Logistics Viewpoints

OCTOBER 17, 2024

Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Nari Viswanathan is Sr.

Manufacturing Procurement 292

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 292

Logistics Viewpoints

MARCH 19, 2025

Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers. Resilience is now taking precedence.

Supply Chain Software 254

Supply Chain Software Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 254

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 216

Optimal Sourcing Modeling Supply Chain Optimization Cost Reduction Strategies 216

SCMDOJO

APRIL 24, 2025

Excess inventory weighs down supply chains. Powered by digital tools, on-demand strategies offer a cleaner, more responsive path to production. The Hidden Costs of Traditional Inventory Models Traditional inventory models were built for predictability. But in volatile markets, they often backfire.

Waste Reduction 98

Waste Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 98

Logistics Viewpoints

MARCH 6, 2025

Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash.

Price Reduction 209

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 209

Supply Chain Shaman

JANUARY 7, 2025

Compared to peer group performance for 2013-2023, 59% of the Gartner Top 25 score below their peer group on average revenue growth, 41% below inventory turns, and 41% below their sector on invested capital. The data outcome is open source and can be used to improve project outcomes. The answer is not th e Gartner Top 25.

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logistics Viewpoints

MARCH 27, 2025

Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 330

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

ToolsGroup

MARCH 18, 2025

Your Aftermarket Supply Chain is More Complex Than You Think: Stop Guessing, Start Optimizing Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Suboptimal inventory distribution: excessive stock in low-demand locations and shortages in high-demand areas.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Inventory Reduction Waste Reduction 156

Logistics Viewpoints

APRIL 2, 2025

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Modeling 163

Modeling Modeling Software Supply Chain Planning Software Supply Chain Design Software 163

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

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Do we have a demand forecasting tool in place and, if so, how good is that forecast? But optimization is much more than that!

Supply Chain Design Software 270

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 270

ToolsGroup

MARCH 14, 2025

Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Traditional supply chain planning tools fall short for several key reasons: Inability to handle intermittent demand patterns. The outcome?

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

Logistics Viewpoints

MAY 1, 2025

Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. iPaaS provides a comprehensive set of tools for connecting applications. Smart Import is also being leveraged to accelerate data integration from various sources. RPA automates manual and repetitive tasks.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Optimal Sourcing Material Savings Predictive Analytics Software 197

ivalua

JUNE 12, 2025

This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

Enchange Supply Chain Consultancy

JUNE 10, 2025

Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. Urban vs. rural, modern trade vs. traditional trade—each requires a tailored approach.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

ToolsGroup

FEBRUARY 4, 2025

Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge. Optimize Inventory and Pricing Use AI-driven insights for stock mix optimization and dynamic pricing, reducing excess stock while meeting service level goals.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

Resilinc

JUNE 9, 2025

Both scenarios carry hidden dependencies, but overreliance on single or sole sourcing is increasingly a hidden challenge. The call to action was clear: Organizations must act now to pinpoint financial and sourcing vulnerabilities. Rising concerns over cash conversion : U.S.

Supply Chain Risk Management 138

Supply Chain Risk Management Risk Management Supply Chain Software Manufacturing Procurement 138

ToolsGroup

MARCH 19, 2025

In conventional supply chain planning , planners using basic tools (typically spreadsheets or legacy systems) forecast just one number for each item. In modern distribution networks, meeting service levels requires getting precisely the right inventory to the right locations at the right time.

Forecasting 156

Forecasting Modeling Forecasting Software Supply and Demand 156

ShipBob

JUNE 20, 2025

Table of Contents ** Minutes What is product sourcing? Where can I source products from? This makes it essential that buyers understand where they are sourcing their products from and how that ultimately affects their brand. What is product sourcing? Where can I source products from?

Purchasing Skills 64

Purchasing Skills Optimal Sourcing Sourcing Strategies Manufacturing Procurement 64

Enterra Insights

DECEMBER 17, 2024

Supply chain optimization is no longer about individual tools that solve individual problems. They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. ” Inventory optimization. ” Sourcing optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Logility

OCTOBER 24, 2024

This eliminates the need for lengthy back-and-forth communications and manual data entry by delivering a single source of truth. GenAI changes this situation by automating routine processes and providing employees with user-friendly tools that make their jobs easier.

S&OP 224

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 224

Silvon Software

MAY 6, 2025

They need visibility across multiple internal systemslike ERP, CRM, and financial platformsand even external sources shared with suppliers, partners, and customers. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Why does that matter?

Prescriptive Analytics Software 89

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

Logility

JUNE 5, 2024

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

Optimal Sourcing 188

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 188

Supply Chain Shaman

APRIL 2, 2025

All our great tools in our toolbox to improve supply chain planning, but my observation is that we are trying to AI stupid. 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. Let me explain.

Optimal Sourcing 195

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

ivalua

MAY 29, 2025

At a high level, procurement focuses on sourcing the goods and services an organization needs, while supply chain management oversees the broader flow of those goods, from raw materials to end customers. Supply Chain Management (SCM) involves orchestrating a product’s or service’s entire lifecycle, from sourcing and production to delivery.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

ToolsGroup

MARCH 3, 2025

Thats why we champion a hybrid approachone that integrates probabilistic forecasting with machine learning to deliver more accurate demand predictions and optimize inventory levels in supply chain operations. A strong statistical foundation is essential to navigate the inherent unpredictability of demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Modeling 156

ivalua

MAY 10, 2025

If you’re exploring procurement technology, chances are you’re not just looking for a better tool – rather, you’re looking for a smarter, scalable strategy. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making. What Is Procurement Technology?

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? Your plan should address technology, processes, and people.

Supply Chain Planning Software 383

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 383

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Image source: Stefan de Kok 2. For example, Aston Martin faced growing demands from an international clientele and needed to improve first-time availability without increasing inventory.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Logistics Viewpoints

MARCH 24, 2025

Customers specifically those in automotive, industrial, consumer durables, high-tech, and aerospace and defense can seamlessly connect operational, tactical, and strategic planning processes across supply chain networks to create a single source of truth for their data.

Manufacturing Procurement 151

Manufacturing Procurement Supply Chain Planning Software Scenario Planning Sourcing Strategies 151

ToolsGroup

MARCH 17, 2025

While businesses cant predict every challenge, they can take proactive steps to anticipate disruptions and strengthen their supply chain management systems with advanced demand planning tools. Lack of preparation can lead to stockouts, excess inventory, cost overruns, and service failuresnot to mention stress and sleepless nights.

Forecasting Software 156

Forecasting Software Demand Planning Software Forecasting Supply Chain Planning Software 156

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. Why is Vendor Relationship Management Important? Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. Data inventory and assessment: Conduct a comprehensive inventory of available data sources within the organization, including internal systems (e.g.,

Optimal Sourcing 307

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 307

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 329

Logistics Viewpoints

FEBRUARY 9, 2025

Large, multi-zone distribution centers demand advanced space optimization, real-time inventory tracking, and seamless coordination across multiple locations. Traditional, labor-intensive warehouses may focus more on guided workflows, labor management tools, and mobile technologies.

Supply Chain Design Software 157

Supply Chain Design Software Warehousing Procurement Solutions Optimization Software 157