in spending year on year.

Procurement 75

Procurement Buyers Contract Purchasing 75