Remove Procurement Remove Sourcing Remove Waste Reduction
article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?

article thumbnail

ESG-Driven Supply Chains: Moving Beyond Compliance Toward Proactive Sustainability

Logistics Viewpoints

While past efforts focused on meeting compliance requirements, organizations are now working to proactively embed environmental, social, and governance (ESG) principles into their sourcing, production, and distribution activities. Building supplier capabilities while maintaining sourcing flexibility requires additional investment.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Companies must react after the fact, often incurring higher costs and reduced service levels. AI-driven logistics optimization has resulted in faster and more cost-effective deliveries.

article thumbnail

The Role of AI in Sourcing and Procurement: Benefits, Use Cases, and Roadmap

ivalua

In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Key Takeaways Understand the potential impact of AI – including Generative AI & AI Agents – in procurement.

article thumbnail

Reducing Inventory Waste Through On-Demand Production

SCMDOJO

It ties up capital, wastes storage space, and risks product obsolescence. By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Powered by digital tools, on-demand strategies offer a cleaner, more responsive path to production.

article thumbnail

Amul’s Optimized Supply Chain: Driving Global Growth in the Dairy Industry

Logistics Viewpoints

Amul’s model supports small producers by integrating large-scale economics, cutting out intermediaries, and connecting producers directly with consumers. Direct Procurement : Milk is collected directly from farmers at the village level. This reduces intermediaries, ensuring that farmers receive a higher price for their milk.

article thumbnail

Reinventing Supply Chains: Focus on Human Factors

Supply Chain Shaman

In May, the total number of job cuts in the US were 696,309 – an increase of 80% from the 385,859 jobs cut in the first five months of 2024. During the first week of June 2025, job cuts continued with 90,000 layoffs with iconic brands like Kimberly-Clark (1500-1900), Microsoft (6,000), P&G (7000), and Wal-Mart (1,500).