Remove 2016 Remove supply chain budgeting Remove Supply Chain Efficiency
article thumbnail

Bezos? Jeff Bezos? What does he have to do with anything related to procurement and supply chain?

Procurement Insights

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 supply chain models later refined and scaled by Jeff Bezos at Amazon. MODEL 2 Jon W.

article thumbnail

Choosing Rod Sherkin

Procurement Insights

NOTE: The “ Green Giant ” can story and The Four Cornerstones for Leveraging Cost Transparency model resonated most with me. ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What impact did Gartner’s late entry into Procurement and AI have on procurement practitioners and ProcureTech solution providers?

Procurement Insights

Hansen was publicly referencing and implementing AI concepts in the late 1990s , notably through “advanced self-learning algorithms” in procurement and supply chain applications. Bottom-Line Results: Modestmainly efficiency gains in data-heavy tasks, but no widespread transformation. By May 2017, it had risen to No.

article thumbnail

Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

article thumbnail

346: Enable and Empower Your Supply Chain, with WiseTech

Let's Talk Supply Chain

Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supply chains of the world. WiseTech listed in 2016 (ASX:WTC) and has grown into a more than $21 billion (AUD) company. Guest bio: Richard founded WiseTech Global in 1994.

article thumbnail

Three Reasons Public Sector Must Transform Grants Management NOW

ivalua

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. trillion, making grants roughly 17% of the total federal budget. . Federal grants often make up a large portion of any state, county or municipal budget.

article thumbnail

343: Create a One-Stop Solution for Supply Chain Automation, with Logward

Let's Talk Supply Chain

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 41.10] What does and doesn’t work when it comes to digitizing supply chains in the real world. You avoid that by listening properly.”