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This Week in Logistics News (June 23-27, 2014)

Talking Logistics

So it gives me great pleasure to say, that with the next pick in the 2014 NBA Draft, the NBA selects Isaiah Austin from Baylor University.”. April 2014 North American Freight Numbers. Several reports have been published in recent years underscoring the growing importance of supply chain risk management.

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Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

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What Is Old Is New Again. Maybe, Just Maybe, the Emperor Is Getting Some Clothes.

Supply Chain Shaman

In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.

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Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$.

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Biggest Challenges Being Faced In Procurement Today

CormSquare

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. Cost Reduction. Unsurprisingly, number one on the list is Cost Reduction.

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Evolution of B2B Networks

Supply Chain Shaman

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In 2014 Thoma Bravo acquired GHX, a Supply Chain Operating Network for healthcare. In 2014 OpenText acquired GXS. Together, we built this model.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

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