agent-based model | Procurement Insights

Browsing All posts tagged under »agent-based model«

What can the great North American blackout of 2003 teach us about supply chain complexity, vulnerability, and resiliency

January 18, 2024

What do Power Grids and Supply Chains have in common?

Does the Dr. Epstein Post represent the long-awaited hope that we have finally moved away from equation-based modeling?

December 26, 2023

Who should be the conductor of procurement's process orchestration success?

Are you chasing solutions or solving problems? (Part 2 of 3)

November 9, 2023

The Fork In The Road – When we were initially engaged, the client was looking to address the above challenges by implementing a technology solution. But ask yourself this question: how would using technology to improve performance within the procurement department address the above challenges? It wouldn’t – which is why – without understanding internal […]

Are you chasing solutions or solving problems? (Part 1 of 3)

October 23, 2023

Did I miss anything? I was 23 when I entered the high-tech world. I am now 64. Believe it or not, I was as excited about the technology back then as I am about it today. Over the years with each amazing breakthrough – and yes, spreadsheets and amber or green monochrome monitor graphics were […]

Agent-based versus Equation-based modelling: What every procurement professional needs to know

September 20, 2023

What is the difference between agent-based versus equation-based modelling in procurement?

The Future of Business Intelligence: Did Gartner Get It Right?

August 20, 2009

On Friday’s segment “Beyond Business Intelligence Technology: The Importance of Domain Expertise” I will be welcoming Oco’s CEO William (Bill) Copacino who has authored 3 books and more than 150 articles on supply chain management, to discuss the transformational changes that are redefining our understanding of Business Intelligence. The level of preparation that goes into […]

Oracle launches sourcing software on demand: Why market adaptability may ultimately derail the transition (Part 2)

April 14, 2009

“Recognizing that adoption or end-user compliance is one of the main barriers to a successful program, the ability for project champions to leverage user comfort with known applications such as Excel to access certain functions within the SAP architecture could stimulate stakeholder buy-in, at least internally. By promoting the utilization of SAP through a familiar, […]

A “Perfect Vision” and Determined Execution: Laying the Foundations for Sustainable Success (Perfect Commerce Profile: http://www.perfect.com/)

January 26, 2009

“A true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders . . . in other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies originating on the front lines. This is the cornerstone […]

Optimization Modeling and the Modern Supply Chain (A PI Q and A) by Jon Hansen

March 18, 2008

Editor’s Update: Interesting that an article in 2013 talking about “integrating social and enterprise process” is thought to be covering new ground. I am of course talking about today’s Forbes post by Rawn Shah titled “SAP Realizes Enterprise Social Processes.” Back in 2008 I wrote an article on my government funded research in the late 90s titled “Optimization Modeling and […]