March, 2024

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Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time.

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CPO Crunch: Think intelligently about artificial intelligence

Procurement Leaders

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Is it the efficiencies that might be gained from harnessing the technology? How about the insights that might be available? Or is it more fundamental, such as the potential new business models that might become possible? Or – whisper it quietly – the risks you face from not thinking about it at all?

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Trending Sources

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UPS plans to close around 200 US facilities, shift volume to automated hubs

Supply Chain Dive

The company is consolidating locations as part of its "Network of the Future" initiative, which aims to reduce its labor needs and save $3 billion by 2028.

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Treasure Hunting with TJX

Art of Procurement

The last few years have not been kind to retailers. Inventory misalignment has dragged down revenue and working capital. Companies. The post Treasure Hunting with TJX appeared first on Art of Procurement.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Happy Easter

Procurement Templates

Happy Easter. It’s a time for reflection and the resurrection of Jesus. Spend the time reiving your tired body and enjoy time with loved ones. My Valentines Satire post was rather popular so here is the Easter one! Procurement Parody: An Easter Reflection In the solemn glow of Easter, as we celebrate renewal and rebirth, let us turn our attention to a ritual as ancient and mystifying as the resurrection itself: procurement.

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Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal. It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePo

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. But does it work? Early supplier involvement is a term that has evolved since the 1990s, when the world discovered that Japanese automotive OEMs such as Toyota and Honda outperformed their competitors in terms of design quality and time-to-market.

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4 best practices for the global supply chain of the future

Supply Chain Dive

Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.

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Five Trends That Will Drive Supply Chain Success in 2024

Supply Chain Brain

Logistics and supply chain professionals are moving away from the short-term survival thinking that characterized the pandemic period.

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Celebrate International Women’s Day

Procurement Templates

It’s time to celebrate! International Women’s Day is a wonderful occasion to celebrate the social, economic, cultural, and political achievements of women worldwide, while also advocating for gender equality. It’s a day to honour the contributions of women in every sphere of life and to recognize the progress that has been made, while also acknowledging the work that still needs to be done to achieve full gender parity.

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Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

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Spend Matters releases the Spring 2024 SolutionMap Insider featuring 79 procurement technology solutions

Spend Matters

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 79 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 12 source-to-pay (S2P) categories, with mandatory demos and

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The Red Sea Dilemma for Shippers: Extended Transit, Rising Costs and Increased CO2 Emissions

All Things Supply Chain

Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to shippers’ operational strategies at least in…

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CPO Crunch: What does the future hold?

Procurement Leaders

A few weeks ago, I wrote about how procurement, R&D and sustainability were being rolled under one leadership at Mars Wrigley. It’s a fascinating blueprint for how procurement is being viewed as a catalyst for sustainability – supporting the strategic involvement of suppliers in product development while embedding ESG across core business, and I’ll be watching developments with interest.

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Shippers should lock in trucking rates soon: experts

Supply Chain Dive

Carrier executives are beginning to show optimism for a rate recovery, which could spell rising costs for customers.

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The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for

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Why Container Lines Don’t Fear the Massive Supply of New Ships on Order

Supply Chain Brain

The world’s major ocean container lines can’t get enough of big new ships — never mind the threat of severe overcapacity and a resulting downward pressure on freight rates.

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Procurement Playbook

Procurement Templates

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services. Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement process

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Crisis Management 101: A Supply Chain Primer

SCMR (Supply Chain Management Review)

Many supply chains have developed plans to navigate through disruptions, but fewer have detailed crisis management plans to implement should the unthinkable happen.

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Beyond Visibility: Social Media’s Role in Reinventing Supply Chain Engagement

All Things Supply Chain

Ever peeked behind the curtain to see how your favorite products come to life? Social media’s doing exactly that, pulling back the veil on manufacturing like never before.

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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

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CPO Crunch: New model armies

Procurement Leaders

Hands up if you’re either thinking about, have recently been through or currently undergoing a procurement operating model change. I have a suspicion – if you were to play the game – that a lot of virtual hands would be reaching for the sky right now. Why? Anecdotally, I’ve had several conversations with CPOs recently that have landed on the issue, which is one sure indicator, but another stronger indicator was last week’s CPO community call on the subject.

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In an era of AI, skill building is a top organizational priority, LinkedIn says

Supply Chain Dive

Learning and development pros can encourage short bursts of instruction to help workers make progress in small chunks.

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AI and the practice of Procurement – Contracting and Legal

Spend Matters

Complementing our recent research into AI in procurement solution use cases and our wider theme around AI in general , Spend Matters has been undertaking a series of interviews with senior procurement practitioners to gauge the level of interest in, and infiltration of, AI and generative AI (GenAI) in the practical lives of the procurement organization today.

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When Procurement Bear Fruit

Procurement Templates

Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! We all love a good simile or metaphor or what ever it is, and they can be quite useful in getting down to the core qualities of something in one fell swoop. In a busy department, when trying to get to know your workmates, there is good way of getting to know each other, what fruit would you be?

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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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Time for Chief Supply Chain Officers to Get Serious About Third-Party Risks

Supply Chain Brain

Geopolitical risks are disrupting global supply chains and compelling business leaders to take third-party risk management more seriously.

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Save Billions of Dollars in Counterfeiting: Brand Protection with Blockchain

All Things Supply Chain

The counterfeiting merchandise market has boomed over the last few years.

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Procurement – much more than a job

Procurement Leaders

“Procurement is not a job, it’s a responsibility,” are words that will be nagging at the minds of a hundred procurement executives, following an impassioned speech by Henkel CPO Bertrand Conqueret in Frankfurt last week. As a founding member of Together for Sustainability (TfS) and a cofounder of the Sustainable Procurement Pledge, Bertrand was taking advantage of a prompt offered by the outgoing CPO of Innio, Thomas Janvier.

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Port of Baltimore halts vessel traffic after bridge collapse

Supply Chain Dive

While the port is still processing trucks, the loss of the Francis Scott Key Bridge will disrupt port operations for some time.

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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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PepsiCo’s Supply Chain Journey to ‘Always Everywhere’

SCMR (Supply Chain Management Review)

PepsiCo is known for its iconic food and beverage items, but it required partnering with other organizations to truly remake its supply chain on a journey to be “always everywhere” for its customers.

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Spot the mistakes Strategic Sourcing Framework

Procurement Templates

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. Can you spot the mistakes! She’s added in category analysis twice and then she added a RFQ before a PQQ which means the flow isn’t quite right. A RFQ is used for low cost purchases and a PQQ is typically used for higher cost tenders.

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Planning for Natural Disasters: A Growing Priority in Supply Chain Risk Management

Supply Chain Brain

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

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VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. Traditional procurement processes can be complex, time-consuming and manual, leading to inefficiencies, a lack of transparency and increased risk. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!