Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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What advice have you received that has stood the test of time?

Procurement Insights

My career has spanned many decades – and yes, 64 is the new 46, during which I have had the opportunity to meet, talk with at length and do business with some amazing people. That is one of the main benefits of hosting and guesting 900 podcasts and several television and terrestrial radio shows. In short, it is the relationships you forge and what you learn along the way that is the real benefit.

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Why Change Management Is Crucial In Procurement Transformation Projects

Barkers Procurement

Efficiency and cost cutting are everything in procurement, and when you implement changes to improve these, it’s inevitable that you’re going to cause some disruption. To keep the project on course and transition smoothly, you need a solid change management programme. Without one, your procurement transformation project can really come off the rails.

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CPO Rising 2023: Procurement’s Biggest Challenges

CPO Rising

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

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[Pod] The Care and Feeding of the Procurement Startup Ecosystem

Art of Procurement

Looking at any of the digital procurement ‘spider charts’ suggests that procurement is an incubator for a vast array of. The post [Pod] The Care and Feeding of the Procurement Startup Ecosystem appeared first on Art of Procurement.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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The Big Interview with Fraser Macdonald

Procurement Heads

For Procurement Heads’ latest Big Interview, he spoke with  Sagar Bhardwaj  about his procurement career. How did you get into Procurement? My career in procurement started when I completed my apprenticeship in business and administration at 17, working within the local authority where I was part of the property management and investment team and was involved in the publication of pin notices, quick quotes and mini competitions.

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Supply Chain Weekly Wrap-Up 08/11/2023-08/17/2023

All Things Supply Chain

EV battery imports from China now face scrutiny under US law The U.S.

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Top U.S. Firms from Apple to Intel Decry India PC Import Curbs

Supply Chain Brain

In a letter to U.S. officials, eight American trade groups asked the Department of Commerce, the U.S. Trade Representative and the government to urge India to reconsider the policy.

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354: Stop Supply Chain Chaos and Get One Step Ahead, with Osa Commerce

Let's Talk Supply Chain

  Today I’m joined by Osa Commerce , an innovative software provider that is on a mission to tackle data chaos in the supply chain. Osa specialize in connecting, unifying, and automating commerce operations for retailers, logistics providers and their customers. With its advanced AI-powered collaborative visibility platform and intelligent decision-making capabilities, Osa powers supply chains to sell wherever their customers are, so they can focus on scalable growth – and be one step ahead.

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From Peril to Preparedness: Navigating Supply Chains Amid Changing Climate Dynamics

SCMR (Supply Chain Management Review)

Extreme weather events that were once considered anomalies are now becoming part of our daily lives. Artificial intelligence is providing new opportunities for supply chains to mitigate some of these risks.

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US Open heralds new era of fan engagement with watsonx and generative AI

IBM Supply Chain Blog

As the tournament’s official digital innovation partner, IBM has helped the US Open attract and engage viewers for more than three decades. Year after year, IBM Consulting works with the United States Tennis Association (USTA) to transform massive amounts of data into meaningful insight for tennis fans. This year, the USTA is using watsonx , IBM’s new AI and data platform for business.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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Watch: Warehouse Automation Is More Than Just Robotics

Supply Chain Brain

Robotics and artificial intelligence are on everyone's mind, but many operators don't need that level of technology at this point, says Jason Joachim, chief executive officer of Cargo Spectre.

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Yellow’s top 30 unsecured creditors may see little or no money

Supply Chain Dive

The government’s estimated 30% stake in the bankrupt company puts it first in line for funds raised through sales of the LTL carrier’s assets, an expert says.

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The Nearshoring Revolution Is Just Beginning

SCMR (Supply Chain Management Review)

To make better informed decisions, companies must expand the equation to understand the cost of risks associated with quality, warranty, inventory, write-offs, and lead time, including ESG factors and service levels says AlixPartners, in a new report detailing the supply chain’s impact on nearshoring.

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The Importance Of Supplier Auditors In Ensuring Quality And Compliance

Procurement Freelancers

Ensuring the calibre and conformance of vendors: Is this something you desire? Well, look no… The post The Importance Of Supplier Auditors In Ensuring Quality And Compliance first appeared on Procurement Blog | Procurement & Supply Chain News.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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From Awareness to Action: The Battle for Safer Food in an Era of Rising Recalls

Supply Chain Brain

Imagine a world where technology is used to connect a finished food product with its own supply chain data, as well as any information pertaining to sources for its ingredients.

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What’s behind the summer of supply chain labor unrest?

Supply Chain Dive

From port disruptions to UPS and Yellow's dust-ups with the Teamsters, disputes between unions and employers are a recurring threat to the steady flow of goods.

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Supply Chains Can’t Find Talent With The Right Skill Sets

SCMR (Supply Chain Management Review)

Sixty-four percent of Alcott Global survey respondents said a lack of the appropriate skillset is the biggest obstacle to hiring new supply chain talent.

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Applying cyber resilience to DORA solutions

IBM Supply Chain Blog

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. DORA establishes technical standards that financial entities and their critical third-party technology service providers must implement in their ICT systems by January 17, 2025.

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CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport. CEVA leveraged Kinaxis to eliminate blind spots across supply chain activities, centralize order and logistics management, and drive cost-effective plans for order execution.

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Russian Oil Switched Between Tankers Off Spanish Enclave After Four-Month Hiatus

Supply Chain Brain

The Tiburon collected about 100,000 metric tons of Urals crude originally loaded at the Baltic Sea port of Ust-Luga from a similar-sized vessel, the Lucia, over the past week.

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4 ways Cainiao is thinking about logistics tech

Supply Chain Dive

Group VP and General Manager of Logistics Technology Ding Hongwei discusses future tech opportunities, adoption challenges and falling behind the curve.

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July retail sales see gains, notes Commerce and NRF

SCMR (Supply Chain Management Review)

Commerce reported that July retail sales, at $696.4 billion, were up 0.7%, from June to July, and up 3.2% annually. NRF reported that July retail sales, which does not include automobile dealers, gasoline stations, and restaurants, rose 1% on a seasonally-adjusted basis over June and increased 3.8% annually on an unadjusted basis.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — JAGGAER

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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DP World Adding 3M TEU of Handling Capacity in 2023

Supply Chain Brain

The expansion includes 1.2 million additional TEUs in the Dominican Republic, a projected 579,000 TEUs in Turkey, 500,000 more TEUs in Egypt and 200,000 additional TEUs in Saudi Arabia.

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Who will pay to decarbonize the supply chain?

Supply Chain Dive

Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

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When Reshoring Projects Fail

SCMR (Supply Chain Management Review)

The temptation to reshore manufacturing is growing, but there are pitfalls that can derail a project if proper planning is not part of the process.

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Tonkean: Vendor Analysis — Intake management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Tonkean, an IT platform that intelligently automates the intake, triage and coordination of every procurement request. Tonkean’s capabilities place it among the new solution category of intake management solutions that seek to enhance user experience and adoption. This Vendor Analysis also explores the concept behind Tonkean’s platform, application and supporting services.

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Hot Off the Grill: Optimizing Summer Supply Chains for Seasonal Staples

Speaker: Glenn Koepke and Steve Rotter

This webinar – coming to you from Glenn’s own backyard – discusses the importance of supply chain visibility for seasonal shipping, new product promotions, and holiday ramping in the F&B and retail industries while providing sizzling secrets to creating the juiciest meats for your barbecue. Hear success stories from Land O’Lakes, Coca-Cola, and Dollar Tree on how they beat the summer supply chain heat with real-time visibility.

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Indonesia Delays $20B Energy Transition Fund Investment Plan

Supply Chain Brain

Officials said the delay will give technical experts more time to prepare a pathway for the power sector's transition and provide a window for public comment before the plan is finalized.

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Mitsubishi Motors Europe, Vinturas partner on blockchain-powered supply chain

Supply Chain Dive

The automaker will use blockchain technology from Vinturas to precisely track the movement of newly built vehicles from its factories to consumers.

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The Supply Chain Memo

SCMR (Supply Chain Management Review)

Supply chain organizations that seize the opportunity are those that appreciate the world around us is changing significantly, and nature teaches us that those that’ll survive and subsequently prosper are those that can effectively adapt to change.

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Take advantage of AI and use it to make your business better

IBM Supply Chain Blog

Artificial intelligence (AI) adoption is here. Organizations are no longer asking whether to add AI capabilities, but how they plan to use this quickly emerging technology. In fact, the use of artificial intelligence in business is developing beyond small, use-case specific applications into a paradigm that places AI at the strategic core of business operations.

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology. In "The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment," you'll find lessons from AT&T and GSK on managing today’s supply chain disruptions.