ivalua

MAY 29, 2025

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.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

Supply Chain Shaman

JANUARY 7, 2025

The problem is that the reduction of costs within one function does not necessarily drive value. For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? What should we do? Never start with the process definition.

Optimal Sourcing 367

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

Logistics Viewpoints

MAY 1, 2025

Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. A customer story highlighted saving thousands of hours annually and improving on-time delivery through automating part order processing. Automate: utilizes technologies such as RPA, IDP, and IPaaS.

Prescriptive Analytics Software 203

Prescriptive Analytics Software Optimal Sourcing Material Savings Predictive Analytics Software 203

Logistics Viewpoints

OCTOBER 24, 2024

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. However, those savings can leak away in several different ways.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

Logistics Viewpoints

OCTOBER 21, 2024

Procurement became a logical place for leading healthcare systems to focus. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We

Negotiating Skills 293

Negotiating Skills Supply Chain Design Software Manufacturing Procurement Agile and Lean Supply Chain 293

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 96

S&OP Optimal Sourcing Supply and Demand Material Savings 96

Logistics Viewpoints

APRIL 23, 2025

From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Each reformulation may involve regulatory submissions, quality assurance reviews, and potential consumer communication strategies.

Manufacturing Procurement 175

Manufacturing Procurement West Virginia Food Sourcing Strategies 175

Logistics Viewpoints

JANUARY 3, 2025

This facility will produce material for electric vehicle (EV) battery anodes, reducing reliance on Chinese imports. BSR Releases Their Future of Supply Chains 2025 Outlook The Future of Supply Chains 2025 primer by BSR outlines key procurement priorities and forces of change that will shape supply chains.

Supply Chain Software 298

Supply Chain Software Negotiating Skills Supply Chain Planning Software Purchasing Training 298

RFgen

DECEMBER 19, 2024

Supply Chain Resilience: Strategic partnerships with reliable suppliers guarantee consistent material availability, regardless of production scale. Dependencies on suppliers who cant meet increased demand can lead to material shortages and production delays. This reliability prevents bottlenecks and keeps production flowing smoothly.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

SCMDOJO

APRIL 24, 2025

By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Powered by digital tools, on-demand strategies offer a cleaner, more responsive path to production. Raw materials, energy, and labor go into making goods that never get used.

Waste Reduction 98

Waste Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 98

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

Logistics Viewpoints

JANUARY 6, 2025

Change management was not solely focused on suppliers, buyers, and material managers all had to change how they operated. There were 65 material managers included in the initial rollout. For material managers, he made the case that they would be much more likely to get their inbound supplies on time. He needed to influence them.

Supply Chain Transformation 304

Supply Chain Transformation Supply Chain Software Purchasing Training Buyer Training 304

ModusLink Corporation

JANUARY 30, 2025

Factors such as geopolitical shifts, extreme weather events, raw material shortages, and infrastructure challenges can significantly impact operations. Effective demand planning also optimizes inventory levels, reducing costs associated with storage and carrying inventory.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

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. Solution: Real-time scenario planning combined with agile sourcing strategies to maintain supply chain continuity.

Modeling 130

Modeling Optimal Sourcing Manufacturing Procurement Material Savings 130

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 290

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 290

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Logistics Viewpoints

JANUARY 29, 2025

The law requires importers to provide clear and convincing evidence of a forced-labor-free supply chain and tasks the Forced Labor Enforcement Task Force with devising enforcement strategies. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. trillion in trade.

Study 279

Study Global Supply Chain Planning Software Modeling Software 279

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm also faced a raw material shortage.

Sourcing Strategies 278

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 278

Enterra Insights

DECEMBER 17, 2024

That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. The SAP staff explains, “The good news is that you can now leverage smart technologies and tools to better power increasingly sophisticated supply chain optimization strategies.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Logistics Viewpoints

JUNE 29, 2023

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

Manufacturing Procurement 274

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 274

Procurement Academy

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Resource Reduction 52

Resource Reduction Vendor Strategies Cost Reduction Strategies Price Reduction 52

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale. Early pay discounts or extended payment terms.

Optimal Sourcing 289

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 289

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. To achieve this, having the right planning solution is crucial.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 299

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 299

Precoro

JUNE 3, 2025

Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation. The goal is to get the best results from every category.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Optimal Sourcing 246

Optimal Sourcing Supply Chain Software Procurement Sourcing Strategies 246

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Various supply chain optimization techniques, such as detailed planning, assessing current practices, and automating processes, can significantly enhance efficiency and reduce costs. Let’s dive in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 314

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 314

LSCMS

DECEMBER 15, 2023

LeMaster highlighted the variety of subcommittees within the council, including those focusing on digitalisation, ocean procurement, and air freight procurement, all working collaboratively to share best practices and spearhead change. This can have several implications for the industry: 1.

Sustainability 130

Sustainability Resource Reduction Waste Reduction Material Savings 130

Supply Chain Shaman

NOVEMBER 15, 2023

In the PWC survey, the focus for the supply chain leader for the next 12-18 months is cost reduction, which raises questions for me and makes me sad. Based on the Supply Chains to Admire analysis, the first question is: Why do the cost reduction strategies not translate into operating margin improvement against peer groups?

Supply Chain Planning Software 419

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 419

RFgen

FEBRUARY 25, 2025

This article will examine the causes of these phenomena, provide real-world examples from different industries, and offer strategies to mitigate their effects. This is often done to take advantage of economies of scale, such as quantity discounts or reduced shipping costs.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 94

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 299

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 289

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 289