Wed.Feb 07, 2024

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What Does the Aging Demographic Mean for Medical Supply Chains?

All Things Supply Chain

Medical supply chains have endured a number of public health crises, from the HIV epidemic to viral outbreaks to substance abuse to the recent COVID-19 pandemic.

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The U.S. Bought More Goods from Mexico than China in 2023

Supply Chain Brain

Mexican exports to the U.S. topped out at $475.6 billion, beating China which saw its exports to the U.S. fall by 20% year-over-year to $427.2 billion.

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Foot Locker COO names 4 skills crucial to supply chain leaders

Supply Chain Dive

Global awareness was one skill Elliott Rodgers highlighted during remarks at Manifest Vegas 2024.

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Optimizing Healthcare Inventory Management With AI and RFID

Supply Chain Brain

The headlines about shortages and disruptions in healthcare supply chains aren’t going away anytime soon. The industry needs help.

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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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Sports gear retailer deploys autopicker robots

Supply Chain Dive

The Feed expects the robots will enable the warehouse to fulfill 5,000 orders per day, and plans to complete integration by the end of March.

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Nearshoring to Mexico in 2024: What to Consider Before You Relocate

Supply Chain Brain

Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.

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Sustainability trends: 5 issues to watch in 2024

IBM Supply Chain Blog

In 2024, sustainability is taking center stage. Efforts to track and reduce emissions, environmental impact and contributions to climate change are no longer rare or optional; instead, they’ve become the norm. Businesses, governments and individuals now see sustainability as a global imperative. Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them.

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Upcoming Indo-Pacific trade deal adds to US supply chain priorities

Supply Chain Dive

Meant to boost collaboration and resiliency among trade partners, member countries will make their picks for key committees in the coming months.

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LG Chem, GM Sign $18.6B Battery Materials Supply Deal

Supply Chain Brain

The South Korean chemical company said that it would supply GM with at least 500,000 tons of cathode materials through 2035, enough to manufacture batteries for 5 million EVs.

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GM, LG Chem ink $19B cathode material supply deal

Supply Chain Dive

The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.

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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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Mercanis: Vendor Analysis — S2C solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Mercanis, a newcomer in the upstream suite landscape. It was created in response to the growing need for organizations to streamline and improve their procurement operations through the adoption of digital solutions. To achieve that, Berlin-based Mercanis focuses on flexibility — specifically, on providing a modular and configurable platform that customers can adapt to their needs and grow over time — and usability to ensure a wide and low

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The case for separating DNS from your CDN 

IBM Supply Chain Blog

If you’re signing on with a content delivery network (CDN) provider, you’ll probably see DNS as part of the standard service package. It’s only natural—to access your content delivered by the CDN, the Internet has to know where to send the traffic. CDNs make it easy to configure and manage those DNS settings. It’s easy to accept DNS services as part of a CDN package.

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1998 to 2007 to 2024 DND, Virginia and Colgate-Palmolive’s Timeless Formula For Digital Procurement Success

Procurement Insights

EDITOR’S NOTE: Technology has and will continue to evolve from punch cards, floppy disks, and CP/M to Windows, Zettabytes, and AI; the one constant piercing the timeline is that technology alone has little to do with digital procurement success, but stakeholder communication and collaboration. Check out the three case references below to learn about the common thread of success over the past quarter century: 1998 – Department of National Defence – Are you chasing solutions or

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Approve EU Supply Chain Law, Say Investor Groups

Supply Chain Brain

Though Germany cannot derail the legislation by itself, the measure could be in danger if it receives opposition from other major EU countries, including Italy.

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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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Cut Carbon in 2024 by ‘Marketing’ to Suppliers

HICX

By Anthony Payne, CMO for HICX The new year is a good time to reflect on the environment and what can be done to manage climate change. The key action, reducing carbon emissions, has been adopted by major manufacturing brands, and each year their deadlines — like halving emissions by 2030 to reach net zero by 2050 — edge closer. Manufacturing brands are nevertheless making slow progress.

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Modern Strategies for Navigating Check Fraud in Today’s World

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Modern Strategies for Navigating Check Fraud in Today's World.

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A fresh take on sustainability goals

HICX

Costas Xyloyiannis, CEO of HICX, discusses why it’s time for leaders to take a fresh view of the data problem, and plan to reduce emissions. The start of the year is a good time for business leaders to consider their progress against net zero commitments. It also nudges us nearer to carbon-cutting milestones, the nearest of which is in 2030. By this time, businesses across the globe need to have halved their carbon emissions.

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FAA Chief Says Boeing’s Repeat Lapses Led to Tighter Oversight

Supply Chain Brain

The agency expects to have enough data from an investigation launched after the accident to make initial recommendations as soon as late February, the FAA said February 5.

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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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We’re exhibiting at Procurement Strategies and Innovation 2024

Positive Purchasing

We are delighted to be sponsoring Procurement Strategies & Innovation (PSI) on 5 March 2024! Formerly known as eWorld Procurement & Supply, this is the UK’s technology showcase for procurement professionals. Since February 2001, more than 10,000 procurement professionals have attended this unique platform for learning and sharing knowledge about the myriad of developments that have transformed purchasing and supply chain processes in the 21st Century.

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Lead Generation vs. Lead Prospecting: Goals, KPIs, Tactics

The Thomas Blog

In sales and marketing, lead generation and lead prospecting are vital processes that lay the foundations for the identification and nurturing of a progression of potential customers. While the two terms are regularly used interchangeably, they represent unique and distinct stages in the customer-acquisition journey. Image Credit: Shutterstock.com/Ivelin Radkov Lead generation is the first step in the customer-acquisition process.

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Procurement News — February 7, 2024

CPO Rising

Welcome to our first Procurement News of 2024, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here. Procurement Executive News Eric Galkin Promoted to CSCO at Paris Baguette MOONACHIE, N.J.