ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Logistics Viewpoints

DECEMBER 23, 2024

The law mandates the Forced Labor Enforcement Task Force to develop strategies for enforcement and requires importers to provide clear evidence that their supply chains are free from forced labor. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.

Conference 298

Conference United States Sourcing Strategies Supply Chain Strategy 298

Logistics Viewpoints

AUGUST 25, 2021

Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy. Electronic data interchange (EDI) solutions have proven deficient in providing robust visibility. Look to the Cloud.

Price Reduction 312

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 312

Supply Chain Shaman

DECEMBER 13, 2021

Yes, a time when well-meaning supply chain leaders share their strategy decks for the upcoming year and ask me for an opinion. How do we seamlessly connect outcomes from optimization to policy, strategy, and rules? Why can we not use disparate data–pictures, streaming data, and unstructured data–to sense and respond?

Cost Reduction Strategies 382

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 382

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

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 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Supply Chain Shaman

FEBRUARY 4, 2025

That tightly integrated advanced planning (APS) coupled to Enterprise Resource Planning (ERP) using order data is sufficient. Functional Metrics and the Lack of Alignment to Strategy. Few companies are clear on the number of supply chains they operate, design the rhythms and cycles of each, and align metrics to the strategy.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

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. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 295

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 295

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

Optimal Sourcing 239

Optimal Sourcing Procurement Sourcing Strategies Resource Reduction 239

Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Logistics Viewpoints

JANUARY 29, 2025

The law requires importers to provide clear and convincing evidence of a forced-labor-free supply chain and tasks the Forced Labor Enforcement Task Force with devising enforcement strategies. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions.

Study 285

Study Global Supply Chain Planning Software Modeling Software 285

Logistics Viewpoints

FEBRUARY 20, 2024

Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints. Another strategy is to dedicate resources and build the best algorithm for demand forecasting.

Sourcing Strategies 312

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 312

RFgen

NOVEMBER 27, 2024

That’s where data analytics comes in. Modern supply chains thrive on real-time data, execution-focused applications, and dynamic decision-making. In this post, we’ll explore how data analytics can revolutionize your supply chain. Demand Forecasting: Analyze past data to predict future needs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

ToolsGroup

MARCH 31, 2025

Polaris Industries Polaris Industries , a powersports manufacturer, integrated probabilistic demand planning into its supply chain strategy. Advanced Supply Planning : Improves procurement and production scheduling decisions. Early Demand Pattern Detection : Identifies trends before they emerge in historical data. The result?

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

Procurement Academy

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Resource Reduction 52

Resource Reduction Vendor Strategies Cost Reduction Strategies Price Reduction 52

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Optimal Sourcing 246

Optimal Sourcing Supply Chain Software Procurement Sourcing Strategies 246

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

ToolsGroup

MARCH 31, 2025

Polaris Industries Polaris Industries , a powersports manufacturer, integrated probabilistic demand planning into its supply chain strategy. Advanced Supply Planning : Improves procurement and production scheduling decisions. Early Demand Pattern Detection : Identifies trends before they emerge in historical data. The result?

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

RFgen

DECEMBER 19, 2024

Infrastructure Limitations: Existing infrastructure, including utilities, data networks, and support systems, may struggle to handle increased demand. A data-driven approach ensures systematic, sustainable growth. This allows for the creation of reusable components, applications, and data pipelines that support continued growth.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.

Optimal Sourcing 59

Optimal Sourcing Supply Chain Disruption Vendor Strategies Cost Reduction Strategies 59

RFgen

DECEMBER 19, 2024

That’s the power of manufacturing data collection. Data transforms operations. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Let’s dive in and unlock the potential of your manufacturing data.

Manufacturing Procurement 98

Manufacturing Procurement Optimization Software Supply Chain Planning Software Inventory Reduction 98

Jaggaer

FEBRUARY 5, 2025

Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Then experienced procurement teams can assess all the data for more nuanced and context-specific judgments.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

ModusLink Corporation

JANUARY 30, 2025

A data-driven, holistic approach is essential to ensure that organizations stay agile, cost-effective, and resilient during times of uncertainty. In this blog, well explore key strategies to enhance supply chain resilience and highlight how services like those offered by ModusLink can help businesses navigate these challenges effectively.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

Supply Chain Shaman

FEBRUARY 28, 2021

The current state of automation–Customer Relationship Management, Marketing Management, Revenue Management, Supplier Relationship Management, and Transportation Management–automates decisions within a function but does not enable the seamless flow of data and information organizations to improve organizational outcomes.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 390

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” To entice you to participate let’s look at the data more closely. ” Or “push a shift from a focus on cost to drive value?”

Manufacturing Procurement 396

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 396

Taulia

NOVEMBER 8, 2024

This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results. In addition, the EU Green Deal provides an overarching strategy for climate action, while the Carbon Border Adjustment Mechanism (CBAM) aims to address carbon leakage. How can technology help?

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Supply Chain Software Optimal Sourcing 98

Enterra Insights

DECEMBER 17, 2024

… Additionally, data visualization allows companies to drill down into the variances and see where to make adjustments. That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. The answer: One bite at a time, of course! ” Logistics optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Shaman

SEPTEMBER 27, 2021

Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. Embrace Disparate Data.

Supply Chain Planning Software 351

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 351

Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Negotiating Skills 52

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing.

Supply Chain Software 321

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Cost Reduction Strategies 321

Supply Chain Shaman

APRIL 19, 2024

Here I share insights on the sharing of supply data. In Figure 1, I share the importance, trust and perceived accuracy of different forms of supply data. In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days).

Supply Chain Network Software 312

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 312

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 The best data makes for the best AI.

Procurement Solutions 298

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 298

Jaggaer

APRIL 9, 2025

How AI is Transforming Manufacturing: Strategies, Benefits, and Use Cases Artificial Intelligence (AI) is a huge topic and one that is constantly changing as research and development efforts push out the boundaries of whats possibleand whats already happening! Manufacturers now generate and own vast volumes of it.

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

Supply Chain Shaman

NOVEMBER 15, 2023

Based on the Supply Chains to Admire analysis, the first question is: Why do the cost reduction strategies not translate into operating margin improvement against peer groups? He provides services to companies on master data management and is more familiar with transactional processing than decision support. This is his world.

Supply Chain Planning Software 409

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 409

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315