Thu.Aug 22, 2024

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Freight Electrification as a Service

Art of Procurement

The need for freight, and its impact on humanity, can be traced back as far as the Silk Road across. The post Freight Electrification as a Service appeared first on Art of Procurement.

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Canada’s major rail carriers shut down

Supply Chain Dive

With no new labor deal, Canadian National and CPKC locked out union workers shortly after midnight Thursday.

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Using AI to Close the Manufacturing Skills Gap: A Reality Check

Supply Chain Brain

Many manufacturers are actively increasing investments in software designed theoretically to enhance productivity, work management and collaboration. Yet manual work is on the rise.

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Procurement Pipeline Notice

Procurement Templates

A pipeline notice is intended to give the market place and indication or heads up of upcoming procurement opportunities for the following 18 months. Contracting Authorities are not bound by the information in the notice as this can change over time when requirements become clearer. Actual requirements are in the tender notice 93 Pipeline notices (1) This section applies in relation to any contracting authority that considers that, in the coming financial year, it will pay more than £100 million

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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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Border Agents at Heathrow Airport to Strike for Four Days

Supply Chain Brain

According to a release from the union, the dispute is over forced changes to terms and conditions for workers, including "inflexible" work schedules.

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How air cargo shippers can prepare for de minimis fallout

Supply Chain Dive

Changes to the exemption threshold could be implemented soon. Here’s how supply chain managers can prepare.

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Best Buy launches AI-powered delivery tracking

Supply Chain Dive

The company joins the growing ranks of retailers that are tapping artificial intelligence to enhance the shopping experience.

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Shein Sues Temu Over Claims of Copyright Infringement, Stolen Designs

Supply Chain Brain

Shein claims that Temu's ultra-low prices have been facilitated by allowing sellers to offer counterfeit items based on stolen designs.

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Shippers pull cargo forward as risks cloud ocean transport

Supply Chain Dive

An increase and early spike in imports such as toys, electronics and clothing was seen at the Port of Los Angeles, according to Executive Director Gene Seroka.

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How Being Data-Driven Can Lead to Mistakes

Supply Chain Brain

Pushing employees to get on board with a "data-driven" approach without making sure they have the skills they need is likely to cause harm at some point.

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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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AB InBev to shutter Anheuser-Busch distribution facility

Supply Chain Dive

The Bud Light brewer’s closure of the Massachusetts plant will impact 193 jobs and comes after it reported a decline in beer volumes earlier this month.

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U.S. Freight Railway CSX Agrees to New Deals With Three Unions

Supply Chain Brain

The tentative agreements include 3.5% yearly wage increases, and improvements to paid vacation and health care.

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US LBM names SVP of supply chain

Supply Chain Dive

Jeff Wood will lead the specialty building material distributor’s sourcing and procurement strategies as well as supply chain operations.

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CPO Strategy: Leveraging AI to Address Procurement’s Talent Shortage

Arkestro

We caught up with Edmund Zagorin, Founder at Arkestro, at DPW NYC in June to discuss the state of procurement and how AI relates to it.

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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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How many solution providers tell the truth? A better question might be: How many want to face the truth?

Procurement Insights

Like an echo that doesn’t return, many – not all solution providers talk a great game until you start asking meaningful questions. I would rather starve in the desert than take a nickel from a company peddling rainbows and unicorns. What percentage of GenAI Solution Providers are like Nortel was in the above graph? I felt the same way I do now when I gave a radio interview after selling my company for $12 million in January 2001.

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How to Successfully Manage an Auto Parts Supplier for Profit | Ecommerce

Finale Inventory

Running an auto parts supplier can be a lucrative venture if managed properly. Incorporating ecommerce into your business strategy can help drive profits even further. This article will guide you through the necessary skills and strategies to successfully manage an auto parts supplier for profit, with a focus on ecommerce. Understanding the Basics of Auto Parts Supplier Management Key Skills for Effective Management Managing an auto parts supplier requires a diverse skill set.

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What is Supplier Relationship Management in Procurement?

Art of Procurement

Relationships are the glue that bind the modern networked supply chain together. In a world where market conditions can change. The post What is Supplier Relationship Management in Procurement? appeared first on Art of Procurement.

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How to Find Reliable Suppliers for Your Business

Finale Inventory

When managing a successful business, having dependable suppliers is vital. Finding suppliers you can trust to deliver quality products on time is key for maintaining customer satisfaction and ensuring smooth operations. This article discusses the significance of reliable suppliers and offers practical tips on how to find and assess them for your business.

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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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Supplier Management Explained – Definitions, Elements, and Examples

Art of Procurement

Supplier management refers to the administration of providers of goods and/or services to a business. While this sounds straightforward, today’s. The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement.

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Effective Supply Inventory Management Strategies: A Guide by Finale Inventory | Ecommerce

Finale Inventory

Supply inventory management plays a significant role in the success of any ecommerce business. Without effective management strategies, businesses can face a range of challenges, such as stockouts, excess stock, and inefficient order fulfillment. This guide covers the importance of supply inventory management, key elements to consider, strategies for success, and how to address common challenges.

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Finding The Gold In A River Of Pyrite

Procurement Insights

“Everyone — vendor, consultant, analyst firm, and buying organization will be affected this time around.” – Michael Lamoureux on pending AI Bubble Burst (You can read his entire LinkedIn post via the following link – be sure to comment.) The biggest challenge in assessing the ProcureTech market today, unlike any other time in the past, is that the hype cycle is louder, more distracting than informative, and I hate to say it, filled with so much gold rush fever BS th

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How to Hire an Inventory Manager: A Comprehensive Guide for Businesses | Ecommerce

Finale Inventory

In today’s fast-paced business environment, effective inventory management is vital for the success of any company, especially in the ecommerce sector. As an ecommerce business owner, you recognize the importance of having a skilled, organized, and knowledgeable inventory manager to manage your stock. But how do you find the right person for the role?

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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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Canadian National, CPKC to resume operations, end lockout

Supply Chain Dive

The railroads will now work toward deals with the Teamsters Canada Rail Conference under a government-imposed binding arbitration process.

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How to Calculate Cost of Goods Sold (COGS) for Small Businesses | Ecommerce

Finale Inventory

Calculating the Cost of Goods Sold (COGS) is a key aspect of running a successful small business in ecommerce. By understanding and accurately calculating COGS , business owners can make informed decisions regarding pricing, profitability, and inventory management. This guide will cover the basics of COGS, its components, the calculation process, and its effect on profitability.

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Miners Tap Trucks, Divert Shipments to Sidestep Canada Rail Woes

Supply Chain Brain

Canada’s mining sector depends on the country’s two dominant railways to transport heavy materials including copper, aluminum, iron ore and coal.

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9 Key Inventory Management Software Features for Efficient Operations with Finale Inventory | Ecommerce

Finale Inventory

In ecommerce, managing inventory effectively is vital for business success. Efficient inventory management impacts operations and directly affects profitability. To streamline this process and optimize your ecommerce operations , using inventory management software is important. Here, we will cover the key features that such software should have, focusing on Finale Inventory, a leading solution in this area.

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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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Canada Rail Strike Begins

Supply Chain Brain

After months of talks, the increasingly bitter negotiations, regarding working conditions such as shift scheduling and fatigue provisions, ended on the evening of August 21.