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.  It cuts costs yet helps maintain product quality and smooth operations.

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

RFgen

DECEMBER 19, 2024

In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction. Data-Driven Decision Making : Using analytics to continuously refine operations.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Supply Chain Shaman

FEBRUARY 1, 2024

I see a preponderance of reports and white papers that have lots of pages but say little. Each concept is flawed adding to, not reducing, cost and waste. The approaches add waste and increase risk when companies think that they are investing in solutions to do the opposite. The average purchased order changes 3.5

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

QAD

MAY 22, 2025

There are many ways an organization can cut supply chain costs. While there are no short-term fixes, enterprises should prioritize areas where they can make the quickest gains to reduce costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Silvon Software

MAY 6, 2025

Analytics and business intelligence (BI) are no longer optionaltheyre essential. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Flexible Delivery Options Interactive dashboards, scheduled reports, alerts, mobile access, and more.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Design Software 89

SCMDOJO

MAY 23, 2025

This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. Analytics allows organizations to move beyond intuition. With real-time dashboards, predictive models, and risk simulations, leaders can identify bottlenecks before they occur.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Procurement Analytics Analytics Software Supply Chain Planning Software 59

Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Negotiating Skills 52

Precoro

JUNE 3, 2025

Businesses often use it in retail and purchasing. 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.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Logistics Viewpoints

MAY 19, 2022

Containerization eventually reduced shipping and loading costs by at least 75%. The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. The myth of the “perfect plan”.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

Supply Chain Shaman

AUGUST 12, 2024

I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. In 8 out of 10 companies I work with, this approach creates a negative FVA introducing error and waste into the supply chain. Let me explain. So, my reply to Peter S.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 272

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Brand owners have the lowest cost of capital and could redefine the value chain to drive sustainable value, but they don’t collaborate and use these new approaches to drive value.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Logistics Viewpoints

OCTOBER 12, 2023

Nearly eight in 10 (78%) consumers consider food waste, likely out of a desire to minimize spending. Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.”

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 312

RFgen

DECEMBER 5, 2024

We’ll cover everything step by step, from the basics to advanced strategies. A practical implementation strategy you can use today. Barcode and RFID scanning drastically reduce errors and accelerate processes like receiving, picking, and shipping. Key technologies that power successful integrations.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

Supply Chain Shaman

DECEMBER 18, 2014

Tactical forecasting helps us to think through the questions of long-term asset strategies and sort through network design optimization alternatives. In contrast, the demand organization that I am advocating is an analytics group that crosses over sales and marketing into supply. 2) Invest in New Forms of Analytics. It is MUDA.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Supply Chain Design Software 279

AFFLINK

JUNE 10, 2025

For AFFLINK's partners and affiliates navigating complex procurement environments, ESG integration reshapes how supply chains are built, evaluated, and optimized. Why ESG Matters to Supply Chain Management Modern supply chain strategies extend beyond efficiency and cost containment. Innovative suppliers play a key role here.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Design Software Waste Reduction Vendor Strategies 48

Logistics Viewpoints

JUNE 28, 2024

The end result is a blending of biotechnology and artificial intelligence to help us overcome our feeble human lives by cutting down on human aging as much as possible. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.

Logistics Network Optimization Software 283

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 283

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here!

Inventory Reduction 117

Inventory Reduction Cost Reduction Strategies Price Reduction Material Savings 117

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. Companies need to carefully manage the asset and mitigate the waste. A heated debate ensued.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. According the Stop Food Waste Day website , “Stop Food Waste Day is the largest single day of action in the fight against food waste. Food waste only exacerbates the challenge — and it’s everywhere. and China, The Guardian reports.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

Supply Chain Shaman

DECEMBER 17, 2018

The lubricants are oils and greases to reduce friction and prevent moving machine parts from grinding. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Silvon Software

APRIL 16, 2025

Striking the perfect balance between available stock and cost efficiency is key. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Thats where data-driven decision-making comes in! But what exactly should you measure?

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

GlobalTranz

JANUARY 23, 2018

Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations. Sustainable Practices Will Be a Leading Focus of Supply Chain Executives.

Supply Chain Software 257

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 257

Logistics Viewpoints

MARCH 3, 2025

The risks associated with chemical manufacturing include the storage and transportation of raw materials, finished products, and waste. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. They must be.

Negotiating Skills 183

Negotiating Skills Supply Chain Design Software Modeling Software Optimal Sourcing 183

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Supply Chain Shaman

OCTOBER 8, 2019

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

MAY 26, 2025

Thus, this article explores practical strategies to help you keep production on track and build a more reliable production environment. Key Strategies to Keep Factory Production on Schedule The factory floor is a dynamic environment where each product moves through a defined sequence of operations. Stay ahead of breakdowns.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Reduction Material Savings Resource Reduction 59

SCMDOJO

APRIL 11, 2025

Enhance Inventory Management A combined CRM-Shopify platform provides past sales data, allowing procurement teams to make informed purchasing decisions. They reduced order processing by 32%, stopped overselling, and improved delivery schedules by 24% within six months. Check out this course by Vera Rozanova!

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 84

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

Jaggaer

MAY 21, 2025

Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. What is procurements role in CSRD?

Procurement Analytics 52

Procurement Analytics Material Savings Sustainability Waste Reduction 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Data Supply Chain Planning Software 195

RFgen

JANUARY 16, 2025

Spreadsheets just don’t cut it anymore. We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Key features typically include: Barcode Scanning: Quick and accurate product identification, speeding up warehouse processes and reducing errors.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. This allows Zara to make products that meet consumer tastes and reduces the number of items they must sell at a discount.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. But simply putting an S&OP strategy in place isn’t enough. logistics firms). Quantity of goods in the order.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. There are multiple good models for lean manufacturing operations. Physical reorganization cuts useless steps. Physical reorganization cuts useless steps.

Manufacturing Procurement 120

Manufacturing Procurement Agile and Lean Supply Chain Waste Reduction Inventory Reduction 120

Silvon Software

APRIL 23, 2019

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. Influenceable and Managed Spend.

Purchasing Skills 90

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90