Mon.Aug 26, 2024

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Improving B2B Relationships Through Better Supply Chain Practices

All Things Supply Chain

As a supply chain manager, you understand the importance of reliability.

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IntelAgree: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of IntelAgree and its contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and increasingly arises in conversations with practitioners at mid-market firms or large enterprises that are considering a CLM solution. IntelAgree focuses on using AI (including generative AI) to address contract management pain points.

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Top Reasons to Choose GEP Solutions for Procurement Needs

Procurement Freelancers

The success of an organisation depends on its ability to implement effective procurement procedures in… The post Top Reasons to Choose GEP Solutions for Procurement Needs first appeared on Procurement Blog | Procurement & Supply Chain News.

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Bringing AI to the Frontline: Practical Steps for Workforce Adoption

Supply Chain Brain

How can supply chain leaders implement artificial intelligence effectively, ensuring that their investments yield returns while empowering frontline workers?

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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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Powell says ‘time has come’ for rate cut, cites weakening labor market

Supply Chain Dive

The Fed chair did not indicate the size of a coming interest rate reduction, keeping alive a debate on how far policymakers will cut borrowing costs.

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Ikea Trials Online Store for Secondhand Furniture

Supply Chain Brain

The new store is currently up and running in Oslo and Madrid, with the company planning to decide on next steps after December.

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More Trending

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Enhancing IoT Connectivity and Security in the Supply Chain and Logistics Industry

Supply Chain Brain

Embracing end-to-end, full stack IoT technology is pivotal for the future of supply chain and logistics management.

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Newell accelerates production shift out of China

Supply Chain Dive

The manufacturer is limiting its exposure in the country to avoid potential Section 301 tariff increases.

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Shein Admits to Two Cases of Child Labor in Supply Chain

Supply Chain Brain

Shein's report also found that 0.5% of suppliers it audited weren't paying workers the local minimum wage, or were delaying wage payments.

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Shein reports 2 cases of child labor in its supply chain

Supply Chain Dive

The fast fashion giant discovered the cases last year and suspended orders from the manufacturers pending “appropriate remediation.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Indian Port Unions, Officials to Meet in Attempt to Avert Strike

Supply Chain Brain

India’s 12 largest ports handled 818 million tons of cargo in the year through March, a 4.4% increase over the prior year.

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ShipBob boosts de minimis fulfillment capabilities

Supply Chain Dive

The company is among the rush of e-commerce providers servicing Section 321-compliant orders.

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Canada Announces 100% Tariffs on Imported Chinese EVs

Supply Chain Brain

Canada, the U.S. and the EU have all accused China of providing unfair subsidies to automakers and green energy manufacturers.

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Fastenal shares contingency plans for hurricane season

Supply Chain Dive

The industrial and supply solutions company has hurricane specific supplies stocked in four major distribution centers.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Watch: Strengthening Disaster Preparation and Supply Chain Recovery

Supply Chain Brain

Kathy Fulton, executive director of the American Logistics Aid Network (ALAN), offers guidance on how companies and logistics operations can best prepare for natural disasters.

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Magnus Mondays — The Supplier Management Tech Series — Part 1: Platform Capabilities

CPO Rising

Supplier management is a complex and critical activity for procurement organizations. A key problem is that many procurement professionals lack the tools needed to efficiently manage supplier relationships, information, performance,… The post Magnus Mondays — The Supplier Management Tech Series — Part 1: Platform Capabilities appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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From Chaos to Control: Building Your Case for Contract Management Tools

ContractSafe

Ready to upgrade your Contract Management Software , but struggling to get budget buy-in? Getting approval for contract management tools is about to get a whole lot easier.

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Preparing the modern warehouse for modern weather

Supply Chain Dive

Whatever Mother Nature sends our way, we're prepared.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Best Procurement Software for Small and Medium-Sized Businesses (SMBs)

TYA Suite

For small and medium-sized businesses (SMBs), optimizing procurement processes is essential for maintaining a competitive edge and ensuring operational efficiency. Often overlooked in strategic planning, procurement management can significantly impact a company's bottom line. With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity.

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Why Use a PO System? Features and Benefits Explained

Fraxion

Manual errors. Delayed approvals. Compliance issues. Without a formal process or system in place, purchase orders (PO) can be the cause of headaches and expensive errors.

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The Ultimate Guide to Invoice Management Solutions

TYA Suite

Invoicing is a critical aspect of any business, impacting cash flow, financial planning, and overall business efficiency. As companies grow, managing invoices manually becomes cumbersome, leading to errors, delays, and inefficiencies. This is where come into play. These systems automate the invoicing process, ensuring accuracy, speed, and better control over financial operations.

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What does SOVRA mean when they talk about “A New Brand Transforming Public Procurement?”

Procurement Insights

I love public sector procurement. It would be reasonable to suggest that it is a market I have engaged extensively – especially in the first decade of the Procurement Insights blog. For example, I chaired the Summit Roundtable on the Canadian government’s post-Way Forward autopsy. After giving several interviews with the local media asking for my assessment, I wrote the final post on the topic in June 2011.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Yesterday’s “Far Side” post has resulted in many “reader comments” on LinkedIn

Procurement Insights

As I often do, I shared yesterday’s Far Side post on LinkedIn. What caught my attention was that for a lazy Sunday afternoon, many in my community were eager to share their perspective – which is great. As I always say, an engaged community is an informed and knowledgeable community that adds value to all involved. The following is an example of one of the many exchanges on the post—you should join in on the discussion.