The Trillion-Dollar Problem for Retailers: Not Having Clean Data
Supply Chain Brain
JUNE 5, 2024
A study by the IHL Group found that retailers miss out on nearly $1 trillion in sales per year because of out-of-stock items.
Wed.Jun 05, 2024
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Home Depot expands same-day delivery with Instacart
Supply Chain Dive
JUNE 5, 2024
The move is part of the home improvement retailer’s plan to expand its e-commerce capabilities.
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U.K. Clothing Exports Take Nosedive Since Brexit
Supply Chain Brain
JUNE 5, 2024
Exports of clothing and footwear from the U.K. to the EU have dipped from £7.4 billion ($9.4 billion) in 2019 to £2.7 billion in 2023.
Ineffective leadership poses biggest people risk to organizations today, HR pros say
Supply Chain Dive
JUNE 5, 2024
Inadequate succession planning and poor use of worker skills are among concerns worsened by poor management, according to a report from Mercer and Marsh.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
Watch: How Can LSPs Help Their Customers To Weather Disruption?
Supply Chain Brain
JUNE 5, 2024
Ann Marie Jonkman, senior director of global industry strategies with Blue Yonder, frames the key questions that logistics service providers should be asking, as they consider adopting innovative technologies on behalf of customers.
Flexport expands Convoy load board to brokers
Supply Chain Dive
JUNE 5, 2024
The logistics tech firm says its AI-driven digital platform will lower procurement and load management costs as much as 90%.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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USPS struggles to sway online postage providers on Connect Local Mail
Supply Chain Dive
JUNE 5, 2024
Three of the four companies the Postal Service discussed offering the same-day and next-day service to declined, citing various obstacles.
Volvo Set to Roll Out Supply Chain Tracker for EVs
Supply Chain Brain
JUNE 5, 2024
The new tracker will provide details on materials used for EV batteries, as well as the carbon footprint for the batteries themselves.
Poll Results: What do they say about sales and marketing? (Late Night Edition)
Procurement Insights
JUNE 5, 2024
This is going to be a relatively brief post as I want the results of the LinkedIn poll to have center stage. The poll question is: When it comes to choosing a solution provider, who do you rely on the most to make the right decision? About the poll: I want to stress that this is by no means an all-encompassing “official poll.” It is an on-the-fly poll, so please take that into consideration.
Move the Line: Why the IT Zone of Influence Must Expand
Pipefy
JUNE 5, 2024
The role of the IT team has evolved. IT teams are still expected to manage day-to-day operations and security. But businesses also leverage their IT teams to achieve broader goals. Businesses look to IT to help contain costs, inform strategy, and deliver innovative solutions to solve problems across the organization. According to Brian Greenberg, CIO at Fortium Partners: “As businesses increasingly rely on technology to drive growth and innovation, the responsibilities of IT leaders have evolved
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
Building Resilient Supply Chains
Una
JUNE 5, 2024
Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? Explore the importance of constructing an entire ecosystem that can easily flex and pivot. By Hugo Britt | June 6, 2024 Search Search There are choppy seas ahead. Conflicts in Ukraine and the Middle East continue to drive up prices and threaten shipping.
Shadow AI and How To Avoid It
Pipefy
JUNE 5, 2024
IT professionals have long been familiar with shadow IT, in which a business’s employees create IT solutions without official authorization. More recently, the rising use of generative artificial intelligence (AI) has resulted in the emergence of shadow AI, which is slated to increase exponentially as businesses incorporate AI into more operations. This form of Shadow IT is of particular concern to employers due to its ready access from a browser.
Prioritizing operational resiliency to reduce downtime in payments
IBM Supply Chain Blog
JUNE 5, 2024
The average lost business cost following a data breach was USD 1.3 million in 2023, according to IBM’s Cost of a Data Breach report. With the rapid emergence of real-time payments, any downtime in payments connectivity can be a significant threat. This downtime can harm a business’s reputation, as well as the global financial ecosystem. For this reason, it’s paramount that financial enterprises support their resiliency needs by adopting a robust infrastructure that is integrate
What are End-to-End Processes?
Pipefy
JUNE 5, 2024
The need for efficient and effective business processes continues as organizations become increasingly complex and globalized. Fortunately, businesses can streamline their operations with the right tools and strategies, thus cutting costs and increasing value. This approach to taking your business to the next level often involves end-to-end (E2E) processes to deliver solutions.
GEP Outlook Report 2025
Advertiser: GEP
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
From Casual Deals to Strategic Steals: Whelen’s Sourcing Team Transformation
Shapiro Negotiations Institute
JUNE 5, 2024
Mark Morenz faced a big challenge at Whelen Engineering , a company that, since 1952, has developed essential warning systems and crucial life-saving technologies for front-line professionals. As the COVID-19 crisis unfolded, it exposed the vulnerability of Whelen’s informal supplier agreements, particularly when the company was experiencing rapid growth.
NEW WEBINAR: The Procurement Metrics that Matter in 2024
CPO Rising
JUNE 5, 2024
Join Ardent Partners and GEP on June 13th (1 PM ET) for a webcast on The Procurement Metrics that Matter in 2024, as they present the findings from the new research eBook entitled Ardent Partners’ Procurement Metrics that Matter in 2024, a compilation of the industry’s best and most widely-used procurement industry performance and operational benchmarks.
Auto, Steel Groups Urge Canada to Match U.S. Tariffs on China
Supply Chain Brain
JUNE 5, 2024
Prime Minister Justin Trudeau and other Canadian officials have said they are monitoring the American tariff policy, but have not committed to following suit.
Maximizing SaaS application analytics value with AI
IBM Supply Chain Blog
JUNE 5, 2024
Software as a service (SaaS) applications have become a boon for enterprises looking to maximize network agility while minimizing costs. They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates. SaaS takes advantage of cloud computing infrastructure and economies of scale to provide clients a more streamlined approach to adopting, using and paying for software.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
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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