Kinaxis

AUGUST 1, 2025

Many suppliers are already exploring substitution options or alternative sourcing, and you want to be part of those conversations early. Create supplier scorecards that track not just traditional metrics like quality and delivery, but new factors like tariff exposure, geographic flexibility, and crisis response capability.

Negotiating Skills

Logistics Viewpoints

JUNE 23, 2025

There is also an increased demand for transparency, societal and regulatory scrutiny of sourcing, and consumer demand, with consumers willing to change brand loyalty to shop sustainably. The rising costs of climate change, such as carbon pricing, could lead to an additional 50% in EBITDA costs.

Supply Chain Planning Software

Logistics Viewpoints

APRIL 10, 2025

Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions.

Optimal Sourcing

Logistics Viewpoints

APRIL 23, 2025

From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.

Manufacturing Procurement

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. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Click here!

Optimal Sourcing

ivalua

JUNE 17, 2025

The rise of AI technology combined with Source-to-Pay (S2P) digitization are becoming key allies for leading procurement teams in their quest for ever smarter workflows, improved insights, and data-based decision-making. This makes it difficult for procurement teams to assess their impact or plan responses.

Optimal Sourcing

SCMDOJO

JUNE 3, 2025

Estimating costs is no longer an art of educated guesses, its transformed into precision science. Come along while we take a look at emerging tech tools and dig deeper into how cost estimation is being transformed into something faster, smarter, and surprisingly budget-friendly. Today though?

Negotiating Skills

Logistics Viewpoints

JULY 7, 2025

Use a consistent framework to evaluate likelihood and impact. These should reflect your actual risk tolerance, not generic estimates. Create clear, step-by-step instructions for specific scenarios, like losing a distribution center, a WMS failure, or a Tier 1 supplier going offline. Assess and Rank Risks Not all risks are equal.

Supply Chain Planning Software

Logistics Viewpoints

FEBRUARY 24, 2025

A production plan from an IBP meeting should be considered a rough-cut long-term plan, merely the best estimation of what was likely, not something written in stone. It accesses, transforms, and harmonizes data from multiple sources to make it usable and actionable for a wide variety of business applications.

Supply Chain Planning Software

The Network Effect

JULY 24, 2025

Ocado Group estimates a 25–40% reduction in fulfillment cost per order in automated centers compared to manual picking. Retailers must evaluate their market conditions, cost structure, and operational capabilities carefully before investing. Are Micro Fulfillment Centers the Next Frontier in Retail Logistics?

Inventory Reduction

Bristlecone

FEBRUARY 6, 2025

In today’s interconnected world, ethical sourcing has transitioned from a “nice-to-have” to a critical imperative for businesses across all sectors. The global market for sustainable products is projected to reach $150 billion by 2025 , indicating a robust demand for ethically sourced goods across various sectors.

Optimal Sourcing

Logistics Viewpoints

NOVEMBER 4, 2024

This type of forecasting can forecast the number of employees required to perform estimated work down to the day, shift, job, and zone level. ML can also be used to generate labor standards for warehouse workers. ML techniques like clustering, data similarity, and semantic tagging can automate master data management.

Supply Chain Planning Software

Procurement Academy

DECEMBER 4, 2024

What information do you actually need from your suppliers to make a fair sustainability evaluation? Take a read below for details on the benefits of conducting a supplier sustainability assessment and a template to get you started in minutes. What Should a Supplier Sustainability Assessment Contain?

Sustainability

Logistics Viewpoints

MARCH 4, 2025

auto parts are sourced from Mexico, making the tariff impact immediate and severe. estimating a $135 million impact from tariffs on its North American operations. Approximately 40% of U.S. Vehicle production costs in the U.S. Volvo has ramped up U.S. production at its South Carolina plant to reduce reliance on North American imports.

Mexico

Logistics Viewpoints

JULY 15, 2025

This demand spike coincides with a worldwide imperative to transition toward cleaner energy sources. To qualify for consumer tax credits like the $7,500 Clean Vehicle Credit, products must meet stringent sourcing requirements for battery components and critical minerals. New grid power in the US was about 93% renewable in 2024.

Cost Reduction Strategies

ivalua

JULY 23, 2025

E-procurement is a digital process spanning the entire procurement lifecycle, from sourcing and contracting to ordering, invoicing, and payment. E-procurement goes beyond digital purchasing processes, connecting sourcing, contracting, ordering, and invoicing in a single system. See how e-procurement transforms sourcing to payment.

Procurement Solutions

Precoro

JULY 4, 2025

The difference between sole source vs. single source is on the surface. In single sourcing, your company selects a single supplier exclusively , even though there are other capable suppliers on the market. In sole sourcing, you don’t have a choice —only one supplier can provide what you need.

Purchasing Skills

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

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

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. “AI allows you to integrate real-time data from various sources, helping you devise more efficient delivery routes and schedules.

Optimal Sourcing

ToolsGroup

MARCH 19, 2025

Implementing Probabilistic Forecasting in Your Supply Chain Modern supply chain management software incorporates probabilistic modeling as a core function, not just an add-on feature.

Forecasting

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. A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement.

Sourcing Strategies

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

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. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.

Cost Reduction Strategies

Logistics Viewpoints

JANUARY 16, 2025

Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. Updated OpenAI o1 System Card : This highlighted safety improvements, robustness evaluations, and red teaming insights.

Modeling Software

Supply Chain Shaman

JULY 2, 2025

” Groupthink ” occurs when there is a need for harmony without critical evaluation. CLM changed its name twenty years ago to the Council of Supply Chain Management Professionals (CSCMP) to be more inclusive of the source, plan, and make aspects of supply chain management. They both exist in supply chain circles.

Optimal Sourcing

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Negotiating Skills

ivalua

JUNE 5, 2025

Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time.

Procurement Solutions

Kinaxis

JUNE 11, 2025

Automakers must model dual-path sourcing strategies and reintroduce buffer inventory—not just for parts, but for regulatory flexibility. requalify suppliers across multiple geographies, and dual-source APIs and components to mitigate risk from any one trade partner. Every major industry now faces a unique supply chain challenge.

Pharmaceutical

Logistics Viewpoints

DECEMBER 2, 2024

Then a simulation is run and we get an estimated date for delivery. We have all the connected planning data we get from blue Yonder, all of the product data we get from the product systems, all of the shipment information that’s coming in from the carriers, as well as risk information from Everstream and other sources.

Supply Chain Planning Software

RFgen

DECEMBER 4, 2024

To measure supply chain efficiency, businesses use various performance metrics to evaluate operational efficiency. Supplier performance metrics: These evaluate vendor reliability through metrics like defect rates, compliance with specifications, and consistency of supply. How can companies balance efficiency with resilience?

Sourcing Strategies

Supply Chain Brain

JULY 27, 2025

Bowman, SupplyChainBrain The science of forensic chemistry, familiar to millions of viewers of crime dramas on TV and film, is playing a key role today in tracing the source of products all the way back to their origin. Ethical sourcing science can be applied in so many different ways,” she adds. Or so they say, when asked in surveys.)

Manufacturing Procurement

Supply Chain Game Changer

AUGUST 11, 2025

At the heart of supply chain management lies the role of procurement, a strategic function responsible for sourcing, acquiring, and managing goods and services essential for business operations. Quality Control Procurement strategies focus on selecting suppliers who offer high-quality products and services. What is Procurement?

Optimal Sourcing