Remove Procurement Analytics Remove Warehousing Remove Waste Reduction
article thumbnail

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

Logistics Viewpoints

The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.

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. Each model has its perks, and choosing the best fit can feel like walking a tightrope. Keep reading to learn: What is centralized purchasing? What is centralized purchasing?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

article thumbnail

8 Warehouse Optimization Tips from Manufacturing Experts

RFgen

In the age of same-day delivery and rising consumer expectations, there is immense pressure on warehouses to perform at peak efficiency. But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in.

article thumbnail

Energy Transition in Supply Chain

Logistics Viewpoints

For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. And more consumers are looking at sustainability as a key motivator for purchasing. When looking at energy transition in the supply chain, there are two big opportunities to look at: warehousing and transportation.

article thumbnail

What Today’s Modern BI Systems Do That Legacy Reporting Tools Can’t

Silvon Software

Analytics and business intelligence (BI) are no longer optionaltheyre essential. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Early BI systemsmostly OLAP toolsrelied heavily on pre-processed data from warehouses.

article thumbnail

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. But, it can be overdone.