Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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Six Industries That Can Merge Circular Economic Practices With Supply Chain Management

All Things Supply Chain

As greenhouse gas emissions continue to stand as a major threat to the climate, the United Nations launched a Net Zero initiative.

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RFP executive summary: Recap results and win buy-in

RPF360

An excellent executive summary can help your RFP quickly navigate the last steps of the procurement process. Explore the basics and best practices of RFP executive summaries. Then, use the RFP executive summary example and template to create your own. The post RFP executive summary: Recap results and win buy-in appeared first on RFP360.

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What Is Industrial Marketing? (With Examples)

The Thomas Blog

Today, marketing without a business plan in place is nearly impossible if you want to drive results—and it's even more true in the manufacturing sector. You need to align your strategy of bringing in new clients with how you're planning to expand into new markets, work at capacity, and expand your company. Industrial marketing can help you create a competitive strategy and drive financial success.

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Plan for inland port in the middle of California’s Mojave Desert gains traction

Supply Chain Dive

Local officials signed off on a proposal that developers say could help relieve congestion at the ports of Los Angeles and Long Beach.

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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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Vendor Management Best Practices — The Ultimate Guide of 2022?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. However, many organizations do not know these best practices in their industry.

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Simple Invoice Software

ProcurePort

• Procurement is a complex undertaking that demands time and effort. Procurement teams spend time managing contracts, handling invoicing, and conducting matching processes. • Automation provides an easy way to handle invoices. The almost overnight transition that organizations and employees have had to deal with has been challenging, physically, emotionally, and even psychologically. • Thus, […].

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O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

ivalua

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. O-I Glass is one of the world’s leading producers of glass bottles and jars, operating 70 glass manufacturing plants in 19 countries with an annual revenue of $6.4B in 2021 and 24,000 employees.

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Supplier Evaluation — Everything a Procurement Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Supplier Evaluation — Everything a Procurement Professional Should Know. A supplier’s evaluation is crucial in procurement. The evaluation helps the organization filter the potential suppliers to get the best partner for its business.

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Getting Better Visibility into Your Accounts Payable and Receivable

ProcurePort

• How can your business better understand its accounts payable vs accounts receivable? In what ways can you improve your management of payables and receivables? • Running your business without a proper understanding of how money flows from your customers to your suppliers is akin to driving while blindfolded. • Your business model is irrelevant […].

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The Big Interview with Matthew Welch

Procurement Heads

How did you get into procurement? My career to date has been varied, I initially spent nearly eight years involved in road traffic law, insurance and logistics. I reached a crossroads in my career in my late 20s where I had been exposed to pockets of procurement in the absence of a standalone procurement function and liked what I saw. I was either going to continue in logistics and insurance or pivot and try my hand at procurement.

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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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Net Zero pledges are reaching “critical mass”, but can they cause a Chain Reaction?

ivalua

Progress on sustainability is notoriously hard to measure for organizations, but the needle is moving in the right direction. A new report from the Science-Based Targets Initiative (SBTI) found that 2,000 firms across 70 countries worth $38 trillion have set emissions reductions targets that line up with the science. It’s incredible to see the strides we’ve made over the past year or so.

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Supplier Management — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Supplier Management — The Ultimate Guide of 2022. Supplier management is crucial for organizations that have many vendors or suppliers. They need to manage their supplier to maintain the relationship that they have built.

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What is Vendor Management?

ProcurePort

• Vendor management is the sum of all activities a company undertakes to maximize the value of the relationship they have with its vendors. This includes but is not limited to listing probable vendors, comparing prices, quality checks, cost control, and risk management. • Effective vendor management takes combined efforts across departments and therefore purchasing […].

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Blue sky thinking at Ovation

Procurement Leaders

There’s no doubt that procurement and supply chain are at the heart of some of the most challenging and stimulating issues we face as a society – climate change acceleration, geopolitical manoeuvrings, increased volatility and disruption, rampant inflation, to list just a few. Neither is there any doubt that the role and influence of business leaders will continue to grow over the coming decade as we grapple with the types of challenges listed above.

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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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Rising Supply Chains Complexity & How to Manage It

SCMDOJO

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. While it brought all excitement and increased revenue, manufacturers have started to experience its significant side effect: a rise in supply chains complexity. As the needs of vendors and customers change, there are varying industry trends altering and complicating the supply chain.

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Supply Chain Planning — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . For this article, we will show you steps on how to create a successful supply chain plan.

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Shippers pull back from air cargo as ocean reliability improves

Supply Chain Dive

Rates are on a downward trend and have yet to bottom out, according to Clive Data Services.

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The Exciting Use of Drones for Inventory Control!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Love at First Flight! Flying and Crashing My First Drone! (Video). In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. Even then there would a period during which records were being reconciled before operations could resume normal function.

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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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Another Month of High Volume at Port of L.A., While Exports Continue to Fall

Supply Chain Brain

July saw another “outstanding” month for cargo volumes at the Port of Los Angeles and wait times were down, said port executive director Gene Seroka, while noting that exports had continued to decline for three years. .

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282: Rethink Distribution, with Cavallo

Let's Talk Supply Chain

Today I’m joined by Cavallo , a powerhouse software company that is on a mission to drive efficiency in every stage of the distribution process. Brought to you by the designers of SalesPad, Cavallo offers distribution management software with all the power of an ERP solution, and all the functionality of the industry’s biggest tech powers – with none of the bottlenecks, frustrating interface, or difficult-to-access data.

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Gap enters logistics and fulfillment space with GPS Platform Services

Supply Chain Dive

The retailer will offer a suite of supply chain services including next-day shipping and reverse logistics.

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Taking Part in Bitcoin Trading!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 7 Strategies to Increase Bitcoin Trading Profit! Indeed, electronic cash related designs are ceaselessly offering a ton of benefits to financial benefactors and transporters. Besides considering placing your saved resources in bitcoin cryptographic money and taking part in bitcoin trading, you are doing great.

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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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Today’s Last-Mile Delivery ‘Must-Haves’

Supply Chain Brain

There are some basic characteristics that enable flexibility for last-mile carriers.

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Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

Understanding and Taming Tail Spend. A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. Welcome! This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. You’ll hear from industry experts who have been there, done that, and can share best practices for managing tail spend.

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Railroads should raise pay 24%, White House labor board proposes

Supply Chain Dive

Carriers wanted a smaller increase, but say they are ready to secure a contract as labor woes persist.

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[Pod] Digital Procurement Is Not Easy: Don’t Go It Alone w/ Anthony Mignogna and Claire Sexton

Art of Procurement

“‘Go live’ is not a business outcome. Because there is a lack of clarity as to what the target business. The post [Pod] Digital Procurement Is Not Easy: Don’t Go It Alone w/ Anthony Mignogna and Claire Sexton appeared first on Art of Procurement.

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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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Five Ways to Avoid, Absorb and Recover from Supply Chain Disruptions

Supply Chain Brain

Supply chain resiliency is the ability of an organization to avoid, absorb and recover from the business impact of disruptions through a risk-balanced approach to product, supply chain strategy and network design.

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Episode 78: Empowering Procurement to Create Broader Value with Brian Chaplin

Una

Episode 78: Empowering Procurement to Create Broader Value with Brian Chaplin. By Kelly Barner | August 17, 2022. Modernizing procurement organizations from tactical to strategic takes more than new technology and upgraded processes. The individuals on the team will need to embrace change as well. Whether it is through improved relationships with internal stakeholders and key suppliers, or distributed authority to generate ideas and make decisions, everyone has a role to play.

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Inflation Reduction Act encourages EV battery sourcing, production in North America

Supply Chain Dive

The law creates incentives that could require major shifts in critical mineral supply chains for U.S. automakers.

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A New Cloud EDI Platform: 5 Ways to Simplify EDI

Let's Talk Supply Chain

For many companies, implementing EDI and onboarding trading partners is a time-consuming, costly, and frustrating process. Traditional EDI software integrations and partner onboarding have not evolved over the years. If you’ve accumulated EDI connections with hundreds of trading partners, the thought of switching platforms may seem daunting. A growing number of companies are learning that there are new solutions with modern architectures available that make EDI much simpler to manage, maintain a

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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.