Wed.Dec 04, 2024

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New Developments in Supply Chain Management: 2024 and Beyond

All Things Supply Chain

Supply chain management (SCM) is at the forefront of a technological and strategic revolution, driven by global demands and rapid innovations.

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Best Buy expects tariffs to drive price increases

Supply Chain Dive

Vendors, customers and the electronics retailer itself will all share the brunt of increased prices, CEO Corie Barry said.

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Bridging the Gap: Turning Data Into Action for Grocery Retail Success

Supply Chain Brain

Grocery retailers are sitting on a wealth of data, from customer buying habits to inventory levels. Yet many still struggle to make effective use of it.

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L’Oréal Groupe spearheads supplier decarbonization fund

Supply Chain Dive

The Solstice program will help SMEs access funding to advance scope 3 commitments.

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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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The Role of 3PLs in Managing Cross-Border E-Commerce

Supply Chain Brain

3PLs enable e-commerce brands to focus on growing their presence in global markets without being overwhelmed by logistical hurdles.

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

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Docusign and its enterprise contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and has also recently released a new product, Intelligent Agreement Management (IAM), to better serve contract management use cases for other functions such as sales and finance.

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Lawsuit Claims Amazon Excluded Low-Income Areas from Prime Deliveries

Supply Chain Brain

According to the lawsuit, when customers complained about slower delivery times, Amazon intentionally misled them to believe it was a coincidence.

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Amazon faces allegations it withheld Prime delivery in parts of Washington, DC

Supply Chain Dive

The e-commerce giant called claims it stopped providing its fastest shipping services to two zip codes "categorically false.

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Maersk Puts in Order for 20 Dual-Fuel Vessels

Supply Chain Brain

The vessels will range in size, with the capacity to carry between 9,000 and 17,000 twenty-foot-equivalent units each.

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How contract management solutions support risk management

Spend Matters

Contract lifecycle management (CLM) providers may be best known for their repositories, clause libraries, obligation management features and authoring. However, risk is a major element of the contract lifecycle. Whether this is due to a contract being written on third-party paper or a particular redline/edit that does not align with the company’s playbook, CLM solutions use both internal and external tools to assess risks.

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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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Businesses Face $20B in 'Swipe Fees' from Holiday Shopping Season

Supply Chain Brain

The Merchant Payments Coalition estimates that swipe fees have increased by 50% since the pandemic, and hit a record $172 billion in 2023.

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The Role of Robotics in Advanced Packaging Systems

The Network Effect

How automation and robotics are improving packaging, supply chains, and impacting customer experience and expectations

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Future-Proof Your Warehouse: How Low-Code Platforms Unlock Warehouse Agility

Supply Chain Brain

Labor shortages, supply chain disruptions and inflation increase operational challenges. While you can’t control external factors, you can improve warehouse agility. Low-code application platforms (LCAPs) make that possible.

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Boomer, Gen X, Millennial, Gen Z And The Agent-Based Model

Procurement Insights

Anyone who has followed me for any length of time knows that I have always believed that it is better to get it right than to be right. This means that as much as I may challenge others, I also want to be challenged by others – including myself. For the past several decades, I have been a strong advocate of using an agent-based development and implementation model for ProcureTech solutions.

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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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IMC Logistics to be sold, supply chain conglomerate announces

Supply Chain Dive

Switzerland-headquartered Kuehne+Nagel will acquire a majority stake in the Tennessee-based marine drayage provider.

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Simplify Supplier Sustainability Evaluation (+ An Exclusive Template)

Skill Dynamics

As a procurement professional, ensuring your suppliers are acknowledging the role of sustainability within their practices is highly important for, not only the obvious – improving the planet – but building effective relationships and meeting your company’s objectives. What information do you actually need from your suppliers to make a fair sustainability evaluation?

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Technology Round-Up — December 4, 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… The post Technology Round-Up — December 4, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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4 Main Reasons Why Gaming Laptops Are the Perfect Choice for Supply Chain Professionals

SCMDOJO

Gaming laptops? For the supply chain? Well… actually yes. And the reason has nothing to do with games but rather with performance. Think of supply chain work for a moment: Do you need tech equipment that is going to handle some resource-intensive applications, even multiple applications at once? Are you wondering about what device you should invest your money in to make a smart choice?

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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 Use of Artificial Intelligence in HR, Procurement, and Finance

Pipefy

Artificial intelligence has emerged over the past decade as a key technology shaping the future of business. Entrepreneurs and managers recognize its importance and are adopting the use of artificial intelligence to keep their companies relevant in a technologically advanced environment. AI’s ability to automate tasks, provide insights, and optimize processes transforms internal operations and enhances strategic decision-making.

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AI TechPark: Navigating the Storm: How AI and Strategic Procurement Can Shield the Oil and Gas Industry from the 2024 Hurricane Season

Arkestro

The post AI TechPark: Navigating the Storm: How AI and Strategic Procurement Can Shield the Oil and Gas Industry from the 2024 Hurricane Season appeared first on Arkestro.

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GM to Take a $5B Hit in Chinese Business

Supply Chain Brain

Sales of foreign vehicles in China have been hit by the rise of local automakers, with GM sales slumping 59% in the first 11 months of 2024.

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M&A Due Diligence: A Comprehensive Guide

ContractSafe

M&A due diligence is thoroughly investigating a target company's financial, legal, and operational status before finalizing an acquisition.

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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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Why Traditional SaaS Hurts So Much

SCMDOJO

On November 20, 2024, in a presentation to Tech CEOs, Gartner identified the future of business software as Service–as–Software (SaS). This reflects a new approach that respects your company’s unique critical elements: Products/Services, Operations, and Business model. Moreover, today, we’ll discuss why traditional Saas hurt so much. Source: [link] This blog was written at Dr.

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Trump Vows to Block Sale of U.S. Steel to Japanese Manufacturer

Supply Chain Brain

The proposed sale was first announced in December 2023, and has faced opposition from U.S. Steel union workers and federal leaders alike.

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5 Steps to Prepare Your Business for Potential Tariffs: A Negotiator’s Strategic Guide

Shapiro Negotiations Institute

With Donald Trump coming into office in January 2025 and global trade tensions rising, businesses must prepare for potential tariffs and their impacts. While tariffs can significantly affect your bottom line, proper preparation can help minimize disruption and maintain competitiveness. This guide outlines key strategies to assess vulnerabilities, protect your legal and financial positions, and adapt your operations to thrive amidst trade challenges.

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Trump taps Peter Navarro as lead trade advisor

Supply Chain Dive

The former Trump administration official will return to the White House to advance the president-elect's trade and manufacturing agendas.

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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.