Remove 2008 Remove Suppliers Remove Supply Chain Efficiency
article thumbnail

More Than 25 Years Later – How Good Things Come To Those Who Never Give Up (And Rock A Few Boat Along The Way)

Procurement Insights

Identifying these hidden connections allows for a collective influence on desired outcomes, enhancing strategic planning and operational efficiency. Over the course of the last 12 months, the platform processed more than US$107bn in spend across a vast pool of suppliers surpassing more than four million.

article thumbnail

From Candy To Kidneys: The Impact of Spinoffs And M&As On Procurement And Supply Chain

Procurement Insights

In the July 2008 Procurement Insights post Procurement considerations when dealing with a merger? (A Unfortunately, an extemporal supply base was a byproduct of the transactions, leaving the acquiring company with a highly suspicious, deeply segmented group of suppliers. FROM CANDY.

professionals

Sign Up for our Newsletter

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

article thumbnail

Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Supply chains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

article thumbnail

What are the top 10 procurement predictions for 2030?

Procurement Insights

This integration will streamline strategic sourcing, reducing cycle times and enhancing efficiency. Ensuring data security across the supply chain will become paramount, with procurement professionals playing a key role in safeguarding against cyber threats. Resilient Workforce 2009 – [link] 10.

article thumbnail

Which ProcureTech Solution Providers Are Moving Ahead And Which May Be Falling Behind?

Procurement Insights

ORO Labs’ Supplier 360). Success Metrics : 20–35% efficiency gains and 15–25% cost savings in dynamic environments. Critical Gaps Explicit Recognition : No major provider brands solutions as “Metaprise,” but ConvergentIS, Focal Point come closest with agent-based architectures.

article thumbnail

2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

article thumbnail

The Oldest Procurement Blogs in the Procurement Industry

Procurement Insights

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Content: Features posts on global sourcing, supplier ethics, and AIs role in procurement.