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5 Topics U.S. Procurement Professionals Are Talking About On Social Media Right Now

As you know, social media runs rings around traditional media in terms of early access to news, unadulterated commentary from all levels of the workforce, and providing an interactive forum for discussing, rather than just reading about, the biggest issues facing our profession.

THOMASNET.com reached out to Procurious, the world's first online business network for procurement and supply chain professionals, to provide a snapshot of the five biggest topics being discussed on social media by procurement professionals in the U.S. this month. This is the first of a series of articles bringing you the word straight from the community itself.

From enduring themes such as risk management to disruptive events such as Brexit, this list will give you an idea of what CPOs and their teams are discussing on social media.

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Video: A New And Improved Corvette For A New Generation

The decade-old rumor of a new and improved Corvette is finally coming to fruition. A sleeker model of the classic American sports car will come out as early as 2018. The dramatically changed car will have a mid-engine design, allowing better handling and responsiveness and more flexibility while incorporating a potential plug-in hybrid powertrain or all-wheel drive. 

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Manufacturing Industry Jobs Update: July 2016

At THOMASNET.com, we are big champions of American manufacturing and reshoring. In fact, we work with suppliers who produce amazing made in America products every day, and we play an instrumental role in helping small- and medium-sized suppliers grow.

But how can we measure growth for the industry overall? A good barometer is the state of the manufacturing workforce. That’s why we will be regularly diving deep into the latest information from the Bureau Of Labor Statistics to take the pulse of hiring in the industry and to highlight sectors that are growing.

Here is our Manufacturing Industry Jobs Update for July 2016:

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Dial Into Your Phone Calls When Measuring Industrial Marketing ROI

When it comes to measuring the return on investment (ROI) of your marketing activities, it’s essential that you’re actually measuring all of it. Thanks to the increasing prevalence of digital marketing, most marketers look at things like clicks, open rates and conversions. But if you’re like many industrial suppliers, you could be overlooking an essential piece of the marketing metrics puzzle – phone inquiries.

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Video: U-Loop Could Let You Travel At Record Speeds

Are you sick of waiting in traffic while traveling this summer? With the latest hyperloop technology, long travel times may become a thing of the past.

A team of researchers in South Korea are currently working on a new form of futuristic transportation called the "U-Loop Project,” which could allow you to go 200 miles in 16 minutes flat.

Want to learn more about this technology? Industrial Equipment News has all of the details.  

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Build Stronger Supply Chain Relationships With SMBs

Small- and medium-sized businesses (SMBs) are an essential and valuable part of the supply chain, offering levels of flexibility, cost competitiveness and responsiveness that larger suppliers often can't match.

However, while procurement teams want to engage SMBs, the feeling isn't always mutual. That's because larger buying organizations make it onerous for these smaller companies to participate in the bidding process. As a result, SMBs believe it takes too much time, effort and guesswork to respond to large buyers, all for a very slim chance of ultimately winning the business

So what's causing this disconnect, and how can procurement teams overcome it in order to build better relationships with SMBs? We spoke with multiple media outlets to lend our perspective and insight on the issue. Check out the coverage below, or download our Top 4 Tips For Working With SMBs for our recommendations. 

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5 Supply Chain Lessons We Can Learn From The Summer Games In Rio

More than 10,500 athletes from 200 countries will compete in front of the cameras at the Summer Games in Rio. But those numbers pale in comparison to what’s going on behind the scenes, where two warehouses spanning 105,000 square meters will store more than 30 million items. These items include 10,000 smartphones, 54 boats, 32,000 tennis balls, 250 golf carts and 70,000 tables. Making it all possible is a team of almost 7,000 employees and 70,000 volunteers who will handle everything from registering and recording the arrival of the goods to organizing their final delivery.

Clearly, the games are not just a showcase for athletic performance, they’re a showcase for logistics performance as well. To ensure everything goes smoothly, the organizing committee in Rio identified five pillars for their supply chain. Learn more about these strategies and how you can apply them to your own supply chain.

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4 Documents That Could Help You Win More Contracts

There’s no magic combination of things that will guarantee your business wins a contract bid, but there are some documents that many consider necessary to include with your bid. The important documents below may help you win contracts if you prepare them correctly.

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Video: Brew Up Your Own Craft Beer At Home

You can now bring the bar to your house with the latest technology from Australia’s Coopers Brewery and their BrewArt offering. With the use of two pieces of equipment and your smartphone, you make your make favorite craft beers in the privacy of your own home.

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