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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources.

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Walmart and the New Supply Chain Reality: AI, Automation, and Resilience

Logistics Viewpoints

This article outlines key factors driving supply chain change, the limitations of outdated strategies, and how Walmart is restructuring its supply chain using AI and automation. Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions.

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Industry Outlook: Manufacturing Trends

Trinity Logistics

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. The manufacturing industry has seen challenges, from changes in the way people work to the rapid growth in demand, with many of these challenges accelerated by the recent covid-19 pandemic.

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The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

The supply chain management techniques that dominated the last 30 years are no longer supporting consumer behavior or logistics and manufacturing capabilities. You'll learn more about: Trending supply chain tech investments to consider. Procurement strategies in response to network delays and bottlenecks.

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How manufacturers can use ERP to improve the procurement process

SYSPRO Smarter ERP

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Let’s examine Amazon’s approach as well as the limitations of traditional supply chain planning, the operational benefits of AI, and the necessary steps for implementing AI-driven strategies. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models.