Author: Kodiak Rating
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UN report investigates Blockchain Application for Global Supply Chain
The UN/CEFACT’s report focuses on Blockchain technology’s potential to impact the elements of trust that are of exponential importance to global supply chain management.
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Vinnova backs Kodiak Rating’s Blockchain Innovation for better global Supply Chain transparency
After making headlines just two months ago for raising $12M SEK in risk capital, Kodiak Rating (cloud-based SRM platform provider) has been chosen to receive a Vinnova grant, focused on supporting innovation in Swedish businesses.
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User-Enabled Procurement: An Age of Smarter Solutions.
This is an age of technological independence, and API-driven innovation, breeding procurement technologies that are more agile, scalable, integrate-able and more customizable than ever before. This is the age of smarter solutions. This is the age of User-Enabled Procurement
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The Three Pillars of Digital Procurement – Building a Foundation for the Future.
Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”
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Indirect vs. Direct Procurement: Is one more important than the other?
Procurement is a complex business function, nuanced from organization to organization, and unconsciously tied to many facets of a company’s corporate structure. Revenue, cost, and production are direct results from procurement actions.
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3 Keys for Enhancing your Strategic Sourcing.
Strategic Sourcing is a procurement strategy for value creation within purchasing processes, focused on building mutually beneficial results for all parties involved.
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The Facts and Myths of Procurement. (Part 1)
Distinguishing a brand, strategy, product, or even a website is nearly impossible in this world, oversaturated with sameness. Campaigns and initiatives rise to the surface on a daily basis, taking over the headlines for a week, just to sink to the bottom of the ocean again.
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The 5 Levels of Supply Chain Transparency
Still, today, supply chain transparency holds a prominent position in concerns for consumer and business, alike. Transparency has become an organizational effort in business, as it can impact various aspects of a value chain, if neglected; not solely supply chain management.
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The Beauty of the SaaS business model.
The days of glacial traditional on-premise software models, and their implementation teams, are long past due. SaaS offers customers capabilities that are unmatched by the likes of traditional software.
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The People of Procurement: the Unseen Champions of your Business
Procurement is amongst some of the most rapidly changing business areas, and maybe for the better. Only time will tell if the coming digital transformation of various business areas, just like procurement, will make for positive outcomes. But, in the meantime, there is still a large population of procurement professionals, strapping up their boots every…
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The Green Supply Chain: True Sustainability, or just one — BIG — Marketing stunt?
Brands labeled with Green Supply Chains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking.
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A Supplier Development Program might be the Secret Sauce your business needs…
Procurement and sourcing teams are heavily reliant upon the effectiveness of the suppliers they choose to collaborate with. Relationship management between buyer and supplier is crucial to the success rate of a partnership, and both parties must learn to give and take to create fair/shared value.
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Procurement 2.0 — Procurement, with a higher purpose.
Procurement 2.0 offers a shift away from the traditional portrait of cost-driven and siloed procurement. In the age of digital transformation and shifting consumer concerns, procurement 2.0 is a breath of fresh air.
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The Future of the Chief Procurement Officer… Is already here.
Without an acceptance to disrupt and transform from top to bottom, is there even an opportunity to change at all? CPOs (Chief Procurement Officers) is the function in charge of leading this transformation. Many leaders within the procurement world are ready to realize the change that lies ahead.
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Cognitive Procurement — Autonomy, Agility and still in it’s Infancy.
Procurement is undergoing a digital facelift. The ball has started rolling, but when will it reach its final destination?
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The Journey of one Banana: A Supply Chain in Motion.
The complexity of planning, transportation, collaboration, time and labor that went into the supply chain of that banana — being severed on my brother’s cutting board — stopped me in my tracks.
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6 Reasons your Supply Chain should be moving to the Cloud.
It’s hanging above us on a daily basis. The boundaries of its powers are still being tested. And, chances are, it’s going to (or already has begun to) change your business’ actions and strategies forever.
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6 Applications of Artificial Intelligence for your Supply Chain.
Once thought to be a concept only sci-fi movies could produce, Artificial Intelligence (AI) has become a topic of our mainstreams and everydays.
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Procurement just isn’t that sexy.
Procurement, Sourcing, and Quality management tasks drive top-line sustainability, performance, profitability, and product quality, but the technological advancements to complete most of those activities just aren’t in place.
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SRM is in for the same ride that CRM took 10 years ago.
The CEO of Kodiak Rating, Malin Schmidt is a firm believer that SRM (supplier relationship management) exists in a similar- calm before the storm — kind of positioning that CRM existed in just 10 years ago. She often says: “SRM as a domain is in for the same ride that CRM took”
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What role are Startups playing in the Digital Transformation of Supply Chain Management?
When most people hear the word ‘startup’ their minds instantly wander to a mental image of a business started by young adults, sitting around on beanbag chairs, wearing branded t-shirts and hooded sweatshirts, down to their last cent of funding and underdeveloped as an organization.
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The Cyber Security of Supply Chains: Who’s the real risk, Man or Machine?
In order to address tech-related supply chain risks, organizations must have strategies in place to actively and preemptively address cyber security in-and along the entire value chain.
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The Sharing Economy, Technology, Sustainability and the Supply Chain of tomorrow…
Supply chain professionals shouldn’t look upon shared economy models with skepticism, but accept their unorthodox nature as a work tool for challenging and transitioning supply chain optimization.
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Can Machine Learning shape the future of Supply Chain Optimization?
Have you ever wondered how Netflix knows exactly what kind of TV series you want to watch, or how Facebook recommends all the right people to send friend requests to, or how Google Doc’s search bar randomly pops up with the document you were going to search; before you even typed anything?
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The Gender Gap of Supply Chain professionals: Your business isn’t hiring the most talented people
“[…] If more than 50% of the population is women and less than 20% of the people in senior supply chain positions are women, then by default, we cannot be hiring the most talented people”
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Chatbots: What’s their role in the Digtialization of Supply Chain Management?
Supply chain analysts and specialists are now looking into applying chatbots into supply chain management activities, including procurement activities.
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Supply Chain Management subversion: Is your business still living in Excel Hell?
Since the beginning of their existence, spreadsheets and the capabilities of programs such as Excel have been present in just about every business oriented organization on the face of the Earth. In an article from 2010, it was found that approx. 81% of businesses use Excel spreadsheets (Forrester Research).