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ARC Advisory Group Releases Supplier Selection Guide

The ARC Advisory Group has released a Global Service Provider guide to supplier selection.

Collaborative Purchasing Is an Idea Whose Time Is Now

As businesses and governments implement cost-cutting and other efficiencies to help them recover from the deep recession, now is the time to consider collaborative purchasing as both a short- and long-term strategy to cut costs.

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Balancing the Supplier Relationship

Analyst Insight: In recent years, due to the changing and challenging global economy, there has been much talk about the need to balance natural competitive pressures with collaborative engagement across the supply base. The trick, of course, is how to do both things - competition and collaboration - effectively. I believe it starts with trust. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions

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Rethinking Supplier Relationship Management

Analyst Insight: The increasingly hyper-competitive supply chain landscape requires a reassessment of "old" supplier relationships and a paradigm shift. Executives are scrutinizing old business practices, especially those related to supplier management. Manufacturers are reassessing outsourcing engagements and bringing many of them back in-house (termed "backsourcing" or "reshoring") given that many of the original reasons for outsourcing have changed. Increased supplier segmentation will force a reassessment of supplier governance, with leading companies having segmented supplier management strategies. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University

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Aspen Technology Issues New Version of Process-Optimization Software

Aspen Technology Inc., a vendor of software and services for the process industries, has released an update to its aspenONE suite.

Want to Achieve Compliance? Make it Easy and Worthwhile for the End User

Analyst Insight: Spend under management and compliance rates are considered key metrics to measure the success of almost any spend management program. Companies that try to achieve those by fiat alone will invariably fall short of their goals. Purchasing organizations are much more likely to succeed if they provide tools and systems that actually make the lives of their business users (the ones who make the purchase decisions) easier, rather than simply piling on more administrative work for the end user. - Bill McBeath, Chief Research Officer, ChainLink Research

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Use of RFID at Item Level in Retail Expected to Greatly Rise in 2013

Walmart, Macy's, JCPenny, Marks & Spencer, FaÃ§onnable, American Apparel, and others are implementing item-level RFID in a big way. Last year, well over one billion apparel items were tagged. That number is expected to rise substantially this year.

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50 Percent of UK Businesses Vet Suppliers for Bribery Act Compliance

A study that polled procurement managers and directors from a range of firms across the UK found that while mid-market firms are often less likely to have robust processes and systems in place to counter bribery risk, companies at both ends of the spectrum appeared complacent when it came to vetting their suppliers for compliance with the Bribery Act.

Sales & Operations Is Only the Tip of the Iceberg

Analyst Insight: For the past 30 years, sales and operations planning (S&OP) has been espoused by the Oliver Wight organization based on its founder's concepts. It has manifested itself to include inventory (SIOP) and has morphed into integrated business planning (IBP). However, only within the last five years, has it been heralded and crossed the chasm to mainstream business practice. We think it may only be the tip of the iceberg though, not the core solution to step-change improved performance. - Rich Sherman, Supply Chain Discipline Expert at Trissential

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Closing the Supply Chain Door After the Horse Has Bolted

Recent issues in the European food supply have resulted in supply chains making the news for all the wrong reasons. Consumers have been shocked at revelations that products labeled as beef also contained significant quantities of horsemeat, up to 100 percent in some cases. More than a month after the Food Safety Authority in Ireland published its findings of traces of horse DNA in burgers, we are still seeing daily announcements of new product withdrawals by retailers across Europe.

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Small, Mid-sized Manufacturers Project Strong Revenues for 2013

Small and mid-sized manufacturers are optimistic about revenues as spring approaches, and plan to retain or even grow their labor forces, according to buying consortium Prime Advantage's 11th semi-annual Group Outlook Survey.

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Walmart Fights Logistical Problem of Keeping Shelves Stocked

Walmart, already struggling to woo shoppers constrained by higher taxes, is "getting worse" at keeping shelves stocked, the retailer's U.S. chief told executives, according to minutes of an officers' meeting obtained by Bloomberg News.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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