Tue.Jul 18, 2023

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Every Body’s Talking: Learning to Interpret Body Language

Positive Purchasing

The Fact Is We All Negotiate Whether it’s with our partner, our parents, children, friends, suppliers, customers or even our colleagues, when we want somebody to do something, we may well need to persuade them. And this is very much what negotiation is – persuading somebody else to either see something our way, or to do something that we want.

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Watch: How Chief Supply Chain Officers Bring Competitive Advantage to Business

Supply Chain Brain

Pierfrancesco Manenti, Gartner vice president analyst, says "commercial innovation" refers to the efficiencies that chief supply chain officers bring to the provider and to the customer.

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Importance of Contract Management in Achieving Value for Money in the Procurement System

SCMDOJO

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.

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U.K. Set to Win Battle for Electric Jaguar and Land Rover Battery Plant

Supply Chain Brain

Tata previously considered building its battery site in Spain, but a decision favoring the U.K. will help to secure the future of JLR’s plants in its traditional home market.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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How P&G stays on top of its game

SCMR (Supply Chain Management Review)

P&G has transformed its supply chain in the past 10 years, and it continues to be among the world’s most successful supply chains. Fares Sayegh has been there through it all and explains how it happened.

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Amazon Reports First Drop in Its Greenhouse Gas Emissions

Supply Chain Brain

In a sustainability report, the company said its carbon emissions fell by 0.4% from 71.54 million metric tons in 2021 to 71.27 million metric tons in 2022.

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Inflation is Inflicting Pain on Supply Chains. Here’s How to Ease It.

Supply Chain Brain

As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.

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Analyst Eye on travel and expense management tool innovation since the coronavirus pandemic

Spend Matters

Every week, Spend Matters analysts turn their eye toward the procurement tech trends they observe in the marketplace. This week, Meena Ibrahim discusses her specialist area of expense management and how it has evolved for the post-pandemic world. According to an industry poll by Global Business Travel Association , business travel has jumped back to 63% of pre-pandemic travel levels and is expected to continue to grow.

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Costa Rica Forms Semiconductor Partnership with the U.S.

Supply Chain Brain

The U.S. Department of State said the two countries will explore opportunities to diversify and expand the global semiconductor market.

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Big Brown prepares ‘temporary plan’ should Teamsters go on strike

SCMR (Supply Chain Management Review)

UPS has begun making contingency plans should Teamster members go on strike Aug. 1, putting hundreds of thousands of shipments in jeopardy.

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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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Teamsters Head Asks White House to Not Interfere in Potential UPS Strike

Supply Chain Brain

During a July 16 webcast, Teamsters president Sean O’Brien said that he asked the White House to stay away on numerous occasions.

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How Canada’s West Coast port labor negotiations unfolded: a timeline

Supply Chain Dive

Months of talks led to a nearly two-week strike and cargo standstill, but concluded after a settlement was proposed by government mediators.

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Analyst Eye on travel and expense management tool innovation since the coronavirus pandemic

Spend Matters

Every week, Spend Matters analysts turn their eye toward the procurement tech trends they observe in the marketplace. This week, Meena Ibrahim discusses her specialist area of expense management and how it has evolved for the post-pandemic world. According to an industry poll by Global Business Travel Association , business travel has jumped back to 63% of pre-pandemic travel levels and is expected to continue to grow.

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‘Automation mode’: OSM Worldwide adds new sorting systems to speed fulfillment

Supply Chain Dive

President James Kelley said the Postal Service consolidator has made big investments to keep packages flowing in a tough hiring environment.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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5 Challenges Facing the VPs of Supply Chain & Manufacturing in 2023

Arkestro

Resources / Blog / 5 Challenges Facing the VPs of Supply Chain & Manufacturing in 2023 5 Challenges Facing the VPs of Supply Chain & Manufacturing in 2023 If you thought supply chain and manufacturing challenges would be the least of your worries going into 2023, you’re either a resilient optimist or spent the last three years living under a rock.

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Walmart celebrates 10th anniversary of local supplier pitch competition

Supply Chain Dive

The retailer’s largest sourcing event is part of a broader strategy to source products that are made, grown or assembled in the U.S.

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FMCG Client – Consumer Packaged Goods

Barkers Procurement

Our FMCG client chose a major Indian outsourcer as their preferred managed service partner in late 2020. The scale of the transformation programme is significant. It has led to the creation of over 100 different Statements of Work (SoWs) and Change Requests (CRs), ranging from complex managed service agreements to systems development and integration projects, and resources contracts.

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FedEx lands former Atlas Air leader as new CFO

Supply Chain Dive

John Dietrich will succeed the retiring Mike Lenz on Aug. 1 as the company continues to trim costs in its Express aircraft fleet.

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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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Top Technical Skills in the Digital Age of Procurement

Una

Top Technical Skills in the Digital Age of Procurement Explore the top technical skills purchasing professionals should have to be successful in the rapidly changing digital age of procurement. By Hugo Britt | July 18, 2023 Search Search Technical skills are changing in procurement. Not long ago, purchasing professionals were expected to master the various stages of the sourcing cycle, but the reality is that AI and ML-driven automation are creating the need for an entirely new skillset.

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Kraft Heinz to build $400M automated distribution center in Illinois

Supply Chain Dive

The high-tech warehouse is expected to open in 2025 and feature end-to-end automation that includes storage and retrieval systems.

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How Spend Intelligence Transforms Savings into Social Impact and Sustainable Growth?

SpendHQ

With climate and social equity issues ever approaching a crisis point, responsibility for the future has fallen squarely on corporations and the way they operate. Procurement professionals have quickly become key actors in the race to drive change and are always looking for new ways to increase their impact. The post How Spend Intelligence Transforms Savings into Social Impact and Sustainable Growth  appeared first on SpendHQ.

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June retail sales head up, reports Commerce and NRF

SCMR (Supply Chain Management Review)

Commerce reported that June retail sales, at $689.5 billion, rose 0.2% over May and saw a 1.5% annual increase. NRF reported that June retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.4%, from May to June and were up 3.3% on an unadjusted basis annually.

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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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Working Capital: What Is It, How To Calculate, and Why It’s Important

Planergy

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

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Global Logistics Market to Exceed $16T by 2032, Study Finds

Supply Chain Brain

The global logistics industry generated $9.83 trillion in 2022, meaning the sector will experience a compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.

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Unleashing Terraform for Kubernetes secret management with IBM Cloud Kubernetes Service and Secrets Manager

IBM Supply Chain Blog

In this blog post, we explore the practical implementation of utilizing Terraform on IBM Cloud to create and manage secrets by seamlessly integrating your IBM Cloud Kubernetes Service with IBM Cloud Secrets Manager. Previously, this functionality to manage TLS and non-TLS certificates and secrets was primarily accessed through the CLI using the namespace ibmcloud ks ingress secret.

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[VIDEO] LabCentral Powers Scientific Achievement Through Procurement

Jaggaer

Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.

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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.

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351: Transform Your Freight Forwarding Business, with GoFreight

Let's Talk Supply Chain

Today I’m joined by GoFreight , an all-in-one software provider that is on a mission to build a global company that is customer-obsessed, values innovation in technology, and solves problems with deep empathy and brilliant simplicity. GoFreight is a customer-first SaaS company that is revolutionizing the logistics and supply chain industry. Passionate about providing best-in-class solutions and customer service, GoFreight consolidates the complexities of running a freight forwarding business fro

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15 Best Purchasing Software Solutions for SMEs

Procurement Software

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Yes, it’s probably true that micro-businesses probably won’t see a benefit from these applications.

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Customer Case Study – Nick Verkroost (Canopy) and Anna Williams (Unispace)

The Procuretech Podcast

Host James Meads is joined by two guests, this week. Nick Vekroost is the CEO of procurement tech company Canopy. Anna Williams is head of procurement at the office design and build organisation Unispace, where Canopy has been successfully implemented. This is a rare opportunity to speak to a procurement tech provider and one of that provider's clients at the same time.