Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.

Manufacturing Procurement 292

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 292

Supply Chain Shaman

JANUARY 7, 2025

” Traditional planning models optimize functional processes to improve cost and customer service. The problem is that the reduction of costs within one function does not necessarily drive value. I think the rewiring starts with the education of the executive team, and that process should follow strategy.

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

Logistics Viewpoints

APRIL 14, 2025

The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.

Optimal Sourcing 245

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 245

ivalua

JUNE 12, 2025

If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

SCMDOJO

APRIL 24, 2025

Excess inventory weighs down supply chains. These inefficiencies inflate costs and slow response times when customer needs change. By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Warehousing becomes a sunk cost.

Waste Reduction 98

Waste Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 98

ToolsGroup

MARCH 31, 2025

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

ToolsGroup

MARCH 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

ivalua

JULY 3, 2025

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Both focus on improving efficiency and reducing costs but differ in their strategic approach and impact on the core business operations. Find Out More What Is Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 130

Logistics Viewpoints

JUNE 25, 2025

Planners are uniquely positioned with an end-to-end focus, from procurement of materials, through manufacturing and engineering, to the movement, storage, and delivery of finished products or services. Supply chain professionals use various tools, including supply chain modeling, inventory management, and forecasting.

Supply Chain Planning Software 282

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 282

ivalua

MAY 10, 2025

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

Logistics Viewpoints

APRIL 23, 2025

Supply chain managers will need to assess supplier capacity, evaluate long-term sourcing contracts, and consider geographic diversification to reduce risk associated with seasonality and regional sourcing limitations. Companies may need to revise inventory strategies and adjust procurement lead times accordingly.

Manufacturing Procurement 200

Manufacturing Procurement West Virginia Food Sourcing Strategies 200

Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Functional Metrics and the Lack of Alignment to Strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

ivalua

MAY 29, 2025

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Logistics Viewpoints

JULY 10, 2025

Others had already pressure-tested their supply chain strategies for moments like this. Scenario modeling, running what-if simulations to stress-test sourcing, pricing, and inventory decisions, has become a cornerstone of supply chain strategy. When the latest wave of U.S. tariffs hit, some companies scrambled. They’re the norm.

Modeling 275

Modeling Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 275

Logistics Viewpoints

MARCH 12, 2025

Traditional contracts rely on manual verification, third-party intermediaries, and complex legal frameworks, leading to delays, disputes, and increased costs. Intermediary costs Third-party auditors, banks, and brokers drive up expenses. Lost goods, fraud, and counterfeiting cost businesses billions of dollars annually.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Negotiating Skills 285

Logistics Viewpoints

JANUARY 6, 2025

For example, the application sends three auto reminders to a buyer if a PO they cut does not have a corresponding purchase order confirmation associated with it. But the chief procurement officer has been made aware of the 10% of suppliers not participating. Molex has also used the tool to reduce supplier lead times.

Supply Chain Transformation 299

Supply Chain Transformation Supply Chain Software Purchasing Training Buyer Training 299

ivalua

JULY 21, 2025

A Procurement System refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. Best-of-breed solutions often specialize in specific aspects of procurement, while full-suite solutions seamlessly automate multiple process steps.

Procurement Solutions 100

Procurement Solutions Supply Chain Design Software Analytics Software Supply Chain Planning Software 100

Logistics Viewpoints

MAY 1, 2025

Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. Predictive and prescriptive AI addresses use cases like inventory optimization, asset health predictions, yield optimization, and financial forecasting. Key features include Multi-tier Mapping and Trace Request.

Prescriptive Analytics Software 223

Prescriptive Analytics Software Optimal Sourcing Material Savings Predictive Analytics Software 223

Supply Chain Brain

JULY 1, 2025

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. The company says its new approach uses agentic AI to transform consumer feedback into profitable retail growth strategies. AI can help.

Price Reduction 87

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 87

Arena Solutions

JULY 10, 2025

To thrive in this volatile environment, manufacturers must adopt proactive supply chain risk management (SCRM) strategies and embrace modern technology. This includes modular designs, flexible manufacturing processes, and interchangeable components that reduce dependency on single sources. These strategies are not one-size-fits-all.

Inventory Reduction 67

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 67

Enchange Supply Chain Consultancy

JUNE 10, 2025

Now for the Do’s & Don’ts In the dynamic world of FMCG, your Route to Market (RTM) strategy and distributor partnerships can make or break your brand’s success. Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. Ensure margins are fair and sustainable.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

ModusLink Corporation

JANUARY 30, 2025

A data-driven, holistic approach is essential to ensure that organizations stay agile, cost-effective, and resilient during times of uncertainty. In this blog, well explore key strategies to enhance supply chain resilience and highlight how services like those offered by ModusLink can help businesses navigate these challenges effectively.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

Supply Chain Game Changer

JULY 3, 2025

This can damage your reputation and reduce sales. Below are a few other ways to help you reduce lead times. Here are some strategies for effective collaboration: Supplier relationship management (SRM): Establishing a strong SRM process fosters open communication and transparency between the business and its suppliers.

Inventory Reduction 59

Inventory Reduction Waste Reduction Vendor Strategies Cost Reduction Strategies 59

RFgen

DECEMBER 19, 2024

Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Understanding Scaling Manufacturing The manufacturing business relies on scalability to increase production output efficiently without a proportional increase in costs.

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Data analytics also offers actionable insights for: Inventory Management: See stock levels across multiple locations in real-time. Ready to get started? Let’s dive in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Supply Chain Game Changer

JULY 18, 2025

The business that is selling either raw materials or processed goods has to deal with inventory management. Category management is one strategy that allows the managers or the owners of the business to keep their costs low and inventory in check. The post Why Your Business Needs a Category Management Strategy!

Material Savings 90

Material Savings Vendor Strategies Inventory Reduction Cost Reduction Strategies 90

Enterra Insights

DECEMBER 17, 2024

Assumptions arent enough to know how a supply chain incurs costs and earns revenues. That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. ” Inventory optimization. The answer: One bite at a time, of course! ” Logistics optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Brain

JULY 17, 2025

AI has the potential to truly eliminate these boundaries by integrating departmental workflows. AI also improves the efficiency and cost-effectiveness of supply chain operations, both in terms of automating processes, and finding ways to refine pricing strategies and take advantage of forecast trends. And the cherry on top?

Sourcing Strategies 69

Sourcing Strategies Inventory Reduction Resource Reduction Vendor Strategies 69

Supply Chain Game Changer

JULY 24, 2025

Professionals can stay in their roles while learning how to reshape inventory flow, vendor performance, and forecasting. As a result, the degree plays a growing role in boosting cost efficiency and visibility across supply chains. Not only does it reduce waste, but it also helps companies remain competitive when margins are tight.

Vendor Strategies 61

Vendor Strategies Waste Reduction Inventory Reduction Sourcing Strategies 61

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Supply Chain Shaman

JUNE 17, 2025

This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing. When we measure the bullwhip impact (in my class on outside-in process thinking), the bullwhip between manufacturing and procurement is 2-3X. The use of outside-in signals can reduce it by 40-60%. Most likely.)

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

ThroughPut

APRIL 4, 2025

In today’s fast-paced industrial landscape, managing spare parts and MRO (Maintenance, Repair, and Operations) inventory is more than just keeping shelves stocked. It’s about strategic optimizationensuring availability while minimizing waste and costs. Improve cash flow by reducing capital tied up in inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

JUNE 10, 2025

In May, the total number of job cuts in the US were 696,309 – an increase of 80% from the 385,859 jobs cut in the first five months of 2024. During the first week of June 2025, job cuts continued with 90,000 layoffs with iconic brands like Kimberly-Clark (1500-1900), Microsoft (6,000), P&G (7000), and Wal-Mart (1,500).

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Waste Reduction 221

Supply Chain Shaman

JUNE 26, 2025

They never leveraged their point-of-sale data to detect market shifts, and the supply chain organization prioritized cost reduction. On our second priority, we delivered another strong year of industry-leading productivity, with holistic margin management cost savings of 5% of the cost of goods sold. Why would I do this?

Material Savings 221

Material Savings Waste Reduction Cost Reduction Strategies Price Reduction 221

Supply Chain Game Changer

JUNE 18, 2025

Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics. It must address various demands, including indirect procurement requests, project and manufacturing requirements, and external customer demands.

Waste Reduction 59

Waste Reduction Inventory Reduction Cost Reduction Strategies Sourcing Strategies 59