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The Kraljic Matrix

Flevy

Two key factors critical for devising a robust purchasing and supply management strategy are: Strategic importance of purchasing: This factor measures the ratio of raw material costs to total costs, their impact on profitability, and the value addition done by the entire product portfolio. Move towards reducing unacceptable sourcing risks.

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Beyond the Horizon: GenAI and Ethical Leadership

MDI Training

In addition to the examples I gave in question 3, here are some other assorted industries we can use and examples in a fun brainstorm… Manufacturing Industry: a. In fact, I am now AI-assisted in every area of my life , including the leadership of my business as a non-profit. So, this is very personal for me now. LinkedIn Did you know?

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KPI Management: Intellectual Property (IP) Strategy KPIs

Flevy

Relevance : Measures the financial success of monetizing IP assets, contributing to the overall revenue and profitability. Freedom to Operate Assessments Definition : The process of evaluating whether the development, manufacture, or sale of a product infringes on the IP rights of others. KPIs and Digital Transformation.

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Group 50 and Shapecast partnership

Shapecast

Shapecast, the leading provider of data-driven strategy execution and digital transformation solutions and Group50, a leading strategy advisory firm, have today announced a partnership. Group50 consultants are subject matter experts in Manufacturing, Distribution and global Supply Chains.

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AI Has Taken the Boardroom by Storm. Here’s What You Must Know.

Planview

No “transformation” was required. Contrast that with Bank of America, a much older institution that’s been undergoing a digital transformation for two decades. If you want to understand the value of a digital operating model, look no further. The AI Factory is not a subset of the digital transformation.

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How 2 Brands Successfully Shook Up Their Sales Strategy

Hubspot Sales

By Q3, its year over year growth had effectively stalled, and its profits had dropped a whopping 24%. It pivoted its sales efforts to keep pace with digital transformation and saw the results it needed. In 2019, the manufacturer moved a company record 61,568 vehicles in US retail — a gain of 7.6 The investment paid off.

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E-commerce trends: why German wholesalers are the next victim of e-commerce

QYMATIX

Several trends underpin its transformation. New forms of industrial distribution are emerging, and big manufacturers offering e-commerce are choking the middle-guy. Second, buyers, competitors, and in some cases, distributors, are forcing industrial manufacturers to open their e-commerce offering.