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The following is a 31-minute video of a 2011 lecture I gave at eWorld. 2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities.
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.
This time-stamped evolution allows the Hansen models to: Validate AI scenario stress tests through historical precedent. Agent-Based Heuristics from Real Practitioner Voices Unlike analyst firm data (e.g., Were the risk signals visible earlier based on archived flags? before GenAI became mainstream).
By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In a time of tariff-driven price increases, the platform can help retailers optimize in-season products to reflect active consumer sentiment.
integrates data with smart technology and automation to optimize production, supplychains, and create agility. The term was coined by three German physicians and business leaders and first presented to the public at the Hannover Messe, the worlds largest trade fair for industrial development, in 2011.
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supplychain management. Reminder of Key Definitions – Logistics & SupplyChain Management. and J-P Rodrigue (2004)).
Supplychainvisibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supplychain. By having a clear view of their entire supplychain, businesses can identify potential issues and take steps to mitigate them. million in 2015.
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