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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

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Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

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An executive’s guide to AI in supply chain management

Kinaxis

Here are three simple definitions of AI and related technologies, plus how they apply to supply chain planning. The ability of a machine to perform human-like functions such as perceiving, reasoning, learning, interacting with the environment, problem solving and exercising creativity to form plans, make decisions and achieve goals.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

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Serious Gaming as a Vehicle for Creating Supply Chain Resiliency in the Department of Defense

NC State SCRC

The Table below lists game mechanics and their definitions that are relevant to some aspect of acquisitions training. Mechanics Definitions Communication Active listening and clear, concise responses between two or more parties. Development, facilitating, testing and deployment of games and outcomes.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Obtain the necessary signatures to finalize the contract.

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Towards Successful Digital Transformation – Separating the hype from reality

The Logistics & Supply Chain Management Society

This definition can be further analysed to encompass three key areas, that include creating business value , optimising the processes which have direct effect on customer experience , whilst developing key capabilities that can support an integrated business initiative. Source: Schumacher et al. Closing Thoughts.