Precoro

DECEMBER 24, 2024

Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. Contract analysis AI in sourcing and procurement is transforming contract management by automating key tasks like contract review, compliance tracking, and renewal alerts.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

APRIL 14, 2025

The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance.

Optimal Sourcing 234

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 234

ivalua

JUNE 5, 2025

Aligning procurement and purchasing ensures efficiency, cost control, and reduced risk across the organization. Learn how you can streamline procurement and purchasing to gain control, boost compliance, and cut costs. It aligns sourcing decisions with broader business goals and supports innovation, compliance, and resilience.

Procurement Solutions 130

Procurement Solutions Purchasing Skills Optimal Sourcing Negotiating Skills 130

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Enchange Supply Chain Consultancy

JUNE 10, 2025

Now for the Do’s & Don’ts In the dynamic world of FMCG, your Route to Market (RTM) strategy and distributor partnerships can make or break your brand’s success. Do Foster Long-Term Partnerships : Treat distributors as strategic partners, not just transactional vendors. Digital visibility enhances agility and decision-making.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

Logistics Viewpoints

APRIL 23, 2025

From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.

Manufacturing Procurement 172

Manufacturing Procurement West Virginia Food Sourcing Strategies 172

Logistics Viewpoints

OCTOBER 24, 2024

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. I have been to other vendors’ procurement conferences and cannot recall seeing similar functionality.

SAP 292

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 292

Precoro

NOVEMBER 11, 2024

These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. This lack of coordination means that different departments might be sourcing from suppliers that don’t follow sustainable practices or social responsibility standards.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

GlobalTranz

APRIL 15, 2025

Create Short-Term and Long-Term Shipping Strategies Tip: To successfully navigate import tariff challenges, it's essential to have both short-term and long-term shipping strategies in place. They will analyze your current shipping processes and develop strategies to optimize your logistics operations.

Material Savings 156

Material Savings Negotiating Skills Optimal Sourcing Sourcing Strategies 156

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience. Technology integration: Leveraging digital tools to enhance visibility and decision-making.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

ivalua

JUNE 17, 2025

The rise of AI technology combined with Source-to-Pay (S2P) digitization are becoming key allies for leading procurement teams in their quest for ever smarter workflows, improved insights, and data-based decision-making. Discover proven strategies to mitigate supplier risks in our latest blog on Supplier Risk Management (SRM).

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Analytics Software 100

Logistics Viewpoints

JANUARY 16, 2025

All supply chain vendors seek to position themselves as leaders in supply chain AI. AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. ChatGPT Search : This feature gives users a way to get answers from relevant web sources.

Modeling Software 293

Modeling Software Supply Chain Design Software Optimization Software Predictive Analytics Software 293

Logistics Viewpoints

JANUARY 21, 2025

data extractors, search APIs) to perform tasks, enabling them to dynamically adjust to new information and real-time knowledge sources. This architecture enables: Complex Workflow Orchestration: Multi-agent systems can orchestrate complex workflows in minutes, significantly reducing the time and resources required for complex tasks.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 292

ivalua

MAY 10, 2025

If you’re exploring procurement technology, chances are you’re not just looking for a better tool – rather, you’re looking for a smarter, scalable strategy. Broadly speaking, procurement technology encompasses the digital e-procurement tools and systems used to automate, streamline, and optimize the entire Source-to-Pay (S2P) lifecycle.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

SCMDOJO

APRIL 15, 2025

With supply chains stretching across borders and relying on multiple vendors, the risks are highbut so are the opportunities. However, building such a supply chain requires smart strategies , the right partners, andmost importantlythe ability to adapt quickly when things go wrong. Vet thoroughly.

Vendor Strategies 73

Vendor Strategies Sourcing Strategies Price Reduction Resource Reduction 73

Precoro

MARCH 27, 2025

That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses. It cuts costs yet helps maintain product quality and smooth operations. Negotiate better contract terms.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. That’s where data analytics comes in. Ready to get started?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

ivalua

MAY 21, 2025

Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy. AI and automation boost procurement’s strategic impact, helping teams reduce risk, ensure compliance, and forecast spend. Today, Generative AI is expanding the impact of procurement even more.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Analytics Software 130

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Logistics Viewpoints

MAY 13, 2025

But now, it’s being activated through AI agents designed to automate sourcing, manage risk in real time, and reduce the friction thats long plagued procurement and finance functions. This move positions Coupa as the full-stack provider for planning, execution, and optimization in global sourcing. One standout moment?

Las Vegas 136

Las Vegas Optimal Sourcing Sourcing Strategies San Francisco 136

Logistics Viewpoints

JUNE 16, 2025

Our goal is to underscore the need for industries to move beyond individual disaster recovery plans and embrace a collective resilience strategy. This is a two-way street, since the spirit of cooperation (and of cross-industry learning) cuts both ways.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 151

Logistics Viewpoints

FEBRUARY 26, 2025

Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. This will enable diamond jewelry consumers at scale to engage with the unique journeys their diamonds have taken from source.

Supply Chain Software 215

Supply Chain Software Pharmaceutical Supply Chain Network Software Optimal Sourcing 215

Logistics Viewpoints

APRIL 28, 2025

Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency. Different manufacturers and vendors often use different protocols and systems, making integrations resource intensive from both a capital and personnel perspective.

Real-time Visibility 151

Real-time Visibility Logistics Network Optimization Software Supply Chain Design Software Modeling Software 151

Logistics Viewpoints

FEBRUARY 9, 2025

Mapping WMS Solutions to Warehouse Complexity If your warehouse complexity is low, heres the good news: you have plenty of vendors to choose from. When selecting a system, focus on factors like technical architecture, vendor and product viability, total cost of ownership (TCO), and time to value.

Supply Chain Design Software 157

Supply Chain Design Software Warehousing Procurement Solutions Optimization Software 157

QAD

APRIL 3, 2025

One of the most transformative tools in this regard includes, digital sourcing or also referred to as, e-sourcing applications. These digital platforms have revolutionized how businesses approach sourcing by enhancing efficiency, reducing costs and fostering better supplier relationships.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 52

The Logistics of Logistics

MAY 13, 2025

Her approach blends data-driven strategy with a human touch, helping companies solve complex problems while creating space for collaboration. Offers national pallet management services, acting as a single source for pallet supply, retrieval, and tracking. Bettaway Pallet Systems, Inc.: Bettaway Beverage Distributors, Inc.:

Beverage 255

Beverage Transportation Supply Chain Design Software Arizona 255

Logistics Viewpoints

FEBRUARY 24, 2025

When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. A production plan from an IBP meeting should be considered a rough-cut long-term plan, merely the best estimation of what was likely, not something written in stone. ARC was recently briefed by InterSystems.

Supply Chain Planning Software 290

Supply Chain Planning Software Prescriptive Analytics Software Agile and Lean Supply Chain Modeling 290

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. Furthermore, every choice can improve earnings before interest, taxes, depreciation, and amortization (EBITDA) and reduce risks in future shipments for each vendor.

Vendor Strategies 172

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 172

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. This proactive approach minimizes downtime, reduces financial losses, and strengthens overall operational efficiency.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.

Supply Chain Disruption 307

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 307