ToolsGroup

MAY 8, 2025

According to Gartner , early stages of S&OP maturity often lack formal processes, metrics, and cross-functional participation. It connects strategy and execution with features built for modern supply chains: 1. Most S&OP efforts break down due to disconnected systems, siloed data, and a lack of cross-functional engagement.

Inventory Reduction 156

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Planning Software 156

Logistics Viewpoints

JANUARY 15, 2025

From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Optimal Sourcing 298

Logistics Viewpoints

APRIL 30, 2025

A lack of standardized ESG metrics across industries and regions makes it challenging to consistently evaluate and compare supplier performance. Cost pressures can complicate ESG efforts. Suppliers that meet higher sustainability standards may charge more, putting tension between cost optimization and sustainability goals.

Supply Chain Design Software 245

Supply Chain Design Software Optimal Sourcing Sustainability Resource Reduction 245

Logistics Viewpoints

NOVEMBER 6, 2024

This integrated approach enables Summit to reduce idle time and fuel wastage, aligning with its goal of net-zero emissions by 2050. ORION has proven essential in reducing travel distances, as well as cutting down on greenhouse gas emissions associated with unnecessary mileage.

Supply Chain Planning Software 297

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Optimization Software 297

Logistics Viewpoints

OCTOBER 28, 2024

Further, while 88% of supply chain executives report that their organization’s supply chain plays a vital role in enhancing the customer experience, their colleagues in the C-suite overwhelmingly (88%) view the supply chain function as a cost center. net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 287

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 287

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. For example, a cost improvement in one function could raise the costs in another. Error is error, but is it the most important metric? What Drives Value?

Procurement Analytics 394

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 394

Supply Chain Shaman

DECEMBER 13, 2021

Yes, a time when well-meaning supply chain leaders share their strategy decks for the upcoming year and ask me for an opinion. How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? It is that time of year. The reason? Most because they are stuck.

Cost Reduction Strategies 415

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 415

Supply Chain Shaman

FEBRUARY 4, 2025

Functional Metrics and the Lack of Alignment to Strategy. Few companies are clear on the number of supply chains they operate, design the rhythms and cycles of each, and align metrics to the strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin.

Supply Chain Design Software 222

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 222

ToolsGroup

MARCH 11, 2025

Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand forecasting technology requires a strategic approach that clearly demonstrates value.

Forecasting 156

Forecasting Inventory Reduction Forecasting Software Price Reduction 156

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. This gives them advance warning so they can adjust their purchasing strategies. Here are the topics we’ll cover at a glance : What is AI in procurement?

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Supply Chain Shaman

NOVEMBER 21, 2024

” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Yawn and walk on if the answer is i mproving demand error or reducing inventory levels. Did you know that improvement in the supply chain drives 50-70% of this value metric?

Supply Chain Planning Software 397

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 397

Logistics Viewpoints

MAY 14, 2025

This doesnt eliminate those systems, it organizes the data they produce. This reduces reliance on manual tracking or last-minute phone calls. Orchestration tools help keep everyone working from the same information, reducing the chance of miscommunication between departments or suppliers.

Supply Chain Planning Software 286

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 286

ToolsGroup

APRIL 7, 2025

Effective inventory optimization directly impacts customer satisfaction, loyalty, operational costs, and waste reduction making it a critical business function in todays volatile market. End-to-end integration : Evaluates multiple demand scenarios to position inventory in the most cost-effective manner possible.

Inventory Reduction 156

Inventory Reduction Modeling Optimization Software Supply Chain Optimization 156

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 Sourcing Strategies Resource Reduction Inventory Reduction 92

Logistics Viewpoints

MAY 11, 2025

vehicle imports remains in place, though discussions on reducing it are ongoing. Steel and Aluminum The agreement eliminates the 25% tariffs previously applied to UK steel and aluminum exports to the U.S. beef from 1,000 to 13,000 metric tons , removing the 20% tariff within that limit. The UKs current 10% tariff on U.S.

Negotiating Skills 155

Negotiating Skills Pharmaceutical Cost Reduction Strategies Price Reduction 155

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. This strategy enables companies to achieve four critical objectives: Unlock value trapped in the supply network that is due to poor data quality and communication. The Downfall of Enterprise-Centric Technology.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

Freightos

APRIL 23, 2025

billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. Ready to Transform Your Freight Operations?

Optimal Sourcing 227

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 227

Logistics Viewpoints

JUNE 3, 2025

Standard sizes and categorizations play a crucial role in determining the costs associated with shipping products that meet standard criteria in fulfillment centers. Fulfillment costs can significantly impact profit margins, making it crucial for businesses to understand these financial implications and how they influence consumer spend.

Optimal Sourcing 155

Optimal Sourcing Optimization Software Sourcing Strategies Price Mitigation Strategies 155

Logistics Viewpoints

MAY 27, 2024

The company is operationalizing this target by reducing emissions as much as possible, increasing use of carbon-free electricity, and removing the emissions that remain. Supporting hypergrowth while reducing supply chain logistics emissions is not an easy feat. A clear goal needs to be combined with good data and metrics.

Supply Chain Design Software 310

Supply Chain Design Software Cost Reduction Strategies Inventory Reduction Supply Chain Design 310

Precoro

NOVEMBER 11, 2024

This team controls what’s bought, from where, and at what cost for the entire organization. These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. They also continuously track supplier performance.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

GlobalTranz

JULY 1, 2021

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.

Metrics 334

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 334

Precoro

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. 

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

SCMDOJO

OCTOBER 30, 2024

And to handle it all effectively, you need to get the hang of some of the best SEO strategies tailor-made for logistics companies. It enables the users to monitor the websites’ paid and organic traffic, keywords, and traffic costs. The approach is integral to the best marketing strategies.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Optimal Sourcing Logistics Network Optimization Software 98

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Various supply chain optimization techniques, such as detailed planning, assessing current practices, and automating processes, can significantly enhance efficiency and reduce costs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. What obstacles are companies facing in making the most of this opportunity?

Cost Reduction Strategies 264

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 264

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? One of my favorite stories was his initiative to reduce the number of cuts of carrots in soups from 33 to three. A good leader knows that cost reductions in the back office does not necessarily improve margins. Reduce Variability and Latency.

S&OP 394

S&OP Supply and Demand Inventory Reduction Expense Reduction 394

Logistics Viewpoints

JANUARY 3, 2025

The DOE is still issuing large federal loans to startup companies, Novonix a synthetic graphite startup just received a $755 million loan to support its mission and reach its goal of producing 31,500 metric tonnes of synthetic graphite. Department of Energy to build a synthetic graphite facility in Chattanooga, Tennessee.

Supply Chain Software 298

Supply Chain Software Negotiating Skills Supply Chain Planning Software Purchasing Training 298

Logistics Viewpoints

APRIL 23, 2025

The global freight sector faces growing pressure to balance cost-efficiency with environmental responsibility. With freight transport accounting for a significant share of global emissions, efforts to improve logistics now extend beyond operational metrics to include resilience, regulatory compliance, and climate performance.

Supply Chain Planning Software 163

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Rail Software 163

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. That’s why many organizations are undergoing procurement transformation , and shifting from manual, siloed processes to connected, data-driven strategies.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

ivalua

MAY 29, 2025

Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time. Discover how Ivalua’s Supply Chain Collaboration solution empowers you to work more closely with suppliers, reduce risk, and build a more agile, connected supply chain.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

The Logistics of Logistics

NOVEMBER 5, 2024

He is responsible for driving strategy, customer engagement, and industry analysis. Data-Driven Decision Making: By leveraging DAT’s data and analytics, businesses can make data-driven decisions to improve efficiency, reduce costs, and enhance customer satisfaction.

Optimal Sourcing 246

Optimal Sourcing Freight Analytics Software Forecasting 246

RFgen

NOVEMBER 20, 2024

You’re expected to ship more orders, faster, with fewer errors — all while managing rising costs and shrinking labor pools. It’s a tough challenge, and if you’re relying on outdated processes and technology, it’s likely costing you more than you realize. Think real-time inventory visibility across all your locations.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Supply Chain Shaman

MAY 12, 2025

Would their jobs be eliminated? Their jobs were gradually eliminated. Learn that the traditional goals of supply chain focused on functional cost reduction sub-optimize the value of the firm. Form and socialize your own hierarchy of metrics. When computers were distributed to managers, Evelyn and Rose were scared.

Modeling 221

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

Descartes

JUNE 4, 2025

We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Issuances of common shares, net of issuance costs 3.6 Once completed, Descartes anticipates annualized cost savings of approximately $15 million.

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

Logistics Viewpoints

APRIL 7, 2025

For logistics professionals, this translates to smarter warehouse layouts, more accurate transportation planning, proactive maintenance scheduling, and a new level of resilience through cost-to-serve optimization. This article explores how digital twins are being deployed in transportation, warehousing, and network design.

Sourcing Strategies 224

Sourcing Strategies Modeling Supply Chain Design Software Supply Chain Planning Software 224

QAD

MAY 22, 2025

Rising costs, geopolitical tensions, and tariffs demand a strategic and holistic approach to maintain profitability and competitive advantage. There are many ways an organization can cut supply chain costs. For many large enterprises, procurement makes up a large part of a company’s total costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52