Sat.Oct 21, 2023 - Fri.Oct 27, 2023

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Your career in procurement – the two paths

ABC of Procurement

Your career as a procurement professional can go in different directions. Knowing the options early help you to specialize. The post Your career in procurement – the two paths first appeared on ABC of Procurement.

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A Vendor Management Guide for Procurement Leaders

ProcurePort

• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers. • Good vendor management strategies involve working together, measuring performance, building relationships, managing risks, integrating technology, and considering supplier diversity.

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Navigating the Top 7 Direct Procurement Challenges

SCMR (Supply Chain Management Review)

Join this webcast to discover unique strategies to overcome these procurement challenges.

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Why is Now the Time to Digitally Transform Procurement.

ProcurePort

• Digital transformation in procurement is essential due to the availability of advanced tools, data-driven insights, and collaborative technologies that streamline processes, reduce costs, and enhance efficiency. • Organizations should follow a roadmap for digital transformation, assessing their current state, setting clear objectives, selecting the right tools, educating and training their workforce, measuring progress, and […] The post Why is Now the Time to Digitally Transform Procurem

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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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The Market Speaks: Customer asks and challenges of buying during digital transformation

Spend Matters

The ascent of cost reduction and value creation as key focal points for the procurement professional is indisputable. The most direct avenue to addressing both aspects lies in enhancing the efficiency of procurement through dedicated source-to-pay and spend management platforms. This is why, when participating in the 2023 Spend Matters Deloitte Global Chief Procurement Officer (CPO) Survey , which Spend Matters Chief Research Officer Pierre Mitchell assisted in creating, CPOs cited digital trans

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Amazon’s fulfillment network shift exceeds expectations

Supply Chain Dive

Higher local in-stock levels paired with improved connectivity between facilities is driving speedier deliveries.

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Retailers Are Ready for Holiday Season

SCMR (Supply Chain Management Review)

Most holiday inventory is already in place, says NRF’s Matthew Shay, as retailers continue to monitor consumer trends.

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Three Ways Master Data Management Can Achieve Distributor Success

Supply Chain Brain

Wholesale distributors have long been masters of product inventory management, but now they must also take charge of another type of inventory.

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Amazon outlines push to ‘eliminate packaging altogether’

Supply Chain Dive

As the company looks to remove added packaging from more orders in 2024, its packaging innovation director explains how Amazon identifies products fit to ship in their own packaging and works with vendors on redesigns.

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AnyData Solutions: Vendor Analysis — Spend analytics, SRM and contract management solution overview, roadmap, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. In the world of business, procurement departments play a pivotal role in shaping an organization’s success. They are the gatekeepers of resources, responsible for sourcing goods and services that drive operations, impact profitability and influence overall efficiency.

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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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SAP’s Empowering Women in Supply Chain Seeks to Elevate a New Generation of Leaders

SCMR (Supply Chain Management Review)

While the percentage of women in supply chain jobs continues to grow, there remains a retention problem once they reach middle-management level positions. Darcy MacClaren of SAP is trying to change that.

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An EV Talent Gap Will Weaken the U.S. Battery Supply

Supply Chain Brain

America’s battery supply chain is still in development, but to ensure its resilience and reliability will call for best-in-class professionals.

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How 4 health system executives are tackling supply chain challenges

Supply Chain Dive

After the COVID-19 pandemic caused worldwide disruptions, executives at four major health systems shared how they’re innovating supply chain tactics.

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Spend Matters Future 5 2023 – Introducing akirolabs

Spend Matters

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda

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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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Mastering the art of Supplier Negotiation: Tips and Techniques

SCMDOJO

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement.

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UAW Strikes Stellantis’ Michigan Truck Plant; 6,800 Walk Out

Supply Chain Brain

The UAW’s selective strike strategy has been successful in preserving its strike fund, which implies that the UAW can continue the current pace of strikes for 36 more weeks.

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Sugar shortage isn’t causing spike in Halloween candy prices: Wells Fargo analyst

Supply Chain Dive

Despite a constrained global supply of the crop, experts don't believe it will affect sweets makers in the U.S. ahead of the holidays.

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Tipalti: Vendor Analysis, 2023 Update (Part 2) — AP Automation solution: strengths and weaknesses, tech selection tips

Spend Matters

This second part of our three-part Spend Matters 2023 Vendor Analysis update focuses on the strengths and weaknesses of Tipalti’s AP Automation solution. It also looks at the elements to consider when looking at Tipalti as a potential solution provider. Part 1 provides a history and overview of Tipalti´s AP Automation solution, a company-level SWOT analysis and profiles of competitors.

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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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The Astonishing Port of Laredo

SCMR (Supply Chain Management Review)

The expected continued growth in cross-border commerce with Mexico is likely to attract new investment all along the border. The nearshoring activity to Mexico and reshoring to the U.S. will continue for years to come.

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Robots to the Rescue: Creating a Flexible Supply Chain

Supply Chain Brain

Robots offer a perfect solution to market changes, as they can be added or taken away as needs require.

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Union Pacific boosts connectivity between Mexico and Southeastern US

Supply Chain Dive

The new rail service will better connect Mexico's industrial markets with destinations in Florida, Georgia and North Carolina.

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Spend Matters Future 5 2023 – Why we chose akirolabs

Spend Matters

Spend Matters is delighted to announce the 2023 roster for our ‘ Future 5 ‘ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative ap

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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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Convoy Likely Won’t Be the Last Brokerage Shutdown

SCMR (Supply Chain Management Review)

The shutdown of digital broker Convoy has sent shockwaves through the freight world, but it may not be the last freight brokerage to close its doors.

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Chinese Heavy Metal: Export License Rules Risk Thrashing Green-Tech Industry Margins

Supply Chain Brain

Companies need to prepare for the fact that uncertainty combined with high demand will result in volatility in the short run and beyond.

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Pitney Bowes taps new Ambi Robotics system for middle-mile sortation

Supply Chain Dive

The AmbiSort B-Series systems have sorted more than 3 million parcels in the four months they have been deployed.

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Onventis makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists

Spend Matters

Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. Each year, some providers transition from being worth watching to ones that every CPO should know about. This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis.

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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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Supplier Diversity is the Present and the Future

SCMR (Supply Chain Management Review)

According to the National Minority Supplier Development Council (NMSDC), certified minority-owned businesses generate more than $400 billion in annual revenue and economic output. It also found that companies with diverse supplier bases show a 133% greater return on procurement investments than those without supplier diversity.

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How to Combat Endemic Forced and Slave Labor in Supply Chains

Supply Chain Brain

With the UFLPA and CTPAT in place, efforts are clearly being made to counteract the use of slave and forced labor in supply chains. But will it be enough?

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FedEx, UPS and USPS set holiday shipping deadlines for 2023

Supply Chain Dive

Most of the parcel carriers’ deadlines fall in the days prior to Dec. 20 for shippers who want their products delivered before Christmas.

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Tipalti: Vendor Analysis, 2023 Update (Part 1) — AP Automation solution overview, market analysis, company SWOT, competitors

Spend Matters

This Spend Matters Vendor Analysis provides an update on Tipalti, an AP automation specialist that has developed other functions a unified P2P solution usually offers. However, this update does not cover Tipalti’s requisitions and purchase orders capabilities, as we have yet to analyze them. Tipalti has evolved significantly in the three years since our first analysis.

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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.