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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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Cognitive Technologies are Enhancing Customer Service

Enterra Insights

Cognitive Technologies and Customer Service. Haas and his colleagues explain, “For many companies, helping consumers make purchase decisions by delivering relevant content throughout the buying cycle is a top priority. Balkhi explains, “One great way that companies are using AI is by integrating it with their CRM software.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Fortunately, a solution exists. Conducting annual procurement exercises. Leveraging a web-based and constraint-based bidding tool, such as a transportation management system (TMS).

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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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Grocery Shopping and Inflation, Part One: Impact on Grocers

Enterra Insights

One of the least welcome consequences of supply chain snarls and labor shortages is rising inflation — and the food industry has been impacted like every other economic sector. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 In November, the U.S.