Wed.Jul 31, 2024

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Factories’ AI adoption plans must be intentional to reap benefits

Supply Chain Dive

Early user engagement, solution champions and user groups can help sustain implementation, said Jennifer Peters, director of BI and data analytics at Nestlé Purina.

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Drug Supply Chains Need Better Visibility

Supply Chain Brain

Better communication is needed about the flow of drugs, from the manufacturer, through the distribution network to the hospital and, at the end, how those medications are being prescribed.

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FedEx, UPS roll out ‘exceptional discounts’ to SMB customers

Supply Chain Dive

The rivals' pricing battle has kept delivery rates lower and benefited shippers, according to the TD Cowen/AFS Freight Index.

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How Integrated Tactical Planning Enables Enhanced Decision-Making and Improved Outcomes

Supply Chain Brain

Formalizing weekly and daily execution processes helps to align short-term corporate activities with the goals articulated by corporate strategists.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Industries with in-person work more frequently tout PTO in job ads, Indeed finds

Supply Chain Dive

While paid time off mentions in job ads have risen in recent years, workers still aren't taking enough time off.

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Building the Automation Framework

Supply Chain Brain

Automation is no longer an option. Leaders of businesses large and small are demanding that their teams quickly implement automated supply chains.

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Boeing Names New CEO as Company Reports $1.4B in Q2 Losses

Supply Chain Brain

The company has not logged a profitable year since 2019, reporting a combined $33.3 billion in losses in the years that have followed.

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The Ultimate Guide to Bids and Tenders for Business Success

Procurement Freelancers

When businesses want to purchase goods or services, they often use bids and tenders to… The post The Ultimate Guide to Bids and Tenders for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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Invisible Threats A 2024 Guide to Managing Hidden Supply Chain Risks

Supply Chain Brain

Invisible Threats gives supply chain professionals guidance on identifying risk hotspots right now based on data analysis of private and public companies’ financial health, by NAISC.

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Best Practices in Strategic Purchasing for Complex Markets

Procurement Freelancers

Navigating complex markets can be difficult for organizations in the fast-paced business environments of today.… The post Best Practices in Strategic Purchasing for Complex Markets first appeared on Procurement Blog | Procurement & Supply Chain News.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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How AI and Low Code Are Helping Build Agile Supply Chains

Supply Chain Brain

Join Bizagi and Tech Mahindra for an engaging webinar where we showcase how AI and Low Code are helping build agile supply chains. During this webinar we will demonstrate real-time visibility, effective escalation, and seamless collaboration through a supply chain use case.

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3 Foundations for an Effective Multi-Enterprise Supply Chain Network

The Network Effect

The post 3 Foundations for an Effective Multi-Enterprise Supply Chain Network appeared first on The Network Effect.

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Temu Sellers Protest Against Company Over Fines for Customer Returns

Supply Chain Brain

The new penalties reportedly went into effect in April, fining sellers up to five times the original value of a sale when a customer returns a purchase for a refund.

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Another Far Side Look At Procurement

Procurement Insights

Question: Which one in this picture is the AI sales representative or marketing person? Which one is the procurement professional? Hint: One of the four characters represents the results of most AI initiatives (but don’t give it away).

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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A Guide to Right-sized Packaging for 3PL

Supply Chain Brain

Right-sized packaging automation offers many benefits, including reduced labor and shipping costs, increased throughput, and an overall lower carbon footprint. In this guide, we’ll share some of the challenges 3PLs experience and how an On Demand Packaging® solution can help.

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Digital maturity or readiness has never been about technology or being tech-savvy

Procurement Insights

Digital maturity is a crucial milestone that organizations worldwide are striving to achieve. But what exactly is digital maturity, and how can your organization achieve it? – Eric Kimberling, LinkedIn (July 30th, 2024) Digital maturity or digital readiness doesn’t start with technology – it has little to do with tech savviness. Here is an excerpt from an article – [link] “When I am asked what I think about the “evergreen” evolution of high-tech computing, my answer

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How to Optimize the Design of Your Supply Chain Network

Supply Chain Brain

Your supply chain network forms the foundation that your business is built upon. Designing and deploying a robust supply chain network will position your company for growth, while failing to do so can put your business on shaky ground.

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Technology Round-Up — July 31, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management… The post Technology Round-Up — July 31, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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China’s BYD Seeks Entry to Canada EV Market Despite Likely Tariffs

Supply Chain Brain

Canada is set to wrap a 30-day consultation on measures to restrict Chinese EV imports on August 1 — including higher tariffs to align with the U.S. and EU.

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Does Direct Spend need its own Tech Stack?

The Procuretech Podcast

This week on The Procurement Software Podcast, host James Meads delves into some unique technology needs that direct procurement teams are often facing. James explores how specialised tech stacks, including advanced inventory management systems, supplier relationship tools, and risk mitigation software, can address the distinct challenges faced by direct procurement teams.

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Delta CEO Says CrowdStrike Crash Could Cost Airline $500K

Supply Chain Brain

Although Delta was one of many airlines affected by outage, it appeared to have been hit the hardest, after needing five days to get its crew tracking systems back online.

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Optimal Parcel Packing For Cost

Supply Chain Brain

For all but the 3-4 largest retailers in the US, packing cost-optimally has been an elusive goal with a few available solutions. In this white paper, we’ll measure and triage cost factors from transportation to materials to labor and show how Paccurate’s cartonization engine can help in areas where standardization is no longer good enough.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.