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How procurement can create advantage in a post-volatility world

Proxima

So, what does this all mean for procurement? Procurement leaders should be conscious of the short-term environment, but it’s also their role to look at what might be a further down the road and think strategically about how their work is aligning with long-term business priorities. Let’s start with the short-term.

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Commodity Prices Soar as Risks of Major War Footing Increase

Supply Chain Matters

In this Supply Chain Matters Product Demand and Supply Network Perspective we reference a published Bloomberg report addressing how the ongoing Russia-Ukraine conflict is impacting commodity and materials planning and supply concerns.

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Precoro's response to Russia's invasion of Ukraine

Precoro

In the first weeks of the invasion, Precoro issued a statement in which we shared our position on the war and our determination to support Ukraine. Our hearts and minds are with our Ukrainian team members, their families, and the brave people of free Ukraine. service availability benchmark. The new EU office will do just that.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Ukraine supplies approximately 50% of the world’s neon gas. In response to the Ukraine invasion, Europe’s wholesale gas price surged by 69%. Wall Street Journal ).

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Modern Ways Technology Provides Transportation Management & Freight Spend Visibility

Intelligent Audit

COVID-19, the war in Ukraine, and inflation provide modern examples of largescale factors outside of a company’s control that impact its supply chain and transportation spend. A freight spend analysis should cover procurement costs and utilize technology to collect transportation data.

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Sustainability and the Supply Chain

Enterra Insights

That level of cuts would require a massive and rapid shift in the world’s energy supply that is under way in some countries, but has been stifled by the war in Ukraine, the global energy crisis and thirst for economic growth in countries like China and India. degrees Celsius over preindustrial levels. ” • Capture Pertinent Data.

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The Definitive Guide to Cost Savings

Precoro

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. How many employees are involved in the procure-to-pay cycle?