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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.

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The Fallacy of the Self-driving Supply Chain

Supply Chain Shaman

Headline news that day was Theranos’, once-Silicon Valley star Elizabeth Holmes, 38, sentenced to over 11 years in prison by a United States District Court for defrauding investors of her firm to revolutionize blood-testing technology. As shown in Figure 1, the reporting relationships vary. Are the plans executed?

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

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Understanding Supply Chain Sustainability

Logistics Viewpoints

The company has established long-term power purchase agreements at the country level. As a result, Mars has been able to procure renewable electricity to cover the entire business in those specific countries. To that end, Mars started with a commitment to 100 percent renewable energy a number of years ago and is making steady progress.

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How a Venture Capital Fund Manages Procurement for Eleven Companies with One Software

Precoro

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. There was no tracking system in place on the procurement nor on the finance side.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. The United States’ and Europe’s production of global semiconductors decreased from approximately 80% in 1990 to 20% in 2020. of small businesses in the United States.

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Preparing to Run Supply Chains at the End of the Second Global Economy

Supply Chain Shaman

The tariffs under the act, excluding duty-free imports, were the second highest in United States history, exceeded by only the Tariff of 1828. Supply chain leaders were slow to adopt advances in Big Data Analytics. Procurement was operating in isolation from supply chain. – Technology Evolution Outpaced Adoption.