Mon.Jul 11, 2022

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A global food supply chain crisis: The causes, impacts and solutions

All Things Supply Chain

So far, 2022 has come with many ups and downs, with uncertainty remaining certain. We’ve seen supply chain shortages, supply chain recoveries, skyrocketing prices and much more.

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From Smartphones to Cars, Chip Supply Woes Baffle Investors

Supply Chain Brain

It’s getting complicated for investors in semiconductors, with last year’s big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.

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Risk Mitigation Strategies to Address Organizational Challenges

ivalua

The post Risk Mitigation Strategies to Address Organizational Challenges appeared first on Ivalua.

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California Throws 70,000 Truckers in Gig-Work Legal Limbo, Risking Supply Chains

Supply Chain Brain

About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed U.S. supply chains.

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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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Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174. The release includes a broad set of innovations to empower Procurement and Supply Chain leaders to improve collaboration among internal stakeholders and supplier

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The New Supply Chain Planning Paradigm: Planning Married to Execution

Supply Chain Brain

The new planning paradigm marries planning to execution, in a seamless and continuous cycle, keeping plans realistic, practical, and executable, while ensuring execution is focused on business objectives for optimal results.

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[Pod] The Big Debate: Procurement vs. Sales w/ Donna Donato, Chris Donato, and Megan Dimmer

Art of Procurement

“The more sales knows and the better we feel about the relationship, the more we’re going to fight to give. The post [Pod] The Big Debate: Procurement vs. Sales w/ Donna Donato, Chris Donato, and Megan Dimmer appeared first on Art of Procurement.

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Global Energy Crisis May Get Worse, IEA Warns

Supply Chain Brain

A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency.

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4 questions to ask before choosing a new supplier

Strategic Sourceror

In an economy where too many dollars aren't just chasing, but sprinting after too few goods, product-based industries are doing all they can to maximize output and capacity as much as possible. In order to do that, they need adequate, reliable and steady supply from their vendor, ideally from several of them. But as many organizations learned during the height of the COVID crisis, supply and unpredictability often go hand in hand.

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My Online Course on Udemy "Procurement Lab"

The Good Spending

" Procurement Lab" online course is now live on Udemy My new online course, " Procurement Lab , " is live on Udemy. "Procurement Lab": online business course for beginners and experts This online course isn't about generic purchasing, supplier management, or negotiations. Such training is abundant elsewhere on Udemy. As a consultant and tutor, I can spend long hours explaining each topic in detail.

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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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Box and Arkestro—Procurement Key Performance Indicators and Actionable Insights For Enhanced Supplier Diversity

Arkestro

Box is one of the most widely used enterprise technologies in the world for secure content management, workflow, and collaboration. As part of Box’s continuous advocacy towards ESG and Supplier Diversity, previous visibility into their supplier diversity spending was limited. That’s because Box didn’t have the detailed information and access to 3rd-party databases to understand how diverse and socially responsible their supply base was.

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Thomasnet.com® Industrial Buying Engine: Industrial Sourcing Made Easy

The Thomas Blog

We are excited to share the launch of the Industrial Buying Engine, a unified solution for you to connect with, evaluate, and buy from more than 10,000 top suppliers in the USA and Canada within one powerful ecosystem. With this new platform, you can: 1. Connect: Centralize Supplier Communication Through Messaging. Verified buyers with a Thomas Account can simultaneously communicate with multiple suppliers across the platform to discuss and quote projects in real-time.

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Are S2P solutions key to monitoring spend and reducing your costs?

Strategic Sourceror

Organizations that have utilized traditional procure-to-pay (P2P) solutions are experiencing the need to monitor spend efficiency more closely. The same holds true for businesses that have deployed a combination of disparate systems, alongside enterprise resource planning (ERP) software. Leaders are prompted to seek more robust solutions— while lowering costs —and find that a comprehensive source-to-pay (S2P) platform is the answer.

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Case Study: An Auto Manufacturer’s Supply Chain Goes From 0 to 60 (in less than a year)

NLPA (Next Level Purchasing Association)

Supply chain management is critical to achieving several business objectives. It is essential to company success and customer satisfaction. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. Client Introduction. When you’ve been making high-end sports cars for more than 70 years, you know your industry better than most.

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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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Procurement Experts on CPO Rising — Changing Mindsets for Digital Transformation

CPO Rising

Our “Procurement Experts on CPO Rising” series continues today with an excerpt from my 2021 episode of the Procurement Rising Podcast — Jacob Larsen, former director of digital procurement at Maersk Group, and a published author (click to listen to the full interview). Note that this excerpt has been edited for readability. Andrew Bartolini: Maersk Group is a […].

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Procurement Case Studies – 10 Insightful Examples

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Procurement Case Studies – 10 Insightful Examples. Negotiation occurs naturally when parties are dealing with one another to form an agreement. It is the first step in developing or creating an agreement that both parties will mutually benefit.