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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.

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What is the difference between a Metaprise and an orchestration and intake model in ProcureTech?

Procurement Insights

Key Features of a Metaprise: Beyond a Single Company: Instead of just managing procurement within one company, a Metaprise integrates multiple businesses, suppliers, and partners into one unified system. Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one.

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Procurement Software Trends to Keep Track Of in 2022

ProcurePort

As the world continues to grapple with COVID-19, procurement professionals are looking to find ways to continue creating value. It’s clear that businesses need more resilient supply chains to continue fulfilling business procurement needs. They […].

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Do We Really Need To Reinvent Procurement Versus Finally Understanding Procurement?

Procurement Insights

Let’s start by revisiting one of Procurement Insights’ most popular article series: Dangerous Supply Chain Myths. Kearney Report that was originally released in May 2007.

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Sustainable Procurement Business Drivers — Embracing Sustainability

Procurement Tactics

Sustainability in procurement is defined as the acquisition of goods and services in an environmentally-friendly manner to fulfill the needs of the company for its daily operation and supply chain. Thus, it is vital for businesses of all sizes in every sector to integrate it. What is its importance?

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163,933 Procurement Professionals, A One-Question Poll, And One Willing ProcureTech Solution Provider

Procurement Insights

Please take a moment to respond to my poll, as I will use the results in an upcoming paper that I will share with the Purchasing & Global Supply Chain Professionals (PGSCP) group on LinkedIn. You can check out the group using the following link: Purchasing & Global Supply Chain Group.

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Supply Chain Management Inefficiencies Threaten Organizations’ Competitive Advantage, New JAGGAER Research Reveals

Jaggaer

These investments, however, aren’t going far enough: Over 40% of procurement teams state manual and inefficient processes hold them back from fully addressing the C-suite’s critical business priorities. Procurement and supply chain professionals are emerging as enterprise linchpins.