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CPFR in Supply Chain — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR?

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. 4 tips to help energy & utility supply chains avoid unexpected downtime 1. For the energy and utilities industry (E&U), time is not on their side. Visibility.

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3 ways inflation is impacting global supply chains

Strategic Sourceror

Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. over the previous 12 months. These include: 1.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).

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AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success

Arkestro

Forever changed by global lockdowns, volatile consumer demands, and increasing pressure to go green, oil and gas companies have shifted dramatically since 2020. On top of these challenges, oil and gas companies are dealing with global inflation, supply shortages, and ever-mounting pressure to move toward low-carbon solutions.

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. Industries seeking a new cost reduction strategy. but face higher costs in doing so.