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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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How Smart Contracts Are Impacting Supply Chains

Logistics Viewpoints

Smart contracts are software programs that self-execute and are stored on a blockchain. Suppliers of smart contract development tools: Ethereum Foundation, Polkadot, Hyperledger, OpenZeppelin, Chainlink How Smart Contracts Automate Supply Chains 1. Suppliers of blockchain logistics solutions: VeChain, IOTA, Helium, IBM TradeLens 3.

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Rethinking WMS: Why No-Code / Low-Code Solutions are Transforming Warehousing

Logistics Viewpoints

This is the best way to ensure you dont overbuy or underbuy a solution, avoiding unnecessary costs or missing critical functionality. Its an oft-quoted saying in IT: 80 percent of customers only use 20 percent of the features in the software theyve purchased. What Does No-Code/Low-Code Mean?

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How E-Commerce is Changing Less Than Truckload Shipping

Blue Grace Logistics

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. These enhancements help carriers meet tighter delivery windows and ensure accuracy, enabling them to stay competitive in the fast-paced e-commerce market.

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Truckload Pricing Dynamics with Jon Payne

The Logistics of Logistics

Under Jon’s leadership, Loadsmart has developed and gone to market with several customized pricing solutions for shippers, including Reliable Contracts, a dynamic contract solution that guarantees 100% PTA and incentivizes Loadsmart to purchase below market. Home Depot’s Empty Mile Solution with Eduardo Silva.

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What the New Administration Could Mean for Your Business

WorkWave

This could limit businesses’ ability to meet demand, especially during peak seasons and potentially lead to higher labor costs and project delays. These might include discounts for purchasing electric lawn equipment or energy-efficient pest control solutions. companies that bring their foreign earnings back to America.

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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. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.