Sat.Nov 23, 2024 - Fri.Nov 29, 2024

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Supply Chain 2025: When Visibility Isn’t enough

All Things Supply Chain

In today’s supply chain landscape, mere supply chain visibility isn’t enough for any business involved. And the reason is quite simple. Visibility alone cannot drive business value.

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A formula for success

Procurement Leaders

A couple of weeks ago, I hosted a call for Procurement Leaders’ CPO community during which the CPO of a major healthcare organisation shared his function’s transformation journey, the lessons learned and its impact. One of the keys to the success of the transformation was that it had a clear purpose and was fully aligned with the organisation’s need to pivot following the impact of Covid, and subsequent earnings and share price underperformance.

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Walking a Mile in Another Supply Chain’s Shoes

Art of Procurement

“The reason I like listening is I think, ‘If I’d have been CPO there or in other organizations, what would. The post Walking a Mile in Another Supply Chain’s Shoes appeared first on Art of Procurement.

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Three Steps Manufacturers Need to Take Before Investing in AI

Supply Chain Brain

When used diligently, AI-driven product recommendations and content can also indirectly boost sales by enhancing customer engagement, satisfaction and brand relevance.

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Enterprise ABM Marketing Tools: A Marketer's Guide

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

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Key Challenges and Strategies for Retail Success

All Things Supply Chain

With the holidays shopping season approaching, Black Friday is becoming a pivotal event for retailers worldwide.

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SpendHQ: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of SpendHQ and its solution for spend analytics and procurement performance management. Part 1 of this vendor analysis provides a detailed overview of each module and includes an analyst summary. In part 2 of this series, we will provide more details on the strengths and opportunities of the solution, review the competitive landscape and provide selection considerations.

More Trending

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Amazon Workers to Strike or Protest Worldwide on Black Friday

Supply Chain Brain

The workers will be pressing for better workers’ rights and climate action from the giant retailer.

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How Sourcing Agents Simplify Your Global Supply Chain

Procurement Freelancers

In today’s globalized economy, businesses are constantly seeking ways to reduce costs and find high-quality… The post How Sourcing Agents Simplify Your Global Supply Chain first appeared on Procurement Blog | Procurement & Supply Chain News.

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How spend analytics solutions support risk management

Spend Matters

Spend analytics vendors do what their name implies: they derive insights from spend data. However, that is not all they are capable of doing. Many spend analytics vendors apply that analytical expertise elsewhere, such as contracts, carbon emissions or supplier performance. This results in analytical data not just for those areas but also dashboards and opportunities that use hybrid data (spend + another factor) to help determine KPIs and enterprise goals.

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Macy’s delays full Q3 report over delivery accounting snafu

Supply Chain Dive

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise decent quarter.

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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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Why the Medical Device Supply Chain Must Embrace Automation

Supply Chain Brain

The old-school model of a medical device manufacturing supply chain just doesn’t cut it anymore.

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Unlock Your Business’s True Potential with Sourcing Consultants

Procurement Freelancers

In today’s highly competitive global market, firms must develop effective solutions to simplify supply chains… The post Unlock Your Business’s True Potential with Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.

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SpendHQ: Vendor Analysis (Part 2) — Spend analytics product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of SpendHQ’s spend analytics solution. We will also look at the voice of the customer and the elements to consider when looking at SpendHQ as a potential solution provider. Part 1 of the series provided a history and overview of SpendHQ’s spend analytics solution as well as the solution’s roadmap/vision.

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Hy-Vee improves visibility, delivery performance

Supply Chain Dive

The grocery retailer’s adoption of a transportation management system allows it to better operate its complex cross-dock network, according to SVP of Distribution Matt Beenblossom.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Increased Consumer Confidence Will Boost Holiday Shopping

Supply Chain Brain

Thanksgiving spending is expected to rise by 1.8% year-over-year, followed by a projected 2.8% bump for Black Friday, and then a 3% increase in Christmas sales.

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How Supplier Auditors Protect Your Business’s Interests

Procurement Freelancers

In today’s fast-paced global market, dependable suppliers are essential for smooth business operations. But what… The post How Supplier Auditors Protect Your Business’s Interests first appeared on Procurement Blog | Procurement & Supply Chain News.

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Procurement Decentralization 20 Years Later

Procurement Insights

EDITOR’S NOTE: AI, Generative AI, and Agentic AI are not new. They are not an exciting breakthrough, nor are they a competitive edge. Like my teenage daughter’s recent discovery of the Beatles, these “tools” are as great today as they were 20 years ago. However, to succeed, we must finally learn how to use them properly, e.g., using an agent-based versus equation-based development and implementation model.

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Parcel carrier Spee-Dee Delivery opts for no 2025 rate hike

Supply Chain Dive

The Midwest-focused delivery provider won't increase base shipping charges and is eyeing coverage expansion next year.

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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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Supply Chain Software Company Hit With Ransomware Attack

Supply Chain Brain

It's currently unclear whether the attack impacted Blue Yonder clients in the U.S., including Albertsons, Kroger, Proctor & Gamble and Anheuser-Busch.

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What's new in Fraxion: KPI dashboard

Fraxion

What’s new in Fraxion: KPI dashboard for procurement and spend management insights We’re thrilled to announce the launch of a powerful new KPI dashboard in Fraxion’s spend analytics tool, Insights.

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What makes a procurement professional a good negotiator?

Procurement Insights

I recently received an invite to an upcoming 30-minute webinar titled “ These 3 Practices Will Boost Your Career: The power of data-driven negotiating.” In this live webinar, Rod Sherkin will describe three Procurement Practices that will drive down purchase costs; strengthen your supply chain; and advance your career by quantifying the value you create.

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Ransomware hits supply chain software firm Blue Yonder ahead of Thanksgiving

Supply Chain Dive

The attack against Blue Yonder led to issues for Morrisons, a U.K.-based grocery chain, in its warehouse management system for fresh food and produce.

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4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.

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Transforming the Retail Store With AI Agents

Supply Chain Brain

AI agents are intelligent systems that not only can interact with humans using natural language, but can also incorporate vast amounts of data and knowledge to make autonomous decisions.

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Procurement 6 – November 29th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – November 29th, 2024 appeared first on Art of Procurement.

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Which Of The Following ProcureTech Practitioner Client Interviews Is The Most Helpful?

Procurement Insights

INTERVIEW #1 – James Carithers, COO – Peak Utility Services Group (AdaptOne) – [link] INTERVIEW #2 – Why did Barilla Group Choose o9 Solutions (o9 Solutions) – [link] INTERVIEW #3 – Ryan Meonske, Head of Strategic Procurement – Databricks (ZIP) – [link] COMPARISON BETWEEN ZIP, SOLUTION o9 AND ADAPTONE Here’s a comparative analysis of the pricing models for ProcureTech solution providers ZIP , o9 Solutions , and AdaptOne based on their offerin

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BMW’s US footprint may protect it from tariff impacts, CEO says

Supply Chain Dive

CEO Oliver Zipse said 65% of the company’s cars sold in the U.S. are locally made.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Walmart to End Its DEI Initiatives

Supply Chain Brain

Walmart, which employs approximately 1.6 million US workers, is only the latest company to end its DEI programs in recent months.

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Happy Thanksgiving!

CPO Rising

Whether you’re watching parades, football, or the dog show, everyone at Ardent Partners wishes you a safe and Happy Thanksgiving! If you need a laugh, enjoy this clip of the… The post Happy Thanksgiving! appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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The 2024 Tariff Plan Impact On Direct Material Silent Slopes

Procurement Insights

“Clearly, tariffs will raise costs for imported and domestic raw materials (steel, aluminum, plastic resins, wood, paper, etc.). We should all be prepared when suppliers cite these cost increases to justify higher prices for the products they sell us. Preparation includes detecting supplier “Margin Creep” (Silent Slopes) – the common practice of raising prices more than required to cover their cost increases.” – Rod Sherkin , ProPurchaser.com Inc.

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How MeatWorks cooked up a shipping expansion

Supply Chain Dive

After finding the right combination of delivery speed and reliability, the company is adjusting to heightened demand.

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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.