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China and the Digital Path to Purchase

Enterra Insights

The post China and the Digital Path to Purchase appeared first on Enterra Solutions. In the United States, you read a lot about the Amazon Effect and how it is driving the consumer digital … Continued.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. One of the more interesting is o9 Solutions. In January of 2022, Dallas-based o9 Solutions was valued at $2.7 A unicorn has a valuation of over $1 billion.

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3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

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Improved Supply Chain Visibility Requires an End-to-End Solutions

Logistics Viewpoints

While conditions have eased in North America, port congestion has gotten much worse in China. China accounts for about 12% of global trade. China’s stringent COVID lockdown in critical port cities has impacted global supply chains. I talked to Steve Dowse, the senior vice president of international solutions at FourKites.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

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Relieving Consumer Pain Points on the Digital Path to Purchase

Enterra Insights

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. times China, or 7.7 ”[5] Having goods on-hand, however, is only part of the solution to addressing consumer pain points. times India.”[4]

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.