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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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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).

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The Digital Path to Purchase is Difficult to Model

Enterra Insights

. … The funnel is typically seen as four categories that move from a broadening group of people (cold leads) to a smaller, more targeted and closer to purchase group of people (hot leads).”[1] Such disagreements underscore the fact that the digital path to purchase is hard to model because consumers can jump on or off the path at given point.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Fortunately, a solution exists.

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Grocery Shopping and Inflation, Part One: Impact on Grocers

Enterra Insights

Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[4] For some necessities in high demand, grocers have placed a limit on the number of items consumers can purchase at any one time. ”[1] His prediction proved accurate. In November, the U.S.

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Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

Last week both Bloomberg and The Wall Street Journal reported the departure of yet another senior manufacturing executive at Rivian Automotive as well as an overall reorganization. The Wall Street Journal reported that Tim Fallon, the existing Vice President of Manufacturing will remain in that role. . Rivian Automotive.

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Will the Economy Make this a Christ-‘meh’ Season?

Enterra Insights

”[10] In addition to shopping early, Bailey indicates that more moms are going to be taking the digital path to purchase. ” Enterra Solutions ® is helping clients navigate these rough seas with the Enterra Revenue Growth Intelligence System ( ERGIS ), powered by the Enterra Autonomous Decision Science platform.