Mon.Feb 19, 2024

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Supply Chain Predictions for 2024

All Things Supply Chain

2023 was a whirlwind year for the supply chain industry.

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Organisation Design

Procurement Templates

Tender Specification for Organization Design Services 1. Introduction: [Your organization’s name] is seeking proposals from experienced and qualified organization design consultants or firms to provide comprehensive organization design services. The purpose of this tender is to select a vendor who can assist [your organization] in developing and implementing an effective organizational structure that aligns with its strategic objectives. 2.

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Trending Sources

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CPO Crunch: The procurement culture club

Procurement Leaders

The well-worn adage of culture eating strategy for breakfast has been around a few years. Attributed decades ago to one of the gurus of modern business philosophy, Peter Drucker, it’s a motto that argues that even the shiniest, most creative plans are worthless unless people feel empowered. Drucker’s principles underpin the approaches of just as many CEOs and business leaders today as they did when he first floated his ideas in the mid to late 20th century.

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Catering Tender

Procurement Templates

Catering Tender When responsible for the Catering Contract- what do you need to know? Here is an overview of the key must-know items in my catering buyers guide. Key areas for consideration • the retention of discounts and the legal relationship between manufacturer/wholesaler, contract and the client; • VAT accounting for free or internal issues; • the status of the contract caterer as agent or principal or both within the same contract; • the value of the management service; • fixed pricing, p

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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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Navigating Ecommerce Growth: Tools for Returns and Inventory Management in 2024

Finale Inventory

As we delve into planning for success in 2024, it becomes clear that an often-overlooked aspect demands our attention: the returns process. This critical yet challenging transaction presents immense opportunities to boost customer loyalty and enhance operational efficiency. This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment.

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Kodiak Hub: Vendor Analysis — SxM and Supplier Risk solution overview, competitors, user considerations, voice of the customer, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Kodiak Hub, a supplier management solution that consolidates all supplier information and data into one view with a focus on performance and risk. There are many old, new and developing stories about risk and the disruptions impacting business continuity and operations. On top of these considerations, the regulatory/compliance landscape is also in constant flux.

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More Trending

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The Five Most Dangerous Supply Chain Attacks in The Last Five Years

Supply Chain Brain

Equipped with automated tools, hackers can hunt through cloud-native applications, public code repositories, unprotected networks and more, without even paying much attention to their computers.

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How to Create Real Retailer-Brand Loyalty

SCMR (Supply Chain Management Review)

Supply chain execution, from one end to the other, is the new competitive edge, and this applies whether you are the brand or whether you are the retailer. Working collaboratively is the glue that holds it together.

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Achieving Procurement With Velocity (Before And After The Pandemic)

Procurement Insights

Not long after the United States declared a public health emergency regarding the COVID-19 pandemic, I released a white paper about a consulting firm’s unique approach to digitally transforming a global procurement practice. Titled “ Achieving Digital Success: Why the Digital Transformation of Procurement Is More About Mindset and Methodology Than Technology ,” here is the closing excerpt from that paper: “The role of Procurement is rapidly evolving.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand.

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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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Episode 153: Finding Purpose in Procurement and in Life with Paul Nilsen

Una

EPISODE 153 Finding Purpose in Procurement and in Life with Paul Nilsen By Kelly Barner | February 21, 2024 Meeting a new friend To ponder the color of Unripe bananas - Paul Nilsen Talking to heroes Who earn their hidden capes while Loving procurement - Kelly Barner Ikigai is a Japanese philosophy focused on finding purpose and meaning. The parts of the word are “iki” which means “alive” and “gai” which means “worth.

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Unlocking financial benefits through data monetization

IBM Supply Chain Blog

Data monetization empowers organizations to use their data assets and artificial intelligence (AI) capabilities to create tangible economic value. This value exchange system uses data products to enhance business performance, gain a competitive advantage, and address industry challenges in response to market demand. Financial benefits include increased revenue through the creation of adjacent industry business models, accessing new markets to establish more revenue streams, and growing existing

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The new procurement journey of Wittur

Jaggaer

Wittur, tra i leader nel mondo nel settore dei componenti per ascensori,presenta la nuova piattaforma internazionale di gestione dei fornitori,basata su tecnologia JAGGAEWittur, one of the leading international groups in elevator components,has unveiled a new international supplier management platform, powered by JAGGAER

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Volkswagen Plans to Supply EV Parts, Cells to India’s Mahindra

Supply Chain Brain

Mahindra will equip some of its five planned electric sport utility vehicles with components from Volkswagen’s MEB platform and unified cells, the carmaker said in an exchange filing February 16.

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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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Why Do We Need Supply Chain Visibility?

Una

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. By Hugo Britt | February 20, 2024 Search Search Supply chain visibility has emerged as a critical factor for organizations aiming to stay ahead of the curve. The ability to monitor and understand the intricacies of supply chain operations has become paramount in mitigating risks , optimizing processes, and capitalizi

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391: Gain Supreme Power Over Your Supply Chain, With SDI

Let's Talk Supply Chain

 Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. SDI is the supply chain solutions and services company that specializes in helping large, multi-site facilities and plant maintenance leaders reduce costs and risks while driving overall performance results and outcomes.

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Three Innovative Sustainable Packaging Stories

Una

Three Innovative Sustainable Packakging Stories Examples of exciting and innovative sustainable packaging solutions emerging in the procurement and supply chain space. By Hugo Britt | February 22, 2023 Search Search Inevitably, any company attempting to reduce its environmental impact will have to grapple with the issue of sustainable packaging. This could involve rethinking the packaging around its own products, and/or encouraging suppliers to improve their packaging and reduce their plastic wa

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Will Negotiators Be Replaced by AI?

Negotiations Ninja

Will negotiators get replaced by AI anytime soon? AI can be used to shortcut understanding contracts, reading contracts, writing contracts, and more. AI is a wonderful tool. Negotiation expert Keld Jensen believes that if we can realize more value and have better negotiations using AI, we very well should. We should not stand in the way.

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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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Supplier Portals: Best Practice in Supplier Onboarding and Enablement

HICX

This session will highlight best practices related to supplier onboarding and enablement including the use of supplier portals. Hackett research has shown that supplier onboarding is becoming more of a critical development area for companies particularly as organizations place a greater focus on managing supply base risks. Through a combination of technology, governance, and end-to-end alignment; companies are streamlining the supplier onboarding process to the delight of business stakeholders w

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Connecting the Dots: The Role of the Modern-Day Warehouse Execution System

Supply Chain Brain

While new technologies can often take time to reach full adoption, the warehouse execution system has seen a quicker acceptance curve than its predecessors.

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How GEP Solutions Company Is Revolutionizing The World Of Procurement

Procurement Freelancers

Effective procurement management is the cornerstone of every successful business.

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Arizona Company Planning $344M Solar Panel Recycling Factory in Georgia

Supply Chain Brain

Solarcycle said that it would hire over 600 employees to work at the Cedartown, Georgia-based facility, which is set to open in 2026.

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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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Happy Presidents’ Day

CPO Rising

Presidents’ Day is one of 11 federal holidays in the United States, and its origins can be found dating all the way back to the death of George Washington in 1799. President Washington was celebrated for his contributions to the founding of this country, and his birthday, February 22, became a day of remembrance.

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