Tue.May 07, 2024

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CPO Crunch: Follow the money

Procurement Leaders

“So, you’ve mapped Tier-2. Now what?” This was the deliberately optimistic title of a very recent CPO community call that explored just how far into the supply chain our members have visibility. As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond.

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Red Sea Risk Matrix: A Model for Managing Supply Chain Disruption

Supply Chain Brain

If you’re still viewing supply chain disruptions as one-off or random occurrences, you’re doing it wrong. These events are chronic and inevitable.

professionals

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Walmart taps Swisslog to automate 3 milk facilities

Supply Chain Dive

The technology platform consists of cranes, palletizing and de-palletizing robots, a pallet conveyor system, a small-load conveyor system and software to operate it all.

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Introducing the Craft Supplier Risk Management Platform

Supply Chain Brain

Craft is launching a user-friendly, configurable supplier risk management (SRM) platform designed for team collaboration and proactive risk mitigation.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Avery Dennison leveraged supply chain resilience to navigate Finland port strikes

Supply Chain Dive

The adhesive materials maker leveraged supplier diversification and enhanced inventory strategy to avoid disruptions.

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Descartes: Online Consumers Frustrated With Frequent Delivery Problems

Supply Chain Brain

Out of 8,000 consumers surveyed, 63% said they took some sort of negative action after encountering delivery problems.

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Maersk Warns of 'Intensified' Crisis for Carriers in Red Sea

Supply Chain Brain

Maersk also says that vessels will likely continue rerouting around Africa's Cape of Good Hope "for the foreseeable future.

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Williams-Sonoma to pay $3.2M for violating FTC’s Made in USA order

Supply Chain Dive

The retailer listed products as being made in the United States when they were manufactured abroad.

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How to Build and Execute an Effective Supplier Risk Management Strategy

Supply Chain Brain

Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.

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See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

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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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As Forced Labor Prevention Enforcement Heats Up, the Focus is on Compliance

Supply Chain Brain

The most crucial tool a supply chain manager can have to fend off UFLPA or other compliance risks is a transparent view of your suppliers’ critical relationships.

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How GEP Solutions Transform Procurement Processes

Procurement Freelancers

Both strategic innovation and operational efficiency are critical in the quickly changing corporate environment. This… The post How GEP Solutions Transform Procurement Processes first appeared on Procurement Blog | Procurement & Supply Chain News.

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Boeing ‘Missed’ 787 Inspections, May Have ‘Falsified Records’

Supply Chain Brain

An internal Boeing memo said that “several people had been violating company policies by not performing a required test, but recording the work as having been completed.

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4 key metrics to know when monitoring microservices applications running on Kubernetes

IBM Supply Chain Blog

Understanding how microservice applications works on Kubernetes is important in software development. In this article, we will discuss why observing microservice applications on Kubernetes is crucial and several metrics that you should focus on as part of your observability strategy. Why should you observe microservice health running on Kubernetes and what are the Kubernetes metrics you should monitor?

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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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Maersk Says Decision on Return to Port of Baltimore Could Be Imminent

Supply Chain Brain

Just under 200 containers have been taken off the Dali container ship to get it ready to float again before it's taken out of the area.

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Maximize business outcomes on IBM Cloud with Concierge Platinum Services

IBM Supply Chain Blog

In the rapidly evolving digital landscape, we see that businesses are increasingly migrating to cloud services to enhance their operations, boost productivity and foster innovation. However, the process of transitioning clients to the cloud can often be intricate and time-intensive. To tackle this challenge head-on, IBM® offers clients access to a specialized Concierge Platinum Team, which is equipped with top-tier skills and expertise, to help expedite the cloud onboarding process and prov

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FTC Fines Williams-Sonoma for Deceptive 'Made in USA' Products

Supply Chain Brain

The FTC discovered that Williams-Sonoma mattress pads listed as "crafted in America from domestic and imported materials" were actually fully imported from China.

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Revolutionize your talent acquisition strategy: How AI can help you find the right candidates faster

IBM Supply Chain Blog

Imagine that you are a talent acquisition manager at a large corporation, and you’re struggling to find suitable candidates for a critical role. Despite posting the description on multiple job boards, the résumés received are either unqualified or uninteresting. This results in wasted valuable time and resources on manual screening, causing frustration among hiring managers.

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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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C.H. Robinson Introduces AI Technology to Automate Email Interactions

Supply Chain Brain

Generative artificial intelligence now reads and replies to 2,000 emailed quote requests a day.

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Meet the Founder: #2 – Paul Gurr (Provalido)

Procurement Software

We’re back with the second in our series of blogs where we ask a few thoughtful questions to the Founder of a procurement software company! Every month we do this, our goal is to get to know them personally and also their product a little better. By doing this, we shine a light on some of the lesser-known solutions. These 5-minute insights are perfect to read on a coffee break if you’re keen to grow your knowledge of digital procurement tools.

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Empowering Procurement Efficiency: The Dover Chemical Arkestro Case Study

Arkestro

Resources / Blog / Empowering Procurement Efficiency: The Dover Chemical Arkestro Case Study Empowering Procurement Efficiency: The Dover Chemical Arkestro Case Study If you want to reduce procurement costs, putting your data to work is a great place to start. The seemingly small 1% error rate associated with manual data entry can end up creating thousands of errors down the road — and cost you thousands of dollars.

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Product Qualified Leads (PQLs): Definition, Calculation, and Benefits

The Thomas Blog

Product Qualified Leads (PQLs) differ from conventional lead-generation strategies by prioritizing user engagement with the product as a primary indicator of sales-readiness. Unlike Marketing Qualified Leads (MQLs) and Sales Qualified Leads (SQLs), PQLs are assessed based on their active interaction with the product, indicating a bigger likelihood of conversion.

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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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The Value of Competition: Lessons from Professional Sports

Procurement Express

One Percent Gains Every Single Day In this post, we have a special guest, Benny Igiehon, a skilled Account Executive at Procurement Express.com. Benny is not only an exceptional salesperson but also a professional soccer player. Today, we will explore the lessons that can be learned from competing at a high level in sports and how they can be applied to business.

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What is Should-Cost Analysis in Procurement?

Una

What is Should-Cost Analysis in Procurement? Should-cost analysis in procurement involves a full examination of cost components to estimate and evaluate the reasonable price of a product. By Hugo Britt | May 7, 2024 Search Search If you, as a consumer, have ever exclaimed, “ How can they charge that much when it probably only cost them ($X) to make??

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Which tech would I buy first in a greenfield CPO role?

The Procuretech Podcast

This week on The Procurement Software Podcast, we delve into the topic of selecting technology in a greenfield procurement role. Host James explores what technology he would invest in if given the opportunity to lead a digital transformation in procurement. Join us for a deep dive into the world of procurement technology and decision-making. What digital procurement tools should you buy first?