Logistics Viewpoints

OCTOBER 15, 2024

In the 1940s, Gujarat’s dairy farmers united against exploitative pricing by private firms, led by Verghese Kurien. This laid Amul’s foundation, empowering farmers with fair prices and delivering quality dairy products to consumers at affordable rates. This empowers them to have a stake in the business and share profits.

Optimal Sourcing 271

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 271

ToolsGroup

MARCH 11, 2025

Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand forecasting technology requires a strategic approach that clearly demonstrates value.

Forecasting 156

Forecasting Inventory Reduction Forecasting Software Price Reduction 156

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. They are no longer just vendors of goods and services.

Manufacturing Procurement 276

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 276

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supply chains leaders are using to win at demand forecasting. weather, social media trends).

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supply chains leaders are using to win at demand forecasting. weather, social media trends).

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. This gives them advance warning so they can adjust their purchasing strategies. Here are the topics we’ll cover at a glance : What is AI in procurement?

Price Reduction 91

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 91

Logistics Viewpoints

NOVEMBER 19, 2024

The onus is on ecommerce retailers to control the controllables, and focusing on eliminating uncertainty from the consumer fulfillment process and optimizing the last mile is a smart approach. By mapping customer delivery personas to the delivery choices they offer, retailers can improve fulfillment certainty to protect margins.

Resource Reduction 205

Resource Reduction Price Reduction Cost Reduction Strategies Vendor Strategies 205

ToolsGroup

OCTOBER 14, 2024

Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. This optimal inventory positioning leads to increased customer satisfaction, reduced downtime for clients, and improved brand reputation.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. When they’ve found the best option, the procurement team works to negotiate pricing, discounts, and long-term terms.

Pricing Training 93

Pricing Training Expense Reduction Price Reduction Purchasing Training 93

Supply Chain Shaman

FEBRUARY 4, 2025

Functional Metrics and the Lack of Alignment to Strategy. Few companies are clear on the number of supply chains they operate, design the rhythms and cycles of each, and align metrics to the strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin. Guess what? It doesn’t.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

The Logistics of Logistics

NOVEMBER 5, 2024

He is responsible for driving strategy, customer engagement, and industry analysis. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx. Prior to his career in logistics, Adamo worked in pricing and analytics at a deregulated energy provider.

Optimal Sourcing 246

Optimal Sourcing Freight Analytics Software Forecasting 246

Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. These strategies, however, need sales and marketing consent to implement. This is where finance can help.

Cost Reduction Strategies 307

Cost Reduction Strategies Material Savings Resource Reduction Price Reduction 307

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience. Technology integration: Leveraging digital tools to enhance visibility and decision-making.

Sourcing Strategies 92

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 92

The Logistics of Logistics

FEBRUARY 27, 2025

Neal Huffman and Joe Lynch discuss Farelanes: real time lane pricing for everyone. Neal is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. Farelanes Gold: Aimed at shippers, offering comprehensive pricing insights.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Price Reduction Analytics Software Supply Chain Design Software 134

ToolsGroup

DECEMBER 17, 2024

Optimizing inventory in season reduces the risk of costly stockouts and overstocks, enabling businesses to preserve strong margins and profitability, even during periods of uncertainty. engines have achieved profit increases of 12% on average, driven by a 25% reduction in stockouts and a 20% increase in turns.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Cost Reduction Strategies 156

ToolsGroup

JANUARY 21, 2025

This year’s conference brought together industry leaders, tech pioneers, and retail professionals to address challenges and opportunities, to explore technologies and strategies that promise to revolutionize the industry. Here are the key insights we gathered firsthand at this year’s event.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

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. While the bullwhip effect is often associated with rapid shifts in demand, it can also be triggered by inaccurate forecasting, order batching, and price fluctuations.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

Arena Solutions

NOVEMBER 21, 2024

To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Historically, manufacturers would offshore their operations to reduce labor costs; however, times have changed. Moreover, U.S.

Material Savings 72

Material Savings Expense Reduction Sourcing Strategies Cost Reduction Strategies 72

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

ToolsGroup

OCTOBER 14, 2024

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. As a result, the solution helped minimize stockouts, reduce costs, and streamline operations. This method allows planners to respond promptly to emergencies reducing overstock and minimizing stockouts.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

BlueYonder

JANUARY 16, 2025

That means consumers everywhere are making resolutions, joining gyms, journaling, cutting back on alcohol and calories, and engaging in other self-improvement activities. And, since the cost of processing a return averages about 30% of the products original price , this storm of product returns is every retailers nightmare.

Cost Reduction Strategies 68

Cost Reduction Strategies Resource Reduction Price Reduction Price Mitigation Strategies 68

SCMDOJO

MARCH 12, 2025

One negotiation strategy that often plays a crucial role in achieving practical outcomes is compromising negotiation. While often perceived as a middle-ground approach, supply chain negotiation strategies require strategic application to ensure long-term value and sustainability.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

MARCH 21, 2023

Tightening of organizational belt-cutting to improve cash. The traditional efficiency model, embraced by most organizations as the definition of supply chain excellence, focuses on the reduction of labor costs. Define the role of inventory in your strategy and understand the trade-offs of cost on cash-to-cash. Rising inflation.

Inventory Reduction 394

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 394

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Predictive Analytics Software 352

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 352

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Prescriptive Analytics Software 415

Prescriptive Analytics Software Supply Chain Design Software Modeling Supply Chain Planning Software 415

Enterra Insights

FEBRUARY 25, 2025

GLP-1 agonists are used to treat type 2 diabetes and, more recently, to help reduce weight. … [It involves] re-positioning existing SKUs as companion products for consumers on GLP-1 drugs, from gut health products to counter unpleasant GI side effects to supplements to mitigate nutrient gaps caused by reduced food intake.”

Price Reduction 130

Price Reduction Food S&OP Beverage 130

ToolsGroup

NOVEMBER 12, 2024

ToolsGroup was named the leader in the 2024 SPARK Matrix™for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. For more available research, please visit [link].

ToolsGroup 156

ToolsGroup Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 156

Jaggaer

FEBRUARY 5, 2025

Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Enterra Insights

DECEMBER 5, 2024

”[4] Like Goodman, they note that the pandemic motivated many companies to rethink their supply chain strategies. They describe three such strategies: • Reshoring. ” All three of those strategies involve geographical considerations in one way or another. ” • Diversification. Footnotes [1] Peter S.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Gartner Supply Chain Strategy Inventory Reduction 130

SCMDOJO

JANUARY 9, 2025

This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98