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Procurement Compliance Explained: Examples, Challenges, and Best Practices

Precoro

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

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Editor’s Choice: What Supply Chains Must Overcome to Deliver on the Consumer Promise

Logistics Viewpoints

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” The same “If” statement was repeated for a host of financial and operational metrics.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

I find no agency or entity trying to find a holistic solution to global logistics. Pandemic demand for goods, and the shifts from a service economy, increased volume in southern California ports where 40% of ocean carriers unload for entry into the United States. The supply chain can handle cost increases more easily than variability.

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Top Suppliers of Transportation Execution and Visibility

Logistics Viewpoints

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.

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China Announces Export Controls on Five Critical Minerals

Exiger Perspectives

Mineral Uses Tungsten Artillery shells, armor plating, cutting tools, engine parts, airplane balancing weights. Tellurium Solar panels, thermoelectric devices, infrared optics, steel alloys, and rechargeable batteries. Bismuth Medical treatments, lead-free solder, cosmetics, flame retardants, and ammunition.

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Is Apple Supply Chain Really the No. 1? A Case Study

Supply Chain Opz

Without a doubt, Apple Inc is the world leader in Innovation, Branding and Software Ecosystem. 1) Apples Supply Chain Model. Annual Report (SEC Filing) is analyzed and simplified supply chain processes are constructed as below, Supply Chain Planning at Apple Inc. The above information is also from annual report.

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This Week in Logistics News (April 20 – 26)

Logistics Viewpoints

Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. For several years now, the e-commerce giant has been developing what it describes as a “multimodal AI model” called the Package Decision Engine.