Tue.May 17, 2022

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What is Sourcing Strategy and Why is it Important?

ProcurePort

• Strategic sourcing is a combination of activities aimed at aligning a company’s procurement spend with its overall objectives. • It’s about spending money in the wisest ways rather than just angling for the lowest prices of items. The sourcing strategy balances numerous variables in supply chains as well as the various interests of internal […].

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U.S., European Firms Rethink China Investment After Lockdowns

Supply Chain Brain

U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to their operations.

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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Source-to-Contract (S2C) Datasheet

ivalua

The post Source-to-Contract (S2C) Datasheet appeared first on Ivalua.

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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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Hospitals Ration CT Scans, Awaiting Dye From Shanghai GE Plant

Supply Chain Brain

Hospitals around the U.S. are postponing CT scans and rationing care while waiting on shipments of medical dye made in a Shanghai plant that just restarted production amid the city’s lockdown.

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Making the Case for the Suites – Jim Bureau of Jaggaer

The Procuretech Podcast

This week our guest is Jim Bureau, CEO of Jaggaer. He’s carving out a niche for an all-in-one solution, at a time when best of breeds are gaining market share. I’m known as a bit of a best of breed fanboy, so Jim is stepping into the dragon’s den, here! I welcome Jim to the podcast, congratulate him for his bravery, and ask him about the challenges of offering a full suite solution in a tough market.

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Creating a small and diverse vendor engagement strategy

Bonfire

Whether the motivation is new legislation or funding requirements, increasing competition in your RFP responses, or supporting your community — there’s no wrong reason for public sector procurement teams to foster more diversity in their vendor pool. So how do you create vendor diversity initiatives in your organization? Many Bonfire clients have asked this question, so on May 12th we asked Sheena Fain from the City of Akron and Robert Tatum from the Cayman Islands Government to join us in a dis

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How Final Mile TMS Helps You Control Costs, Capacity, Carbon, and Customer Delivery Experiences

Supply Chain Brain

Final mile delivery volumes continue to increase with parcel shipments expected to double by 2026. Meanwhile, carrier rates are rising because of constrained carrier capacity, driver shortages, and higher fuel costs.

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Inflation weighing on business owners' sentiment

Strategic Sourceror

With Inflation raging, many products and services cost double what they did at this time last year. These ever rising costs have business owners feeling doubtful conditions will improve with any real significance in the months ahead, according to a new poll from the National Federation of Independent Business. For the second month in a row, the NFIB's Small Business Optimism Index held at a reading of approximately 93, marking the fourth consecutive instance that it's been well below the histori

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Watch: Digital Solutions Overcome Uncertainty in Warehouse Operations

Supply Chain Brain

Artificial intelligence and machine learning are optimizing warehouse operations, says Chad Zollman, chief sales officer at TGW Logistics Group.

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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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JAGGAER and CiteAb to Deliver Industry-Leading Biological Reagent Search and Management Solution

Jaggaer

The post JAGGAER and CiteAb to Deliver Industry-Leading Biological Reagent Search and Management Solution appeared first on JAGGAER.

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Risk Management vs. Resilience: Here’s Why We Need Both

Supply Chain Brain

Let’s take a closer look at how companies can balance risk management and supply chain resilience — and what technology and transparency bring to the table.

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Supplier Ethnic Diversity: So much more than a box-ticking exercise

Spotlight on Procurement

Mayank Shah, Founder & CEO of Minority Supplier Development UK (MSDUK), discusses the importance of having suppliers that are owned by a traditionally underrepresented individual/group.

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How 3D Printing Bolsters Supply Chains

Supply Chain Brain

3D printing technology is a powerful tool that can help companies strengthen their supply chains — if they’re willing to adapt.

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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.

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The Reactive vs Proactive Supply Chain! Which Will Prevail?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Confessions of a High Priced Expediter! Anyone who has worked in Supply Chain knows that problems will arise anytime, anywhere and anyhow. These problems will require quick reaction, expediting, firefighting, long hours and sleepless nights. Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.