Remove Inventory Remove Procurement Remove Supply Chain Disruption
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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Supply chain disruptions have become a persistent operational risk. Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supply chain management.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Make Strategic Commitments During Supply Chain Disruptions During crises such as semiconductor shortages or other supply chain disruptions, make firm, long-term commitments to suppliers.

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No Balloons Needed: Practical Moves to Navigate Tariff Volatility

Logistics Viewpoints

Establish inventory reserves in key markets to avoid supply chain disruptions. Leverage Foreign Trade Zones (FTZs) and Pre-Buying Strategies Manufacturers can mitigate tariff impacts by strategically managing inventory. Diversify customer base outside of United States to avoid tariffs on broader sales base.

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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.