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What is Jon W. Hansen’s description of the learning loopback process for self-learning algorithms? (Post 2 of 3 Today)

Procurement Insights

buyers, suppliers) interacting based on real-world commodity traits (e.g., It prioritizes centralized visibility and departmental empowerment over rigid ERP systems, achieving 23% savings in tests (e.g., supplier performance, tariff costs) to optimize decisions. kg savings, and optimize for Colombias $3.20/kg kg margins).

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Supply Base Optimization: 6 Steps to Ensure Success

Procurify

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. Supply base optimization ensures that you are focusing on working with suppliers that are the most productive and beneficial to your business. .

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

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Why E-invoicing is in Focus Today & How will it Benefit your Business?

Zycus Cognitive Procurement

Although e-Invoicing is not a new technology, its relevance has grown multi-fold in recent times. Having mandated it many years ago (as early as 2014), the American and European markets were the early adopters and have a higher adoption rate by now. Streamlined & efficient processes that reduce the turnaround time .

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Are Black Swan Events Real Or Are They A Product Of Hindsight

Procurement Insights

Patterns repeat , especially when traced across supply chains, political risk, economic policy, and procurement cycles. Why / Why Not COVID-19 Pandemic (2020) Partially Predictable (Gray Swan) SARS, MERS, and H1N1 had already exposed vulnerabilities in global health supply chains and just-in-time logistics.