Thu.Oct 24, 2024

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How Additive Manufacturing Is Reshaping U.S. Industries and Supply Chains

Supply Chain Brain

In recent years, reshoring has evolved from a strategic consideration to a central priority for both policymakers and businesses. A key element of the reshoring push is additive manufacturing.

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Top UPS shippers temper holiday volume forecasts

Supply Chain Dive

A condensed peak season is expected to increase in-store shopping activity, which could blunt home delivery demand.

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U.S. STB Approves Transaction That Creates Rail Link Between Mexico, U.S. South

Supply Chain Brain

The acquisition by CSX and CPKC will create a new interchange in Alabama that will connect shippers in Mexico, Texas and the Southeast U.S.

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UPS’ Happy Returns taps into Geek+ sorting robotics

Supply Chain Dive

The provider’s Pennsylvania hub is seeing reduced processing times by leveraging 150 robots to help handle returns volume.

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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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Improving B2B Supply Chain Promising With a Microservices Approach

Supply Chain Brain

B2B buyers aren’t just thinking about cost. Like their B2C counterparts, they have customer-experience expectations and shipping requirements to consider.

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Spend Matters Future 5 2024 – Introducing COVALYZE

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

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More Trending

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Arkansas could be a lithium treasure trove

Supply Chain Dive

The state’s Smackover Formation region may contain up to 19 million tons of the critical mineral, more than enough to meet projected global demand in 2030.

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DOE Awards $428M to Address 'Critical' Energy Supply Chain Needs

Supply Chain Brain

The projects selected are each focused on one of five areas: energy grid components, batteries, low-carbon materials, clean power generation, and energy-efficient products.

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Spend Matters Future 5 2024: Why we chose COVALYZE

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , COVALYZE, Halo Ai , ivoflow and True ValueHub. To warrant such attention, these vendors must have a product that is ideally 2-to-5 years old, is used by more than five customers and displays an innovative applic

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NHTSA Opens Probe into Tesla 'Full Self-Driving' System

Supply Chain Brain

If the agency finds that the system poses enough of a safety risk, it could potentially order a full recall of all vehicles that use the software.

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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 last 30 seconds of Kris Timmermans’ DPW presentation is shocking – but not in a good way

Procurement Insights

The following is a DPW post on LinkedIn : Why do some companies scale AI while others get stuck in the proof of concept stage? Accenture research reveals that 75% of executives fear their business won’t survive without scaling AI in the next 5 years. Yet, 76% are struggling to make it happen. At hashtag#DPWAmsterdam , Accenture’s Kris Timmermans highlighted 3 key factors that drive the shift from experimental to exponential AI impact.

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EU Considers Tariff Hikes on More Russian Agricultural Goods

Supply Chain Brain

Several EU member states eager to limit Moscow’s revenues have been urging the bloc to impose sweeping levies on agricultural and fish imports from Russia.

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FTC appeals noncompete ban decision to 5th Circuit

Supply Chain Dive

Ryan, LLC and the U.S. Chamber of Commerce previously landed a victory with a federal district court ruling in their favor.

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Dali’s Owners Agree to Pay U.S. $100M for Bridge Crash

Supply Chain Brain

The settlement does not include any damages for the reconstruction of the Francis Scott Key Bridge.

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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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Essential Guide to Supplier Collaboration

Jaggaer

Essential Guide to Supplier Collaboration Supplier collaboration is redefining success across industries. It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.

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Unlock $20M Savings with Superior Efficiency: Robotic Sortation vs. Traditional Unit Sorters

Supply Chain Brain

If you’re considering replacing an end-of-life unit sorter or investing in a costly new one, and want to hear how you could save $20M+ join this webinar first. Discover how Berkshire Grey’s Robotic Sortation system addresses the issues that each aging unit sorter brings to your operations.

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Supplier Collaboration: Driving Innovation and Competitive Advantage

Jaggaer

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. The concept goes beyond traditional buyer-supplier relationships, focusing on creating value through closer, more integrated partnerships.

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The SaaS Market and IT Procurement: A $350 Billion Opportunity or a Continued Shoving Around the Executive Table?

The Good Spending

S SaaS is booming—but at what cost? The market is set to skyrocket, potentially reaching $1 trillion by the early 2030s—up from the current $240-$320 billion range. But this explosive growth hides a disturbing flipside. 2. The hidden cost: unused licenses and soaring spend. Nearly 50% of SaaS licenses go unused, while companies add an average of six new apps each month, building on an already bloated base of 269 apps.

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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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The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships

Jaggaer

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction.

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Procurement Analytics: Key Methods, Tools & Use Cases for Data Savvy Procurement Professionals

Art of Procurement

As a modern day procurement professional, you need to have strong analytical skills and the ability to make data-informed decisions. The post Procurement Analytics: Key Methods, Tools & Use Cases for Data Savvy Procurement Professionals appeared first on Art of Procurement.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily.

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Understanding Procurement’s Error Chain And It’s Impact On ProcureTech Implementation Success

Procurement Insights

EDITOR’S NOTE: Use the following link to join the in-depth discussion stream on LinkedIn. Michael Lamoureux , you make an excellent point for which there are two discussion tracks: 1. See my comment above regarding the two sets of questions I asked ChatGPT. 2. Check Akash Mittal ‘s comments in this same discussion stream. Your and his answer brings to mind the aviation term “Error Chain.” Check out the following video both before and after reading the following two key po

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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.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logist

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Is It Time For ProcureTech To Start Its Own “Dynasty” Reality League?

Procurement Insights

A dynasty fantasy football league is a type of fantasy football format where team owners keep the majority or all of their players from year to year, rather than starting fresh with a new draft each season (as in traditional “redraft” leagues). The focus in a dynasty league is on building a long-term team, similar to how real NFL teams manage their rosters over multiple seasons. – Source (ChatGPT) Have you ever noticed how unwieldy most ProcureTech solution maps are becoming?

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Understanding Chinese Business Culture Through Personal Experiences

Procurement Express

Chinese business culture is a complex tapestry woven from rich traditions, modern practices, and unique interpersonal dynamics. This blog delves into various aspects of this culture, drawing insights from personal experiences and observations. From the importance of relationships to the nuances of communication, the following sections offer a comprehensive understanding of what makes doing business in China distinct.

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9 Steps to Improving Supplier Collaboration for Competitive Advantage

Jaggaer

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Making key suppliers more like business partners than cost-reduction entities.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Balancing Power and Purpose for Profit

Procurement Express

In today’s competitive business landscape, the need to balance power and purpose has become paramount. Organizations must navigate the complex interplay between profitability and meaningful impact. This blog explores the essential elements of leadership, profitability, and how a purpose-driven approach can lead to sustainable success. The Role of Leadership in Business Leadership is more than just making decisions; it’s about creating an environment where everyone can thrive.

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Maximizing Cost Savings Through Strategic Supplier Collaboration

Jaggaer

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. The emphasis has shifted toward strategic partnerships, with a key focus on reducing costs while fostering long-term supplier collaboration.

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Positive Purchasing Partners With Mithra-Ai

Positive Purchasing

We’re Excited to Announce Our Partnership with Mithra-Ai! At Positive Purchasing, we recognize that data foundation is a problem for procurement. Category owners and leaders often struggle to get clear visibility into what’s happening across the organization. That’s why we’re thrilled to partner with Mithra-Ai to help close the data gap! Mithra-Ai specializes in offering a trusted data foundation to help organizations analyze, assess and execute category strategies they are responsible for.

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The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships

Jaggaer

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships. Though the introduction of AI into our everyday lives is relatively new, its abilities meet critical needs, enhances efficiencies, and allows procurement professionals to avoid being bogged down by

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?