article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. What Is Agile Procurement?

article thumbnail

At St. Luke’s, Supply Chain Excellence Depends Upon Doctor Involvement

Logistics Viewpoints

This lowered hospitals’ margins and created an impetus for hospital chains to begin to tackle costs, but to do so in a manner that did not compromise patient outcomes. Procurement became a logical place for leading healthcare systems to focus. We didn’t have enough strategic personnel,” Mr. Wengert said. “We

Insiders

Sign Up for our Newsletter

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

article thumbnail

AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics. Key Insight: The use of AI in supply chain automation is producing tangible benefits across procurement, warehousing, and logistics.

article thumbnail

Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management

Freightos

Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.

article thumbnail

Supply Chain & Logistics News Round-Up (December 30th 2024- January 2nd 2025)

Logistics Viewpoints

Last year there were widespread strikes of ports on the East Coast, they were halted by a bandaid solution but the United States Maritime Alliance is set to resume contract negotiations on January 7th. It emphasizes the importance of cost savings, supply base rationalization, risk management, strategic foresight, and supplier collaboration.

article thumbnail

How to Build a Successful Procurement Strategy in 2025

ivalua

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?

article thumbnail

How to Build a Successful Procurement Strategy in 2025

ivalua

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?