ivalua

JULY 1, 2025

Measuring and Improving Procurement Strategy Performance A successful procurement strategy is data-driven andsupports continuous improvement across key metrics such as cost savings, supplier performance, delivery reliability, and ESG compliance. Examples include IT, logistics, and critical raw materials.

Material Savings 130

Material Savings Sourcing Strategies Cost Reduction Strategies Vendor Strategies 130

ivalua

JULY 1, 2025

Measuring and Improving Procurement Strategy Performance A successful procurement strategy is data-driven andsupports continuous improvement across key metrics such as cost savings, supplier performance, delivery reliability, and ESG compliance. Examples include IT, logistics, and critical raw materials.

Material Savings 130

Material Savings Sourcing Strategies Cost Reduction Strategies Vendor Strategies 130

ivalua

MAY 30, 2025

At Ivalua, we help organizations harness AI to transform procurement from a tactical function into a strategic advantage – and our Intelligent Virtual Assistant (IVA) is leading the next wave of AI-driven procurement innovation. You may also have heard of Agentic AI. Plus, they can proactively alert teams to opportunities or potential risks.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

MAY 30, 2025

At Ivalua, we help organizations harness AI to transform procurement from a tactical function into a strategic advantage – and our Intelligent Virtual Assistant (IVA) is leading the next wave of AI-driven procurement innovation. You may also have heard of Agentic AI. Plus, they can proactively alert teams to opportunities or potential risks.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

Precoro

MAY 19, 2025

These rules often seem restrictive, forcing procurement teams to choose compliance over flexibility and innovation. For example, if your company is ordering raw materials from a supplier abroad, it must comply with customs regulations and chemical and safety standards. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Precoro

MAY 13, 2025

  In this guide, we’ll explore what cost efficiency is, examples, and best practices on how cost efficiency can make your company more competitive and profitable in today's fast-paced economy. Example of cost efficiency A TechRepair Company operates two service plans: Plan A costs $6,000 monthly and services 1,200 devices.

Sourcing Strategies 45

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Negotiating Skills 45

ivalua

MAY 29, 2025

In many organizations, procurement also plays a critical role in ESG compliance, innovation sourcing, and maintaining business continuity during supply disruptions. These agreements often include performance metrics, sustainability requirements, and service-level expectations that are continuously monitored.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

Logistics Viewpoints

MAY 5, 2025

Track KPIs, Not Buzzwords Evaluate V2X based on tangible logistics metrics: fuel savings, delivery times, accident rates, and emissions. Focus on what drives profit and safety, not just innovation. V2X is not simply a standalone tool, it is the connector for IoT infrastructure that drives informed decision-making.

Supply Chain Network Software 147

Supply Chain Network Software Optimization Software Modeling Software Supply Chain Software 147

Precoro

JUNE 3, 2025

How to establish a category management system Examples of categories and strategies Why category management in procurement matters How Precoro can help you establish a category management system Frequently asked questions about category management services What is category management? Read on to learn: What is category management?

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Freight Waves

JULY 1, 2025

Springs said, “We’re seeing consistent increases in safety metrics.” Sysco was another example of using technology to boost safety and efficiency. While we always aim to improve these metrics, it’s not just about numbers — it’s about caring for our people.” The improvement also extends to community safety and transparency.

Optimization Software 105

Optimization Software San Diego Material Savings Logistics Network Optimization Software 105

Supply Chain Brain

JULY 21, 2025

Take the example of a U.K.-based Multimodal in Practice At a basic level, multimodal shipping can refer to using two or more distinct modes — such as truck, rail, air or ocean — in a single supply chain. based manufacturer that ships engine blocks through several U.S. The components first travel by ocean to a machining facility in Michigan.

Freight 114

Freight Sourcing Strategies Optimal Sourcing Cost Reduction Strategies 114

BlueYonder

JANUARY 9, 2025

This event offered a unique opportunity to engage with industry leaders and gain firsthand insights into the latest trends and innovations in supply chain planning. Practical Supply Chain Innovation: The session was a deep dive into the practical aspects of supply chain innovation, focusing on real-world applications and outcomes.

Supply Chain Planning Software 68

Supply Chain Planning Software Gartner Supply Chain Planning Supply Chain Design Software 68

Freight Waves

JUNE 16, 2025

Crowley has been named a winner of the prestigious 2025 FreightWaves Fraud Fighter Awards, recognizing the company’s innovative approach to combating increasingly sophisticated freight fraud schemes. Their success extends beyond internal metrics to real-world fraud prevention.

Supply Chain Network Software 65

Supply Chain Network Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 65

SCMDOJO

OCTOBER 28, 2024

For example, below are 5 reasons why procurement folks should attend S&OP Reviews. Strategic Supplier Relationships: By understanding the company’s long-term plans, procurement can build strategic relationships with suppliers who can support growth and innovation. Keep Reading to unlock a 50% discount code!

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Procurement Academy

JANUARY 9, 2025

Theyll also be more willing to collaborate on new ideas, adding a degree of innovation to your supply chain. Select agreed-upon metrics such as material quality or delivery time and monitor as often as possible. Ensure youre continually improving and innovating to stay ahead of your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Sourcing Strategies 52

Jaggaer

OCTOBER 24, 2024

Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction. Innovation Innovation is especially important to organizations building a reputation as a first mover in some aspect of product design.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

SCMDOJO

APRIL 11, 2025

Enter companies like DigitalSuits, a high-tech Shopify development and e-commerce agency that leverages technology and innovation to build end-to-end solutions. An example of such a scenario is a European fashion retailer experiencing stockouts and unpredictable delivery times.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 84

Precoro

DECEMBER 24, 2024

AI use cases in procurement Here are the key AI in procurement examples that are transforming how teams work: Spend analysis AI for procurement enhances spend analysis by efficiently processing and analyzing large volumes of data far beyond what manual methods can handle.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Supply Chain Brain

JUNE 19, 2025

In sectors where product assortments shift throughout the year, for example, AS/RS may require different bin sizes to accommodate new inventory, while P2G operates independently of bin structures, allowing for seamless transitions. 3PLs, for example, rely on contracts with customers that can change over time.

Warehousing 71

Warehousing Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 71

ivalua

MAY 21, 2025

For example, Ivalua’s Intelligent Virtual Assistant (IVA) can draft RFPs, summarize supplier data, research categories, and handle various intake requests via chat, helping to transform procurement into a more strategic function. This makes it easier to scale, standardize, and innovate without compromising flexibility.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Analytics Software 130

John Galt

JULY 22, 2025

Because companies often fail to let go of old habits and siloed metrics, and they fail to align decisions across functions. A great example comes from a CPG company that restructured its raw material planning by grouping SKUs and locations then aligning these classifications to hit procurement minimums. Shared metrics are critical.

Inventory Reduction 68

Inventory Reduction Supply Chain Planning Software Optimal Sourcing Optimization Software 68

Jaggaer

OCTOBER 24, 2024

Measurable successes result that include metrics such as margins, profits, production targets, quality scores, environmental, social, and governance (ESG) scores, and customer satisfaction. For manufacturers, business decisions that involve digital transformation in procurement are often difficult.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

Supply Chain Brain

JULY 17, 2025

Another example of AI’s effectiveness occurred within a leading transportation and logistics company with nearly 450,000 trucks and 150 locations. In this case, gen AI gathers insights from this data, while agentic AI autonomously adjusts sourcing strategies for supply chain risk mitigation.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Resource Reduction Vendor Strategies 52

Supply Chain Brain

JULY 22, 2025

s introduction of a universal 10% baseline tariff, for example, may appear a manageable challenge at face value. For example, a business that can accurately model the impact of new tariffs may decide to maintain customer prices temporarily, absorbing short-term cost increases to preserve relationships while competitors scramble to adjust.

Price Reduction 90

Price Reduction Modeling Supply Chain Planning Software Optimal Sourcing 90

Supply Chain Brain

JUNE 17, 2025

The beverage industry offers a valuable example. Establishing baselines, tracking reductions, or meeting compliance requirements without having accurate, standardized data becomes nearly impossible. It’s resource-intensive by nature, with emissions stemming from agriculture, water use, packaging and outsourced production.

Rail Software 91

Rail Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 91

SYSPRO Smarter ERP

APRIL 8, 2025

Manufacturers have adopted innovative solutions and technologies to deal with these issues. AI and ML in production control ML models trained on operational data from an ERP can help achieve significant benefits in key operational metrics like throughput, and OEE. Select the right tool. An AI model is only as good as its data.

Supply Chain Design Software 62

Supply Chain Design Software Modeling Software Forecasting Software Modeling 62

Supply Chain Brain

JUNE 17, 2025

Koganti gave the example of the Greeks’ response to the news that the Persians were on their way to invade in the fifth century BCE: Athenian politician and general Themistocles’ response was to urge the building of a navy (which turned out to be devastatingly effective ).

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 100

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Persuade the customer otherwise.

Reverse Logistics 74

Reverse Logistics Logistics Network Optimization Software Vendor Strategies Cost Reduction Strategies 74

Jaggaer

MAY 8, 2025

For example, if your supplier is on wafer-thin margins, it may be bulk purchasing in order to reduce costs, leaving it with excess stock. We can creatively reshape categories, reframe make-versus-buy decisions, or co-innovate with suppliers. This is not conducive to profitable long-term relationships.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

ivalua

JUNE 9, 2025

For example, it can review an assessment and automatically generate an improvement plan with detailed KPIs and tracking metrics. IVA supports procurement teams by identifying potential risks, streamlining tasks, and offering data-driven suggestions based on both historical and real-time information.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Purchasing Skills Procurement Analytics 130

Supply Chain Brain

JULY 1, 2025

So argues Greg Petro, CEO of First Insight , a retail platform that uses AI analysis of consumer feedback to predict demand, determine pricing thresholds and model scenarios around, for example, differing tariff levels or supply chain bottlenecks. Helen Atkinson, Managing Editor Report From DPW: What’s Next for AI in Supply Chain?

Price Reduction 87

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 87

SCMDOJO

MAY 11, 2025

In this article, well go through a step-by-step process of how to transition to a circular supply chain, including insights, implementation strategies, and real-world examples. Example: Fairphone, a Dutch electronics company, builds smartphones that can be easily repaired and upgraded. What is a Circular Supply Chain?

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Material Savings 64

Silvon Software

NOVEMBER 14, 2024

Product Innovation to determine how existing products are performing and to identify gaps in the market – better enabling CPG brands to develop new products that meet emerging consumer needs. For example, one CPG manufacturer using Silvon’s Stratum solution monitored daily POS data to spot early demand trends for newly launched products.

Inventory Reduction 59

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 59

Procurement Academy

FEBRUARY 6, 2025

The latest employee training trends show todays successful organizations as those that adapt quickly by embracing innovative approaches to upskill their teams. At Skill Dynamics, we embrace this personalized approach through our innovative AI-driven skills gap assessment.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

Jaggaer

FEBRUARY 5, 2025

This disconnect hinders innovation, stifles growth, and prevents companies from realizing the full potential of their digital investments. Senior executives must lead by example, demonstrating that they are using the new technology. Adoption metrics can be built into annual assessments.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

Supply Chain Brain

JULY 9, 2025

Apples Siri and Amazons Alexa are personal-use examples of these, but from a business context, their uses are just starting to be implemented. Traditional AI dates back to at least the 1960s and encompasses techniques such as machine learning, which utilizes historical data to optimize problems and predict future outcomes.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Modeling 100

SYSPRO Smarter ERP

MAY 26, 2025

Optimizing the impact of AI on smart manufacturing AI has impacted several smart manufacturing technologies and processes, and this transformation is reshaping industries and driving them toward efficiency and innovation. Real-time insights: Data on production, inventory, and other critical metrics, allowing for informed decisions.

Manufacturing Procurement 67

Manufacturing Procurement Optimal Sourcing Inventory Management Software Predictive Analytics Software 67