ivalua

JUNE 3, 2025

Ivalua commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study , offering key insights into how companies can unlock substantial financial benefits and operational improvements by adopting Ivalua’s unified Source-to-Pay (S2P) platform. Reductions in operational overhead and improved supplier engagement.

Vendor Strategies 130

Vendor Strategies Cost Reduction Strategies Expense Reduction Resource Reduction 130

SCMDOJO

APRIL 24, 2025

By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Powered by digital tools, on-demand strategies offer a cleaner, more responsive path to production. This shift reduces waste, limits excess, and enables faster adaptation to market changes.

Waste Reduction 98

Waste Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 98

Descartes

JUNE 4, 2025

We define Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition-related expenses, and contingent consideration incurred due to better-than-expected performance from acquisitions).

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Sourcing Strategies 311

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 311

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. This lack of coordination means that different departments might be sourcing from suppliers that don’t follow sustainable practices or social responsibility standards.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience. Technology integration: Leveraging digital tools to enhance visibility and decision-making.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

GlobalTranz

APRIL 15, 2025

Create Short-Term and Long-Term Shipping Strategies Tip: To successfully navigate import tariff challenges, it's essential to have both short-term and long-term shipping strategies in place. They will analyze your current shipping processes and develop strategies to optimize your logistics operations.

Material Savings 156

Material Savings Negotiating Skills Optimal Sourcing Sourcing Strategies 156

RFgen

DECEMBER 19, 2024

Production, technology, and organizational structure should all support the overall scaling strategy. Digital Transformation and Automation Solutions Technology and automation streamline manufacturing processes, enhancing operational efficiency and quality management, reducing manual labor, and significantly improving overall productivity.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

Kinaxis

MAY 29, 2025

When tariffs hit, crucial components that were once affordable can become prohibitively expensive, forcing companies to rethink their sourcing and production strategies. Key takeaway Top challenge: Sourcing volatility driven by EV component shortages and fluctuating global tariffs.

Modeling 130

Modeling Optimal Sourcing Manufacturing Procurement Material Savings 130

Precoro

MARCH 27, 2025

That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses. It cuts costs yet helps maintain product quality and smooth operations. Identify unnecessary spending.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

RFgen

DECEMBER 19, 2024

In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction. Process Improvement: Streamlining workflows to eliminate redundancies and bottlenecks.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Arena Solutions

NOVEMBER 21, 2024

To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Historically, manufacturers would offshore their operations to reduce labor costs; however, times have changed.

Material Savings 70

Material Savings Expense Reduction Sourcing Strategies Cost Reduction Strategies 70

Logistics Viewpoints

APRIL 7, 2025

Whether you’re managing a distribution center, coordinating fleet operations, or shaping global supply strategy, understanding how to deploy and scale digital twins may be your next competitive edge. And reconfiguring layouts or processes can be risky and expensive. The Business Problem: Complexity Without Control 1.

Sourcing Strategies 224

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

Logistics Viewpoints

JUNE 14, 2022

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.

Waste Reduction 289

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 289

ivalua

JANUARY 13, 2023

As more and more organizations, countries, and cultures embrace diversity programs, unique certifications and data sources will increase exponentially. Specifically, Source-to-Pay solution providers are critical supplier diversity partners and customers should trust these partners to support their diversity initiatives. .

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

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? Sourcing locally is not just beneficial for individual businesses but the entire local economy.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

SCMDOJO

APRIL 3, 2025

Supply chain leaders must adapt and use smart strategies to remain competitive. They can raise consumer prices, reduce imports, change trade patterns, and cause other countries to retaliate. For businesses, tariffs increase costs, disrupt supply chains, and reduce profits. Can you cut other costs?

Negotiating Skills 96

Negotiating Skills Resource Reduction Price Reduction Cost Reduction Strategies 96

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 274

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 274

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. This is a short term strategy, and one that can ultimately damage relationships with key suppliers.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Logistics Viewpoints

APRIL 25, 2024

Higher expenses. This past October, the consortium endorsed a universal standard for an API (application programming interface) that eliminates the need for multiple interfaces and allows carriers to interact with just one. The net result? Dissatisfied customers. Bottom line: yards are hard. They aren’t. Yes, yards are hard.

Expense Reduction 316

Expense Reduction Supply Chain Design Software Cost Reduction Strategies Inventory Reduction 316

Logility

MARCH 17, 2022

Digital supply chain planning and management enables organizations to integrate disparate systems, easily manage supplier compliance and assessments, optimize production schedules, reduce all sorts of risks, and make the sourcing decisions that lead to a stronger supply chain and improved margins as well as profits. Key Takeaways.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 156

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Globally, inflation is expected to rise 6.5%, down from 8.8%

Prescriptive Analytics Software 286

Prescriptive Analytics Software Supply Chain Software Predictive Analytics Software Forecasting Software 286

RFgen

APRIL 18, 2025

Its direct, expensive, and increasingly hard to plan around. Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. Imagine a mid-market fitness equipment company sourcing metal frames from Taiwan. based cosmetics brand sources glass jars from Europe.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 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. Business Continuity Ensuring uninterrupted operations requires sourcing the right parts at the right time and place.

Inventory Reduction 52

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

Supply Chain Shaman

NOVEMBER 15, 2021

Lane RFPs focused on cost reduction, but few asked if they had a feasible plan. EDI is slow, expensive and single-directional. The strategy department in most shipper organizations sits in finance while the network design technology expertise is usually a much lower level in operations. The Efficient Supply Chain Is Effective.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 355

Supply Chain Shaman

APRIL 2, 2025

Planners evolved in the 1980s when planning systems were not scalable and memory was expensive. We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. I liken it to the typing pool of the 1980s.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

ThroughPut

JUNE 2, 2025

To stay ahead of the curve, industry leaders are turning to data-driven strategies and artificial intelligence (AI) to transform how they manage inventory, forecast demand, and optimize the entire spare parts lifecycle. However, these shifts can increase lead times and introduce new logistical and quality control challenges.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

Logistics Bureau

JANUARY 16, 2025

Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Let’s look at five proven strategies that can help you create a more resilient supply chain.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

Logility

JUNE 11, 2021

It’s ruthless cost-cutting raised to an art form, fueled by skepticism, continuous questioning and process improvement. Consider two companies with identical strategies. It operates better, or put another way, it executes the strategy more effectively over time. Assure quality at the source. Long-Standing Fundamentals.

Supply Chain Planning Software 235

Supply Chain Planning Software Expense Reduction Cost Reduction Strategies Scenario Planning 235

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 60

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Design Software 60

ToolsGroup

MAY 17, 2022

Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. Chlorine is both more expensive and harder to keep in stock. For those with the luxury, that meant diving right into a chlorine-filled pool. Back in 2020, the world’s chlorine market was valued at around 99 million tons.

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

Logility

NOVEMBER 13, 2020

You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . Rather, it is about leaning into complexities and understanding cause and effect, not playing it safe at the expense of margin. . Featured Download.

Forecasting 246

Forecasting Forecasting Software Supply Chain Planning Software Price Reduction 246

Procurement Academy

JANUARY 7, 2025

Mastering resilience enables businesses to uphold efficiency, reduce costs, and improve overall performance even when dealing with disruptions. This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Optimal Sourcing 90

Logistics Viewpoints

MARCH 13, 2024

While onshore wind power is the largest renewable, solar is now the leading source of new electric power followed by wind (mostly onshore), which is followed by new gas power plants. The bottom line is nuclear remains expensive and time consuming to build. That can come from reduced CO2 and methane emissions.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 315