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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

Retailers have faced a tough year in the last 12-18 months, and while recovery seems to be in progress, they still have some work to do. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Rethink What’s Normal. Decentralize Procurement.

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AWS solutions for use cases across public sector industries

AWS Public Sector

Retail Consumer expectations for personalized and seamless shopping journeys continue rising across retail channels. Fortunately, a multitude of use cases focused on computer vision and analytics are bringing new levels of customization and intelligence for retailers.

Retail 72
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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Balance supply chain risk and resilience with ROI. There are a few ways to balance supply chain risk and resilience with ROI: Diversification: One way to reduce risk is to diversify your supplier base so that you’re not relying on one supplier for all of your needs.

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Government Contracts Inflation Update

Procurement Notes

8] Additionally, “[t]he PPI program covers approximately 72 percent of the service sector’s output[.]” [9] The PPI focus is at the wholesale (not retail) level. The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.” [50]

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

Case in Point: A UK furniture retailer worked closely with its US timber supplier to identify ways to reduce costs, including adjusting order quantities and delivery schedules to optimise logistics. Implement Strategic Inventory Management Where feasible, stockpiling critical items before tariffs take effect can help manage costs.