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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.
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. Neil Southern, 2011).
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Over time, the use of the software was gradually extended to other modules.
Current logistics and supplychain management trends are discussed very often on social media sites. In the year 2000, Journal of Business Logistics published the article named " Ten Mega-Trends That Will Revolutionize SupplyChain Logistics ". How can we identify them really? What''s Next?
Food shippers have grown increasingly reliant on supplychain logistics IT solutions over the last decade and for a number of reasons. The number of food producers adopting softwaresolutions like TMS, YMS, WMS, optimizers and others – from agricultural concerns to processors to retailers – continues to grow.
COUPA PERFORMANCE POST THOMA BRAVO ACQUISITION Based on the available data for Coupa Software (acquired by Thoma Bravo in February 2023), we can observe distinct performance patterns before and after acquisition in three critical areas: Revenue Growth Pre-Acquisition: Coupa experienced strong revenue growth from $50.8
Ivalua is a leading provider of cloud-based Spend Management software. Since 2011, Optis Consulting has served Fortune-level and high-growth clients across North America since 2011 in pursuit of Source-to-Pay excellence.To More information is available at www.fcl.crs and www.co-op.crs. About Ivalua. About TealBook.
As you’ll see, this leads to incredibly innovative outcomes, such as a cloud platform for commercial supplychains being used to rapidly develop applications for the U.S. As long ago as 2011, Gartner was already proclaiming it to be “the year of PaaS”, and since then the concept has only grown more important. Multi-tenancy.
As a result, they avoided the trap of eVA becoming a software project, as Bob put it, and were thereby able to shift the emphasis from an exercise in cost justification to one of process understanding and refinement. There is more to e-procurement than software! By the way, here is the link to the eVA site: [link].)
Origins of ERP ERP is a software system that helps organizations streamline their core business processes. In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supplychain management, payroll, and HR. In this article, we discuss most of the leading ERP systems.
They are made up of physical components such as sensors and actuators, and software and network technologies. IoT devices are equipped with sensors, software and other technologies. in 2011) as a top-down strategic initiative to promote digital transformation in industry. The Future of Discrete Manufacturing Industry 4.0
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.
Supplychain visibility 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, up from $1.9
As you’ll see, this leads to incredibly innovative outcomes, such as a cloud platform for commercial supplychains being used to rapidly develop applications for the U.S. As long ago as 2011, Gartner was already proclaiming it to be “the year of PaaS”, and since then the concept has only grown more important. Multi-tenancy.
This week we're talking about supplychains. More specifically, where does the line lie between procurement and supplychain? Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? He says yes, definitely.
Solution: Route optimization software: Utilizing software that optimizes delivery routes can minimize travel distances and improve vehicle fill rates, even with smaller loads [1]. SupplyChain Management: Logistics, Planning, and Collaboration. Key Constraints / Issues for Vehicle Utilisation. Routledge. [3]
Subscribe to SupplyChain Game Changer. Litecoin is a peer-to-peer currency with open-source software. Litecoin is open-source software that was introduced in the license of MIT/X11. And it was introduced in October 2011 as an altcoin. appeared first on SupplyChain Game Changer™. Subscribe Here!
Subscribe to SupplyChain Game Changer. Bitcoin came way back in 2008, while Litecoin came into the market in 2011, three years after BTC. Bitcoin came way back in 2008, while Litecoin came into the market in 2011, three years after BTC. appeared first on SupplyChain Game Changer™. Subscribe Here!
When Gartner’s name came up during a recent conversation, I was immediately reminded of this post I wrote – including a short video in 2011. was recently named a leader in supplychain planning for its commitment to a streamlined approach to its logistics and supplychain, especially in regards to its technology operations.
To Make S&OP Work, We’ll Need New Software. Their orientation is on supplychain, but there are needs for S&OP as a business-governing model in other areas. In his experiments on cooperative behaviour, Yochai Benkler (2011) found that 30% of people behave as though they are selfish.
Launched in 2011, Litecoin was part of the first set of cryptocurrencies after Bitcoin. The decentralized software platform launched in 2015. Infographic) appeared first on SupplyChain Game Changer™. This article will help to correct that misnomer by listing eight other major cryptocurrencies apart from Bitcoin.
Celestica, a multinational company specializing in design, manufacturing and supplychainsolutions, reduced its dependence on natural gas by transitioning to geothermal power at its facility in Oradea, Romania. link resides outside ibm.com), IPCC, 2011. [2] link resides outside ibm.com), IPCC, 2011. [4]”
In the November 3rd, 2023, SupplyChain Game Changer article “How SupplyChain Innovation Propels Startups to Unicorn Status!” ” – Procurement Insights (May 2011) How many service providers today offer a “guaranteed” return? Choosing The Right Unicorn (Service Provider)?
For example, the IBM Pathways program created in 2011 to increase the diversity of our technical leadership and executive teams. In 2022, we worked with over 10,000 suppliers of hardware, software, and services, and continued to promote social responsibility among our global supply networks.
Subscribe to SupplyChain Game Changer. Mining requires a particular piece of software used to solve mathematical puzzles, validating legal blocking transactions. A hard fork happens when members of the crypto-currency community disagree, usually with software changes in the network. Subscribe Here! Email Address.
After giving several interviews with the local media asking for my assessment, I wrote the final post on the topic in June 2011. For example, I chaired the Summit Roundtable on the Canadian government’s post-Way Forward autopsy. From a government procurement standpoint, September should be an exciting and insightful month.
We earned over 100 software patents (24 with my name), secured leadership positions in 150+ analyst reports, and went toe-to-toe with SAP! Having built up and sold my software company in 2001, I understood the need for economy and how the big analyst firms charged a staggering amount to get coverage and exposure in the industry.
Back in 2011 (see – told you I was old) the film “Moneyball” showed us how the Oakland A’s built a super-competitive sports franchise on analytics, essentially “competing on analytics”, within relevant business parameters of a major league baseball franchise. So beware of the old addage, “Garbage in. Garbage out.”
Posted on August 22, 2011 (Original post date May 2007) Dangerous SupplyChain Myths Revisited (Part 7): Enabling Technology – The Emergence of the Metaprise Each day for the next seven days I will be posting parts 1 through 7 from what is considered to be one of the most popular series in the Procurement Insights Blog’s history.
Today, everyone from gamers and video editors to software start-up executives launching apps in the cloud are demanding faster solutions for data storage. SATA use cases Legacy components: SATA is “backward compatible,” meaning it can be safely used with older hardware and software.
By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supplychain resilience. Importance and Impact on the Organization – Delivery metrics are vital for maintaining a smooth and efficient supplychain.
In 2011, IBM launched an internal carbon pricing program that used ESG data to set prices for carbon emissions. There are a few ESG solutions on the market today to help you get started, but you don’t need to invest in ESG products to do it. Start by keeping closer track of your procurement data across your supplychain.
nShockwaves were sent through the procurement software industry last December when the Coupa software acquisition was announced. Aside from the obviously devastating blow this is to their former employees, what is the wider and longer lasting impact of Coupa’s acquisition on the procurement software industry?
Anointed by Steve Jobs to take over as CEO in Aug 2011, he was one of very few CPOs who’s made the ultimate career step. Very few CEOs come from Procurement or SupplyChain. SupplyChain should become one of the top agenda items on board level meetings. CPOs need to have a presence on executive boards.
Malware , a portmanteau of “malicious software,” refers to any software, code, or computer program intentionally designed to cause harm to a computer system or its users. Adware: Considered to be mostly harmless, adware is typically found bundled with free software and spams users with unwanted pop-ups or other ads.
Needs of the Procurement Industry and Practitioners in 2025 Procurement professionals today face complex challenges: Tariff Mitigation and SupplyChain Disruptions: With ongoing U.S.-China Gartner serves 14,000 enterprises globally, including procurement and supplychain leaders. Hansens 2011 Oracle critique).
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