article thumbnail

Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain. Generative AI Chat Functionality in Demand AI Learn more about DemandAI+ in this demo.

article thumbnail

Strategy. Strategy. Wherefore Art Thou Strategy?

Supply Chain Shaman

In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy. The operating strategy–a major part of the supply chain strategy–flows from the business strategy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Cost-Cutting Strategies LogiNext’s Supply Chain Visibility Software Can Offer for Your CEP Business 

Loginext

Learn six key strategies to cut costs, improve delivery efficiency, and boost customer satisfaction through real-time tracking, optimized routes, automation, and end-to-end visibility. Discover how business can optimize their CEP operations using LogiNext's supply chain visibility software.

article thumbnail

3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs

The Network Effect

The post 3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs appeared first on The Network Effect.

article thumbnail

The Digital Levers You Need to Achieve Sustainable Cost Reduction

For supply chain and procurement pros, cost reduction is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.

article thumbnail

Navigating the Journey from Cost to Value

Supply Chain Shaman

This morning, I want to tell you the story of a supply chain leader’s journey from focusing on cost to understanding value. The traditional supply chain leader focuses on reducing costs. The focus on a marketing-driven strategies and IT standardization. A focus on costs by supply chain in a self-serving agenda.

article thumbnail

4 Practical Ways To Reduce Freight Costs in Logistics

4WL Consulting

An interesting fact to start us offdid you know that transportation costs account for about 50% of total logistics costs ? It’s a significant chunk of change, making the task to reduce freight costs an absolute priority for any logistics and supply chain management firm.

article thumbnail

Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations?

article thumbnail

Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

article thumbnail

Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability

Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.

article thumbnail

The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.

article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.

article thumbnail

Best Practices for Accelerating the Sales Process

More often than not, sales leaders strive to accelerate their deal cycle, but it’s critical to also consider the opportunity cost. This eBook takes a look at three headache-free strategies you can employ today to accelerate selling the right way. Efficient outreach strategy. What's covered: Targeted prospecting.

article thumbnail

A Proven Guide to Recruiting Passive Candidates

At some point in your role as a recruiter - perhaps more frequently than not - you'll need to fill a position quickly and you'll look for active recruitment strategies to do it. However, it's not efficient or cost-effective to be in the active recruitment mode all the time.

article thumbnail

Digital Transformation: Why You Can’t Afford to Wait

All technology strategies must address short-term concerns, but should also empower companies to build agility, resiliency, and better sensing so they can respond more quickly today, and even preempt disruptions tomorrow. This playbook offers manufacturers a realistic and viable guide to balancing immediate needs with future-focused strategy.