article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore. They may be able to shave 15% off their costs and dodge a tariff bullet. What Is Agile Procurement?

article thumbnail

The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

Logistics Viewpoints

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.

Insiders

Sign Up for our Newsletter

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

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. Companies must react after the fact, often incurring higher costs and reduced service levels. Predictive maintenance of transportation fleets reduces downtime and repair costs.

article thumbnail

Supply Chain & Logistics News Round Up (October 7th-11th 2024)

Logistics Viewpoints

UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.

article thumbnail

How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. 📆 November 20th, 2024 at 11:00 AM PST, 2:00 PM EST, 7:00 PM GMT

article thumbnail

Ethical Considerations in Supply Chain Compliance

Logistics Viewpoints

The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. Environmental Impact: Reducing emissions, conserving resources, and adhering to environmental regulations.

article thumbnail

10 Ways A Data Gateway Improves Time to Value Across Your End-to-End Supply Chain

Logistics Viewpoints

Reduces Implementation Times Enterprises and supply chain software providers strive to reduce application implementation times. This can be achieved through low-code and self-service access, making formerly siloed data accessible to business users and data stewards, faster and with less overhead, eliminating reliance on developers.