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Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

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This Week in Logistics New (May 6 – 12)

Logistics Viewpoints

Chile has long been a hub of second-hand and unsold clothing, made in China or Bangladesh and passing through Europe, Asia or the United States before arriving in Chile, where it is resold around Latin America. Some 59,000 tons of clothing arrive each year at the Iquique port in the Alto Hospicio free zone in northern Chile.

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One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling & Logistics

billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons). From the wholesale manufacturers in Iowa to the farmers in Bangladesh, change is coming.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

In recent years, these complex supplier networks have posed difficult challenges for the purchasing teams that are charged with ensuring that goods are made at the right price, are delivered on time and meet the right ethical and quality standards. Procurement teams know that their brands are now in the spotlight.

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Still Don’t Know How Many Slaves Are In Your Supply Chain?

Talking Logistics

I asked that question almost three years ago following the collapse of a garment factory in Bangladesh that killed more than 1,100 workers and injured thousands of others. Based on recent reports, it appears that, three years later, the answer to that question remains the same: We don’t know. The system isn’t perfect.

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Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

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Alternatives to Blockchain in Supply Chain

Logichain Solutions

In recent years, supply chain visibility systems have become very advanced. There are many supply chain visibility systems on the market, but the foundation is critical. Traceability systems aggregate data from the end-to-end supply chain and help record, track and trace products, parts, and materials. As per a 2017 report by.