Thu.Aug 15, 2024

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Fishing for Truth in the Seafood Supply Chain

Art of Procurement

Oceana is a marine conservation nonprofit that has focused on seafood mislabeling for years, or “fish fraud” as it is. The post Fishing for Truth in the Seafood Supply Chain appeared first on Art of Procurement.

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FedEx rolls out pricier surcharges, new fees for 2024 peak season

Supply Chain Dive

The charges, some of which start in September, fall closely in line with what rival UPS unveiled.

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Is the Trucking Industry Really on the Road to Recovery?

Supply Chain Brain

Are we finally seeing the end of the longest freight recession in recent decades? It’s the question on everyone’s mind — and has been for over a year.

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Fastenal’s digital procurement strategy drives e-business growth

Supply Chain Dive

By modernizing the process, the company said it is also reducing customer costs and improving efficiency.

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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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Maersk Joins Study to Look into Nuclear-Powered Container Ships

Supply Chain Brain

The study will be conducted by maritime services firm Lloyd's Register and nuclear engineering company Core Power.

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Leveraging supply chain disruptions to accelerate digital transformation

Spend Matters

This content does not express the views or opinions of Spend Matters. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change.

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What would the demise of de minimis mean for supply chains?

Supply Chain Dive

E-commerce companies rely on the exemption to sell U.S. consumers low-cost goods. Experts say they need to be prepared for a change.

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Leveraging Supply Chain Disruptions to Accelerate Digital Transformation

Arkestro

"Never waste a good crisis" is a phrase worth pondering in the realm of digital transformations for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. Amid these challenges, there lies an opportunity: supply chain crises can catalyze buy-in and funding for much-needed transformation initiatives.

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China to Limit Exports of Mineral Used in Batteries and Weapons

Supply Chain Brain

China pointed to national security as the driving factor behind the move, given that antimony can be used in explosives and nuclear weapons.

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The Role of Email Hosting in Modernizing Retail Supply Chain Communication

SCMDOJO

Effective communication is paramount for success. Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing.

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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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Podcast | ‘X-Shoring’: Fact and Fiction

Supply Chain Brain

Are manufacturers engaged in a mass exodus from China? And if so, where are they going?

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Employers plan 3.5% raises for 2025, Payscale data reveals

Supply Chain Dive

The projection follows a pattern of “softening in a cooler labor market,” the company said.

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Samsung Electronics Workers in South Korea Go on Four-Day Strike

Supply Chain Brain

The union representing Samsung Electronics workers has been pushing for a wage increase and a more favorable bonus structure since the start of the summer.

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Utz’s supply chain overhaul shrinks manufacturing network

Supply Chain Dive

The snack maker is focused on production and cost efficiency after shedding at least six plants in recent months.

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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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11 Best Legal AI Tools for Legal Professionals in 2024

ContractSafe

The legal industry is steeped in tradition, with law firms and courtrooms boasting centuries-old practices. But that doesn’t mean it isn’t open to disruption. New tools and technology have been slowly chipping away at the mahogany-paneled offices of legal teams for years, but artificial intelligence (AI) is taking that modern-day makeover to the next level.

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Lamb Weston names new supply chain chief

Supply Chain Dive

Former REI exec Sylvia Wilks will lead the frozen food company’s manufacturing and procurement operations.

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Late Edition Soundbite – Are Providers Playing Poker With Practitioner Money?

Procurement Insights

EDITOR’S NOTE: Check out Jason Busch’s post on LinkedIn and this evening’s post will make sense. As usual, great and very accurate insights, Jason Busch So, here is the dumb question of the day – ready for it: What does this mean for the practitioners on the other side of the table who are still struggling with 80% or higher initiative failure rates?

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Enterprise AI: Everything You Need to Know

Pipefy

Today’s businesses regularly seek ways to gain competitive advantages through innovation. In a recent Pipefy survey of business leaders , 81% of C-suite executives report that they expectgenerative AI adoption to improve efficiency at their businesses by more than 25%. Enterprise AI has the potential to bring this to fruition, transforming large organizations’ operations, decision making, and customer service strategies.

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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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4 Key Equipment Inventory Management Best Practices for Efficient Operations | Ecommerce

Finale Inventory

In ecommerce, effective equipment inventory management is vital for smooth operations. By following best practices, businesses can ensure they have the right equipment at the right time to fulfill customer orders and maintain a streamlined workflow. This article highlights the significance of equipment inventory management in ecommerce and presents four key practices every ecommerce business should adopt.

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Procurement 6 – August 16th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – August 16th, 2024 appeared first on Art of Procurement.

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How Does an RFID Asset Tracking System Operate?

Finale Inventory

If you’re managing inventory or assets, you understand the importance of having an effective tracking system. RFID, or Radio Frequency Identification, has become a popular technology in recent years. This article covers how RFID asset tracking systems work and the advantages they offer businesses. Whether you’re involved in e-commerce or another sector requiring effective inventory management, grasping RFID technology can enhance your operations and boost your results.

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The 100 Day Plan: 5 Takeaways for CPOs

Arkestro

Resources / Blog / The 100 Day Plan: 5 Takeaways for CPOs The 100 Day Plan: 5 Takeaways for CPOs Throughout the years, CPOs have faced the same age-old challenge: do more and better with less. Yet in the age of AI, the problem has grown more acute than ever. The role of the CPO has expanded dramatically. At the same time, procurement teams are up against many hurdles that make it more difficult to meet ever-growing demands, such as limited data and insights, outdated systems, increased prices, s

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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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Enhance Manufacturing Operational Efficiency with Finale Inventory’s Tips | Ecommerce

Finale Inventory

In manufacturing, operational efficiency is key to maximizing profits and maintaining a competitive edge. By refining processes and optimizing resources, manufacturers can cut costs, boost productivity, and deliver products more swiftly to meet customer demands. However, achieving this level of efficiency can be challenging. Finale Inventory offers guidance on enhancing operational efficiency in manufacturing.

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Labor Minister Rejects Call to Intervene in Canada Rail Dispute

Supply Chain Brain

Both companies said their gradual shutdown would ensure hazardous and vulnerable shipments aren’t stranded if a settlement isn’t reached by August 22.

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How to Conduct an Inventory Cycle Count for Optimal Efficiency | Ecommerce

Finale Inventory

Inventory management is a key part of running a successful ecommerce business. Without accurate and up-to-date inventory data, fulfilling customer orders efficiently and maintaining high levels of customer satisfaction becomes nearly impossible. One effective method to ensure the accuracy of your inventory data is by conducting regular inventory cycle counts.

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7 Effective Strategies to Minimize Manufacturing Waste

Finale Inventory

Manufacturing waste poses significant challenges for businesses, affecting both environmental and financial aspects. Addressing waste effectively is important for both sustainability and profitability. Here are seven strategies to help organizations reduce manufacturing waste and optimize their operations. Understanding the Importance of Waste Reduction in Manufacturing Manufacturing waste includes any material or resource discarded during production, such as raw materials, energy, water, or tim

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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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How UPC Barcodes Enhance Inventory Management

Finale Inventory

UPC barcodes play a key role in improving inventory management across various industries. Understanding the basics of UPC barcodes is vital for any business aiming to streamline its inventory processes, reduce errors, and enhance customer experience. This article covers the structure and function of UPC barcodes , their impact on retail and ecommerce, how to integrate them into your inventory system, and their future in sustainable inventory management.

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5 Effective Solutions to Common Inventory Management Challenges | Ecommerce

Finale Inventory

Inventory management is a key factor in operating a successful ecommerce business. Efficiently managing your inventory is important for timely order fulfillment, avoiding stockouts, and maximizing profitability. However, managing inventory can be challenging, particularly as your business expands. This article presents five effective solutions to common inventory management issues in the ecommerce industry.

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Effective Strategies to Minimize Inventory Shrinkage with Finale Inventory | Ecommerce

Finale Inventory

Inventory shrinkage can pose significant challenges for ecommerce businesses. It refers to the loss of inventory between the time it is received and the time it is sold. Understanding the causes of inventory shrinkage is vital for implementing strategies to minimize it and enhance profitability. This article discusses effective strategies to reduce inventory shrinkage using Finale Inventory, a comprehensive inventory management system designed for ecommerce businesses.

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Prevent Inventory Shortages: Tips for Small Businesses with Finale Inventory | Ecommerce

Finale Inventory

Inventory shortages can seriously impact small businesses, leading to lost sales and dissatisfied customers. However, with the right strategies and tools, such as Finale Inventory, businesses can effectively prevent shortages and maintain optimal stock levels. This guide will cover the impact of inventory shortages on small businesses, common causes, the role Finale Inventory plays in prevention, practical inventory management tips , and how ecommerce platforms can enhance inventory management.

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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?