Thu.Sep 14, 2023

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability.

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Supply Chain by Amazon: 5 takeaways from its annual seller conference

Supply Chain Dive

The end-to-end set of services' capabilities will continue to expand, company executives said at Amazon Accelerate.

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The Food Supply Chain at Risk: How Can We Secure it?

Supply Chain Brain

Enhanced visibility, paired with purpose-built tools designed to monitor the organization’s most critical applications, along with a strategic response plan, can help manufacturers stay ahead of the curve.

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Kroger taps the brakes on automated fulfillment center rollout

Supply Chain Dive

The grocery chain plans to hold off on building new e-commerce sites with the robotics firm Ocado, aiming to focus on automation at its current sites.

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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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The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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RFID on packaging gains traction amid food safety and waste concerns

Supply Chain Dive

A tracking system traditionally used for nonperishable items could become more common on certain types of packaging ahead of future traceability requirements from the U.S. Food and Drug Administration.

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RH expects no interruption after supplier bankruptcy

Supply Chain Dive

The home goods retailer’s CEO said the company doesn’t see any broader supply risks from potential distress among producers in the industry.

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U.S. Imposing Sanctions on Five Turkish Companies Over Ties to Russia

Supply Chain Brain

The designations include accusations of trade and shipping companies helping to repair sanctioned vessels tied to Russia as well as the transfer of “dual-use goods.

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PVH ups inventory reduction goal as supply chain pressures ease

Supply Chain Dive

The owner of Calvin Klein and Tommy Hilfiger is targeting a 25% cut by the end of 2024.

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Companies Lack Policies to Handle Workers’ Enthusiastic Adoption of AI

Supply Chain Brain

A September 13 report from The Conference Board found that 56% of American workers are using generative AI on the job.

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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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The Cold, Hard Facts About Cold Chain Logistics

Art of Procurement

The term “cold chain” was first used in 1908 to describe meat industry storage and transportation in and out of. The post The Cold, Hard Facts About Cold Chain Logistics appeared first on Art of Procurement.

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Unmasking the Magic: How Trade Compliance Software Treats Global

SCMR (Supply Chain Management Review)

In the global supply chain, trade compliance software plays a critical role in ensuring a company and its products meet the necessary regulations, regardless of the company they are being shipped.

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Multicloud connectivity for regulated industry workloads on IBM Cloud

IBM Supply Chain Blog

Figure 1: IBM Cloud connected to other clouds and enterprise networks. As enterprises modernize and migrate workloads to IBM Cloud, they often run into requirements that certain components of their application workloads to run on other cloud service provider networks. These requirements create a technical challenge for enterprises—especially in regulated industries (e.g., insurance, banking, healthcare, etc.)—to establish secure and reliable connectivity between the multicloud applic

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August retail sales see small gains, reports Commerce and NRF

SCMR (Supply Chain Management Review)

Commerce reported that total August retail sales, at $697.6 billion, were up 0.6% from July to August, and were up 2.5% annually. Total retail sales, from June through August, saw a 2.2% annual increase, it noted. NRF’s calculation of retail sales – which excludes automobile dealers, gasoline stations and restaurants to focus on core retail – showed August was up 0.1% seasonally adjusted from July and up 3.3% unadjusted year over year.

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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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YoY Port of LA Container Volumes Grew for the First Time in Over a Year

Supply Chain Brain

The port also saw the number of imported TEUs handled increase by 7% year-over-year to more than 433,000 TEUs, the first year-on-year increase in more than a year.

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Maximizing Productivity in Online Classes: Tips for Students

SCMDOJO

Online education has evolved from being a supplementary form of learning to becoming a vital component in today’s academic landscape. Especially since the global pandemic, more educational institutions have adopted remote learning platforms or online classes to ensure continuity in education. Effective in this virtual environment requires a different skill set and approach than traditional classroom learning.

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Boost Financial Performance with Supply Chain Visibility

Supply Chain Brain

Are supply chain disruptions wreaking havoc on your organization's financial performance? It's time to take control with Boost Financial Performance with Supply Chain Visibility.

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5 Ways Finale’s Labels Can Help Your Business

Finale Inventory

The seller uses a barcode scanner to scan a label. Running a successful business means having all your ducks in a row, especially when it comes to inventory management. But what if your “ducks” are actually thousands of products waiting to be shipped? Warehouses constantly face challenges related to inventory management, like stocking problems, workflow inefficiencies, and tracking issues due to product mismanagement.

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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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Saddle Creek Logistics Services Automates Parcel Analytics & Billing Processes with Enveyo Insights

Supply Chain Brain

For 3PLs, to say shipping analytics and client billing management is “complex” is, put simply… an insult. “Complex” doesn’t even scratch the surface. Learn how Saddle Creek Logistics Services overcame its challenges and achieved a significant ROI with Enveyo.

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Online Learning in the Digital Age: The Impact of Technology on Student Education

SCMDOJO

Since the COVID-19 pandemic started more than three years ago, lots of usual things in our lives had to go through drastic changes. The education field was not an exception. Students and educators had to quickly adapt to the new way of learning. After that, everybody experienced how technology can impact the education process, starting with online learning.

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Supply Chain Integration: A Competitive Advantage for the Mid-Market

Supply Chain Brain

Learn how to manage supply chain risk by exploring how your peers are handling cost pressures, labor shortages and disruptions, and get advice on how to use technology to improve visibility and collaboration between supply chain partners.

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5 Marketing Concepts Every Student Should Know

SCMDOJO

Marketing is the lifeblood of any successful business venture. Understanding how to effectively market a product or service is essential in today’s highly competitive landscape. A grasp of fundamental marketing concepts can provide significant advantages, such as identifying customer needs, establishing a strong brand, and executing effective promotional strategies.

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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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The Ultimate Guide to Supply Chain Network Optimization

Supply Chain Brain

Learn how to optimize your supply chain network and unlock unprecedented efficiency with “The ultimate guide to supply chain network optimization” ebook by 4flow.

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Barkers Announces Partnership with Userlane to Help Businesses Utilise the Full Value of P2P Technology Platforms

Barkers Procurement

We are thrilled to announce a partnership with Userlane, a digital adoption platform which utilises AI technology to drive value for clients. Barkers and Userlane will combine technology with expert guidance to support their mutual clients to streamline processes, increase efficiencies and enhance user adoption of P2P technology software. Together with Userlane’s Digital Monitoring, Adoption and Enablement technology, the partnership signifies a fresh approach to procurement and a commitment by

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Podcast | Patagonia’s 50-Year Journey as a ‘Responsible’ Company

Supply Chain Brain

A lot has happened in the 10 years since Patagonia, the big designer of apparel and gear for outdoor recreation, published a book about its 40 years of being in business.

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The Power Couple: Uniting Manufacturing CFOs and Procurement for Margin Expansion

Arkestro

Webinars / The Power Couple: Uniting Manufacturing CFOs and Procurement for Margin Expansion The Power Couple: Uniting Manufacturing CFOs and Procurement for Margin Expansion Edmund Zagorin Founder and CSO at Arkestro Len DeCandia Former CPO at Johnson & Johnson Summary: Learn practical insights and strategies for fostering a strong partnership between the CFO and procurement that delivers tangible business outcomes.

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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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The Supply Chain Has a New Paradigm

Supply Chain Brain

In The Supply Chain Has a New Paradigm, we examine the Supply Chain Operations Reference Digital Standard ( SCOR-DS) evolution and what it means for supply chain professionals grappling with transformation at various stages of the process.

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[Pod] Procurement 6 – September 15th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – September 15th, 2023 appeared first on Art of Procurement.

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Transforming Supply Chains With Carbon Ledger Technology

Supply Chain Brain

The transformational potential of artificial intelligence and carbon ledger technology in supply chain management cannot be overstated.

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How Procurement Can Build Better Relationships With Internal Stakeholders

Una

Lessons From The Schoolyard: How Procurement Can Build Better Relationships Learn how procurement can build better relationships with internal stakeholders through sharing mutual goals, trust, and collaboration. By Hugo Britt | September 14, 2023 Search Search Improving internal stakeholder relationships isn’t rocket-science, yet many procurement professionals still struggle to reach across the aisle to other functions to establish better ways of working together.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?