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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

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Future of Procurement Study Available

Supply Chain View from the Field

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. i] Charles Babbage, On the Economy of Machinery and Manufacturers, 2nd ed.

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Supply Chain Matters News Capsule Follow-Up- February 24 2023

Supply Chain Matters

This update provides added developments related to aircraft manufacturer Boeing, and to current U.S. After deliveries were suspended for upwards of two years because of a series of quality and manufacturing process issues, Boeing has plans to ramp production to five per month in late 2023 and to 10 per month in the 2025/2026 timeframe.

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Boeing’s Financial Performance- External Pressures Increase

Supply Chain Matters

An exclusive report published last week by The Wall Street Journal (Paid subscription) reported that evidence suggests that Boeing workers removed the door plug of the subject aircraft to check for another issue, and the bolts to secure the door may not have been re-attached. The report further quotes a U.S.

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Prediction- Added Labor Activism Among Industry Supply Chains

Supply Chain Matters

According to reporting by The Wall Street Journal , that level of worker labor activism was nearly eight times the number of workers involved in 2021. Manufacturing Employment Impacts Across Europe and the United Kingdom , a significant period of production contraction has led to added manufacturing job losses.

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This Week in Logistics News (April 17-21, 2017)

Talking Logistics

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Well, it seems like a growing number of manufacturers are responding to this threat by buying cyber insurance.

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Five Foolproof Ways to Shorten the Cash Conversion Cycle

Precoro

The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers. The European Journal of Accounting, Auditing and Finance Research released a study showing that 51.2% All such businesses have a positive cash conversion cycle.