Sun.Sep 15, 2024

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EU Car Lobby Mulls Two-Year Delay of 2025 Emissions Targets

Supply Chain Brain

The scope for regulatory lenience is low, and the 2025 rules could accelerate capacity restructuring within the industry.

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How much do you trust ChatGPT when selecting a solution provider?

Procurement Insights

“ General Trust Levels : Surveys show that a majority of users find AI-generated responses helpful, with trust levels ranging from 30-60% depending on the platform and how the information is used. For example, people may trust AI-generated responses more in technical or fact-based areas (e.g., math, coding) than in subjective or complex decision-making.” – (Source: ChatGPT) I asked ChatGPT the following two questions: Who are the Top 10 procurement solution providers with the h

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ZIM to Collaborate with MSC on Transpacific Trade

Supply Chain Brain

The three-year agreement between ZIM and MSC includes slot swap and vessel sharing agreements.

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What the Research Foretells About Procurement’s Vision, Priorities, and Opportunities

Art of Procurement

“Procurement is at the point where they’re trying to figure out next steps on digitization, and it will be an. The post What the Research Foretells About Procurement’s Vision, Priorities, and Opportunities appeared first on Art of Procurement.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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In Brooklyn, a Program to Help Narrow the U.S. Manufacturing Skills Gap

Supply Chain Brain

The conversation about bringing manufacturing jobs back to the U.S. from Asia often skips over an important question.

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Difference Between RFI, RFP, and RFQ: A Comprehensive Guide

TYA Suite

In the realm of procurement and business decision-making, three critical documents often come into play, the Request for Information (RFI), Request for Proposal (RFP), and Request for Quotation (RFQ). Each serves a distinct purpose in the , helping organizations gather information, solicit proposals, and secure pricing from potential vendors. Understanding the differences between RFI, RFP, and RFQ is essential for streamlining procurement efforts and ensuring the best outcomes.

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Procurement ERP: System, Process, Best Practices & Benefits

TYA Suite

Companies increasingly turn to innovative systems to improve their procurement operations, increase efficiency, and cut expenses. Among these solutions, procurement ERP (Enterprise Resource Planning) stands out as a game changer. This blog will look at the concept of , the role of ERP systems in procurement, best practices for implementation, and the advantages as well as challenges that come with it.