Wed.Jun 15, 2022

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Everything You Need to Know About the Infant Formula Supply Chain Shortage

All Things Supply Chain

The continuing effects of the global coronavirus pandemic are being felt in unexpected ways. Across the United States right now, desperate parents are coping with a nationwide baby formula shortage.

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What Steps Are Included in the Procurement Process to Ensure Quality?

ProcurePort

• The goal of procurement is to keep up with an organization’s emerging product and supply chain needs to meet the business’s end goals. • Procurement is a strategic process involving identifying, selecting, negotiating, and settling contracts with suppliers. But what is the purpose of procurement? • Procurement aims to purchase the highest-quality products at […].

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

ivalua

Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. Session REPLAY. The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. .

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Railroad, Union Labor Fight Moves Toward Emergency Intervention

Supply Chain Brain

Major railroads, including Union Pacific and BNSF, and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move which will likely force President Biden’s administration to intervene.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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4 Steps to Expanding Your Industrial Network on LinkedIn

The Thomas Blog

Chances are you’re already using LinkedIn to keep an up-to-date roster of contacts, check out what connections are up to, scout out potential hires, and send messages. This powerful tool serves as much more than a social network or recruiting outlet, though — it can play a major role in generating leads and sales for your industrial company. There are a few steps for you to benefit from using LinkedIn to connect with people in their industry, so we wanted to lay out a few tips on how to get star

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How Manufacturers Are Building Resilience in the Shortage Economy

Supply Chain Brain

In a race to fortify their supply chains, leading manufacturers are realizing value from digital transformation beyond the factory floor.

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Are Your Products Eligible for Tariff Refunds? Here's What to Know

Supply Chain Brain

USTR has announced it will reinstate through the end of this year more than 350 previously expired China duty exclusions under Section 301 of the Trade Act of 1974. It’s important to act now to identify qualifying exclusions and estimate potential duty refund amounts.

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Ask and You Shall Receive: Find What You Need in Any Contract

ContractSafe

It shouldn’t be easier to find the answer to ‘Who is the smartest person in the world?’ than it is to find a certain piece of data in a contract. Unfortunately, for many tasked with managing an organization’s contracts, this is the case — even for those using contract management software.

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AI Driven Best Practices in Warehouse Execution

Supply Chain Brain

Warehouse work has been transforming at an amazing rate over the past several years and operators are constantly looking for new, innovative ways to deliver immediate, impactful improvements in productivity and accuracy. .

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How climate change will affect our supply chain

Positive Purchasing

Dr Deborah Hemming, of the Met Office, explores climate change and its likely impact on procurement and supply functions. This includes the effects on food supply, the underdeveloped world, farming, and how technology and people can adapt to the future. Climate change is a huge topic. But what does it mean for our future supply chains? Recent reports by the Intergovernmental Panel on Climate Change (IPCC) have shown – unequivocally – that human influence has warmed the global climate and that e

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Watch: What Does ‘Well-Orchestrated’ Warehouse Automation Look Like?

Supply Chain Brain

A well-orchestrated, automated warehouse requires a smart fulfillment software platform that can tie together all the data-management systems that go into warehouse operations, says Akash Gupta, chief technology officer and co-founder of one-stop warehouse automation provider Grey Orange.

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Small Sustainability Changes to Make a Mighty Impact with Sustainability & ESG Senior Leader, Simon King – Episode 58

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “How do you make sure that sustainability is not a compliance play, it’s not a nice-to-do and a tick box? Put it right in your business strategy.” From Simon King’s eventful early career, to his hugely … Continued. The post Small Sustainability Changes to Make a Mighty Impact with Sustainability & ESG Senior Leader, Simon King – Episode 58 appeared first on Talent Drive.

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How to Increase Market Share Through the Post-Purchase Experience

Supply Chain Brain

Merchants and brands are being forced to navigate the perfect storm — inflation, supply chain issues, climate change and unsteady shopper behavior.

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Ethics in Procurement: What are you doing to keep procurement ethical?

Skill Dynamics

Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An example of how ethics comes into play in procurement is in supplier selection, evaluation, negotiation and ultimately awarding business.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Watch: The Big Logistics Challenges: Now and Tomorrow

Supply Chain Brain

Terence Leung, senior director of solutions with Blue Yonder, offers a vision of the future for logistics.

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CPO News — June 15, 2022

CPO Rising

Welcome to CPO News, part of our ongoing series covering the recent announcements, hirings, and notable mentions of Chief Procurement Officers and other procurement leaders. Contact us with your news story here. Javier Echevarria Joins Ingredion as Vice President and Chief Procurement Officer WESTCHESTER, Ill., June 13, 2022 — Ingredion Incorporated (NYSE: INGR), a leading global provider […].

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The New Look on Industrial Buying

The Good Spending

Industrial buying has been subjected to research for over half-century. Instead of looking at the act of buying as a spontaneous event, researchers viewed it as a series of patterns explained by the nature of actors, demands, and relationships. Buygrid Framework: An introduction to industrial buying theory The Buygrid Framework (1967) classical procurement theory analyzes the industrial (B2B) buying behavior and business processes.

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Oil Refiners Face Biden’s Wrath as Profits Explode

Supply Chain Brain

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as President Biden lambasts the industry for closing plants.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.