Wed.Aug 28, 2024

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Preliminary Market Engagement Notice

Procurement Templates

17 Preliminary market engagement notices (1) If a contracting authority carries out preliminary market engagement, the authority must— (a) publish a preliminary market engagement notice before publishing a tender notice, or (b) provide reasons for not doing so in the tender notice. (2) A “preliminary market engagement notice” means a notice setting out— (a) that the contracting authority intends to conduct, or has conducted, preliminary market engagement, and (b) any other information specified

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CPO Crunch: Why CPOs oughta start thinking about water

Procurement Leaders

Many of us take access to fresh water for granted. It’s on tap. It’s recyclable. Readily available supplies mean it’s not something we have to worry about. Yet, as CDP’s Miriam Denis Le Seve and Sonya Bhonsle told Procurement Leaders members during a recent Risk and Sustainability Cohort Call, four billion people experience severe water scarcity for at least one month each year.

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Procurement Supply Chain Shocks in 2024: An Overview

Procurement Templates

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

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Walmart to help sellers fulfill orders from third-party e-commerce sites

Supply Chain Dive

The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service as it prepares to launch.

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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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Drawing the line between intake and orchestration

Spend Matters

Where exactly does intake end, and where does orchestration begin? Our analyst differentiates the two processes and draws a line between the comparisons. This content is for members only. Visit the site and log in/register to read. The post Drawing the line between intake and orchestration appeared first on Spend Matters.

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Canadian rail carriers’ recovery from work stoppage may take weeks

Supply Chain Dive

Embargoes put in place prior to the disruption have created freight backlog for Canadian National and CPKC.

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The Evolution of Warehousing: From Storage to Strategic Asset

SCMDOJO

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

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Climate Change and the Coming Storm for U.S. Ports

Supply Chain Brain

NOAA predicts that by the end of November, this year's hurricane season "could rank among the busiest on record.

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J&J Snack Foods benefits from regional distribution centers

Supply Chain Dive

The food maker is shipping more products from the new network while reducing its average length of haul.

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U.S. Warns Leaking Tanker Poses Growing Red Sea Pollution Risk

Supply Chain Brain

The 900-foot Sounion was hauling 150,000 tons of dense Iraqi crude oil when it was disabled by Houthi militants.

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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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ChatGPT-assisted Job Offer Analysis by NPV and Opportunity Cost

The Good Spending

Job offer quiz on LinkedIn I came across this question on LinkedIn. " You have 2 job offers on the table: A) £50k per year with a £12k bonus, work from home, but you live in Hull where the cost of living is low. You get a 10% employer pension contribution. B) In London, a dream job of £95k a year with only a 5% pension contribution. The cost of living is high, and you need to spend four days a week in the office.

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Indian Port Workers Agree to Deal on Eve of Planned Strike

Supply Chain Brain

The union representing 20,000 workers at India's 12 major shipping hubs had initially planned to go on strike indefinitely on August 28.

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Optimizing Supplier Onboarding: Enhancing Procurement and Supply Chain Efficiency

NLPA (Next Level Purchasing Association)

Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. A well-structured system ensures compliance, reduces risk, and fosters strong supplier relationships, ultimately enhancing departmental operations. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.

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The Importance of Inventory Management for Your Business | Ecommerce

Finale Inventory

In ecommerce, effective inventory management is key to the success of your business. It ensures that you have the right products available at the right time, in the right quantities, and at the right cost. By efficiently managing your inventory, you can improve your cash flow, enhance customer satisfaction, and optimize your supply chain. Understanding Inventory Management Inventory management refers to the process of overseeing and controlling the flow of goods from production to sale.

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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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Walking The Procurement World Tightrope

Procurement Insights

I was recently reminded of a great post by Jason Busch, who wrote, “Ariba doesn’t have customers; they have prisoners.” I think it took Jason great courage and frustration to write that post. More recently, I interviewed a notable analyst from one of the Big Five accounting firms. They gave an incredible and refreshingly frank take on the state of the digital signature market.

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6 Valuable Takeaways from 2024’s Supply Chain Challenges for Small Business Owners | Ecommerce

Finale Inventory

Running a small business comes with its fair share of challenges, and 2024 has been no exception. This year, supply chain disruptions have posed significant obstacles for small business owners. From global events to the ongoing impacts of the pandemic, these challenges have forced businesses to adapt and find new strategies to navigate through uncertain times.

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U.S. Airlines Lobbied EU to Limit Monitoring of Plane Emissions

Supply Chain Brain

Aircraft engines spew a host of gases that warp the climate at high altitudes, including nitrogen oxides, sulphur dioxide and water vapour.

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Streamline Your Inventory Management in 2024 with Finale Inventory | Ecommerce

Finale Inventory

Efficient inventory management is key to the success of any ecommerce business. Proper management helps minimize costs, maximize profits, and ensure customer satisfaction. This article discusses the importance of efficient inventory management, its role in ecommerce, and the main challenges that come with it. We also introduce Finale Inventory, a powerful tool designed to streamline your inventory management in 2024 and beyond.

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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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Procurement News — August 28, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — August 28, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Effective Inventory Control Strategies

Finale Inventory

Effective inventory control is key for the success of any ecommerce business. Ensuring that you have the right products available at the right time can help improve customer satisfaction, increase sales, and reduce costs. This article discusses various strategies to help you manage your inventory effectively and maximize your ecommerce business’s profitability.

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Revolutionize Your Business with Inventory Management Software by Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced realm of ecommerce, effective inventory management can be the key to achieving success. Managing and tracking inventory efficiently is vital for businesses of all sizes. Inventory management software, like Finale Inventory, can streamline your operations, improve accuracy, and transform your business. Understanding the Role of Inventory Management in Ecommerce Inventory management is fundamental to the success of any ecommerce operation.

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6 Key Benefits of Inventory Management for Construction Companies

Finale Inventory

Managing inventory is a vital part of running an efficient construction company. In the current digital landscape, where ecommerce is expanding, integrating inventory management with online operations is more important than ever. Understanding Inventory Management in Construction Before we discuss the benefits, let’s clarify what inventory management means in the construction industry.

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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.

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How Food & Beverage Professionals Benefit from Finale Inventory’s Inventory Management System | Ecommerce

Finale Inventory

As the food and beverage industry expands, businesses encounter unique challenges in managing their inventory efficiently. In such a fast-paced environment, it’s important to have a dependable system that can optimize stock levels, streamline order fulfillment , and reduce overhead costs. That’s where Finale Inventory’s Inventory Management System steps in.