article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. In the intricate web of modern supply chain management, efficiency often guides decision-making. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Agile Strategic Sourcing for a Resilient Supply Chain

The Logistics & Supply Chain Management Society

The unprecedented growth of e-commerce has led to a greater demand for the timely and efficient delivery of goods. The complexity and interconnectedness of the global supply chain have led to organisations becoming more dependent on suppliers than ever before.

article thumbnail

Driving a Responsive, Sustainable and Efficient Food Supply Chain

DELMIA Quintiq

This could have important strategic implications for retailers and F&B companies, including pricing strategies, marketing, promotion, product mixes and volume expectations. Embracing digital and automated processes will enable increased traceability of ingredients and improved inventory monitoring for faster and more efficient processing.

article thumbnail

Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

article thumbnail

Supercharging Fulfillment for a More Efficient, Customer-Centric Supply Chain

BlueYonder

It’s easy to think about fulfillment as comprising the final steps in the supply chain, but the truth is that the conditions faced in warehouses and delivery vehicles are determined much earlier in the supply chain than in the last mile, so to speak. Adopting a customer-centric approach can help achieve this.

article thumbnail

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

If resilience is the panacea to today’s supply chain challenges, it seems that everyone has a different prescription. Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them.

article thumbnail

How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

Continual technological changes necessitate adjustments to manufacturing and supply chain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly.

article thumbnail

S&OP Reimagined: Overcoming the New Normal with a Revamped S&OP Process

Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker

The still-persistent effects of the pandemic have made it clear that the skills and tools that characterize traditional S&OP are not enough to respond to unprecedented interruptions. Join this exclusive webinar with internationally experienced supply chain executive Fernando Penteado to discover the solutions you need.