November, 2024

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The Challenge of Plastic Waste: A Global Crisis

All Things Supply Chain

For decades, plastic recycling has been riddled with complexities. Many plastic containers, especially those composed of multi-layered films, have traditionally been deemed unrecyclable.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Core Procurement Skil ls Strategic sourcing Supplier relationship management Contract negotiation Vendor evaluation and selection Cost analysis and reduction Procurement planning Inventory management Spend analysis Risk management in procurement Market research Financial Acumen Budget management Total cost of ownership analysis Financial forecasting Return on investment (ROI) analysis Payment terms optimization Financial risk assessment Cost-benefit analysis Lifecycle costing Procurement financi

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Remote work in Procurement

ABC of Procurement

We live in an era of Remote work. However, I rarely find remote procurement teams. Is there a real reason for it? The post Remote work in Procurement first appeared on ABC of Procurement.

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Avoiding the AInxiety trap

Procurement Leaders

It’s amazing how revitalising a few days in the company of a group of procurement leaders can be. Guaranteed to recharge the inspiration batteries, face-to-face time with members is what’s best about being in this role. And being in Singapore for the Asia Pacific Procurement Congress last week left me in no doubt that the region continues to be a powerhouse of energy, innovation, creativity and growth.

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Enterprise ABM Marketing Tools: A Marketer's Guide

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

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Consolidating the USPS Final Mile

Art of Procurement

Maybe it is because I grew up watching Mr. Rogers Neighborhood, but there is something about the United States Postal. The post Consolidating the USPS Final Mile appeared first on Art of Procurement.

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China’s Chancay Megaport in Peru Opens

Supply Chain Brain

The China-backed megaport has the potential to create whole new trade routes that will bypass North America entirely.

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Amazon’s inbound fulfillment process is getting a makeover

Supply Chain Dive

CEO Andy Jassy said initial efforts to improve inventory placement are bearing fruit while more investments are underway.

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SpendHQ: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of SpendHQ and its solution for spend analytics and procurement performance management. Part 1 of this vendor analysis provides a detailed overview of each module and includes an analyst summary. In part 2 of this series, we will provide more details on the strengths and opportunities of the solution, review the competitive landscape and provide selection considerations.

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A formula for success

Procurement Leaders

A couple of weeks ago, I hosted a call for Procurement Leaders’ CPO community during which the CPO of a major healthcare organisation shared his function’s transformation journey, the lessons learned and its impact. One of the keys to the success of the transformation was that it had a clear purpose and was fully aligned with the organisation’s need to pivot following the impact of Covid, and subsequent earnings and share price underperformance.

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Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head

Art of Procurement

In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.

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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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Harnessing Artificial Intelligence for Sustainable Supply Chains

Supply Chain Brain

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

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AI’s Role in Construction and the Supply Chain

All Things Supply Chain

AI technology continues to take the world by storm with its innovative tools and revolutionary systems. Industries around the globe are reaping the benefits, including the construction supply chain.

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Pitney Bowes cuts 2,300 jobs in continued cost-savings push

Supply Chain Dive

The company is planning further workforce reductions that it aims to complete next year.

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‘Return on Relationships’ – the ROI of building supplier relationships and how to measure it

Spend Matters

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings.

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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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Take time to think differently and challenge your norms

Procurement Leaders

Last week, Procurement Leaders released the CPO Compass 2025 – a unique piece of thought leadership that aims to challenge the assumptions that underpin leaders’ long-term planning. It’s a chance to step back and reflect; to look at the world differently. This year we’ve explored three key topics that CPOs will have to navigate over the coming years: navigating the world’s accelerating “geoeconomic fragmentation” as trading blocs become increasingly common; understanding the balance and interp

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Walking a Mile in Another Supply Chain’s Shoes

Art of Procurement

“The reason I like listening is I think, ‘If I’d have been CPO there or in other organizations, what would. The post Walking a Mile in Another Supply Chain’s Shoes appeared first on Art of Procurement.

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The Changing Role of the CTO at the Executive Table

Supply Chain Brain

The role of chief technology officer has evolved significantly over the years, as businesses have come to rely more heavily on technological innovation for their very survival.

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New Supplier Relationship Management Certificate  

All Things Supply Chain

The Association for Supply Chain Management (ASCM) has launched a new supplier Relationship Management certificate designed to help supply chain professionalsbuild strong supplier relationships.

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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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Amazon launches same-day drone delivery in Arizona city

Supply Chain Dive

Customers near the company's Tolleson facility can get thousands of items delivered with the technology, but there are limitations.

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Vroozi: Vendor Analysis (Part 1) — Procure-to-Pay solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Vroozi and its solution for procure-to-pay (P2P). The procure-to-pay space continues to evolve as organizations demand more efficient, automated solutions to manage procurement, invoicing and payment processes. As businesses prioritize streamlining operations and improving financial control, the need for comprehensive, cloud-based P2P platforms has grown.

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CPO Compass 2025

Procurement Leaders

Procurement Leaders provides independent strategic research, category intelligence and access to a unique global community aimed at uncovering innovations and driving value.

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The Power of Visualization in Freight Optimization and Resilience

Art of Procurement

Anyone who spends their day working with data will tell you that data alone is never enough. It needs to. The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Three Steps Manufacturers Need to Take Before Investing in AI

Supply Chain Brain

When used diligently, AI-driven product recommendations and content can also indirectly boost sales by enhancing customer engagement, satisfaction and brand relevance.

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Tariffs, Trade, and Transition: The US Election’s Potential

All Things Supply Chain

Tomorrow marks the 2024 U.S. presidential election, a pivotal event with significant implications for supply chains.

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USPS plans 2025 rate hikes, including big Parcel Select increase

Supply Chain Dive

The pricing changes, slated to take effect in January, aim to provide a revenue boost for the financially struggling agency.

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How spend analytics solutions support risk management

Spend Matters

Spend analytics vendors do what their name implies: they derive insights from spend data. However, that is not all they are capable of doing. Many spend analytics vendors apply that analytical expertise elsewhere, such as contracts, carbon emissions or supplier performance. This results in analytical data not just for those areas but also dashboards and opportunities that use hybrid data (spend + another factor) to help determine KPIs and enterprise goals.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Rethinking Supply Chain Management

The Network Effect

The post Rethinking Supply Chain Management appeared first on The Network Effect.

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How Sourcing Agents Simplify Your Global Supply Chain

Procurement Freelancers

In today’s globalized economy, businesses are constantly seeking ways to reduce costs and find high-quality… The post How Sourcing Agents Simplify Your Global Supply Chain first appeared on Procurement Blog | Procurement & Supply Chain News.

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Amazon Workers to Strike or Protest Worldwide on Black Friday

Supply Chain Brain

The workers will be pressing for better workers’ rights and climate action from the giant retailer.

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Key Challenges and Strategies for Retail Success

All Things Supply Chain

With the holidays shopping season approaching, Black Friday is becoming a pivotal event for retailers worldwide.

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4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.