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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Happy Groundhog Day

Supply Chain Shaman

On February 2, in a small town in Punxsutawney, Pennsylvania on Gobbler’s Knob, an unsuspecting furry Groundhog is plucked from a burrow to predict the weather for the rest of the winter. Brand owner to contract manufacturer or third-party logistics provider to a retailer.) The gaps are large. Sadly, I won this argument.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”

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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. What are some of the main supply chain factors that are fueling this reshoring trend?

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Leverage Our Flexible Network to Respond Quickly to COVID-19’s Effects on Your Supply Chain

Stord

Monday, March 30, 2020 COVID-19 is impacting the supply chain in unpredictable ways -- Pennsylvania truck stops were temporarily closed to stop the spread of the virus, and companies who manufacture perfume are shifting production to hand sanitizer. If our network of 350+ 3PLs doesn’t have space, we’ll source it for you.

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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. This was the inaugural supply chain event for the Consumer Healthcare Products Association. During the presentation, I spoke about the future of supply chain management, and the building of outside-in processes.