Wed.Jul 31, 2024

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Drug Supply Chains Need Better Visibility

Supply Chain Brain

Better communication is needed about the flow of drugs, from the manufacturer, through the distribution network to the hospital and, at the end, how those medications are being prescribed.

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FedEx, UPS roll out ‘exceptional discounts’ to SMB customers

Supply Chain Dive

The rivals' pricing battle has kept delivery rates lower and benefited shippers, according to the TD Cowen/AFS Freight Index.

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How Integrated Tactical Planning Enables Enhanced Decision-Making and Improved Outcomes

Supply Chain Brain

Formalizing weekly and daily execution processes helps to align short-term corporate activities with the goals articulated by corporate strategists.

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Industries with in-person work more frequently tout PTO in job ads, Indeed finds

Supply Chain Dive

While paid time off mentions in job ads have risen in recent years, workers still aren't taking enough time off.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Building the Automation Framework

Supply Chain Brain

Automation is no longer an option. Leaders of businesses large and small are demanding that their teams quickly implement automated supply chains.

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Factories’ AI adoption plans must be intentional to reap benefits

Supply Chain Dive

Early user engagement, solution champions and user groups can help sustain implementation, said Jennifer Peters, director of BI and data analytics at Nestlé Purina.

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OnTrac launches delivery coverage in major Midwest markets

Supply Chain Dive

The carrier's expansion into Illinois, Minnesota, Wisconsin and Missouri adds to the momentum that FedEx and UPS alternatives have seen in recent years.

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Invisible Threats A 2024 Guide to Managing Hidden Supply Chain Risks

Supply Chain Brain

Invisible Threats gives supply chain professionals guidance on identifying risk hotspots right now based on data analysis of private and public companies’ financial health, by NAISC.

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3 Foundations for an Effective Multi-Enterprise Supply Chain Network

The Network Effect

The post 3 Foundations for an Effective Multi-Enterprise Supply Chain Network appeared first on The Network Effect.

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How AI and Low Code Are Helping Build Agile Supply Chains

Supply Chain Brain

Join Bizagi and Tech Mahindra for an engaging webinar where we showcase how AI and Low Code are helping build agile supply chains. During this webinar we will demonstrate real-time visibility, effective escalation, and seamless collaboration through a supply chain use case.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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The Ultimate Guide to Bids and Tenders for Business Success

Procurement Freelancers

When businesses want to purchase goods or services, they often use bids and tenders to… The post The Ultimate Guide to Bids and Tenders for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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Temu Sellers Protest Against Company Over Fines for Customer Returns

Supply Chain Brain

The new penalties reportedly went into effect in April, fining sellers up to five times the original value of a sale when a customer returns a purchase for a refund.

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Best Practices in Strategic Purchasing for Complex Markets

Procurement Freelancers

Navigating complex markets can be difficult for organizations in the fast-paced business environments of today.… The post Best Practices in Strategic Purchasing for Complex Markets first appeared on Procurement Blog | Procurement & Supply Chain News.

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A Guide to Right-sized Packaging for 3PL

Supply Chain Brain

Right-sized packaging automation offers many benefits, including reduced labor and shipping costs, increased throughput, and an overall lower carbon footprint. In this guide, we’ll share some of the challenges 3PLs experience and how an On Demand Packaging® solution can help.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Another Far Side Look At Procurement

Procurement Insights

Question: Which one in this picture is the AI sales representative or marketing person? Which one is the procurement professional? Hint: One of the four characters represents the results of most AI initiatives (but don’t give it away).

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How to Optimize the Design of Your Supply Chain Network

Supply Chain Brain

Your supply chain network forms the foundation that your business is built upon. Designing and deploying a robust supply chain network will position your company for growth, while failing to do so can put your business on shaky ground.

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Digital maturity or readiness has never been about technology or being tech-savvy

Procurement Insights

Digital maturity is a crucial milestone that organizations worldwide are striving to achieve. But what exactly is digital maturity, and how can your organization achieve it? – Eric Kimberling, LinkedIn (July 30th, 2024) Digital maturity or digital readiness doesn’t start with technology – it has little to do with tech savviness. Here is an excerpt from an article – [link] “When I am asked what I think about the “evergreen” evolution of high-tech computing, my answer

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China’s BYD Seeks Entry to Canada EV Market Despite Likely Tariffs

Supply Chain Brain

Canada is set to wrap a 30-day consultation on measures to restrict Chinese EV imports on August 1 — including higher tariffs to align with the U.S. and EU.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Technology Round-Up — July 31, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management… The post Technology Round-Up — July 31, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Delta CEO Says CrowdStrike Crash Could Cost Airline $500K

Supply Chain Brain

Although Delta was one of many airlines affected by outage, it appeared to have been hit the hardest, after needing five days to get its crew tracking systems back online.

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Does Direct Spend need its own Tech Stack?

The Procuretech Podcast

This week on The Procurement Software Podcast, host James Meads delves into some unique technology needs that direct procurement teams are often facing. James explores how specialised tech stacks, including advanced inventory management systems, supplier relationship tools, and risk mitigation software, can address the distinct challenges faced by direct procurement teams.

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Optimal Parcel Packing For Cost

Supply Chain Brain

For all but the 3-4 largest retailers in the US, packing cost-optimally has been an elusive goal with a few available solutions. In this white paper, we’ll measure and triage cost factors from transportation to materials to labor and show how Paccurate’s cartonization engine can help in areas where standardization is no longer good enough.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.