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How a Venture Capital Fund Manages Procurement for Eleven Companies with One Software

Precoro

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. There was no tracking system in place on the procurement nor on the finance side.

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This Week in Logistics News (July 15 – 21)

Logistics Viewpoints

The annual report from the non-profit group Women in Trucking measures the percentage of women represented in roles across the transportation industry, including corporate management, boards of directors, management and supervisory roles, as well as operations, technicians, human resources/talent management, safety, and professional drivers.

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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

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This Week in Logistics News (April 9 – 15)

Logistics Viewpoints

It also provides predictive analytics that can tell the restaurant more about what kind of coffee its customers enjoy and when. Vehicle inspections causing delays for trucks in Texas. According to recent reports, Walmart has increased the number of digital orders coming from its stores by 170 percent in the last year.

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The 2022 Chlorine Shortage: Another Year of Poolmageddon

ToolsGroup

Image source: Cape Analytics. Reports from Costco shoppers indicate that the same brand of chlorine tablets were $129.99 Apparently, customers purchased the same product for just $70 back in 2020. The staff traveled to six states and 15 cities back in 2021, on the hunt for pool supplies they couldn’t get in North Texas.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

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Documenting the Response of State Procurement Officers to the COVID Crisis

NC State SCRC

A number of the larger states were hit hardest early in the pandemic, including California, New York, Massachusetts, Texas, and Washington; many of the Mid West states didn’t feel the full wrath of the virus until later. 1] Simon J.