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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

Now, retailers can simulate “what-if” scenarios that reveal how different hypothetical tariff-driven cost increases could impact shoppers’ willingness to purchase upcoming SKUs at various price points, and which products’ margins will suffer most as costs fluctuate. He adds that it’s no wonder that only 15% of U.K.

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Selling Into the EU? Time to Start Preparing for the Digital Product Passport

Supply Chain Brain

Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As

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Survey: Consumers Are Reviewing Food Labels More Closely as Grocery Prices Rise

Supply Chain Brain

adults expect to pay more for food this summer compared to last summer due to inflation, and nearly half (47%) expect to pay the same, suggesting 80% report feeling no relief from high grocery prices. consumers, conducted for QR code company, GS1 US , found that 33% of U.S. The survey, released June 23, also found that U.S.

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What is Supply Chain Management? Importance & Benefits

QAD

Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. This integration of supply and demand requires a special mix of business operations, procurement, accounting, and production.

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Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Since graduating from the NC State Jenkins MBA program in 2006, Joydeep Ganguly has risen through the ranks at Biogen Idec – the world’s oldest independent biotechnology company and the largest biotech employer in North Carolina. I love data and analytics that create insights into processes and approaches.”

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Spend Analysis: Best Practices

Precoro

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

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Bipartisan Consensus on Chinese Threats: U.S. Must Build New Supply Chains with Allies

Resilinc

While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supply chains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. This is alarming.”. From ships to drones. It’s clear that the U.S. Sands pointed to the U.S.-Canada