Logistics Viewpoints

OCTOBER 21, 2024

Procurement became a logical place for leading healthcare systems to focus. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We

Negotiating Skills 293

Negotiating Skills Supply Chain Design Software Manufacturing Procurement Agile and Lean Supply Chain 293

ivalua

MAY 21, 2025

Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. This blog explores the most common challenges in digital procurement and the capabilities that matter most.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Analytics Software 130

Logistics Viewpoints

MARCH 26, 2025

Operational Benefits of AI-Driven Supply Chain Planning Cost Reduction AI enables cost reductions by optimizing inventory management, logistics, and procurement. AI-driven procurement tools analyze pricing trends and supplier performance to negotiate better contract terms.

Supply Chain Planning Software 224

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 224

Logistics Viewpoints

OCTOBER 17, 2024

Adopt a Holistic Direct Spend strategy Move beyond isolated tactics and adopt a holistic, approach to direct spend that integrates sourcing, contract management, procurement and invoicing. This means involving procurement in the highest levels of strategic planning and decision-making.

Manufacturing Procurement 298

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

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 96

S&OP Optimal Sourcing Supply and Demand Material Savings 96

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. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

APRIL 10, 2025

Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Its not replacing human judgment, but it is improving the quality and speed of that judgment. The ability to pressure-test decisions before committing real resources significantly improves response quality.

Optimal Sourcing 218

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 218

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? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

ivalua

MARCH 16, 2020

Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. Media Contact. Tom Reynolds / Robert Fretwell. 0207 436 0420.

Optimal Sourcing 49

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement 49

Logistics Viewpoints

FEBRUARY 25, 2025

However, shifting suppliers requires careful ROI evaluation of cost, quality, and lead time considerations to avoid redundancy, especially where it does not add adaptability. Standardizing materials across multiple products can enable greater flexibility in supplier selection and procurement.

Manufacturing Procurement 250

Manufacturing Procurement Inventory Reduction Price Reduction Material Savings 250

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Logistics Viewpoints

DECEMBER 30, 2024

The most common trading partner collaborative processes covered in MSCN suites are purchase order/procurement collaboration, demand forecast collaboration and the transportation shipper tender/carrier accept process. They also cover supplier-managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration.

Supply Chain Planning Software 306

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Scenario Planning 306

Logistics Viewpoints

APRIL 23, 2025

Each reformulation may involve regulatory submissions, quality assurance reviews, and potential consumer communication strategies. Companies may need to revise inventory strategies and adjust procurement lead times accordingly. Cold chain infrastructure may be necessary for both raw material and finished goods transport.

Manufacturing Procurement 175

Manufacturing Procurement West Virginia Food Sourcing Strategies 175

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

Supply Chain Planning Software 47

Supply Chain Planning Software Optimal Sourcing Study Supply Chain Software 47

Procurement Academy

FEBRUARY 4, 2025

Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Optimal Sourcing 59

Logistics Viewpoints

AUGUST 11, 2022

This may include decision-makers from IT, finance, operations, sales, and procurement. A well-vetted, right-fitting RTTVP solution can equip you with the insights you need to balance speed, quality, and cost. How to Select a TMS Visibility Platform for Improved Speed, Quality, and Cost appeared first on Logistics Viewpoints.

Supply Chain Planning Software 264

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 264

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. It doesnt have to be that way.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Supply Chain Design Software 52

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing.

Supply Chain Software 321

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 321

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Here are some key insights from the e-book.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 52

Procurement Academy

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Negotiating Skills 59

Negotiating Skills Optimal Sourcing Buyer Training Pricing Training 59

SCMDOJO

JUNE 3, 2025

Before digital tools entered the scene, thats almost exactly what procurement used to feel like. AI in Procurement Estimates: Explore the ways in which predictive analytics provide tailored insights for better decision-making. Many platforms factor in material quality and local supply availability to give exact figures quickly.

Negotiating Skills 54

Negotiating Skills Predictive Analytics Software Supply Chain Design Software Supply Chain Software 54

Logistics Viewpoints

APRIL 29, 2025

Customers recognize the MISUMI brand for strict quality conformance, global logistics excellence, and scalability offered by digital tools and unique customization capabilities. Based in Japan, MISUMI supplies mechanical components, tools, consumables, and other products to more than 318,000 companies worldwide.

Manufacturing Procurement 155

Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software Manufacturing 155

Jaggaer

FEBRUARY 13, 2025

By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies. As companies seek to address these issues, the role of procurement is changing.

Material Savings 52

Material Savings Price Reduction Manufacturing Procurement Optimal Sourcing 52

QAD

MAY 22, 2025

Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Logistics Viewpoints

JULY 23, 2024

Not All Data is Created Equal Just as a gourmet meal requires the perfect quantity and quality of ingredients, your AI-powered supply chain needs the right mix of data to work its magic. Assess the quality, granularity, timeliness, and relevance of each data source to determine its suitability for AI-driven analysis.

Optimal Sourcing 312

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 312

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Procurement Academy

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Resource Reduction 52

Resource Reduction Vendor Strategies Cost Reduction Strategies Price Reduction 52

Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession? efficiency gap.

Negotiating Skills 52

Negotiating Skills Buyer Training Optimal Sourcing Negotiate Pricing 52

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. Do you give suppliers accurate forecasts?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Evaluating Non-Price Factors – Beyond price, there are often non-price factors that need to be considered, such as ESG , quality, delivery timelines, technical expertise, and supplier reputation.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Precoro

JUNE 3, 2025

Category management isn’t just another procurement trend. What procurement teams need is a clear view of their spend, tighter control, and a strategy that delivers lasting value—exactly what category management provides. The goal is to get the best results from every category. It’s tactical and short-term.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

RFgen

DECEMBER 4, 2024

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. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Shift in cycles. Over the past three years, supply chain cycles shifted.

Supply Chain Planning Software 418

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 418

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

Jaggaer

APRIL 16, 2025

How Intake and Orchestration AI Are Reshaping Procurement If youve been paying attention to technology developments in procurement, youve probably come across the term Intake & Orchestration. They now expect procurement to follow suit, with solutions that are not just smarter, but increasingly self-driving.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Modeling Software 52

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105