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Vendor vs. Supplier: how to Distinguish and Manage

Precoro

And is expected to double by 2026. For example, software vendors often sell software and support services to the end-user on behalf of large IT corporations. For example, one company can act as a vendor at the market but at the same time have producing capacities and manufacture its own goods to supply itself and other vendors.

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Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

Between the Carbon Border Adjustment Mechanism ( CBAM ) and the Corporate Sustainability Reporting Directive ( CSRD ), any large company that intends to conduct business in the European Union will be responsible for reporting on data that encapsulates environmental risk, procurement statistics, and supply chain impacts.

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Tectonic Shift: From Audits/Compliance to Due-diligence & Collaboration: Recap of the Forum on UK Modern Slavery

EcoVadis

140 procurement execs, human rights experts, analysts, NGO leaders gathered in London on May 4 last week to exchange on practices and discuss the potential impact, pitfalls and response strategies to UK Modern Slavery Act. The practice of extracting ‘recruitment fees’ from worker fees has become the “original sin”.

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Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022

The Logistics & Supply Chain Management Society

According to a Bloomberg article highlighting a September 2021 conference call with analysts, Chief Marketing Officer for FedEx, Brie Carere, shared that the parcel market is expected to grow 10% annually through 2026. For example, if your major carrier is high performing 90% of the time, what does the 10% they’re not doing well represent?

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Commercial Aircraft Industry Players Make Plans for 2023

Supply Chain Matters

Operational Plans The financial performance release clarified that the 737 program is stabilizing at a production rate at 31 aircraft per month with plans to ramp production to approximately 50 per month in the 2025/2026 timeframe. Boeing reiterated a plan to deliver between 400 to 450 of 737 MAX single aisle aircraft in 2023.

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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

From our lens, these deals represent examples of both supply network vertical integration along with supply network resiliency moves. based Albemarle providing upwards of 100,000 metric tons of battery grade lithium hydroxide to supply 3 million Ford EV batteries starting in 2026. These agreements include U.S.

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5 Reasons Why You Should Go for Paperless Warehousing

Vinculum

Traditionally warehouse was mainly thought as a storage location where items were procured from manufacturer and supplied to retail stores (mainly bulk operation) as end customer buy from stores. In the past we have seen various examples of how big brands like NOKIA have fallen, when they did not upgrade with industry. billion in 2018.