ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Precoro

MARCH 27, 2025

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.  It cuts costs yet helps maintain product quality and smooth operations.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

GlobalTranz

DECEMBER 30, 2014

As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 305

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Or “push a shift from a focus on cost to drive value?” Functional Metrics. ” Sound familiar? Organizational Alignment 2012.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

QAD

MAY 22, 2025

There are many ways an organization can cut supply chain costs. While there are no short-term fixes, enterprises should prioritize areas where they can make the quickest gains to reduce costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

RFgen

NOVEMBER 13, 2024

Key components of mobile inventory management include: Smartphone app: Allows field agents to log information, analyze metrics, and manage tasks even in remote areas with limited connectivity. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members.

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

Silvon Software

MAY 6, 2025

Analytics and business intelligence (BI) are no longer optionaltheyre essential. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Flexible Delivery Options Interactive dashboards, scheduled reports, alerts, mobile access, and more.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Planning Software 89

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. What are the strategies that helped the best survive?

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. It was a rude surprise when I learned it would cost $100 to fill the tank. I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity.

Supply Chain Planning Software 322

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 322

Precoro

JUNE 3, 2025

Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Logistics Viewpoints

MAY 19, 2022

Containerization eventually reduced shipping and loading costs by at least 75%. The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. The myth of the “perfect plan”.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

RFgen

JANUARY 16, 2025

Keeping track of all your moving parts in manufacturing is a tall order. Spreadsheets just don’t cut it anymore. That’s where manufacturing inventory management software comes in. We’re talking real-time tracking, automated purchasing, and a whole lot less stress.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Manufacturing Planning production schedules and maintenance becomes easier with accurate forecasting and resource optimization.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

SCMDOJO

APRIL 11, 2025

Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. In this blog post, well explore the importance of robust supply chains, the key risks they face during economic downturns, and practical strategies. Recession-proofing a supply chain doesn’t mean eliminating all risks.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Design Software 69

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. Sustainability Is The Cornerstone Of Manufacturing Competitiveness.

Manufacturing Procurement 142

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 142

Logistics Viewpoints

MARCH 3, 2025

Ibrahim Al Syed, the director of digital manufacturing at Celanese, was surprisingly forthcoming about how Celanese developed these capabilities at ARC Advisory Groups 29th Annual ARC Industry Leadership Forum. The company has 55 manufacturing sites across the world. Their plants are very expensive. They must be.

Negotiating Skills 182

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 182

GlobalTranz

AUGUST 30, 2018

The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency. It is the best way to reduce costs, and gain a strong competitive advantage in the dynamic marketspace! GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Inventory Management Software 174

Inventory Management Software Supply Chain Planning Software Demand Planning Software Optimization Software 174

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 279

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 279

ThroughPut

JUNE 2, 2025

The stakes have never been higher: unplanned downtime due to unavailable parts can cost organizations thousands of dollars per minute, erode customer trust, and disrupt critical operations. This lack of transparency hampers accurate demand forecasting, procurement efficiency, and inventory optimization.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

ToolsGroup

MAY 17, 2022

A combo of pandemic-related increased demand, and the tragic destruction of a key chlorine manufacturer have led to 2022’s swimming pool chlorine shortage. Image source: Cape Analytics. Reports from Costco shoppers indicate that the same brand of chlorine tablets were $129.99 The cause of this tragedy? between 2021 and 2026.The

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Logistics Bureau

JANUARY 20, 2025

Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. These smart robots talk to the WMS to optimise picking routes and cut order fulfillment time in half. First, there’s the dramatic impact on costs. What is Supply Chain Automation?

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Australia Inventory Reduction 75

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Cost reduction is still very important.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. Demands from customers, and possibly regulators, to reduce energy consumption and greenhouse gas emissions can easily seem burdensome. Everything.

Manufacturing Procurement 132

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 132

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Supply Chain Shaman

OCTOBER 29, 2020

In a win/lose relationship, one party gains at the expense of the other. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. The company in an effort to reduce costs outsourced payments. True collaboration is systemic.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. Establish time-tables.

Manufacturing Procurement 120

Manufacturing Procurement Agile and Lean Supply Chain Waste Reduction Inventory Reduction 120

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105