Logistics Viewpoints

FEBRUARY 4, 2025

Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. Rooftop solar systems offer several advantages, including reduced energy costs, lower carbon emissions, and enhanced energy security.

Supply Chain Design Software 279

Supply Chain Design Software Waste Reduction Resource Reduction Cost Reduction Strategies 279

ivalua

FEBRUARY 10, 2023

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.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logistics Viewpoints

MARCH 26, 2025

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Companies must react after the fact, often incurring higher costs and reduced service levels. AI-driven logistics optimization has resulted in faster and more cost-effective deliveries.

Supply Chain Planning Software 239

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 239

Logistics Viewpoints

MARCH 4, 2025

auto parts are sourced from Mexico, making the tariff impact immediate and severe. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production. production at its South Carolina plant to reduce reliance on North American imports. Approximately 40% of U.S.

Mexico 256

Mexico Canada Inventory Reduction Cost Reduction Strategies 256

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 290

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 290

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. Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources.

Manufacturing Procurement 298

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 298

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. Contract analysis AI in sourcing and procurement is transforming contract management by automating key tasks like contract review, compliance tracking, and renewal alerts.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

DELMIA Quintiq

OCTOBER 11, 2021

The way forward implies resiliency in all aspects of the business, and for manufacturing in particular, this means implementing the right strategies as stepping stones to build and drive strategic flexibility. The answer lies in a digital transformation strategy that delivers optimal ways of working. How can this be achieved?

Sourcing Strategies 296

Sourcing Strategies Waste Reduction Resource Reduction Price Reduction 296

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. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.

Manufacturing Procurement 200

Manufacturing Procurement West Virginia Food Sourcing Strategies 200

Logistics Viewpoints

MAY 11, 2025

vehicle imports remains in place, though discussions on reducing it are ongoing. Steel and Aluminum The agreement eliminates the 25% tariffs previously applied to UK steel and aluminum exports to the U.S. ethanol exports to the UK have been eliminated. Exports beyond this threshold will be subject to a 27.5% Tariffs on U.S.

Negotiating Skills 165

Negotiating Skills Pharmaceutical Cost Reduction Strategies Price Reduction 165

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 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Logistics Viewpoints

APRIL 14, 2025

The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance.

Optimal Sourcing 248

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 248

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

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

Freightos

APRIL 23, 2025

It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. Ready to Transform Your Freight Operations?

Optimal Sourcing 227

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 227

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. Image source: Stefan de Kok 2. weather, social media trends).

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. The desire to improve service, reduce cost, and reduce emissions, is part of the reason their customer Unilever selected their solution.

Cost Reduction Strategies 319

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 319

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 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

ToolsGroup

MARCH 25, 2025

Beyond simply improving forecast accuracy, todays ML-powered demand forecasting software uncovers hidden supply trends, anticipates pricing fluctuations, and enables proactive supply chain planning decisions. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

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 146

Logistics Network Optimization Software Price Reduction Analytics Software Supply Chain Design Software 146

Logistics Viewpoints

JANUARY 16, 2025

AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data.

Modeling Software 299

Modeling Software Supply Chain Design Software Optimization Software Predictive Analytics Software 299

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. ” Sourcing optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Precoro

MARCH 27, 2025

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. It cuts costs yet helps maintain product quality and smooth operations. Negotiate better contract terms.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Logistics Viewpoints

FEBRUARY 7, 2025

tax-free, could lead to higher prices and delays for consumers, impacting companies that rely on low-cost imports from China. SEFE will manage global ammonia sourcing and distribution through Germanys hydrogen core grid, while Hegh Evi will provide midstream infrastructure, including shipping and floating ammonia-to-hydrogen conversion.

Logistics Network Optimization Software 265

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 265

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Logistics Viewpoints

NOVEMBER 8, 2022

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

Optimal Sourcing 289

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 289

Logistics Viewpoints

FEBRUARY 7, 2025

tax-free, could lead to higher prices and delays for consumers, impacting companies that rely on low-cost imports from China. SEFE will manage global ammonia sourcing and distribution through Germanys hydrogen core grid, while Hegh Evi will provide midstream infrastructure, including shipping and floating ammonia-to-hydrogen conversion.

Logistics Network Optimization Software 241

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 241

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? Sourcing locally is not just beneficial for individual businesses but the entire local economy.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

SCMDOJO

APRIL 3, 2025

Supply chain leaders must adapt and use smart strategies to remain competitive. They can raise consumer prices, reduce imports, change trade patterns, and cause other countries to retaliate. For businesses, tariffs increase costs, disrupt supply chains, and reduce profits. Can you increase prices for customers?

Negotiating Skills 95

Negotiating Skills Resource Reduction Price Reduction Cost Reduction Strategies 95

ToolsGroup

APRIL 17, 2025

Reducing Demand Variability Machine learning algorithms filter out random fluctuations and focus on true demand signals, resulting in: More precise demand forecasts Fewer inventory miscalculations Increased supply chain efficiency 2. AI models reduce “black box” effects by isolating machine learning contributions.

Forecasting 156

Forecasting Modeling Supply and Demand Optimal Sourcing 156

The Logistics of Logistics

NOVEMBER 11, 2022

Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. Dawn is the CEO and Chief Product Officer at Greenscreens.ai , a dynamic pricing infrastructure for the truckload spot rate market that delivers buy and sell-side market intelligence and business insights to help companies grow and protect their margins.

Price Reduction 245

Price Reduction Logistics Network Optimization Software Predictive Analytics Software Demand Planning Software 245

SCMDOJO

APRIL 15, 2025

However, building such a supply chain requires smart strategies , the right partners, andmost importantlythe ability to adapt quickly when things go wrong. In this article, well explore proven strategies to safeguard your supply chain, minimize risks, and keep your business running smoothly, no matter what obstacles lie ahead.

Vendor Strategies 70

Vendor Strategies Sourcing Strategies Price Reduction Resource Reduction 70

Logistics Viewpoints

JUNE 14, 2022

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.

Waste Reduction 289

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 289

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 70

Material Savings Expense Reduction Sourcing Strategies Cost Reduction Strategies 70