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Shoppers in the US are facing a fresh burst of pain in the produce aisle, with tomatoes, lettuce, berries and peppers among the items drawing attention for sharp price rises. Consumer price data published by the US Bureau of Labor Statistics shows tomatoes were about one-fifth more expensive in June…
The Rise of Supplier Relationship Management as a Business-Critical Competency in Today’s Volatile Supply Chain Landscape As global markets become increasingly turbulent and accelerate at a dizzying pace, organisations are under relentless pressure to adopt proactive strategies that offer a competitive edge and foster…
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A supplier selection process is one of the most important controls in procurement, because the wrong decision can create problems long after the contract is signed. A low quote and a persuasive presentation can conceal weak capacity, fragile finances, poor compliance, or unreliable delivery. By the time those faults surface,…
Volvo Group has been testing a proprietary digital token for supplier settlements in what appears to be a closed, permissioned blockchain environment, according to an interview published by the Cardano Foundation with Ivan Branco, who oversees information management, artificial intelligence and analytics for Volvo Group’s…
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View AllMidea Group and Hutchison Ports have agreed to broaden their co-operation over the next two years in a move that underscores how Chinese manufacturers are seeking tighter control over overseas logistics as global supply chains remain under pressure. The memorandum of understanding, announced at the Shenzhen Port Global Supply Chain…
Australia’s surface mining sector is placing far greater emphasis on reliability as operators reassess what really drives value across a mine site. For years, purchasing decisions in mining were often dominated by headline price and replacement timing. Increasingly, however, companies are looking beyond the initial…
