article thumbnail

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

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

article thumbnail

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. But there was a cost to this.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Success in Retail Logistics with Mike Jarrett

The Logistics of Logistics

Prior to starting the company, Mike spent several years in the supply chain industry where he was Vice President of Carrier Operations for Hudson, Ohio–based Caliber Logistics (now known as FedEx Supply Chain Services). At Jarrett, the philosophy is that supply chain partners should have no limits.

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.

article thumbnail

This Week in Logistics News (June 10 – 16)

Logistics Viewpoints

By the numbers, the top challenges supply chain leaders are currently experiencing include fuel costs (59 percent), inflation (46 percent), delays outside of their control (41 percent), unpredictability (38 percent), driver shortages (32 percent), and losing business due to the economy (30 percent).

article thumbnail

10 Disruptive Issues in the Supply Chain

American Global Logistics

Specifically, we covered the threats, impacts, and mitigation strategies disrupting supply chains. Shipping delays and increased costs have led to higher prices for goods. has been working to negotiate a ceasefire in Yemen. Delays have led to higher costs for goods.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).