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Group Purchasing Organizations: Principle of Work, Pros, and Cons

Precoro

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

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The 2022 Chlorine Shortage: Another Year of Poolmageddon

ToolsGroup

Image source: Cape Analytics. between 2021 and 2026.The Reports from Costco shoppers indicate that the same brand of chlorine tablets were $129.99 Apparently, customers purchased the same product for just $70 back in 2020. Back in 2020, the world’s chlorine market was valued at around 99 million tons. The result?

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This Week in Logistics News (February 18 – 24)

Logistics Viewpoints

Earlier this week, Target said it will spend $100 million to build a larger network of supply chain hubs to speed up and lower the cost of delivering online orders. The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. .” And now on to this week’s logistics news.

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The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

According to a report by Accenture, 83% of consumers prefer to buy from companies that are transparent about their supply chain practices, and 72% of consumers are willing to pay a premium for products that are ethically and sustainably sourced.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. The future robotics market looks strong worldwide as many sectors seek answers to labor shortages, the Interact Analysis report said. s CargoNet.

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Three Strategies for Optimizing Your Results in “Returnuary”

BlueYonder

First, they might discourage shoppers from making a purchase, since over two-thirds of consumers say theyre deterred by strict return policies. According to the National Retail Federation (NRF), 67% of shoppers report that a negative return experience would keep them from shopping with a specific retailer in the future.

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Southwest Airlines’ Flight Path to Carbon Neutrality

Logistics Viewpoints

Southwest has signed an agreement with Velocys to purchase 219 million gallons of SAF at a fixed price, over a fifteen-year term. Velocys is building a new biorefinery in Mississippi that is scheduled to begin commercial delivery of fuel in 2026. But currently their most important partner is Velocys.