Remove Inventory Remove Manufacturing Procurement Remove Study
article thumbnail

How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? The data outcome is open source and can be used to improve project outcomes. You are right. The answer is not th e Gartner Top 25. What have I learned?

article thumbnail

Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

article thumbnail

The US FDA’s Phase-Out of Synthetic Food Dyes – Supply Chain Impacts & Challenges

Logistics Viewpoints

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. Production scheduling may also be affected.

article thumbnail

Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

article thumbnail

Reinventing Supply Chains: Focus on Human Factors

Supply Chain Shaman

In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Supply chain was defined in 1982 as interoperability between source, make and deliver. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh.

article thumbnail

Optimization and Execution: How Manufacturing can lead the Industry Renaissance

DELMIA Quintiq

Global manufacturing today faces significant operational challenges. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?