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As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.
A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. They also need strong quantitative fluency and be competent in developing and deriving solutions from datasets.
Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. Supply Market Intelligence Enables Improved Ability to Control Inflation. Secondary data sources are published available databases, reports, websites, and so on. Cognizant Tech Solutions Corp.
In my most recent blog, I described the type of person that organizations such as Apple are seeking to find : tech savvy, smart, humble, able to work on unstructured projects with challenging requirements, analytically oriented, and most of all, willing to learn and take on new problems! So did Tom Falk at Kimberly Clark.
He then went into global imports for the central purchasing group in Raleigh. This was a lot of planning, a lot of analytics, and a lot of work. In 2013 we had $8M of raw material inventory – due to poor purchasing, poor safety stock decisions, and a lot of WIP in the system. Today, we are at 5.5M
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