Sat.Dec 17, 2022 - Fri.Dec 23, 2022

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Hiring for Procurement in the Project Economy

Una

Hiring for Procurement in the Project Economy. By Hugo Britt | December 20, 2022. The shift to the project economy has been so subtle that perhaps you haven’t noticed it happening. But the reality is that project-based organizational structures are replacing top-down, role-based hierarchies in businesses of every size. Ask yourself if you’ve noticed any of the following trends in your workplace.

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How To Negotiate With A Business Partner

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. How To Negotiate With A Business Partner. If you own a business, you’d know how hard it is to handle everything. You have to find the capital, manage employees, and keep track of profits. This is one good reason to get a deal with a business partner.

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What Is Contract Lifecycle Management (CLM) and Why Is It Important?

ContractSafe

Contract lifecycle management isn’t a great dinner party topic. But the success of your business could depend upon doing it well.

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The Final Wrap-up of this year – the ATSC Awards 2022

All Things Supply Chain

The days are getting shorter, the nights longer (in the northern hemisphere) and Christmas is practically upon us.

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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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How the IoT Can Drive Sustainable Supply Chains

Supply Chain Brain

More and more companies are adopting advanced technologies such as blockchain, artificial intelligence, and the internet of things (IoT) to transform their supply chains and keep pace with market requirements.

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Supply Chain Collaboration — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . In this article, we will discuss what supply chain collaboration is.

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How to Minimize Price Increases

Procurement Bulletin

How to Minimize Price Increases. Unless you’re Walmart, most businesses wouldn’t be able to tell their suppliers to “just don’t raise prices” So, what can you do? Here’s a few tips for minimizing those sneaky and not-so sneaky price increases for your products. A Penny for Your Copper? Apparently copper was feeling left out of the supply chaos happening around the world and wanted to get in on the action.

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AI for Supply Chains Needs Cause-and-Effect Reasoning

Supply Chain Brain

Intelligent prediction is more important than ever in enabling our vastly complex supply chains to operate in real time and deliver on customers’ needs.

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Contract Lifecycle Management Software — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Contract Lifecycle Management Software — The Ultimate Guide of 2023. Integrating contract lifecycle management software is one of the best ways to manage contracts in a company. However, what is it? In this article, we will discuss what contract lifecycle management software is.

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Top disruptions that shook supply chains in 2022

Supply Chain Dive

Geopolitical conflicts, strike threats and weather-related disasters forced businesses to yet again adjust operations.

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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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How automated fulfillment delivers for your business

Strategic Sourceror

It's difficult to pinpoint the most important department when it comes to everything that goes on in the warehouse but a case can be made for fulfillment. During the pandemic, when lockdown measures created staffing shortages just as demand for consumer goods skyrocketed, fulfillment was overwhelmed with orders, creating shipping delays that persisted for months.

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What to Do When Volatility Is the Norm

Supply Chain Brain

Uncommon Goods can experience sales spikes during its typical six-week peak period of up to 10 times the average volumes in Q1 and Q3, and typically does two-thirds of its business in Q4.

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How to Bring More Spend Under Management

Una

How to Bring More Spend Under Management. By Hugo Britt | December 22, 2022. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Some organizations define SUM as any spending that leverages preferred supplier contracts.

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FedEx expects plummeting demand to pressure per-package revenue

Supply Chain Dive

As volumes soften, the balance of power appears to be shifting back in shippers' favor.

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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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National grocer to stop buying Maine lobster

Strategic Sourceror

Maine's official nickname may be the Pine Tree State, but given its proximity to the coast and its abundance of sea life, it might as well be called the Lobster State. Employing an estimated 5,600 independent lobstermen, harvesting over 100 million pounds of the crustacean annually and contributing over $1 billion to the state's economy per year, according to industry data, the nation's lobster supply chain largely runs through Maine.

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Reactive Pandemic Response Strategies and Their Implications for Supply Chains

Supply Chain Brain

Proactive pandemic management strategies are an investment in business viability and supply chain resilience, and also enhance business operational capabilities.

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Episode 95: All Eyes on China – the Human Side of Current Events with Kris Lance

Una

Episode 95: All Eyes on China - the Human Side of Current Events with Kris Lance. By Kelly Barner | December 21, 2022. In 2022, the world read news headlines that included skyrocketing energy costs, the horrors of war, rising food insecurity, complex economic troubles, and more. While the issues at the heart of these stories differed greatly, they all have one thing in common: human impact.

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Port of Los Angeles, Long Beach to end terminal dwell fee

Supply Chain Dive

Officials said the threat of a fee contributed to a 92% decline in lingering cargo since the program was announced last October.

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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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With a little help from friends: Towards regional supply chains

SCMR (Supply Chain Management Review)

At the operational level, regional supply chains could replace traditional global supply chains. But is friend-shoring so easy to implement? Probably not, but it is certainly worth evaluating.

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The Next Phase of Remote Work: The Factory Floor in Your Living Room?

Supply Chain Brain

Imagine an individual sitting on their living room couch and wearing VR goggles, not to play a video game but to carry out a day’s work of production.

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New Year Insights for the procurement solutions and services marketplace 2023: Globality

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the

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Smaller parcel carriers expanded capacity, coverage in 2022

Supply Chain Dive

Alternatives to FedEx and UPS bolstered their services and capabilities as they pursued a larger share of shippers' volumes.

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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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The Christmas tree supply chain

SCMR (Supply Chain Management Review)

There's plenty of uncertainty across it all.

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Achieving Supply Chain Success in the Face of Global Disruptions

Supply Chain Brain

Winter is upon us, and with the arrival of cold weather, rising energy prices, and oil and gas supplies being impacted by geopolitical tensions, businesses once again face potential supply chain challenges.

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The Coupa timeline – From foundation to Thoma Bravo, analysis and breakdown

Spend Matters

Categories: Industry News , Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers Tags: EU , mergers and acquisitions On December 12, 2022, Coupa announced that it had entered into an agreement with Thoma Bravo to be acquired. This article serves to take a high-level look back at Coupa’s life as a company thus far, with links to our previous coverage, as well as to provide a brief analysis of its time as a public company.

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FedEx Express expands New York City pilot of electric delivery carts

Supply Chain Dive

The carrier is building upon tests from last year that saw couriers increase package deliveries by 15% per hour.

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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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The Christmas tree supply chain: Risk on

SCMR (Supply Chain Management Review)

If you’re frustrated with forecasts in your company, try the Christmas tree business for 3 to 10 years.

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Rolls-Royce Engine Key to Zero-Carbon Flights Ready for Testing

Supply Chain Brain

The next stage of development will see it spooled up using 100% sustainable aviation fuel, a kerosene replacement that’s set to play a key role in cutting net emissions in coming few years.

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New Year Insights for the procurement solutions and services marketplace 2023: KPMG

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: Insights Series , PRO For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different as we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the

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DHL Supply Chain to lay off nearly 400 workers at 2 California facilities

Supply Chain Dive

The adjustments are due to a planned change in a customer's business, according to a spokesperson, and the affected facilities will remain open.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.