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Supply Chain & Logistics News Round Up (October 7th-11th 2024)

Logistics Viewpoints

UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

They are no longer just vendors of goods and services. Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.

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The US FDA’s Phase-Out of Synthetic Food Dyes – Supply Chain Impacts & Challenges

Logistics Viewpoints

From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. I have been to other vendors’ procurement conferences and cannot recall seeing similar functionality.

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The AI Wars: Battlefronts, Breakthroughs, and the New Era of the Industrial AI (R)Evolution

Logistics Viewpoints

All supply chain vendors seek to position themselves as leaders in supply chain AI. AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. This puts pressure on other device manufacturers to follow suit.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience. Technology integration: Leveraging digital tools to enhance visibility and decision-making.