article thumbnail

Reimagining Transportation Procurement: Leveraging Data and Technology for Smarter Freight Decisions

Talking Logistics

In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.

article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

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.

article thumbnail

Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

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.

article thumbnail

Conquering Tail Spend in 2025: New AI-Powered Tools and Strategies for Success

Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game. It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach.

article thumbnail

How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? The history of this research effort with Georgia Tech ISYE uses Y-Chart data. You are right. What should be on the scorecard?

article thumbnail

Why Organizational Alignment is Critical to the Supply Chain Response

Supply Chain Shaman

Now the writing follows the research. I mix the quantitative research with my observations and interviews, and the posts seem to roll from my fingers. If you would like to participate in a current research study, we would love your help and participation in the contract manufacturing study. (If It was a struggle!)

article thumbnail

The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

By researching the supply chain challenges and solutions that businesses – especially small and midsize businesses – are currently experiencing, we’ve learned what’s working and what’s not. Procurement strategies in response to network delays and bottlenecks. What should your plans for 2023 include?

article thumbnail

The State of Data and Insights in Healthcare Logistics

This report, produced by Worldwide Business Research, explores the progress companies have made toward supply chain digitization and logistics maturity. Readers will also find key suggestions from procurement leaders in the healthcare space on how to prepare for the future.