Sat.Apr 02, 2022 - Fri.Apr 08, 2022

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Three ways automation and robotics can mitigate warehouse labour shortages

All Things Supply Chain

Warehouses and fulfilment centres are currently experiencing widespread labour shortages and are failing to attract workers.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final

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Fixing the Supply Chain: How AI Can Help, and How it Can Hinder

Supply Chain Brain

Artificial intelligence can predict future demand, improve automation and increase transportation efficiency, giving supply chain managers deeper insight and control over every aspect of the chain. But it's not a magic fix.

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Payable Automation for Invoice Processing

ProcurePort

• Accounts payable automation is the installation of technology to electronically receive, check, audit, and pay suppliers. • It leads to faster handling of invoices, which can easily pile up when handled manually. • There are several other reasons to consider automation of payables, including accuracy, lower costs, and better relationships with suppliers due to […].

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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 Supply Chain Digitalization Can Address Supply Chain Disruptions

All Things Supply Chain

Industry 4.0 revolutionized many industries, and now it’s being applied to supply chains. Dubbed Supply Chain 4.

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2022 Ivalua NOW Paris Recap!

ivalua

Ivalua NOW Paris Day 1 + 2 Recap . Shaking hands, sharing ideas, having a laugh, and a glass of champagne (or two)…we are renewed, recharged, and re-energized from Ivalua NOW Paris! Ivaluans, customers, sponsors, and prospects gathered at the exquisite Musée du quai Branly – Jacques Chirac to meet, exchange ideas, and collaborate in-person! Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris!

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6 Vendor Portal Best Practices to Follow in the Coming Year

ProcurePort

• The pace of business in the world today has become so fast that managing numerous suppliers simultaneously can be extremely draining. • A business working with multiple suppliers needs to keep up-to-date details about their location, catalogs, certifications, invoices, and performance. • Vendor portal best practices today make supplier management easier.

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Supply Chain Weekly Wrap-Up 04/01/2022-04/07/2022

All Things Supply Chain

Sunflower oil supply disruptions causing havoc for supply chains The recent invasion of Ukraine has led to disruptions of almost half of the world’s sunflower oil exports, meaning companies are…

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Contract Lifecycle Management (CLM) Checklist

ivalua

The post Contract Lifecycle Management (CLM) Checklist appeared first on Ivalua.

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Online Shoppers Want Predictability More Than Speed, UPS Says

Supply Chain Brain

New research shows shoppers are looking for a more customized delivery experience.

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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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5 Signs You Need Supplier and Contract Database Software

ProcurePort

· Contemporary supplier and contract database software promise to streamline how procurement teams approach contracts and sourcing. · This technology ensures real-time communication, collaboration, and management of the contract lifecycle. But how do you know if you should invest in supplier and contract database software? What are the signs telling you it’s time to get […].

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What is Product Liability?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How 3rd Party Liability Insurance Protects Your Supply Chain! Product liability is a legal term that details the manufacturer, distributor, and seller’s responsibilities. This includes what may happen if a buyer becomes injured by a defective product. Manufacturers are tasked by law with the responsibility of maintaining certain standards.

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How to make the most of ARPA funding

Bonfire

All across the US, governments at the state, tribal, and local levels are wading through the enormous task of managing a combined $1.9 trillion in federal funding. The money, approved in March 2021 through the American Rescue Plan Act (ARPA) , is helping communities at all levels rebound from the detrimental impacts of Covid-19. But, as it turns out, managing and allocating the funds is no easy task.

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Can NFTs Thrive in Retail Supply Chains?

Supply Chain Brain

Non-fungible tokens came into the mainstream on the back of the art, collectibles and gaming spaces. Now, everyone seems to be getting on the bandwagon.

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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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8 Unique Phases of Supplier Lifecycle Management

ProcurePort

There’s no doubt that initiating a new relationship is hard, whether it’s a personal or business relationship. To forge a strong relationship and succeed in your endeavors, you have to build trust and loyalty among your circle of suppliers. Strong relationships attract meaningful and lasting business opportunities. Lifecycle management gives suppliers and businesses opportunities to […].

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5 Ways to Reduce Your Call Abandonment Rate!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Video Call Etiquette for a Great Video Call Experience! Abandoned calls in a business represent missed business opportunities as well as poor customer support. Even though different reasons might force a client to abandon a call, the bottom line is that the client was not able to get what they were looking for.

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Procurement in 5-Minutes: How can procurement understand its capabilities and maturity?

Sourcing Solved

We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. In today’s 5-minutes I welcome senior procurement executive and long-time industry expert, René Gotfredsen to answer the question: “ How can procur

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ICT Spring goes "Beyond Frontiers" and unveils a new format in 2022

Supply Chain Brain

ICT Spring is a centrepiece of Luxembourg’s event calendar and one of the top European tech conferences. Organized by Farvest and hosted next June 30th and July 1st at LuxExpo the Box, the event will inspire delegates across a variety of important topics. Key areas of focus are the fast-growing FinTech industry, innovations and technologies building the future of the economy, European Sovereignty in Data & Cloud, Supply Chain initiatives, IT Security, HealthTech, entrepreneurship as well as

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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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Procurement Pandemonium

Purchasing Insight

Mistakes were the inevitable consequence of a pragmatic decision to override most of the normal procurement rules. But we could have expected more of our politicians than to seize the opportunity to line the pockets of their friends and supporters. The post Procurement Pandemonium appeared first on Purchasing Insight.

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Forex Trading Strategy Tips for Beginners!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Tips to Master Forex and Binary Options Trading! The forex market is the largest financial market in the world. Its large trading volume provides a highly liquid trading environment that attracts a large pool of retail traders and investors on a daily basis. Unfortunately, most beginner traders are unable to make consistent profits due to the lack of professional guidance and information on the realities of forex trading.

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Spend Trends Procurement Leaders Should Expect in 2022

SpendHQ

Within the past few years, organizations faced extreme demand volatility and supply chain disruptions that have forced them to radically adapt their procurement systems. While many of these challenges have been out of procurement and their organizations’ hands, there are still trends procurement can follow and prepare to encounter. The post Spend Trends Procurement Leaders Should Expect in 2022 appeared first on SpendHQ.

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Shippers Search for the Nexus of Sustainability and Supply Chain Efficiency

Supply Chain Brain

Shippers walk a tightrope in balancing sustainability goals with demand for goods and the need to remain competitive. Fortunately, the two paths don’t have to be mutually exclusive.

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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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AI-Powered Contract Redline – Dan Broderick from BlackBoiler

The Procuretech Podcast

We're diving in again to the ever-expanding contract management space this week, looking at a piece of software that straddles the murky waters between procuretech and legaltech. Redlining and amending contracts is a boring and tedious process to most procurement professionals, but a necessary evil that comes with the territory for commercial contract negotiations post-sourcing and award.

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The Supply Chain Progress Poll! Denial or Action and Innovation?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chains Are Broken. Denial Will Kill Your Company! As pandemic related restrictions are lifted in our personal and professional lives, the key question is what will our lives be like? What will our new normal be? How will Supply Chain progress? The level of Supply Chain disruption has been pervasive, unrelenting and indiscriminate.

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JAGGAER Doubles Down on Customer Success, Receives Customers’ Choice Distinction in P2P for Second Straight Year

Jaggaer

The post JAGGAER Doubles Down on Customer Success, Receives Customers’ Choice Distinction in P2P for Second Straight Year appeared first on JAGGAER.

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Five Takeaways from the UN’s Latest 3,000-Page Climate Report

Supply Chain Brain

The new report updates previous work by the IPCC — its last work on this topic came out in 2014 — as well as assessing the potential of technology and offering evidence that climate action, done right, can improve the health and wellbeing of people around the world.

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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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Dear CEOs – here are 5 more things your CPOs can do for you

Zycus Cognitive Procurement

After the financial crisis of 2008, companies started to focus on improving their overall value creation to survive the demanding market and economic situation. Unfortunately, with stakeholder pressure to deliver growth and profits in the short term, many companies lost sight of their long-term strategic goals and long-term investments. As a result, these companies forgot to reinvent themselves and remain relevant in this ever-changing market.

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Putting the Principles of Influence into Practice 

Negotiations Ninja

Brian Ahearn is the Chief Influence Officer at Influence PEOPLE. He’s a keynote speaker, trainer, coach, and consultant who specializes in the science of influence and persuasion popularized by Robert Cialdini. Brian has written multiple books on the science of influence, including “Influence PEOPLE: Powerful Everyday Opportunities to Persuade that are Lasting and Ethical” and “Persuasive Selling.

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Procurement Category Management: The Art of Balancing the Cost, the Value, and the Demand

The Good Spending

Category management is the brain and spine of strategic procurement. Procurement largely relies on category management in its constant endeavor to transform transactional purchasing into a value-creation machine. This post analyzes what makes genuine category managers and " separate future physicians from those who wanna play doctor." Category management is an integral part of the "plan-to-procure" cycle.

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Tesla Halted, Chips Pile Up as Shanghai Lockdown Upends Business

Supply Chain Brain

Cases are at a record in Shanghai, now the epicenter of China’s worst outbreak since the start of the pandemic, and the lockdown has been extended indefinitely.

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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.