Logistics Viewpoints

AUGUST 5, 2021

Supply chain sustainability is a higher priority than ever. In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supply chain sustainability.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logility

OCTOBER 21, 2021

Sustainable supply chains aren’t just better for the world; they also grow long-term value for your business. A sustainable supply chain doesn’t just have a positive impact on the world. Avoid supply chain disruptions. Reduce issues at the border. Improve compliance efforts.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. As driving greater sustainability is a key factor in reducing risk.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

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 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

QAD

NOVEMBER 16, 2023

In today’s rapidly evolving consumer landscape, the way products are packaged plays a pivotal role in the success of consumer goods manufacturing and the overall supply chain. Packaging changes have impacted the procurement, manufacturing and distribution processes of organizations. It still is.

Packaging 96

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 96

SupplyShift

JUNE 6, 2023

Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a significant portion of company revenue, they play a crucial role in supply chain sustainability.

Optimal Sourcing 93

Optimal Sourcing Sustainability Procurement Supply Chain Planning 93

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic.

Cost Reduction Strategies 130

Cost Reduction Strategies Sustainability Optimal Sourcing Sourcing Strategies 130

Logistics Viewpoints

JUNE 7, 2022

Having an effective supply chain practice has always been a difficult balancing act, even in relatively stable times. Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. Gap between supply chain and procurement.

Agile and Lean Supply Chain 270

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 270

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. provide source]. Is it to protect the company’s brand?

Sourcing Strategies 130

Sourcing Strategies Purchasing Skills Sourcing Expense Reduction 130

ivalua

JANUARY 31, 2023

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. With regulatory requirements, sanctions regimes, and public scrutiny on the rise, sustainability is a top priority for every organization globally.

Procurement Solutions 246

Procurement Solutions Supply Chain Planning Software Procurement Analytics Optimal Sourcing 246

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Körber at a Glance…. 2B EUR Revenue in 2021.

Supply Chain Software 130

Supply Chain Software Supply Chain Design Software Pharmaceutical Resource Reduction 130

Logility

MARCH 8, 2022

These best practices will help make supply chain sustainability part of your operations and culture. Sustainable supply chain best practices help the environment and the people of the world, but they also make your supply chain more agile, efficient, and resilient. Map out your supply chain.

Optimal Sourcing 147

Optimal Sourcing Sustainability Supply Chain Optimization Supply Chain Planning Software 147

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 Sourcing Strategies Freight 130

ivalua

JULY 15, 2021

The world continues to change and evolve, and supply chains are not excluded from that process. In fact, currently 80% of the carbon footprint comes from the global supply chain. . Now is the time to act, and to engage your supply chain on this important global issue. .

Material Savings 130

Material Savings Sourcing Strategies Supply Chain Strategy Sustainability 130

QAD

JUNE 2, 2022

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. Impending Supply Chain Regulations.

Manufacturing Procurement 95

Manufacturing Procurement Purchasing Skills Sustainability Cost Reduction Strategies 95

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. If nothing else, the last few years highlighted the importance of sourcing strategically. How will the picture change in 2023 ? Inflation Pressure. Upcoming Recession?

Prescriptive Analytics Software 193

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 193

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

OCTOBER 10, 2022

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Logistics Viewpoints

JULY 1, 2019

Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning.

Optimal Sourcing 160

Optimal Sourcing Sourcing Supply Chain Planning Data 160

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

EC Sourcing Group

SEPTEMBER 20, 2022

Ethics in Sourcing and Procurement Management. When considering ethics in procurement management, stakeholders must act with impartiality and be transparent in all business dealings. Principles of Ethics in Procurement Management. So, what exactly are ethics in procurement management? They are: Compliance.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Purchasing Skills Sourcing Strategies 52

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months.

Supply Chain Planning Software 251

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 251

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions.

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions.

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

Logistics Viewpoints

APRIL 18, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from the team at Coupa and explores an agile and resilient supply chain. Building resiliency and agility require collaboration.

Agile and Lean Supply Chain 209

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 209

Synovos

NOVEMBER 10, 2023

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. EcoVadis is the world’s most trusted business-to-business sustainability rating.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

ModusLink Corporation

NOVEMBER 18, 2021

Green supply chain history: The origin of Supply Chain Management can be dated back to the early 20th with Henry Ford who vertically integrates the automotive supply chain and organizational practices. The idea of being sustainable is done by closing the loop and including the reuse, recycle step.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Logistics Viewpoints

OCTOBER 23, 2023

One of the ideas at the heart of the discipline of supply chain management is the importance of collaboration. The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. One of the drivers of this is sustainability.

Manufacturing Procurement 259

Manufacturing Procurement Supply Chain Design SAP Procurement 259