Sat.Dec 16, 2023 - Fri.Dec 22, 2023

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Why procurement solution providers have to adopt a “LOSS LEADER” mindset to succeed in an overcrowded market

Procurement Insights

An article I wrote about Tide detergent reveals a secret that every solution provider should know – the power of a LOSS LEADER! Below is my reply to one of the many comments the article’s subject matter inspired. It also provides a direct tie-in to how procurement solution providers can stand out from what has become a mind-numbing competitive landscape.

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How Generative AI Promises to Transform Procurement

Supply Chain Brain

As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.

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New Year Insights for the procurement solutions and services marketplace 2024: Certa

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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The Final Wrap-up of this year – the ATSC Awards 2023

All Things Supply Chain

It’s that time of year again for recaps, and the All Things Supply Chain blog has traditionally joined in this positive habit.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Shipping lines avoid Suez Canal as Red Sea attacks continue

Supply Chain Dive

Carriers' move to reroute or pause vessel transits could add time and monetary costs for shippers.

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Container Lines Rerouting Ships Away From Suez Canal in Response to Red Sea Missile Attacks

Supply Chain Brain

Every major commercial shipping line is rerouting vessels away from the Suez Canal in response to the recent series of missile attacks by Houthi militants in the Red Sea.

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Why CPG Shippers Need to Smooth Flows in Their Supply Chains

SCMR (Supply Chain Management Review)

Volatility is costly and disruptive to operations. Consumer packaged goods supply chains face volatile transportation flows due mostly to variations in consumer behavior, but technology can help smooth those flows.

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FedEx redesigns air network to boost speed, profits

Supply Chain Dive

The company’s “Tricolor” initiative aims to serve e-commerce growth and shifting volume mix.

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Three Ways to Enhance Procurement Value Through Risk Management

Supply Chain Brain

From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.

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Gatekeeper: Vendor Analysis — Contract lifecycle management and third-party risk management solution overview, roadmap, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Gatekeeper and its contract lifecycle management (CLM) and third-party risk management (TPRM) solution. A fast-growing provider, Gatekeeper offers an interesting value proposition, combining CLM with native TPRM functionalities, two areas that are often linked but usually addressed with disparate software tools.

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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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Cleveland Clinic Climbs Atop Gartner’s Healthcare Supply Chain Top 25

SCMR (Supply Chain Management Review)

The Cleveland Clinic is the top healthcare supply chain according to Gartner, which also recognized the Mayo Clinic and Intermountain Health as Masters for their continued excellence.

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Suez Canal at risk: What shippers should know to mitigate disruption

Supply Chain Dive

Using alternative routes like the Cape of Good Hope not only means longer transit times but higher freight costs. Here’s what shipping experts had to say.

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AI and the Supply Chain: What’s in Store in ’24?

Supply Chain Brain

The transportation and logistics industry is still lagging far behind other sectors in taking basic steps toward automation of manual processes.

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New Year Insights for the procurement solutions and services marketplace 2024: GEP

Spend Matters

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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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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Examples and uses of GIS

IBM Supply Chain Blog

One of the largest sources of data is all around us—that is, geospatial data. This is information relating to the Earth’s surface, its climate, the people who live on it, its ecosystems and more. Geographic information systems (GIS ) visualize and make sense of this data, helping people and businesses better understand the patterns and relationships of our world.

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How to avoid the next sriracha shortage

Supply Chain Dive

Smaller producers are snatching up market space left by supply constraints of Huy Fong Food’s popular spicy condiment.

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White House Hosts First Meeting of Supply Chain Resilience Council

Supply Chain Brain

While most supply chain disruptions have dissipated, continued challenges led to the White House giving supply chains another bump in the news cycle with its inaugural meeting of the Council on Supply Chain Resilience.

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New Year Insights for the procurement solutions and services marketplace 2024: Fairmarkit

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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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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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Making sure the correct spare parts are easily accessible when needed can greatly boost profits and how well it operates. Yet, handling spare parts can be tricky and needs careful planning and execution. In this detailed guide, you’ll delve into the most effective ways to manage spare parts.

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Mexico’s nearshoring wave is years in the making

Supply Chain Dive

Decades of investments in logistics infrastructure, trade deals and becoming a manufacturing hub are paying off as shippers look to nearshore production.

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Ocean Freight Rates Likely to Spike Because of Red Sea Crisis

Supply Chain Brain

Almost a fifth of global container trade has already diverted away from the Red Sea and Suez Canal.

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2023 procurement and supply events round-up — A Spend Matters recap

Spend Matters

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. In order of appearance: eWorld Procurement and Supply – March 2023, London The soon to be renamed ‘ Procurement Strategies and Innovation ’ (PSI) event was the first on our calendar this year.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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How to build a successful hybrid cloud strategy

IBM Supply Chain Blog

Hybrid cloud has become the IT infrastructure of choice, providing the interoperability and portability organizations need to access data where and when they need it. Yet navigating the complexities of building and managing a hybrid environment poses unique challenges. To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives.

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Are retailers ready for peak returns season?

Supply Chain Dive

As e-commerce sales surge during the holidays, retailers are re-evaluating how returns affect their inventory management and supply chains.

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Timely, Detailed Employee Feedback Can Alleviate Warehouse Labor Retention Problems

Supply Chain Brain

Traditionally, it’s been tough to gather detailed, timely feedback on employees’ experiences, mood, suggestions and likelihood of quitting. Until now.

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CloudEagle: Vendor Analysis — SaaS management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of CloudEagle and its SaaS management solution. In the ever-evolving landscape of the digital era, businesses are increasingly relying on Software as a Service (SaaS) applications to streamline their operations and enhance productivity. However, with great power comes great responsibility, and that responsibility falls on the shoulders of SaaS management.

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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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2023 Dial P for Procurement Year in Review

Art of Procurement

Long time listeners of the Art of Procurement podcast will know that the team hosts a related podcast, Dial P. The post 2023 Dial P for Procurement Year in Review appeared first on Art of Procurement.

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Shippers consider alternatives after rail border closures

Supply Chain Dive

Bridge closures at Eagle Pass and El Paso, Texas, are leading to longer wait times. Brokers shared some of their tips for mitigating disruption.

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BP Suspends Oil and Gas Shipment through Red Sea

Supply Chain Brain

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

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New Year Insights for the procurement solutions and services marketplace 2024: The Classification Guru

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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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.