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Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supplychain models later refined and scaled by Jeff Bezos at Amazon. MODEL 2 Jon W.
Lyle will be sharing his journey as one of the co-founders of ProcurementIQ, and Anthony will be giving his perspective on why, after many years in the industry, he decided to go to school for supplychain. Its making it much harder to plan and strategize for de-risking supplychains.
Download Free Copy Reshoring vs Nearshoring: Key Differences and Business Benefits Category Inventory Written by Lyle Del Vecchio 16 min read Tags Procurement SupplyChain Management Last edited March 12, 2025 Download PDF IN THIS ARTICLE What is Reshoring? Back in 2013, Whirlpool re-shored appliance production to Ohio.
If you want to gain more supplychain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychain analytics books to help you better understand the concepts and strategies behind this vital business field.
Initially perceived as a joke when it was introduced in 2013, MonaCoin has since evolved into a significant player in the cryptocurrency market. The Birth of MonaCoin In December 2013, an individual or group under the pseudonym “Mr. Originally written for SupplyChain Game Changer and published on November 16, 2023.
Are you a supplychain management professional who are looking for inspiring ideas to improve the operations of your supplychain? Background Early this year, I published one article named " 10 Greatest SupplyChain Management Books of All Time ".
Subscribe to SupplyChain Game Changer. Here are some of the crucial tips that can assist you in choosing an optimized bitcoin mining pool. Transparency. The foremost ASIC rig was introduced in the marketplace in the year 2013. Originally written for SupplyChain Game Changer and published on July 20, 2021.
In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supplychain management solutions that simplify warehouse operations, order processing, and transportation. A dependable LSP is an essential factor for corporate development and growth. ” It is still primarily theoretical.
The best way to achieve this is to provide a single, global view of all inventory available in order to intelligently source the line item components of that order, ensuring that the business can meet both current and future customer demand while optimizing inventory, logistics, and asset utilization.
In 2013, Landmark Retail’s financial planning and analysis team faced challenges as they managed financial processes across more than 1200 stores. ” A comprehensive solution to maximize efficiency In Landmark Retail’s search for a capable, user-friendly solution, they turned to IBM® Planning Analytics.
Last week on episode three of our WiseTech Global mini-series, we tackled one of supplychains most difficult, yet most important, topics – risk. One of the many lessons that the pandemic taught us was the importance of ensuring that robust risk management is incorporated into our supplychain strategies.
With another busy year of procurement and supplychain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supplychain industry.
Founded by major ocean carriers, DCSA drives initiatives to make container transportation services transparent, reliable, easy to use, secure, and environmentally friendly. Moller – Maersk, focusing on technology, process optimization, and organizational change. Moller – Maersk, Thomas was part of the founding team of DCSA.
Nearly three years ago, when today’s HOS rules had yet to be implemented, the SupplyChain Collaborator blog looked at some of the ways a logistics IT platform would be useful in mitigating the impact of the proposed new rules. Failure to do so results in poor cost efficiency in transportation. Issue #2 | CSA.
I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. ” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend? Back To Square One?
We see it in something as basic as automatic photo-tagging on Facebook, a process developed by Yann LeCun for the company in 2013. Yes, AI technology isn’t the end but only a means towards effectiveness and efficiency, improved innovative capabilities, and better opportunities. Automation Efficiency and AI.
Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).
From small startups to large, established businesses, container frameworks have proven exceedingly capable of generating stable workflows with optimized runtimes and continuous delivery. Docker containers were originally built around the Docker Engine in 2013 and run according to an application programming interface (API).
Subscribe to SupplyChain Game Changer. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supplychain professionals have been highlighted as an integral part of their organizations. Source: Accenture 2013. “An
In the trucking sector, the biggest change has been the federal government's movement to impose fuel efficiency and greenhouse gas emissions standards on all heavy-duty trucks. This has been a priority of shippers for a long time in order to optimize their supplychains.
By establishing an internal green procurement committee and a guidebook for purchasing energy efficient motors, they were able to mandate a minimum of 30% green procurement and then exceed their own mandate by having 83% of their procurements qualify as “green.” John Ferraro Building Efficiency Case Study. They saved $19.4 NRG Energy.
It automates the entire sourcing cycle, improves compliance and transparency, reduces cycle times, enhances teamwork, and promises a near-immediate return on investment. Kritani’s eSourcing products allow you to build questionnaires, pricing sheets, and auctions, ensuring a high level of compliance and transparency.
As a side note, in a follow-up 2013 and 2023 Procurement Insights post , I talked about companies like Market Dojo, Nipendo, Scout RFP, Tealbook, and several others. What unique benefits can the following ProcureTech solution providers offer to address the above-referenced supplychain challenges: ThroughPut.ai, FlockScore, ProcurEngine.
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