Tue.Oct 11, 2022

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Understanding The Purchasing Procurement Process 

ProcurePort

• The procurement process in any organization is a combination of several functions that require expertise ranging from sourcing, data collection and analysis, negotiation, accounting, risk management, project management, and many more. Though not set in stone, the procurement process can be understood through five phases. Needs Recognition– Needs are recognized at the department level […].

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Watch: E-Commerce Shoppers Are More Demanding Than Ever

Supply Chain Brain

Pandemic or no pandemic, e-commerce shoppers have upped their expectations of retailers and their logistics partners, with an emphasis on transparency, says Brian Bourke, chief growth officer with Seko Logistics.

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Railroads back to bargaining table after large union rejects labor agreement

Supply Chain Dive

The National Railway Labor Conference, which is representing railroads in negotiations, said that "failed ratification does not present risk of an immediate service disruption.

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Mississippi Barge Crisis Set to Deepen as Ohio River Now Sees Backups

Supply Chain Brain

Now the Ohio River, which provides about 60% of the Lower Mississippi River’s water, is seeing closures at multiple locations due to groundings and dredging work.

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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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FMC proposal requires ocean carriers to give shippers more details on demurrage charges

Supply Chain Dive

The rule comes after the agency investigated practices into the fees, which are accrued when shippers don’t move cargo fast enough.

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The LeverX Innovation Forum 2022: A Preview

Supply Chain Brain

Christoph Fischer, vice president sales for North America with LeverX Group, previews the LeverX Innovation Forum 2022, the company's annual customer event, set for October 19-21 in Miami, Florida.

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Walmart laying off 1,500 at Atlanta-area fulfillment center

Supply Chain Dive

The retail giant joins rival Amazon in scaling back warehouse capacity as e-commerce growth levels off in the late-pandemic era.

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4 Steps to Secure the Healthcare Data Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Improve Healthcare Quality! Data security has become a major concern over the last few years. It’s the responsibility of every sector, including the Healthcare Data Supply Chain, to ensure they secure their sensitive data from cyberattacks and other related issues.

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How Smart Supply Chains Are Navigating the New Normal of Volatility

Supply Chain Brain

Volatility is here to stay, and supply chains need long-term solutions to navigate change.

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7 Tips for Increasing Traffic to Your Frozen Slush Beverage Center!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 9 Small Business Marketing Ideas to Scale Your Marketing! If you own a frozen slush beverage center, you probably already know many benefits of owning and operating one. Customers love the convenience of having an ice cream shop right in their neighborhood, but they also love the premium quality of your frozen slush beverages.

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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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Modernizing procurement with the Alt Suite

Spend Matters

Categories: Category Management , Managed Services , Sponsored Article Tags: Sponsored Article Gone are the days when procurement’s agenda could be contained to a small set of self-selected priorities. Now, procurement professionals are tasked with servicing the complex sourcing requests from numerous stakeholders addressing new regulatory compliance requirements to furthering their organization’s ESG commitments, to name a few.

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Product quality issues hamper Conagra in Q1

Supply Chain Dive

The CPG was forced to pause manufacturing on multiple lines when certain goods did not meet specifications.

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Designing a New Procurement Supercharger

Art of Procurement

Designers of performance vehicles are always looking for opportunities to improve power. One way of doing this is to build. The post Designing a New Procurement Supercharger appeared first on Art of Procurement.

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Fast fashion giant Shein aims to cut emissions 25% by 2030

Supply Chain Dive

The online retailer will work with hundreds of its suppliers to implement greener practices.

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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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Amazon Labor Union, With Renewed Momentum, Faces Next Test

Supply Chain Brain

The election near Albany, to be spread out over four days between Oct. 12 and Oct. 17 in Castleton-on-Hudson, could help determine the future of the Amazon Labor Union.

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JAGGAER Teams up with The Smart Cube to Deepen Category Intelligence for its Autonomous Commerce Strategy

Jaggaer

The post JAGGAER Teams up with The Smart Cube to Deepen Category Intelligence for its Autonomous Commerce Strategy appeared first on JAGGAER.

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Warehouses Get a Makeover as Companies Seek to Appeal to Workers

Supply Chain Brain

Companies are adding features such as natural light and fitness centers, in hopes of attracting and retaining workers.

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Business Spend Management | Amplify Savings in Top Categories

Una

Amplify Your Business Spend Management Strategies with a GPO. By Hugo Britt | October 11, 2022. If you’re new to the concept of group purchasing , you may be asking yourself where, exactly, the biggest savings can be found. The answer is no secret: the steepest discounts exist in the most popular categories with the biggest volumes of purchasing. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers.

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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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Why Data Sharing is Limited in a Competitive Environment

Supply Chain Trend

This is a commentary on the article To Share or Not to Share: The Future of Collaborative Forecasting , Foresight 2022, Q4, by Pierre Pinson, Editor in Chief of The International Journal of Forecasting. Asymmetry of Data Ownership. In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking.

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Supply Chain Optimization Techniques to Achieve Your ECommerce Goals!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Invest to Make Your Supply Chain More Efficient! Supply chains are central to optimal eCommerce results. The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition. Needless to say, any issues in these intricate processes and lack of Supply Chain optimization leads to customer dissatisfaction and a poor reputation.

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Labor Department Moves to Change Independent Contractor Classification Rule

Supply Chain Brain

The Biden administration has embarked on its second attempt to undo a Trump-era standard that it says leaves workers vulnerable to mis-classification.

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Hospitality Career Options, Titles and Descriptions!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Get the Most out of Business Travel! (Infographic). So, you spent four years learning everything about a hospitality career and tourism, public houses, and dealing with problem clients. What can you do with that knowledge if you choose the hospitality field? Can you go straight to a hotel manager position?

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.