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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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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

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What Does the Future Look Like for Online Grocery?

Enterra Insights

One such behavior was a notable increase in online grocery purchases. They reported, “The rapid migration of consumers to e-commerce channels during the pandemic has plateaued. ” Unfortunately, inflation hit the grocery sector hard and it affected online grocery purchases. In May 2023, e-commerce stood at 7.2

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Ensuring Compliance with the EU Carbon Border Adjustment Mechanism

Exiger Perspectives

Firms are not only required to provide accurate carbon emissions data and rethink supplier engagement but also to contend with the potential financial and supply chain roadblocks from noncompliance and higher costs. Pilot product importers must calculate and report emissions.

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PRO-Fusion or CON-Fusion about Nuclear Energy

Enterra Insights

The International Energy Agency estimates that electricity demand from AI, data centers, and crypto could more than double by 2026. Microsoft has signed a 20-year power-purchase agreement with Constellation.” She reported, “Google will back the construction of seven small nuclear-power reactors in the U.S.,

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How Bukalapak is Leading Indonesia’s E-commerce Growth With Last-Mile Technology Solutions

Locus

The IDC Digital payments report of 2021 stated that the SEA region had more than 222 million e-commerce users and is expected to grow to around 411 million users by 2025, an 85% growth rate in e-commerce for this region in the next three to four years. Watch the Webinar. Rise in e-commerce users and volume.

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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

trillion by 2026, surpassing the current GDP of all European Union member states combined. BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores.