Wed.Aug 28, 2024

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Preliminary Market Engagement Notice

Procurement Templates

17 Preliminary market engagement notices (1) If a contracting authority carries out preliminary market engagement, the authority must— (a) publish a preliminary market engagement notice before publishing a tender notice, or (b) provide reasons for not doing so in the tender notice. (2) A “preliminary market engagement notice” means a notice setting out— (a) that the contracting authority intends to conduct, or has conducted, preliminary market engagement, and (b) any other information specified

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CPO Crunch: Why CPOs oughta start thinking about water

Procurement Leaders

Many of us take access to fresh water for granted. It’s on tap. It’s recyclable. Readily available supplies mean it’s not something we have to worry about. Yet, as CDP’s Miriam Denis Le Seve and Sonya Bhonsle told Procurement Leaders members during a recent Risk and Sustainability Cohort Call, four billion people experience severe water scarcity for at least one month each year.

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Procurement Supply Chain Shocks in 2024: An Overview

Procurement Templates

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

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Walmart Offers Third-Party Fulfillment

Supply Chain Brain

The move means Walmart could redefine the e-commerce logistics landscape, offering an alternative to Amazon's Fulfillment by Amazon service.

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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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Walmart to help sellers fulfill orders from third-party e-commerce sites

Supply Chain Dive

The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service as it prepares to launch.

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Climate Change and the Coming Storm for U.S. Ports

Supply Chain Brain

NOAA predicts that by the end of November, this year's hurricane season "could rank among the busiest on record.

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U.S. Warns Leaking Tanker Poses Growing Red Sea Pollution Risk

Supply Chain Brain

The 900-foot Sounion was hauling 150,000 tons of dense Iraqi crude oil when it was disabled by Houthi militants.

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Drawing the line between intake and orchestration

Spend Matters

Where exactly does intake end, and where does orchestration begin? Our analyst differentiates the two processes and draws a line between the comparisons. This content is for members only. Visit the site and log in/register to read. The post Drawing the line between intake and orchestration appeared first on Spend Matters.

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Indian Port Workers Agree to Deal on Eve of Planned Strike

Supply Chain Brain

The union representing 20,000 workers at India's 12 major shipping hubs had initially planned to go on strike indefinitely on August 28.

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The Evolution of Warehousing: From Storage to Strategic Asset

SCMDOJO

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

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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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J&J Snack Foods benefits from regional distribution centers

Supply Chain Dive

The food maker is shipping more products from the new network while reducing its average length of haul.

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ChatGPT-assisted Job Offer Analysis by NPV and Opportunity Cost

The Good Spending

Job offer quiz on LinkedIn I came across this question on LinkedIn. " You have 2 job offers on the table: A) £50k per year with a £12k bonus, work from home, but you live in Hull where the cost of living is low. You get a 10% employer pension contribution. B) In London, a dream job of £95k a year with only a 5% pension contribution. The cost of living is high, and you need to spend four days a week in the office.

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Optimizing Supplier Onboarding: Enhancing Procurement and Supply Chain Efficiency

NLPA (Next Level Purchasing Association)

Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. A well-structured system ensures compliance, reduces risk, and fosters strong supplier relationships, ultimately enhancing departmental operations. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.

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The Importance of Inventory Management for Your Business | Ecommerce

Finale Inventory

In ecommerce, effective inventory management is key to the success of your business. It ensures that you have the right products available at the right time, in the right quantities, and at the right cost. By efficiently managing your inventory, you can improve your cash flow, enhance customer satisfaction, and optimize your supply chain. Understanding Inventory Management Inventory management refers to the process of overseeing and controlling the flow of goods from production to sale.

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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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Walking The Procurement World Tightrope

Procurement Insights

I was recently reminded of a great post by Jason Busch, who wrote, “Ariba doesn’t have customers; they have prisoners.” I think it took Jason great courage and frustration to write that post. More recently, I interviewed a notable analyst from one of the Big Five accounting firms. They gave an incredible and refreshingly frank take on the state of the digital signature market.

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6 Valuable Takeaways from 2024’s Supply Chain Challenges for Small Business Owners | Ecommerce

Finale Inventory

Running a small business comes with its fair share of challenges, and 2024 has been no exception. This year, supply chain disruptions have posed significant obstacles for small business owners. From global events to the ongoing impacts of the pandemic, these challenges have forced businesses to adapt and find new strategies to navigate through uncertain times.

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U.S. Airlines Lobbied EU to Limit Monitoring of Plane Emissions

Supply Chain Brain

Aircraft engines spew a host of gases that warp the climate at high altitudes, including nitrogen oxides, sulphur dioxide and water vapour.

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Streamline Your Inventory Management in 2024 with Finale Inventory | Ecommerce

Finale Inventory

Efficient inventory management is key to the success of any ecommerce business. Proper management helps minimize costs, maximize profits, and ensure customer satisfaction. This article discusses the importance of efficient inventory management, its role in ecommerce, and the main challenges that come with it. We also introduce Finale Inventory, a powerful tool designed to streamline your inventory management in 2024 and beyond.

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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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Procurement News — August 28, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — August 28, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Effective Inventory Control Strategies

Finale Inventory

Effective inventory control is key for the success of any ecommerce business. Ensuring that you have the right products available at the right time can help improve customer satisfaction, increase sales, and reduce costs. This article discusses various strategies to help you manage your inventory effectively and maximize your ecommerce business’s profitability.

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Revolutionize Your Business with Inventory Management Software by Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced realm of ecommerce, effective inventory management can be the key to achieving success. Managing and tracking inventory efficiently is vital for businesses of all sizes. Inventory management software, like Finale Inventory, can streamline your operations, improve accuracy, and transform your business. Understanding the Role of Inventory Management in Ecommerce Inventory management is fundamental to the success of any ecommerce operation.

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6 Key Benefits of Inventory Management for Construction Companies

Finale Inventory

Managing inventory is a vital part of running an efficient construction company. In the current digital landscape, where ecommerce is expanding, integrating inventory management with online operations is more important than ever. Understanding Inventory Management in Construction Before we discuss the benefits, let’s clarify what inventory management means in the construction industry.

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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 Food & Beverage Professionals Benefit from Finale Inventory’s Inventory Management System | Ecommerce

Finale Inventory

As the food and beverage industry expands, businesses encounter unique challenges in managing their inventory efficiently. In such a fast-paced environment, it’s important to have a dependable system that can optimize stock levels, streamline order fulfillment , and reduce overhead costs. That’s where Finale Inventory’s Inventory Management System steps in.