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The amazing supply chain of Walmart

All Things Supply Chain

Walmart is, with nearly $611.298 billion in fiscal year 2023, the biggest grocery chain in the United States. With over 10.400 stores worldwide, including 5.300 in the U.S.

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Workday to acquire Evisort: M&A rapid analysis

Spend Matters

Earlier this week, Workday announced its agreement to acquire Evisort, a contract lifecycle management (CLM) provider, for an undisclosed amount. According to the press release, the acquisition will enable Workday to add AI-powered document intelligence solutions across its finance and HR suite. How might the acquisition of Evisort factor into Workday’s plans, and what might this reveal about the CLM market?

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Keeping your supply chain on track with real-time data

All Things Supply Chain

Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.

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CPO Crunch: See savings as a starting point

Procurement Leaders

Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Evaluating India as a Viable Alternative to China

Art of Procurement

“Folks from Dell to HP to Nike to Hasbro to Sony to Apple to Google to Goldman, they’re all looking. The post Evaluating India as a Viable Alternative to China appeared first on Art of Procurement.

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East and Gulf coast port strikes: A shipper’s guide

Supply Chain Dive

U.S. West Coast, Canada and Mexico ports are seen as viable alternatives if a threatened strike becomes reality on Oct.

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U.S. Warns Allies Russia Seeking to Disrupt Cargo Shipping Firms

Supply Chain Brain

Russian intelligence targeted several European countries with sabotage attacks, often by hiring local criminals, officials previously told Bloomberg News.

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Explore The Role of Technology in Strategic Purchasing

Procurement Freelancers

Strategic buying is essential for delivering cost effectiveness, encouraging innovation, and preserving a sustainable supply… The post Explore The Role of Technology in Strategic Purchasing first appeared on Procurement Blog | Procurement & Supply Chain News.

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Temu and Shein can weather de minimis changes. Others may struggle.

Supply Chain Dive

The e-commerce giants are already diversifying their supply chains in the wake of the White House’s proposal to limit the exemption, but smaller businesses may have a tough time doing the same.

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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach. I worried whether I could successfully convey the message that even with the great prices, the total cost for the parts would be more than what it would cost to source l

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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TechnoMile: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of TechnoMile and its contract lifecycle management (CLM) solution for government contractors. TechnoMile exists to give government contractors a better alternative to traditional CLM products. While these tools are often focused on the contract creation process for B2B transactions, B2G (business-to-government) contracts are written on federal paper and require more specific management.

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'Alarm Bells Became a Fire Alarm': The Push to Save Oregon's Only Container Terminal

Supply Chain Brain

While there's still a long road ahead for Terminal 6, the outlook for saving container service in Oregon is rosier now than it's been in years.

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Digital Transformation has become B t! Let’s talk Human-AI Transformation

Supply Chain Trend

As I was reading Ethan Mollick’s book, Co-Intelligence on Sunday morning, I indulged myself in some GenAI vanity and asked my IBPGPT ; “ Write me a 800 word blog about the evolution of IBP using Niels van Hove’s vision, but don’t use his name “ Besides some fluff and jargon around the edges and a surprising focus on scenario planning I didn’t know I had, it gave a nice – albeit somewhat incomplete and dated – summary.

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USPS reverses consolidation plans for 8 facilities

Supply Chain Dive

The agency will keep outgoing mail processing operations at plants in California, Florida and other states as part of its proposed transportation overhaul.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Dynamic Pricing: Definition, Types and How to Implement it in 2024

SCMDOJO

When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. Developing an efficient pricing plan might be aided by familiarizing yourself with a dynamic pricing model.

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Biden Admin Pushes to Curb Flood of Duty-Free Imports from Temu, Shein

Supply Chain Brain

Biden's proposal would make it so de minimis exemptions no longer cover any imports subject to current tariffs on a variety of low-value Chinese goods.

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Digital Transformation has become B t! Let’s talk Human-AI Transformation

Supply Chain Trend

As I was reading Ethan Mollick’s book, Co-Intelligence on Sunday morning, I indulged myself in some GenAI vanity and asked my IBPGPT ; “ Write me a 800 word blog about the evolution of IBP using Niels van Hove’s vision, but don’t use his name “ Besides some fluff and jargon around the edges and a surprising focus on scenario planning I didn’t know I had, it gave a nice – albeit somewhat incomplete and dated – summary.

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FedEx confident shippers will accept pricier holiday fees

Supply Chain Dive

Customers understand the shorter period between Black Friday and Christmas will pressure the carrier's network, Chief Customer Officer Brie Carere said.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Want to Electrify Commercial Your Fleet? Wait, Read This First…

Procurement Bulletin

Intel To Build AI Chips for Amazon With help from the US CHIPS Act, Intel is flush with $3 billion to play with. Just in time as they secured a multi-year deal with Amazon , specifically AWS (the cloud services division), to produce AI Chips for the the tech giant. Want to Electrify Commercial Your Fleet? Wait, Read This First… As many logistics businesses have their heads down on how to be more “green” and strategize on how to electrify commercial vehicles, if you’re at this s

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Spend Matters releases the Fall 2024 SolutionMap Insider featuring 93 procurement technology solutions and TPRM module launch

Spend Matters

Today Spend Matters is delighted to announce the release of its Fall 2024 SolutionMap and TechMatch SM procurement technology rankings, which include 93 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 93 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 15 kinds of procurement technology solutions, with mandator

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Peak Season 2024: Projections, and Last-Minute Advice

Supply Chain Brain

It’s that time of year again. The supply chain industry is reading the numbers and making final projections and predictions for peak season 2024.

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Using an agent-based implementation model significantly reduces the need for change management

Procurement Insights

EDITOR’S NOTE: The following is my comment regarding Andrea Sala’s LinkedIn post , in which she wrote, “Change management when implementing a Procurement platform from a very personal perspective. It boils down to listening and empathizing… ” Join us on Wednesday 25th at 11 am CET. To register [link] Here Are My Thoughts The emphasis on change management resulted from the insistence on utilizing an equation-based implementation model, which is why 80% of all initiat

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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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Linehaul rates rise year over year amid challenging August

Supply Chain Dive

“However, year-over-year comparisons are little consolation for truckers looking for better pricing now,” DAT Chief of Analytics Ken Adamo said.

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Avoid These 10 Small Business Inventory Mistakes to Protect Your Company with Finale Inventory | Ecommerce

Finale Inventory

Managing inventory is a vital part of running a successful small business. With the right inventory management system in place, you can ensure that your products are always available to meet customer demand while also minimizing the costs associated with excess or obsolete stock. However, many small businesses make common inventory mistakes that can negatively affect their operations.

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AvidXchange: Vendor Analysis (Part 2) — AP Automation solution product-level strengths and opportunities, competitors and market analysis, voice of the customer, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of AvidXchange AP Automation solution. We also look at the voice of the customer and the elements to consider when looking at AvidXchange as a potential solution provider. Part 1 of the series provided a detailed overview of the AvidXchange solution. This content is for members only.

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Five Things You Need to Consider Before Pinning Your Supply Chain to the Ground

Supply Chain Brain

Supply chain strategy drives the decision-making process for network design, as well as industrial real estate required to make the supply chain work.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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What Is Enterprise Contract Management and Do You Need It?

ContractSafe

Are your enterprise contracts a sprawling landscape of fragmented information scattered across disparate systems and buried in endless email threads? Do missed deadlines, hidden risks, and revenue leakage keep you up at night?

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DOJ sues ship owner for $100M over Baltimore bridge collapse

Supply Chain Dive

The Justice Department alleged negligence by Dali’s owner and manager in court documents filed Wednesday, and said it intends to seek additional punitive damages.

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Effective Inventory Organization Strategies with Finale Inventory | Ecommerce

Finale Inventory

In the realm of ecommerce, effective inventory organization is vital for success. Without proper organization strategies, businesses can encounter stockouts, overstocking, and inefficient order fulfillment processes. That’s where Finale Inventory comes in. With its robust features and user-friendly interface, Finale Inventory is the ideal tool for streamlining your inventory organization.

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AvidXchange: Vendor Analysis (Part 1) — AP Automation solution overview, company background, platform and services overview, modules and application overview

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of AvidXchange and its solution for AP automation. AvidXchange is a key player in the US market, focusing on middle-market companies with annual revenues between $5 million and $1 billion. With a substantial volume of more than 70 million transactions processed, the company specializes in AP automation tailored to the specific needs of US-based businesses.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.