Wed.Feb 14, 2024

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The Role of Customized Packaging and Labeling in Building Brand Identity for Your Retail Business

All Things Supply Chain

Marketing is the art of the four “Ps”: Product, promotion, pricing, and placing. Another overlooked “P” falls under the umbrella of “Product”: Packaging.

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Retail and apparel groups call for secured travel on the Red Sea

Supply Chain Dive

The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.

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APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says

Supply Chain Brain

Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.

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Dollar Tree COO takes on supply chain oversight

Supply Chain Dive

Mike Creedon “will have full end-to-end accountability for delivering a best-in-class store experience for our customers," the discount retailer's CEO said.

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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 most valuable AI use cases for business

IBM Supply Chain Blog

When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? The easy answer is mostly manual labor, although the day might come when much of what is now manual labor will be accomplished by robotic devices controlled by AI. But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system.

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Pactum: Vendor Analysis Update — Autonomous negotiation solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis Update provides an overview of Pactum and its solution for long-tail negotiations. Once a Spend Matters Future 5, Pactum has continued to grow in recent years to make negotiation autonomous for large organizations. It focuses on reaching win-win deals autonomously via its AI system that, without procurement involvement, can negotiate with human supply-side representatives.

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Radiant Logistics opens new San Antonio location

Supply Chain Dive

The operation's services include U.S.-Mexico freight forwarding as logistics providers capitalize on nearshoring activity.

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Forbes: The Devil’s in the Details, Part 2

Arkestro

Let’s explore the process of attribution mapping and how procurement teams can best take advantage of this approach.

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Oracle Unveils New Supply Chain Logistics Tools

Supply Chain Brain

The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.

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Procurement Strategy: Optimizing Your Path to Success

NLPA (Next Level Purchasing Association)

In today’s competitive landscape, getting the best price isn’t enough. A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This blog post dives deep into procurement strategy, explores implementation methods, and equips you to craft a plan for success Defining Procurement Strategy Procurement strategy goes beyond just buying things.

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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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6 Best Practices for Contract Change Management

ContractSafe

In business, change is the only thing you can count on. And it's especially true in contract management. Contracts change, and managing those changes is how your business stays ahead.

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Five Ways That Returns Fraud Is Costing Retailers Money

Supply Chain Brain

Retail return fraud has grown rampant in recent years, stealing retailers’ hard-earned profits, damaging brands’ reputations, and burdening honest consumers with higher prices.

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How Does Supply Chain Impact Marketing & Sales?

SCMDOJO

At first, looking at this title, you might think – ha? How is marketing connected to my supply chain? But the truth is that more than you think. The supply chain of your business has many components. And marketing might be one of the most essential ones if you want to create a sustainable and successful company in the long run. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

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Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals

Supply Chain Brain

Energy Secretary Jennifer Granholm said that the U.S. is currently updating its laws, including a 150-year-old mining regulation, to ensure the “sustainable and efficient” extraction of critical minerals.

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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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Technology Round-Up — February 14, 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 solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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FTC Examining Shortages of Cancer Treatments and Other Drugs

Supply Chain Brain

The federal government asked about shortages of generic drugs and whether groups that purchase quantities in bulk are contributing to the problem.

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The future of renewable energy

IBM Supply Chain Blog

Renewable energy is energy produced from Earth’s natural resources, those that can be replenished faster than they are consumed. Common examples include solar power, hydropower and wind power. Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis.

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Academic-Industry Partnerships Offer Much-Needed Broadening of Supply Chain Perspective

Supply Chain Brain

Getting a thoroughly broad view of supply chain operations gives a supply chain professional a career boost because it makes him or her more useful to the company.

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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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HanesBrands to layoff nearly 160 employees in North Carolina distribution center

Supply Chain Dive

The apparel company plans to repurpose the facility as it streamlines operations.

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Rideshare, App-Based Delivery Drivers Striking in the U.K. and the U.S.

Supply Chain Brain

Uber and Lyft drivers are holding daylong strikes in Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Austin, Newark and several other cities.

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The Role Of Technology In Modern Purchasing Agent Practices

Procurement Freelancers

As technology evolves, the job of sourcing agents also becomes more precise and effective.

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Accenture Agrees to Acquisition of Insight Sourcing

Supply Chain Brain

Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.

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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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How to Choose the Right Procurement Service and Dashboard Tool for Your Business?

Empowering CPO

Introduction In the ever-evolving realm of modern business, where procurement plays a pivotal role in shaping success, the choice of the right procurement service and dashboard tool is more crucial than ever. EmpoweringCPO, a distinguished procurement service and consulting company, stands out as a guiding force for organizations looking to optimize their procurement processes.

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DHL Investing $200M in U.S. Life Sciences and Healthcare Expansion

Supply Chain Brain

DHL plans on opening five more warehouse facilities in the U.S. by the end of 2024 to meet its customers' life sciences and healthcare needs.

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The future of renewable energy

IBM Supply Chain Blog

Renewable energy is energy produced from Earth’s natural resources, those that can be replenished faster than they are consumed. Common examples include solar power, hydropower and wind power. Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis.