Mon.Jan 29, 2024

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Retailers Are Planning to Shake Things up in 2024, Survey Finds

Supply Chain Brain

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.

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Amazon’s $1B investment fund eyes last-mile tech, AV startups

Supply Chain Dive

The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.

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US DOT Makes Intermodal Infrastructure Investments

Supply Chain Brain

The awards, announced January 25, will make considerable investments in intermodal freight infrastructure.

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EG America names new VP of procurement

Supply Chain Dive

Less than two weeks after undergoing corporate layoffs, the c-store retailer has hired BJ’s Wholesale Club’s former director of strategic sourcing and procurement.

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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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How does data deduplication work?

IBM Supply Chain Blog

Recent years have witnessed an explosion in the proliferation of self-storage units. These large, warehouse units have sprung up nationally as a booming industry because of one reason—the average person now has more possessions than they know what to do with. The same basic situation also plagues the world of IT. We’re in the midst of an explosion of data.

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Retailers have finally tamed their inventories: report

Supply Chain Dive

Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.

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More Trending

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The critical need for dangerous goods compliance

Supply Chain Dive

Education, resources and regulatory support can help shippers avoid fines and other penalties.

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French Farmers Block Highways Around Paris as Protests Sharpen

Supply Chain Brain

Farmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.

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New Year Insights for the procurement solutions and services marketplace 2024: FRDM

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Our series runs from mid-December to end-January, then our senior analysts will wrap up with their own take on the key themes that emerge. In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50

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Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast

Supply Chain Brain

Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.

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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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End Customers Responsible for 33% of Late Deliveries in Aerospace Supply Chain

SCMR (Supply Chain Management Review)

A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.

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The AI Assistant for everyone: watsonx Orchestrate combines generative AI and automation to boost productivity

IBM Supply Chain Blog

What if employees had the ability to effortlessly delegate time-consuming tasks, access information seamlessly through simple inquiries, and tackle complex projects within a single, streamlined application? What if customers had access to an intelligent, friendly virtual agent to provide answers and enable self-service experiences around the clock? This technological revolution is now possible, thanks to the innovative capabilities of generative AI powered automation.

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Sphera SCRM: Vendor Analysis 2023 Update — SCRM solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters. Although Sphera (the company, not the SCRM module) is a few years younger than riskmethods, it acquired riskmethods in 2022 to complete its ESG-focused offering with r

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Business continuity vs. disaster recovery: Which plan is right for you?

IBM Supply Chain Blog

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. While the terms are closely related, there are some key differences worth considering when choosing which is right for you: Business continuity plan (BCP): A BCP is a detailed plan that outlines the steps an organization will take to return to normal business functions in the event of a disaster.

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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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What is the “Cando” executive mindset for AI adoption?

Procurement Insights

EDITOR’S NOTE: The following is a recent post by Cando Rail & Terminals President & CEO Brian Cornick. My response follows: “Joe McKendrick highlights the persistent staffing issues affecting supply chains, particularly in the context of labor shortages across design, production, and distribution. The solution may be AI and automation.

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Digital transformation examples

IBM Supply Chain Blog

A digital transformation is an overhauled, digital-first approach to how a business is run. The digital world is evolving quickly with new products and digital technologies that require vigorous digital transformation initiatives. The main goal of a digital transformation is to use new digital technologies throughout all aspects of a business and improve business processes.

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The Game-Changing Role of Graph Technology in Supply Chain

Supply Chain Brain

As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.

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The blueprint for a modern data center 

IBM Supply Chain Blog

Part one of this series examined the dynamic forces behind data center retransformation. Now, we’ll look at designing the modern data center, exploring the role of advanced technologies, such as AI and containerization, in the quest for resiliency and sustainability. Strategize and plan for differentiation As a leader, you need to know where you want to take the business—understanding the trajectory of your organization is nonnegotiable.

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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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Think Decision first, Data and AI later

Supply Chain Trend

“Companies with flaky master data would be wise to cleaning that up first before embarking on DI.”, a comment on my last blog about Decision Intelligence said. I surely agree, data is absolutely important when implementing technology. It already was when I was implementing ERP or APS systems 20+ years ago. And it still is. Garbage in is still garbage out indeed.

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Watch: The Impact of Biden’s Executive Order on AI

Supply Chain Brain

Attorney and legal technology expert Colin S. Levy explains the scope of President Biden’s recent executive order on the development of artificial intelligence, and speculates about its long-term implications.

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What Is a Contract Repository? +6 Key Features You Need

ContractSafe

Every important agreement, contract, memorandum, or amendment is stored in a contract repository. And it’s not always given the respect it deserves. It’s an often-overlooked asset that can make or break your business.

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Logtech Companies Trimming Staff

Supply Chain Brain

Venture-capital investments in supply-chain technology startups fell to $780 million in the fourth quarter of last year, down from $5.2 billion in the same quarter two years earlier.

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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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Contract Negotiation – A How To Guide for 2024

Barkers Procurement

2024 Contract Negotiation Guide. In a perfect world, a supplier would just provide you with their service or product at the price you want without any hesitation. But we don’t live in a perfect world. In procurement, you have to negotiate the contracts to get the best deal for your organisation; however, this is going to be much harder in 2024. A combination of external factors such as Brexit, rising inflation, supply chain disruption and the impact of COVID has created a harsh economic climate

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The Four Types of Benefits to Communicate in Sales

Negotiations Ninja

Ian Campbell is the CEO at Nucleus Research, an “Investigative technology research firm that uses a return on investment, case study approach to assess the value of technology.” They focus on whether or not something delivers value.

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7 Strategies for Seamlessly Optimizing Warehouse and Sales Channels

Finale Inventory

Running a successful business requires handling various processes seamlessly. Your warehouse’s synergy with sales channels is pivotal, impacting operational efficiency, customer satisfaction, and financial success. The good news is there are plenty of tools and technologies to make managing these processes smoother for you. Understanding the Challenges in Warehouse and Sales Channels Management Among the tasks and processes necessary to optimally manage a business, ensuring the smooth oper

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Magnus Mondays: Graphite Connect: Supplier Management, Network Style

CPO Rising

As part of the Magnus Mondays series featuring the latest procurement trends and insights, we will also spotlight interesting vendors and vendor updates (with the requirement that they provide a briefing and a reference that is using their software). First up is Graphite Connect, the supplier management solution provider.

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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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388: See The Future of Transportation, with Win Global

Let's Talk Supply Chain

 Today I’m joined by Win Global – an international trade and development consultancy, providing practical tools, products, and training for international trading companies to help them rapidly grow their export and import businesses and follow their passion for global trade. And it was in facing shipping challenges for those companies that Win Global co-founder, Igor Chigrin, hit upon an innovative new idea – an autonomous sustainable international transportation technology that is going

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The Sidekick #001

Una

The Sidekick #001 2024 Is Going To Be A Doozy Kris Lance VP & General Manager, Una January 30, 2024 Image: Marian Kamensky Intro Welcome to the inaugural issue of The Sidekick ! I’m Kris Lance, VP & General Manager at Una, and I believe every Sourcing Hero (that’s you!) needs a sidekick. I’ve started this newsletter to share my thoughts on news and issues that affect the global supply landscape.