Wed.Jun 08, 2022

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Seven Tried-and-True Ways to Improve Your Supply Chain

Supply Chain Brain

Here are some steps organizations can take to prevent or overcome unexpected supply chain shocks.

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Top Vendor Management Problems and How to Overcome Them

ProcurePort

• Most companies rely on secondary systems to store and manage information on their vendors. Most times, it is an accounting or payables management system. • Yet, such systems are not sufficient in an environment where the company has tens or hundreds of vendors. Companies can get away with this when the supply chain is […]. The post Top Vendor Management Problems and How to Overcome Them appeared first on ProcurePort Blog.

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How to Build Customer Loyalty!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 7 Ways to Create a Great Customer Experience! As a business owner, you understand that your customers are why your business exists. Therefore, it’s vital to consider them in everything you do. Your buyer’s needs should be your company’s number one priority; this will boost your sales and build customer loyalty for the foreseeable future.

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Driverless Trucks to Deliver Toilet Paper to Dallas Sam’s Clubs

Supply Chain Brain

Self-driving trucks will soon make deliveries to Walmart Inc.’s Sam’s Club stores in the Dallas-Fort Worth area, marking a significant expansion of autonomous vehicles operating in live traffic.

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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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The Veteran Affairs (VA) Loan Guide and Its Importance!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Are Long Term or Short Term Loan Periods Better? If you’re a veteran, thank you for defending the country, putting your life in the line of service, and keeping all citizens protected. Everyone surely appreciates all the hard work and sacrifices you made to make this country safe.

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EU Nations Warn Brussels Over Crisis Plan for Supply-Chain Gaps

Supply Chain Brain

Nine European Union member nations warned the bloc against overstepping its authority when it offers later this year a new plan to protect the bloc’s supply chain during crises, according to a letter.

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China Export Boom Fades as Supply Chains Shift

Supply Chain Brain

After two years of record exports, Chinese manufacturers are turning downbeat as consumers in their biggest markets curb spending and Covid lockdowns drive customers to competitors in the region.

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Procurement must rethink the supply base role

Positive Purchasing

The supply base has changed beyond recognition – how do we manage this dramatic difference and what is the role of SRM? Procurement has always operated within a changing landscape. But, in recent years, developments in the supply base have been nothing short of unprecedented. As if a global pandemic was not enough to contend with, the world has finally started to focus on sustainability and climate change and these recent developments are transforming much of our supply base.

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Critical Weather Strategies for Your Supply Chain

Supply Chain Brain

The global economy is supported by supply chains that are at the mercy of complex weather systems.

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Don’t Miss Out on a New Roundtable Hosted by Ardent Partners and The Future of Work Exchange

CPO Rising

Ardent Partners is back in-person on June 14 at the Harvard Club in Boston from 9:30 a.m. to 1:30 p.m. hosting its inaugural Future of Work event. An invitation is open to procurement executives passionate about the intersection of market trends and workforce dynamics. Click this link to reserve your seat. Consider Ardent Partners’ 2022 […].

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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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Could Smarter Labeling Ease the Supply Chain Crisis?

Supply Chain Brain

One of the most critical components in streamlining supply chains and ensuring that inventory reaches its destination is also one of the most overlooked: the label. .

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Supply Base Optimization: 6 Steps to Ensure Success

Procurify

Written by: Delaney Rombough. As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . Supply base optimization ensures that you are focusing on working with suppliers that are the most productive and beneficial to your business. .

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Watch: Time for a Paradigm Shift in Supply Chain Management

Supply Chain Brain

Just-in-time and Lean inventory strategies might have served their purpose in the past, but supply chains today are shifting their collective mindset to brace themselves against unanticipated disruptions, says Christine Barnhart, vice president of strategy and GTM with Verusen.

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Becoming a Female Mentor in Male-Centric Industries

Supply Chain Brain

Finding opportunities to help other women advance can make a lasting impression — and ultimately create change within male-dominated industries.

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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.