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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? Agile procurement is your lifeline.

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LLMs, Optimization and Automation: Supply Chain’s Defenses Against Market Swings

Blue Grace Logistics

Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions.

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Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

What strategies can businesses employ to optimize these costs, enabling them to streamline operations and enhance efficiency? By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. Continuous Improvement is a complex notion.

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Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

Most people in my division work in capability development or centers of excellence designed to help operations centers improve their performance in logistics, customer service or production. It was taxing to report above the country level with this tool. This drove us to adopt a better strategic decision-support tool.

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Problem Solved: Boost Resilience with Supplier Diversity

Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group

Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. How bringing in fresh ideas and perspectives drives innovation and improves your bottom line.