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

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

ivalua

JUNE 3, 2025

As Procurement teams are tasked to do more with less in an increasingly complex and uncertain market, digitization has become a must. Procurement leaders have increasingly turned to Spend and Supplier Management platforms to improve decision-making, efficiency and collaboration. What is Total Economic Impact? Payback in under 6 months.

Vendor Strategies 130

Vendor Strategies Cost Reduction Strategies Expense Reduction Resource Reduction 130

Precoro

NOVEMBER 11, 2024

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

SCMDOJO

JULY 4, 2025

The supply chain industry is in a process of change that is technologically induced. Much of the process of operating inventory and delivery coordination is being transformed by AI and automation. Billing is becoming quicker, more precise, and more accurate through the supply chain with the help of new technologies.

Supply Chain Software 84

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 84

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. Any misstep in evaluating supplier availability and readiness can delay operations and disrupt the supply chain.

Inventory Reduction 52

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

RFgen

DECEMBER 19, 2024

It’s a holistic approach that blends strategic planning, streamlined processes, and the right technology to transform your warehouse into a well-oiled, profit-generating machine. In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

RFgen

NOVEMBER 13, 2024

Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started!

Inventory Management Software 96

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

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. This allows businesses to track expenses, costs, and payments against the appropriate financial accounts.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 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. It’s sometimes misunderstood, but it’s actually integrated into almost all supply chains nowadays in av ariety of different ways.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Australia Inventory Reduction 75

Supply Chain Shaman

JULY 16, 2025

As I threw out my trash, I thought about my strategy session last week. Last week, I facilitated a strategy session on the value of “fresh data” (data with minimal latency) in supply chain planning. Real-time decisions introduce nervousness into supply chains whereas data made on market data improves insights.

Innovation 221

Innovation Supply Chain Planning Software Data Supply Chain Design Software 221

Descartes

JUNE 4, 2025

We continue to see strong interest in our domain expertise and our solutions to help companies navigate the complex trade landscape. We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." million, up 12% from $151.3

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

Supply Chain Planning Software 69

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

RFgen

JANUARY 16, 2025

Spreadsheets just don’t cut it anymore. That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. 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

Supply Chain Game Changer

JULY 24, 2025

Subscribe Strategic Supplier Relationship Management – Do’s and Don’ts At any given time, working with the resources of any business depends on procuring the right materials at the right time and at the right cost. Sourcing and procurement take on a meaning that transcends the mere buying of materials or services.

Optimal Sourcing 59

Optimal Sourcing Procurement Analytics Purchasing Skills Procurement Solutions 59

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

QAD

MAY 22, 2025

In today’s volatile global trade landscape, enterprises face ongoing pressure to optimize their supply chain operations. There are many ways an organization can cut supply chain 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

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

Supply Chain Game Changer

FEBRUARY 6, 2025

Subscribe 6 Techniques to Reduce Last Mile Delivery Costs! Managing shipping expenses is crucial for the success of any online business. In this article, we’ll explore practical tips that can help reduce shipping expenses without sacrificing the customer experience.

Expense Reduction 52

Expense Reduction Material Savings Price Reduction Cost Reduction Strategies 52

ThroughPut

MAY 20, 2025

In asset-intensive industries, this challenge has only intensified with the growing complexity across supply chains. In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

Precoro

JULY 17, 2025

Definition: Procurement automation is the use of digital tools to make routine tasks throughout procurement more efficient. Advanced technologies like AI and cloud-based procurement software helps companies reduce the burden of manual work, lower costs, and gain insight into analytics.

Procurement Solutions 45

Procurement Solutions Procurement Analytics Supply Chain Software Optimal Sourcing 45

ThroughPut

MAY 20, 2025

In asset-intensive industries, this challenge has only intensified with the growing complexity across supply chains. In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

My Office Apps

MARCH 26, 2025

How Kechie ERP Software Transforms Operations Across Key Business Sectors How are companies managing the external and internal challenges that increase the complexity of their operations every day? To stay competitive, businesses must adapt to cloud-based solutions that automate processes, boost productivity, and offer real-time access.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Procurement Solutions 62

RFgen

APRIL 18, 2025

The impact of tariffs on supply chains is no longer abstract. Its direct, expensive, and increasingly hard to plan around. From the new tariffs impact on supply chains to newer policy shifts between the U.S., How Do Tariffs Affect Supply Chains? Thats changed. Another trend?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

EMERGE App

DECEMBER 29, 2024

Pharmacies typically have a vast supply chain network. By enhancing inventory management , a Pharmacy can reduce costs and improve overall operational efficiency. Pharmaceutical Inventory software is valuable for pharmaceuticals. What is pharmacy inventory management software? agencies, including traders.

Pharmaceutical 52

Pharmaceutical Inventory Management Software Supply Chain Design Software Optimization Software 52

Precoro

JULY 9, 2025

Definition: Procurement transformation is the strategic overhaul of how a business buys goods and services. This approach focuses on changing procurement holistically beyond minor tweaks, starting from strategies to organizational structures. Procurement transformation has several objectives.

Procurement Solutions 45

Procurement Solutions Procurement Analytics Optimal Sourcing Purchasing Training 45

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Are you truly getting the best value?

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

SCMDOJO

OCTOBER 28, 2024

In today’s competitive business landscape, optimizing supply chains is crucial for achieving operational efficiency and cost reduction. While inventory management and logistics often take center stage, another critical component that significantly impacts supply chain performance is fixed asset management.

Asset Management 52

Asset Management Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

BlueYonder

OCTOBER 14, 2024

” The scheme organizer and his staff encouraged co-conspirators to purchase items from retailers and then impersonated the purchasers to secure refunds while allowing the original buyers to keep the merchandise for a cut of the return fees. Attorney’s Office, one example is a scheme called “Simple Refunds.”

Retail 123

Retail Cost Reduction Strategies Expense Reduction Procurement Solutions 123

Supply Chain Game Changer

JULY 15, 2025

Subscribe Automation ROI, Tools and Productivity! Industrial businesses face rising demands to reduce expenses while boosting output. Equipment spending must reduce costs immediately while ensuring lasting returns. Equipment spending must reduce costs immediately while ensuring lasting returns. In 2024, U.S.

Cost Reduction Strategies 75

Cost Reduction Strategies Purchasing Skills Expense Reduction Supply Chain Design Software 75

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. 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.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. The Celanese Supply Chain Celanese Corporation (NYSE: CE), headquartered in Dallas, Texas, is a global chemical and specialty materials company with revenues of over $10 billion. The chemical industry has a complex supply chain.

Negotiating Skills 194

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 194

ThroughPut

JUNE 4, 2025

The ThroughPut Catalyst Program directly addresses the common hurdles organizations face when attempting to digitalize their supply chain processes, such as financial constraints and tool fatigue. It’s the fastest way to build the case for transformation – without the usual risk and resistance.”

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Analytics Software Forecasting Software 52

ThroughPut

JUNE 2, 2025

Maintenance, Repair, and Operations (MRO) professionals, heads of maintenance, and spare parts managers are navigating an environment shaped by supply chain volatility, legacy infrastructure, and an explosion of data. In 2025, the landscape of spare parts management is undergoing a seismic shift.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Material Savings Vendor Strategies 52

ShipBob

MARCH 3, 2025

With so many moving parts to running an ecommerce business, youll probably build a tech stack of several different apps, platforms, and solutions to power your operations. Order Desk Order Desk is an integration that helps you streamline and automate your order management operations. Inventory management integrations 4.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

ShipBob

MARCH 3, 2025

With so many moving parts to running an ecommerce business, youll probably build a tech stack of several different apps, platforms, and solutions to power your operations. Order Desk Order Desk is an integration that helps you streamline and automate your order management operations. Inventory management integrations 4.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

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