Remove Pricing Training Remove Sourcing Remove Warehousing
article thumbnail

AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.

article thumbnail

The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

Reliance on fossil fuels creates additional challenges: Economic Vulnerability: Volatile oil prices and geopolitical conflicts increase financial risks. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Transparent sourcing practices build trust among consumers and investors.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Centralized Purchasing System – Key Benefits and Effective Strategies

Precoro

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

article thumbnail

The Leadership Retention Crisis in Fleet Operations, and Why It Matters to the Supply Chain

Supply Chain Brain

Every time a fleet manager leaves, strategic initiatives are put on hold while a new leader starts from scratch, relearns the operation, and gets buy-in all over again. Strong supplier agreements and pricing structures depend on consistent leadership. Invest in formal management training. It’s not just savings. Compliance risks.

article thumbnail

Essential Supply Chain KPIs to Track for Enhanced Decision Making

SCMDOJO

Control Costs: Track value beyond just the purchase price and manage inventory effectively. A lower TCO indicates better value sourcing, even if the initial purchase price isn’t the absolute lowest. Is the initial negotiation focused too much on price alone? Supplier lateness? Logistics issues?

article thumbnail

Purchase Price Variance (PPV)! A Profit or Loss Opportunity?

Supply Chain Game Changer

Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. In my experience proactive, attentive, and detailed Purchase Price Variance (PPV) can make an incredible contribution to the profitability of a company. What is Purchase Price Variance (PPV)?

article thumbnail

Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

Currently, most driverless opportunities are limited to secure private zones or closed environments, such as warehouses, campus environments or last mile runs from depot to front door. What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. Curiouser and Curiouser. In a word, it’s data.