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

Logistics Viewpoints

OCTOBER 28, 2024

“To improve,” the report rightly notes, “organizations should enhance supply chain visibility with robust data and analytics; use AI to foresee disruptions; keep business continuity plans current; and diversify supply sources, suppliers, manufacturing and logistics partners.” net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 281

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 281

Logistics Viewpoints

JUNE 3, 2025

Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. The question then becomes what is a good OTIF score to shoot for?

Optimal Sourcing 225

Optimal Sourcing Optimization Software Sourcing Strategies Price Mitigation Strategies 225

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 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

ivalua

JUNE 9, 2025

We’ve seen AI take over everyday tools and search engines; AI in Sourcing and Procurement is becoming a strategic tool in our kit, At Ivalua, we are helping global procurement teams integrate AI across the Source-to-Pay process, bringing automation, insight, and agility to every step. This is where AI can make a huge difference.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Purchasing Skills Procurement Analytics 130

Freightos

APRIL 23, 2025

It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 227

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 227

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. Contract analysis AI in sourcing and procurement is transforming contract management by automating key tasks like contract review, compliance tracking, and renewal alerts.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

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 Waste Reduction Inventory Reduction Expense Reduction 96

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 Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Ensure margins are fair and sustainable.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. Is talent a cost or an asset? Most companies say that employees are an asset, but treat it as a cost. Today, with companies having a keen-focus on costs, talent development often takes a back seat. Empowered talent.

Cost Reduction Strategies 262

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 262

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Supply Chain Shaman

JUNE 17, 2025

The use of outside-in signals can reduce it by 40-60%. Inventory is both our most important buffer and greatest source of waste.) Functional metrics align to bonus incentives, but progress in supply chains remains evasive. Muda comes from many sources. The difference is opportunity. Signal Latency. Human Potential.

Supply Chain Planning Software 195

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

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

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 293

Supply Chain Software Negotiating Skills Supply Chain Planning Software Purchasing Training 293

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 Price Reduction Expense Reduction Purchasing Training 105

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

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 151

Negotiating Skills Pharmaceutical Cost Reduction Strategies Price Reduction 151

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. That’s where data analytics comes in. Ready to get started?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

The Logistics of Logistics

NOVEMBER 5, 2024

He is responsible for driving strategy, customer engagement, and industry analysis. During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability.

Optimal Sourcing 246

Optimal Sourcing Freight Analytics Software Forecasting 246

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

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 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

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 261

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 261

ivalua

MAY 21, 2025

Key Takeaways Legacy procurement processes limit scale, speed, and visibility, making it harder to manage risk, compliance, and costs. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Analytics Software 130

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

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups.

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

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 218

Sourcing Strategies Modeling Supply Chain Design Software Supply Chain Planning Software 218

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

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Freightos

APRIL 23, 2025

It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

Logistics Viewpoints

JULY 7, 2022

These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. From product design, sourcing and operations planning, to manufacturing, logistics and warehousing, there are many opportunities for improved efficiency at each stage of the process.

Material Savings 317

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 317

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

The Logistics of Logistics

MAY 1, 2024

Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility. Source capacity with precision using supply and demand metrics and forecasts.

Metrics 246

Metrics Logistics Network Optimization Software Analytics Software Optimal Sourcing 246

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

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