article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sustainable Food Waste Management for Food Industry SMEs

Unleashed

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. Sustainable food waste management therefore looks at strategies to reduce waste where it occurs, before it occurs. How can food and beverage manufacturers reduce their waste?

article thumbnail

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. Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery.

article thumbnail

Labor Strike Targeting U.S. Automakers- Update Five

Supply Chain Matters

More Significant Development As noted in last week’s update , the UAW labor union has been utilizing a novel work stoppage strategy that targets each of the three individual U.S. In this fifth Supply Chain Matters weekly reader update, we highlight the latest developments related to ongoing UAW labor strike involving the big three U.S.

article thumbnail

10 Disruptive Issues in the Supply Chain

American Global Logistics

Specifically, we covered the threats, impacts, and mitigation strategies disrupting supply chains. Consumers have seen their purchasing power eroded. Most recently, on February 21, 2024, cyber criminals attacked Cencora , a drug distributor in Pennsylvania. Businesses have faced higher costs for raw materials and labor.

article thumbnail

Inspiration, Education, and Practical Advice: Modern Supply Chain Experience 2018

Oracle SCM

And we’re proud and honored to feature stories from customers such as The Wonderful Company , Church and Dwight , Actuant , Seagate , Cisco , APL Logistics , and NLMK Pennsylvania. Manufacturing. Procurement. Keeping up with the latest supply chain strategies and technologies is paramount to success in the industry.

San Jose 110