Tue.Aug 06, 2024

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South Africa Can Fix Backlogged Ports in a Year, Minister Says

Supply Chain Brain

The collapse of rail, ports and other infrastructure — exacerbated by years of poor governance — have hamstrung Africa’s most industrialized economy.

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DHL Express launches surcharge ahead of peak season

Supply Chain Dive

The logistics company attributed the fee to heightened seasonality as China-based e-commerce volumes grow.

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Manufacturing’s Hidden Risk Will Be Outdated SAP Systems

Supply Chain Brain

By understanding the specific threats that have historically targeted SAP systems, companies can better prepare and mitigate potential risks.

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Trucking carriers haul more retail freight as industrial demand lags

Supply Chain Dive

Less-than-truckload companies Old Dominion Freight Line, Saia and TForce Freight are all eager for a rebound in manufacturing demand.

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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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BMW to Open Five New EV Battery Plants Across Three Continents

Supply Chain Brain

The factories will be built in the U.S. in South Carolina, Germany's Lower Bavaria region, Shenyang, China, Debrecen, Hungary, and San Luis Potosi, Mexico.

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Canadian National, CPKC to resume contract talks with Teamsters

Supply Chain Dive

Representatives from the railroads and union agreed to meet Wednesday as a potential strike looms.

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The Role of Sourcing Consultants in Navigating Supply Chain Disruptions

Procurement Freelancers

There will inevitably be supply chain disruptions in the modern, globalized economy. These disruptions, which… The post The Role of Sourcing Consultants in Navigating Supply Chain Disruptions first appeared on Procurement Blog | Procurement & Supply Chain News.

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Boeing Workers Allege Culture of Rushed Work, Low Safety Standards

Supply Chain Brain

One worker claimed that his team was "replacing doors like we were replacing our underwear," and that planes would arrive "jacked up every day.

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Bombardier considers whether M&A could alleviate supply chain woes

Supply Chain Dive

President and CEO Éric Martel noted that the planemaker is facing issues with engine supply.

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A “be all you can be” promo video for AI?!?

Procurement Insights

EDITOR’S NOTE: Today’s post is inspired by a 1:46 #DPWNYC video titled “ How Can Leaders Achieve The Exponential Impact of AI.” I will start by sincerely apologizing for what I am about to write, but I watched this video multiple times, and it didn’t say anything new. As much as I wanted to like it, it was like a “be all you can be” promo video for AI.

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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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Will Tech and AI make Category Manager roles irrelevant?

The Procuretech Podcast

This episode of The Procurement Software Podcast delves into the impact of technology and AI on category manager roles in procurement. Host James Meads explores how advancements in tech can potentially change the landscape of procurement and discusses specific areas like spend analytics that can benefit from AI applications. Tune in to learn more about the evolving role of category managers in the era of technological advancements.

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Importance of Supplier Relationship Management (SRM) in Procurement

TYA Suite

has become more than just buying products and services in the modern era. It is becoming an essential activity. At its core, procurement involves building and maintaining robust relationships with suppliers to ensure a seamless flow of operations. This is where supplier relationship management (SRM) plays a pivotal role. SRM is a comprehensive approach that focuses on strategically planning and managing interactions with third-party vendors that supply goods and services to an organization.

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Techniques of Inventory Control to Improve Inventory Management Efficiency

TYA Suite

Effective inventory management is crucial for businesses aiming to optimize operational efficiency and meet customer demand without excessive costs or shortages. Implementing advanced techniques of inventory control can significantly enhance these efforts. By leveraging data-driven insights, businesses can streamline procurement, minimize carrying costs, and ensure adequate stock levels.