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When we talk about reputational risk, we refer to damage to a company’s name or brand resulting from the negative actions (inadvertent or not) of a top-tier supplier or sub-tier part of the supplychain. Find our in-depth guide to third-party and supplychain risk management with accompanying free download here.
Subscribe The Single Point of Failure in SupplyChain – Semiconductor Fabrication! My fear is that SupplyChain leaders are getting lazy. But I do mean lazy in terms of making the strategic improvements necessary to create more robust and resilient SupplyChains. The result was 205.8
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.
Organizations aiming to transform their procurement processes (for more lucrative supplier relationships, improved decision making, faster workflows, risk mitigation and overall efficiency – the list goes on) are investing heavily in digital automation and AI-powered solutions. Disruptions from tech advancements have also forced a reaction.
Noticeable growth started after 2015, with pilot projects and early implementations. AI Adoption in Procurement (Red Line): Minimal before 2015, then rapid growth-reaching 70% by 2025. Spreadsheets became a near-universal tool in business and procurement by the mid-2010s. Continues to rise, reaching approximately 95% adoption by 2075.
” Ask Chat GPT 4 simple questions, and then tell me why maps and quadrants and solution provider logos matter: What were the top 10 procuretech solutions in 1995, 2005, 2015, and 2025? Significance : Baan’s software emphasized integration across the supplychain, including procurement processes.
Between 2007 and 2025, Procurement Insights archives reflect a remarkable evolution in the procurement and supplychain industry—from basic cost and operational concerns to strategic, tech-driven, and resilience-oriented priorities. Frequent posts on Black Swan events , ethical procurement , and supplychain myths in early 2025.
9 Lytica 2015 Established in 2015, a newer player in supplychain analytics. Rank Provider Top Reason Reasoning 1 Zycus AI-driven cost transparency Merlin AI Suites autonomous negotiation and $28M savings potential stand out for should-cost. 10 Archlet 2019 Youngest, founded in 2019, reflecting its startup status.
Founded in 2015 and headquartered in the San Francisco Bay Area (Saratoga, CA), Certa has quickly established itself as a digital backbone for managing supplier, customer, and partner relationships across all risk domains and lifecycle stages. This lack of transparency can undermine trust and complicate regulatory audits.
in 2015 and climbing steadily to $1.21B by 2025 – representing extraordinary growth as the company established itself as a leader in the spend management space. Profitability (Green Line): The normalized profit line reveals Coupa operated at a loss for many years (2015-2022), with losses deepening to their worst point in 2022 (-$379M).
Hansen was publicly referencing and implementing AI concepts in the late 1990s , notably through “advanced self-learning algorithms” in procurement and supplychain applications. In summary: Gartners analyst headcount and revenue have grown steadily every five years, with particularly rapid expansion after 2015.
So, here is the question you should be asking: How do we know that the Hansen Fit Score, which is ranked 1st for transparency compared to other models like Gartner’s Magic Quadrant and Spend Matters’ Solution Map, is accurate? Today’s post will answer that question.
Impact: One of the most cited IT procurement disasters, costing stakeholders hundreds of millions and disrupting healthcare supplychains. By 2015, despite $75 million in funding, its initial rollout flounderedclients like the UKs NHS abandoned it due to usability issues and slow adoption.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. Dive Brief: Mars has reduced greenhouse gas emissions across its supplychain by 16.4% 18, 2005, in Sydney, Australia.
Mitchell, Spend Matters Chief Research Officer, is a recognized procurement expert who focuses on digital transformation, data analytics, and procurement technology, often emphasizing clean data and process efficiency (e.g., Tealbook quote, 2021). Critiques automation-heavy models (e.g., Algorithm Use: Mitchells endorsement of ML (e.g.,
This transformative technology holds immense potential to revolutionize industries like finance and supplychain management by introducing new levels of efficiency and security. Within the realm of smart contracts, three major blockchain networks stand out: Bitcoin, Ethereum, and Binance Smart Chain.
The transparency, security, and scarcity of Bitcoin were groundbreaking, leading to widespread adoption and investment. Smart Contracts and Ethereum The introduction of Ethereum in 2015 brought a new level of innovation to the cryptocurrency space. Originally written for SupplyChain Game Changer and published on March 8, 2024.
Customer Support: Transparent and Accessible One of the strongest signs of a trustworthy broker is how openly they communicate with their clients. For HighApexPlanning.com reviews , the domain was registered on March 11, 2015 , and guess what? That perfectly matches the brand’s creation year — 2015. Why does this matter?
Subscribe to SupplyChain Game Changer. The Mask SupplyChain! Medical Device SupplyChain article and permission to publish here provided by Claire Glassman. Some manufacturers have appealed for higher transparency so the burden of liability would be shared across the supplychain.
If ‘big data’ was the phrase du-jour in 2015, I propose that in 2016 it will be ‘artificial intelligence’ – or ‘AI’ if you’re really cool. AI combines all the efficiency and futuristic promise of robotics and takes them to … Continue reading →
In procurement, sustainability goals are about your objectives to achieve sustainability in procurement while ensuring that the process remains efficient. Thus, you will be able to keep up with the fluctuations in your supplychain. It can help by ensuring that all procurement processes are fair and transparent to everyone.
Like safety stock calculations , EOQ is one of the most important equations in supplychain planning. With the rise of COVID-19, the supplychain in is facing a huge challenge in the lead time. Bowersox, SupplyChain Logistics Management. Lysons, Procurement & SupplyChain Management, 9th Ed. ,
Gartner recently announced their 2018 Top 25 SupplyChains List. But as I review the list, compare it to prior years, and consider the scoring methodology I do wonder whether the list in its current form continues to be relevant for identifying the best of the SupplyChain. The 2018 Gartner Top 25 SupplyChain List.
Logistics is the central system that controls physical inventory flow in a supplychain. Similarly, Logistics KPIs indicate the logistics’ total efficiency and direct the managers to carry out operations optimally. Productivity attribute signifies the Logistics’ day-to-day operational efficiency. To conclude.
Action Note 14/15 27 August 2015 Issue. Timing The provisions of this Action Note will take effect for procurements advertised on or after 1 September 2015. Public procurement, utilising the greater flexibilities provided under The Public Contracts Regulations 2015, provides a valuable lever to achieve this step change.
The complexity of planning, transportation, collaboration, time and labor that went into the supplychain of that banana?—?being This is: The Journey of your Banana: A SupplyChain in Motion. The global banana supplychain is a complicated one, dependent on multiple moving parts and the collaboration of multiple parties.
Subscribe to SupplyChain Game Changer. Reverse chain article and permission to publish here provided by Glen Munholland at circularsupplychains.com. In 2015, worldwide IT spending across vertical industries was forecast to be $2.7T. The post Linking the SupplyChain and Reverse Chain! Subscribe Here!
Brands labeled with Green SupplyChains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking. I don’t mean to come off snarky, but there is a clear-cut discourse that has formed between brands actualizing supplychain sustainability, and those who are marketing supplychain sustainability.
I’ve been in procurement for nearly 28 years, seven years at Marks & Spencer after studying business studies and supplychain management at university. That’s why I created Marr Procurement in 2015. We offer now what we offered then, which is really good procurement support that is very honest and transparent.
Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supplychain would be detrimental to the industry. 3 tips for accelerating the path to a more resilient and sustainable automotive supplychain 1.
*This post was originally published June 2015; it was updated September 2018*. To stay ahead, tech-smart operations, savvy professionals are using logistics and supplychain mobile applications as must-have tools for operational excellence. Logistics & SupplyChain Mobile Applications Top 12.
Subscribe to SupplyChain Game Changer. At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. In 2015, I bought a Canadian distribution company focused on the toy/gift retail space. Subscribe Here! Email Address.
Subscribe to SupplyChain Game Changer. The Next Great Leap in SupplyChainTransparency: Blockchain! Each of the following industries—finances, medical, reinsurance, property investment, and distribution network benefited from cryptographic increased efficiency and cost-friendliness. Subscribe Here!
Monday, March 2, 2015 – Fair Lawn, NJ – UltraShipTMS announces the latest addition to its growing roster of valued client companies – America’s leading small town retailer, Stage Stores. Grubbs reports the TMS solution is expected to go live in Q2 2015.
Of course, there are companies that have already adopted sustainability in their supplychain. . Additionally, we will show you some companies that have embraced sustainability in their supplychain. . This will allow you to evaluate if it is now the time to switch to a sustainable supplychain.
The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems.
2019 titled “SORRY, CHARLIE, THERE IS SOMETHING WRONG WITH THE WORLD’S SEAFOOD SUPPLYCHAIN” – [link] “According to a March 2019 National Geographic article, mislabelling is a problem with 20 percent of all fish sold in restaurants, markets, and grocery stores. .” Or do we need a fourth circle?
It’s about shifting from unsustainable practices towards more eco-friendly alternatives, such as adopting renewable energy sources and increasing energy efficiency. National and international bodies may also promote social sustainability through cultural preservation and government transparency.
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 in 2015.
Subscribe to SupplyChain Game Changer. At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. From 2009 to 2015, in the midst of a national recession, I served as Director, and later VP, of Engineering at Addepar, a wealth management platform.
Check out The Digital SupplyChain (SC 4.0) Innovation is a team effort requiring collaboration and buy-in from all levels within an organization, and it’s especially true when it comes to bringing innovation to the supplychain. A Blueprint for Successful SupplyChain Innovation. What You Need to Know!
At the same time, companies are dealing with erratic customer behavior and badly disrupted supplychains. Why COVID-19 is Driving SupplyChain Digitalization. In 2019 MHI and Deloitte published their report “Elevating SupplyChain Digital Consciousness”. The Benefits of SupplyChain Digitalization.
The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems.
Subscribe to SupplyChain Game Changer. Procurement is one of the sole functions in an organization that can truly implement and realizes quality and sustainability initiatives in the line; considering procurement’s ability to impact the global supplychain network at the supplier level. Subscribe Here! Email Address.
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