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

Procurement Insights

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.

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Zoom in on Reputational Risk

Spend Matters

Regarding that matter, several international organizations and countries have issued directives and laws: UN Guiding Principles on Business and Human Rights (2011) includes a set of recommendations for companies to prevent harm and abuses through their activities. OECD Due Diligence Guidance (2011) covers responsible sourcing practices.

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

SCMDOJO

As a result, it remained profitable, gained market share, and became a leading example of recession-resilient supply chain management (Saxena & Sharma, 2011). Diversify and Strengthen Your Supplier Network for Reliable Sourcing Overreliance on a single supplier or geographic region increases vulnerability during economic disruptions.

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Rittal, Electrical Enclosure Specialist, Confirms JAGGAER to Streamline Procurement, Increase Transparency, and Enhance Compliance

Jaggaer

From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER’s solutions support Rittal in optimizing its procurement processes. The company, headquartered in Herborn, Hesse, initially selected JAGGAERs platform JAGGAER ONE in 2011.

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20 Years Of Procurement And Spreadsheets: An Accelerated Decline?

Procurement Insights

Sourcing Innovation (launched 2006) notes their prevalence. Strategic Sourceror (2008) cites spreadsheets for sourcing analytics. 2011 95% Cloud-based ProcureTech gained traction, but spreadsheets were entrenched. Microsoft Offices ubiquity (Excel launched 1987) ensured near-universal adoption.

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Embracing the Future: How Manufacturing 4.0 is Transforming Industry

Jaggaer

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. relies on data, integrating diverse datasets from various sources requires robust systems to harmonize information and extract meaningful insights.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

One boasting point worth noting – Petro says that, via crowdsourced gaming technology, First Insight identified the gown Kate Middleton wore to her 2011 wedding to Britain’s Prince William before she revealed it on the big day. “We We can help you understand what people actually want,” Petro says.

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