Fri.Apr 12, 2024

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Oracle adds AI-powered tools to supply chain platform

Supply Chain Dive

The software giant's March update included features like description generation and supplier recommendations.

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Merging top-down and bottom-up planning approaches

IBM Supply Chain Blog

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. The first post of this series addressed the challenges of the energy transition with holistic grid asset management. The second post in this series addressed the integrated asset management platform and data exchange that unite business disciplines in different domains in one network.

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Savannah port sees intermodal cargo surge in March

Supply Chain Dive

Infrastructure and low dwell times contributed to the Port of Savannah's 436,000 total TEUs handled in March.

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TealBook’s Stephany Lapierre’s BIG News

Procurement Insights

This week, I received an email from TealBook regarding “the first iteration of their Supplier Data Platform (SDP), helping customers enrich and improve their supplier data across all of their systems and tools.” Here is what they sent. What are your top takeaways from reading this? By the way, I share my thoughts at the end and hope you will share yours in the comment section.

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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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Union Pacific adds route between Chicago and Southern California

Supply Chain Dive

The new service is part of the railroad's push to convert freight from trucks to rail, saying it lowers overall costs for shippers.

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Five ways to team up and deter supplier fraud

HICX

Finance leaders can struggle to combat criminals posing as suppliers. Costas Xyloyiannis tells Association of Corporate Treasurers (ACT) how teams can work together to beat the fraudsters Supplier fraud remains a key area of exposure and one that finance teams could stop by using accurate supplier information. In practice, though, this information is notoriously outdated.

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How To Generate Sales Leads: Strategies and Best Practices

The Thomas Blog

Sales leads fall under the execution portion of any successful sales strategy. In increasingly differentiated and competitive marketplaces, businesses can only advance by proactively converting prospects into revenue-generating customers. You can effectively generate high-quality sales leads, increase conversion rates, and drive business growth by incorporating proven strategies and best practices into your strategy.

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CPO Rising Listicle: Procurement AI in Action, Part 2

CPO Rising

It’s Friday, which means we’re sharing another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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Buyer to C-Suite Story of the Month: Meet Harris Teeter’s Xavier Hare

Procurement Insights

EDITOR’S NOTE: It is always encouraging and exciting to see procurement professionals’ success in finding their path to the C-Suite. These trailblazers remind us of what is possible and available in terms of opportunities and impact. Here is the brief story about Harris Teeter’s Xavier Hare, who started out in the company as a part-time cashier and became the Director of Procurement and, in 2023, the company’s Director of Own Brands.

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Senate Panel Urges Biden Urged to Ban China-Made EVs

Supply Chain Brain

In February, the White House said it was opening an investigation into whether Chinese cars pose a national security risk.

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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.