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How combinatorics drives smarter decisions in freight procurement

Shipsta

From unstable freight pricing to supply chain volatility, the world of freight procurement has taken a few knocks in recent years. More and more leaders are leveraging advanced solutions to navigate the ever-changing landscape, streamline operations, and get steps ahead of the market.

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Predicting Unpredictability: Expert Advice for 2024 Freight Operations, Benchmarking, and Procurement Preparation

CLX Logistics

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The question then becomes, how can we predict these unexpected twists and turns to stabilize budgets without impacting operations? The outcome?

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Digital Procurement for Ship Supplies Operations

SIPMM Professional Publications

Ship management procurement prospect has changed effectively. Procurement costs can be substantial owing to the size of the business itself. The post Digital Procurement for Ship Supplies Operations appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

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Leveraging Data to Drive Operational & Procurement Decisions in Transportation

Talking Logistics

But how can companies turn this abundance of data into actionable insights to make smarter and more effective operational and procurement decisions? Read more Leveraging Data to Drive Operational & Procurement Decisions in Transportation. That is the key question.

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Five Best Practices for Balancing Costs, Risks, and Sustainability

In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs.

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Negotiating With A Chatbot: A Walmart Procurement Case Study

Talking Logistics

This past February we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — “Is your company using Artificial Intelligence in its supply chain or logistics operations?”

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Enabling AI in Procurement Transformation – The Case For Adoption in the Electric Utility Industry

Supply Chain Brain

Utilities should set their procurement technology strategy to implement a fully integrated global I.T. system infrastructure that incorporates procure-to-pay operations with fully automated workflows.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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2023 Procurement Planning: How Shippers Can Navigate Disruption With More Agile Strategies

In 2023, shippers have an opportunity to reimagine their supply chain operations so they’re well equipped to navigate any future disruption. Understanding when and how to leverage real-time, spot, contract and dedicated procurement—depending on business needs and the state of the market—will be vital to navigating supply chain volatility.

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The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

Procurement strategies in response to network delays and bottlenecks. Operational shifts that reflect the growing business influence of supply chain leaders. You'll learn more about: Trending supply chain tech investments to consider. Forecasting techniques to manage inventory.

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How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).