Wed.Nov 15, 2023

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ERP Digitization: MRO as a Business Driver

Supply Chain Brain

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

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Amazon unveils heavy-lifting warehouse robot Titan

Supply Chain Dive

A fulfillment center in San Antonio is the first to use the technology in its operations to carry larger and bulkier items.

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AI in Procurement and ‘Autogmentation’ Part 4 — Procurement use cases of AI and Generative AI

Spend Matters

In This content is for members only. Visit the site and log in/register to read. The post AI in Procurement and ‘Autogmentation’ Part 4 — Procurement use cases of AI and Generative AI appeared first on Spend Matters.

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UPS unveils Supply Chain Symphony platform in push for greater shipper visibility

Supply Chain Dive

The offering allows customers to access previously standalone data from the company's different services in one place.

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How to Create Sales Email Sequences That Convert

Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.

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Watch: Managing the Yard: Why a YMS?

Supply Chain Brain

With all the focus on warehouse management systems, facilities might be neglecting the importance of managing the yard as well, says Colin Mansfield, vice president of Yard Management Solutions.

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Under Armour ‘really excited’ about progress on inventory

Supply Chain Dive

Growth in stock levels has shrunk considerably as the sportswear brand sells through pack-and-hold products and funnels excess stock to its outlet stores.

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Flexport to open fulfillment center in New Jersey

Supply Chain Dive

The Phillipsburg site adds to the company’s existing large-scale warehouse operations in Atlanta and Los Angeles.

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Robots to Outnumber People at UPS’s Massive New Warehouse

Supply Chain Brain

The package-handling giant plans to fill the $79 million facility with more than 3,000 robots by 2024 to handle tasks like lifting, reducing the need for manual labor.

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Zip Forward 2023: Recap of first annual Zip User Conference

Spend Matters

On November 8, Zip hosted its first annual Zip Forward User Conference in San Francisco, California. At the event, the provider revealed several new solution features, including a relatively robust sourcing module. Zip also hosted panels and facilitated keynotes and Q&A sessions with various procurement and finance leaders from notable customers, such as Snowflake, OpenAI, Discover and Northwestern Mutual.

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Transfix Launches RFP Manager Tool

Supply Chain Brain

Transfix said that this new feature will allow companies to manage an RFP in just minutes rather than in hours.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Watsonx: a game changer for embedding generative AI into commercial solutions

IBM Supply Chain Blog

IBM watsonx is changing the game for enterprises of all shapes and sizes, making it easy for them to embed generative AI into their operations. This week, the CEO of WellnessWits, an IBM Business Partner, announced they embed watsonx in their app to help patients ask questions about chronic disease and more easily schedule appointments with physicians.

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Are SaaS Apps the Achilles’ Heel for Supply Chain Attacks?

Supply Chain Brain

The shift toward an increasingly digital workforce has led to a massive increase in software-as-a-service (SaaS) applications. Yet many come with serious vulnerabilities, turning them from an asset into a liability.

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Kearney Experts Publish Supply Chain Operations book

SCMR (Supply Chain Management Review)

A new book, Strong Supply Chains Through Resilient Operations, from the consultants at Kearney offers real-world examples and insight on how to build resilient supply chain operations.

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DOE Invests Another $3.5B in U.S. Battery Industry

Supply Chain Brain

The DOE is looking to strengthen the U.S.’s battery supply chain because the estimated demand for lithium is expected to increase tenfold by 2030.

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Foundational ABM Building Blocks

Account-based marketing (ABM) is a key strategy for driving sustainable growth. Today, many B2B companies use ABM teams or technologies to make sales. But getting a program off the ground successfully doesn’t have to be a daunting task. Watch this webinar with Rachael Foster, Director of Account-Based Experience at ZoomInfo, and Dan Dolph, Manager of Account-Based Experience at ZoomInfo.

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When Does A Five Cent Part Cost You A Million

Procurement Insights

Based on my research – including feedback from practitioners, here are the three main challenges manufacturers face today : Data Accuracy regarding evolving PO information and final reconciliation, including the negative impact on supplier relationships, e.g., DPOs/DSOs. Overcoming Supplier Resistance to Adoption – forcing the supplier to adopt a different system, e.g., focusing on “supplier adoptability” versus “supplier adaptability.” Strategic Provider Partnering

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Istanbul Airport to Offer Cargo Community System

Supply Chain Brain

The system will enable operators, companies, airlines and other agencies to access all types of cargo-related information on a single platform.

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The ULTIMATE Preferred Procurement Betrayal – The Story of a Scandalous Supplier and Their Supposed Status

Ms. Category Management

November 15, 2023 - The ULTIMATE Preferred Procurement Betrayal – The Story of a Scandalous Supplier and Their Supposed Status

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Russian Roulette: The High-Stakes Game of U.S. and EU Sanctions on Russia

Supply Chain Brain

While economic sanctions aim to pressure targeted countries, it's critical to scrutinize their reciprocal impact on the enforcing countries' economies.

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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?

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BP and JLL: Reimagining Real Estate and Facilities Management Outsourcing

Vested Way

Since its inception in 1908 the bp story has always been about transitions. bp’s purpose is reimagining energy with a big hairy audacious goal to help the world reach net zero emissions by 2050 and improve people’s lives. bp plans to get there by dramatically reducing carbon in bp’s operations and production facilities and by growing new low-carbon businesses, products and services.

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Retailers Left with Excess Inventory Ahead of Holiday Season, Analysts Say

Supply Chain Brain

Two-thirds of the 30 retailers analyzed had inventory turnover rates below their peers, which indicates excess stock and/or slow sales.

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How to Optimise a Small Procurement Department

Barkers Procurement

There are several different reasons why you might wish to optimise your procurement department. Your business or organisation could be entering a new growth phase or a growth strategy phase. You might be developing a new product or breaking into a new market. Then there are more straightforward business reasons such as the need to control costs and increase profitability.

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375 – Blended: ‘Did They Just Say That?’ The Truth About Microaggression

Let's Talk Supply Chain

 Welcome back to Blended! It’s episode 38, we are once again joined by a fresh new panel of inspirational professionals, and today, we’re talking about microaggression. It’s a term you’re sure to have heard. First used around 1970 by Harvard psychiatrist, Dr. Chester Pierce, it initially described the regular insults and dismissals he witnessed, from non-black people towards the black community.

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AI in Sales: How AI is Transforming Go-to-Market

How will generative AI transform sales? It’s a question that promises to drive billions of dollars in revenue opportunities over the next five to 10 years. And if you’re not leveraging AI solutions in your go-to-market motions, you’re already behind. In this eBook, we’ll cover: How today’s top sales leaders are incorporating AI into their go-to-market motions.

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AI-Empowered Procurement – Part 3: Solving Procurement’s Data Problems with Automation

Art of Procurement

In this four-part special series, host Philip Ideson speaks with members of the LavenirAI team about the current and future. The post AI-Empowered Procurement – Part 3: Solving Procurement’s Data Problems with Automation appeared first on Art of Procurement.

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Technology Round-Up — November 15, 2023

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.