Arena Solutions

FEBRUARY 4, 2025

To mitigate risks, many companies are incorporating alternate parts into their sourcing strategy. Here, we highlight some of the obstacles with alternate parts sourcing and discuss key considerations to help streamline the process. 5 ESSENTIALS FOR SOURCING ALTERNATE COMPONENTS 1. Ensure parts originate from a trusted source.

Purchasing Skills 62

Purchasing Skills Manufacturing Procurement Sourcing Strategies Sourcing 62

Supply Chain Matters

APRIL 29, 2025

In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why. Much of this has to do with needs for deep integration and two way flow of data streams.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning Sourcing Strategies 52

AIMMS

NOVEMBER 9, 2020

Let’s explore them briefly in this blog post. The post IBP Scenario Modeling for Recovery, Restructuring and Resilience appeared first on AIMMS SC Blog. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Use case 1: Initial emergency response.

Modeling 406

Modeling Scenario Planning Optimization Modeling Modeling Software 406

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Cost Reduction Strategies 52

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Supply Chain Matters

APRIL 16, 2025

The following Supply Chain Matters multi-part guest commentary is authored by Michael Lamoureux who provides over 18 years of experience and observations and experience in procurement sourcing technology applications. Michael is the Editor-in-Chief of the Sourcing Innovation blog. We’ll explore each of these. Why is this?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 52

Logistics Viewpoints

APRIL 29, 2025

Fictiv’s Global Manufacturing Supply Chain brings together AI-driven technology workflows, a world-class global manufacturing network, and teams of local manufacturing experts to simplify sourcing for custom mechanical components. The deal is subject to customary closing conditions including regulatory approvals. .”

Manufacturing Procurement 165

Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software Manufacturing 165

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Optimal Sourcing 52

Freightos

APRIL 29, 2025

Christian Wilhelm April 30, 2025 Blog We’re excited to announce that SHIPSTA by Freightos is officially rebranding as Freightos Procure. With Freightos Procure, were now in a position to build true Procurement Intelligence by combining global market data with modern sourcing and decision-making processes.

Optimal Sourcing 156

Optimal Sourcing Procurement Meeting Sourcing Strategies 156

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

QAD

MAY 1, 2025

In todays complex and often volatile global environment, procurement leaders face mounting pressure to cut sourcing costs while navigating geopolitical instability, inflation, tariffs and talent shortages. The truth is, sourcing smarter isnt just about softwareits about strategy, support, and best practices.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Optimal Sourcing 52

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

Freightos

APRIL 23, 2025

April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Modeling 156

Freightos

APRIL 29, 2025

Ian Arroyo April 29, 2025 Blog As Freightos’ Chief Strategy Officer, I’ve had the privilege of witnessing firsthand how the logistics industry has transformed since COVID-19 disrupted supply chains worldwide. See How It Works The Future of Integrated Logistics As I look ahead, integration will become increasingly crucial.

Supply Chain Design Software 227

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 227

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Manufacturing Procurement Sourcing Strategies 52

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. “AI allows you to integrate real-time data from various sources, helping you devise more efficient delivery routes and schedules.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Shaman

JUNE 3, 2024

I could write a blog about each story, but let’s save that for coffee.) As I type this blog post, I face my flowers blooming in my backyard. In this blog, I give my thoughts on the fit of these approaches for value. Based on the current hype cycle, I am sure that this blog post will generate a lot of dialogue.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 369

AIMMS

JUNE 16, 2020

Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19. Evaluating Potential for Reshoring .

Modeling 361

Modeling Network Design Software Network Design Scenario Planning 361

SCMDOJO

DECEMBER 29, 2024

Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management.

Negotiating Skills 93

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 93

Logistics Viewpoints

AUGUST 18, 2021

Look no further that the blog of the Whitehouse Council of Economic Advisors for commentary on the connection between supply chains and inflation. These sources, and others, indicate acute supply constraints in certain areas, such as automotive, and other factors that appear to be more widespread, such as labor constraints. Final Word.

Supply Chain Disruption 336

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 336

Logistics Viewpoints

DECEMBER 14, 2023

Discover capability gaps and create sourcing events Seek and discover what capabilities the organization may be lacking, such as vulnerabilities or inefficiencies in transportation or supplier capacity. By identifying these gaps, you can create sourcing events to close them. <br>- Organize sourcing events to address gaps.

Supply Chain Design Software 326

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Modeling 326

ToolsGroup

JUNE 2, 2023

In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

AIMMS

AUGUST 3, 2020

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020).

Scenario Planning 398

Scenario Planning S&OP Modeling Supply and Demand 398

Supply Chain Shaman

SEPTEMBER 13, 2023

In a recent blog post, I was challenged by Anna. ” Anna, this blog post is for you. ” Anna, this blog post is for you. Go to the source. Set up a time for digital marketing teams, data scientists, sales account teams, and supply chain groups to brainstorm on using various data sources to improve the models.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Resilinc

JANUARY 23, 2025

To strengthen resiliency, companies invested in AI and machine learning, made strides to reduce dependency on single sourcing, and prioritized nearshoring and reshoring efforts. In this blog, we analyze Resilincs EventWatch AI data from 2024. Learn more in our blog: How Do Mergers and Acquisitions Impact Supply Chains?

Supply Chain Disruption 116

Supply Chain Disruption Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 116

Enterra Insights

APRIL 8, 2025

I will be writing more about this in future installments of this blog series. Batteries are sourced from South Korea and China. For example, the F-35 fighter jet contains parts sourced from various countries including the US, UK, Italy, Netherlands, Canada, Denmark, Norway, Australia, and Turkey.

Manufacturing Procurement 130

Manufacturing Procurement Fort Worth South Korea Sourcing Strategies 130

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility.

Supply Chain Planning Software 390

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 390

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain Shaman

APRIL 24, 2025

In this blog, I also make the argument that if you follow the Gartner Magic Quadrant direction, you may decrease the value of the firm. There is a need to actively make trade-offs across source, make, and deliver while aligning to a balanced scorecard. No planning technology today can do this.

Gartner 195

Gartner Supply Chain Planning Software Supply Chain Planning Scenario Planning 195

Supply Chain Shaman

MAY 21, 2024

The definitions are at the bottom of this blog. The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. Operating margin, inventory turns, and revenue/employee translates to over 50% of market capitalization based on the regression analysis. I welcome feedback.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

ToolsGroup

JUNE 29, 2020

In this blog we will share machine learning techniques that can produce fully-automated forecasts for new products. No effort required to set up (careful data sourcing and data preparation is fundamental). Machine learning (ML) provides an effective weapon for your new product forecasting arsenal. Overall reasonably accurate forecasts.

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

ToolsGroup

MAY 17, 2022

Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. Image source: Meme Generator. Image source: Cheezburger. For those with the luxury, that meant diving right into a chlorine-filled pool. It’s projected to register a compound annual growth rate (CAGR) of over 3.5%

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

BlueYonder

APRIL 17, 2025

Companies importing and exporting goods, be it finished retail products, manufacturing components or materials, now face substantial cost and price pressures that squeeze margins and force difficult pricing, sourcing, operations and distribution decisions. For example, you might source from a domestic supplier that doesnt incur a tariff.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Price Reduction Material Savings 85

ToolsGroup

FEBRUARY 4, 2025

Collaborate on POs and demand forecasts Real-time visibility into ASNs and shipping notices Real-time risk and issues detection with proactive alerting Supplier performance management Optimize Distribution Networks Network Design and Optimization : Reconfigure warehouse locations and logistics for regional or localized supply chains.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Create speed and transparency.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

BlueYonder

APRIL 8, 2025

The stakes are high, in previous blog posts New Tariffs Are Coming and The Pressures of Omni-Channel Fulfillment and Returns Are Growing. Today’s systems can predict disruptions in advance, automatically activate alternate sourcing and routing strategies, and facilitate supplier collaboration through the digital network.

Supply Chain Network Software 98

Supply Chain Network Software Supply Chain Planning Software Network Optimization Supply Chain Design Software 98

My Office Apps

OCTOBER 25, 2024

Order Management Complexities With orders coming from various sources—wholesalers, direct buyers, or online platforms—distributors face challenges in streamlining the order process. Stay tuned for our series of insightful blogs—your roadmap to exploring the full potential of ERP.

Supply Chain Software 98

Supply Chain Software Forecasting Software Optimization Software Optimal Sourcing 98