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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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PRO-Fusion or CON-Fusion about Nuclear Energy

Enterra Insights

Journalist Matt Reynolds explains, “The AI boom has left technology companies scrambling for low-carbon sources of energy to power their data centers. Microsoft has signed a 20-year power-purchase agreement with Constellation.” and China as both countries chase an elusive energy source: fusion.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. Procurement’s Role Did Become More Important.

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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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The Saga of Spreadsheets- The Notions of Comforter

Supply Chain Matters

What has especially garnered my attention was a report published in The Wall Street Journal’s CIO Journal column , Sorry AI, Old-School Spreadsheets Are Still King. Paid subscription ) The essence of this report is that business organizations continue to rely on spreadsheets, and they are not moving away from the use of these tools.