Sat.May 27, 2023 - Fri.Jun 02, 2023

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6 Reasons to Automate Your Quote Request Process

ProcurePort

In today’s fast-paced business environment, efficiency is key. One area where organizations can significantly improve efficiency is the quote request process. Traditionally, this process has been manual, time-consuming, and prone to errors. However, with the advent of technology, businesses now have the opportunity to automate their quote request process.

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3 ways to use procurement negotiation to combat inflation

SCMR (Supply Chain Management Review)

In the realm of procurement, it is crucial for professionals to strategically generate substantial value during deal negotiations, especially when dealing with supplier agreements that encompass more than mere pricing considerations.

professionals

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Navigating Supplier Risk Challenges to Shore Up Cyber Defenses

Supply Chain Brain

Organizations are paying too little attention to the risk of their supply chain information being compromised through cyberattack.

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10 ChatGPT Negotiation Prompts — Everything You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter 10 ChatGPT Negotiation Prompts — Everything You Should Know ChatGPT can help negotiation professionals in a lot of ways, but how? In this article, we will discuss the role of ChatGPT in negotiation. Additionally, we will tell you some of the ChatGPT prompts that can help negotiation professionals in their field.

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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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6 Reasons to Choose a Career in Procurement

Una

6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. By Hugo Britt | June 1, 2023 Search Are you a recent graduate seeking a career path that combines strategic decision-making, problem-solving, and impactful negotiations ?

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Launched by the Saudi government in 2016, the Saudi Vision 2030 Program is a sweeping reform initiative with the aim of diversifying the country’s economy and reducing its reliance on oil production.

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Procurement Managers — The Ultimate Guide

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. However, what are their roles in procurement? In this article, we will discuss what procurement managers do and their importance in procurement.

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Procurement Risk register

ABC of Procurement

Does procurement really need a risk register? What are we going to put there? Let us try to answer those questions The post Procurement Risk register first appeared on ABC of Procurement.

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Logistics providers bet on tech to improve warehouse efficiency

Supply Chain Dive

Companies such as Maersk, DHL and SEKO Logistics have trialed new technologies over the past year. Here are 10 stories that show how.

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Streamline Supplier Onboarding and Data Management with Supplier Management Software

ProcurePort

Effective supplier management is crucial for businesses to maintain smooth operations in their supply chain and drive growth. However, the process of onboarding new suppliers, gathering their information, and managing supplier data can be time-consuming and prone to errors when done manually. This is where automated supplier relationship management software comes into play.

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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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Inventory Control — What You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. However, what is it? In this article, we will discuss what inventory control is.

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The Big Interview with Julian Hackett

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Gemma Burman about his procurement career. How did you get into procurement? My background before I went into procurement was in stores management and stock control. I took a position with Balfour Beatty Rail Infrastructure and part of my remit was to set up new stores for them at their Beeston Depot.

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A labor flareup is affecting operations at several West Coast ports

Supply Chain Dive

The ports of Los Angeles, Oakland and potentially others are experiencing disruption due to the shortfall. This is a developing story.

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The Laws of Supply and Demand Meat at Tyson Foods

Art of Procurement

In his book, An Inquiry into the Nature and Causes of the Wealth of Nations, Scottish Enlightenment thinker Adam Smith. The post The Laws of Supply and Demand Meat at Tyson Foods appeared first on Art of 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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Sustainability Statistics 2023

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Sustainability Statistics 2023 — 20 Key Figures Technological advancements here and there. That’s the common trend nowadays as people are increasingly achieving their feat in various fields. However, does humankind ever look back to where it started?

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5 Common Supply Chain Resume Mistakes to Avoid

SCMDOJO

Are you looking to enhance your chances of landing a supply chain role? As someone with extensive managerial and recruiting experience spanning over 15 years, I’ve had the opportunity to review a staggering number of resumes, totaling more than 200. Through this process, I’ve identified a recurring pattern of errors that often lead to these CVs being overlooked.

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UPS, Teamsters agree to new terms for deliveries using the Postal Service

Supply Chain Dive

The tentative deal regarding the delivery giant's SurePost service is subject to ratification of the next national contract, which is still being negotiated.

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Climate Change Threatens a World Without Doritos

Supply Chain Brain

Climate change is causing supply chain disruptions for several of the commodities that are used to make Doritos like corn, salt, sunflower oil and dairy.

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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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Episode 117: Title 42 Comes to an End with Kris Lance

Una

EPISODE 117 Title 42 Comes to an End with Kris Lance By Kelly Barner | May 31, 2023 On May 11th, Title 42 came to an end with the expiration of the Federally-declared public health emergency established in response to the COVID-19 pandemic. Title 42 allowed the border patrol to turn away migrants without allowing them to claim asylum, but carried no penalty for repeated attempts to cross the border illegally.

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[Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan

Art of Procurement

“The reason you need AI is because you never know what you don’t know. Procurement has to be able to. The post [Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan appeared first on Art of Procurement.

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Labor disruptions throughout West Coast ports sow uncertainty

Supply Chain Dive

Five ports in California and Washington experienced issues Friday as terminal jobs went unfilled. Stakeholders are warning ripple effects could be felt in the coming days.

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Five Steps to Ensuring Supply Chain Solutions Implementation Success

Supply Chain Brain

Success in supply chain planning and operations solutions relies upon the ability to identify and document desired value measures and outcomes, and to align those with the solutions provider.

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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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Bedrock: Vendor Analysis (Part 1) — SxM solution overview, SWOT, competitors, tech selection tips

Spend Matters

Categories: Procurement Systems & Architecture , Supplier Management Tags: PRO This Vendor Analysis is the first of two that cover Bedrock’s SxM offering. Bedrock is a technology company that offers procurement and accounts payable technology solutions and services. Bedrock is the new name of XPROfintech. The company’s rebranding at the end of 2022 is meant to reflect the company's growth and continued commitment to innovation.

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Finding And Vetting The Right Suppliers With The Help Of Sourcing Agents

Procurement Freelancers

The sourcing procedure, which is used to purchase products and services, includes finding and evaluating… The post Finding And Vetting The Right Suppliers With The Help Of Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

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Chocolate maker to streamline warehousing, transportation in cost savings push

Supply Chain Dive

Rocky Mountain Chocolate Factory's planned measures include exiting now-unnecessary storage facilities and outsourcing its last mile fulfillment needs.

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How Companies Can Avoid Competing Solely on Price

Supply Chain Brain

Following are six actions that companies can take as they transition to a flat or declining inflationary environment.

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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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Bedrock: Vendor Analysis (Part 2) — SxM solution: strengths and weaknesses, solution modules, voice of the customer, analyst summary

Spend Matters

Categories: Accounts Payable , Procurement Strategy & Planning , Supplier Management Tags: PRO This Vendor Analysis is the second of two that cover Bedrock’s SxM offering. Bedrock is a technology company that offers procurement and accounts payable technology solutions and services. It offers two products: an SxM solution called Cornerstone and an AP solution called Keystone, which focuses on preventing duplicate and erroneous payments, recovering lost revenue and digitizing payment.

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The implementation of e-logistics in supply chain operations

SCMR (Supply Chain Management Review)

By leveraging the power of e-logistics technology, companies can improve visibility, communication, and efficiency within their supply chain operations.

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Coupa lays off workers as it resets strategy

Supply Chain Dive

The procurement software vendor will also close underutilized offices.

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How Field Service Innovations Can Help Deliver Net-Zero Emissions

Supply Chain Brain

In 2021, just one in five of the 2,000 largest publicly listed companies committed to net-zero policies for carbon emissions. A wake-up call is needed, and field service operations are on the front line to deliver it.

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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.