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Commentary
5 Top Contract Management Strategies
The pandemic brought a surge in suppliers invoking force majeure clauses in their contracts. Force majeure removes liability for unforeseeable and unavoidable catastrophes that interrupt the expected course of events and prevent participants from fulfilling obligations. Buyers, as well as suppliers, understood that the extreme circumstances surrounding the pandemic warranted it.
Read MoreDynamic Freight Pricing Done Right
Modern shippers rely exceedingly on transportation management system (TMS) solutions for several reasons. Staying competitive while curtailing distribution cost tops the list. Supply chains are also more complex, and the need for TMS and efficient freight pricing solutions is being felt more than ever.
Read More5 Ways to Mitigate SaaS App Risk
The popularity of SaaS apps has skyrocketed, with users having tens of thousands of options from both reputable companies and private developers. Many of these apps, however, contain vulnerabilities or suffer from complex misconfigurations, turning them into a potential Achilles heel for supply chain attacks.
Read MoreHow to Find and Retain Skilled Workers
As demand for faster order fulfillment grows, attracting and retaining top logistics talent becomes increasingly essential. Despite the talent shortage, there are strategies you can employ to secure skilled workers and ensure a thriving workforce for the future.
Read MoreAutomakers Shift to Smart Supply Chains
Although the pandemic may be over, auto suppliers and original equipment manufacturers (OEMs) are still grappling with supply chain issues such as concern over net-zero promises, the growing EV market, geopolitical conflicts, evolving trade agreements, natural disasters, and high interest rates deterring shoppers.
Read MoreHow a Strategic Expedite Plan Can Save the Aerospace Industry $60 Billion
Incorporating an expedite strategy can save the aerospace industry billions of dollars in lost time, labor impact, mechanical errors, and passenger chaos.
Read MoreGOOD QUESTION: True or False? Managing Supply Chains Is More Challenging Than Ever
Is supply chain management the toughest it has ever been? Or are tech tools so advanced they’re alleviating the uncertainty and guarding against disruptions? Industry insiders have a lot to say.
Read MoreWhat’s the Key to Reaching Net Zero? Data Collection
Brands can reach their carbon goals by working better with suppliers. Let’s stop bombarding them with requests for information and instead encourage them to participate.
Read MoreNext Year? AI is a Retailer’s Lifeline
Retailers faced a broad array of challenges this past year. What will they face next year? Does it really matter?
Read MoreMyth-busting AI in the Supply Chain
Over the past decade, supply chains have undergone a substantial digital transformation. One of the most significant factors driving this change has been the integration of artificial intelligence (AI) and automation technologies. As these technologies have become more prominent, however, so too have misconceptions about their impact on supply chain and logistics operations.
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