Logistics Viewpoints

JANUARY 15, 2025

From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Optimal Sourcing 298

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Reducing carbon emissions is a cornerstone of this effort. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs.

Waste Reduction 303

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 303

Logistics Viewpoints

FEBRUARY 4, 2025

Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. The integration of robotics within warehouse operations has led to significant improvements in productivity, accuracy, and cost savings.

Waste Reduction 252

Waste Reduction Supply Chain Design Software Resource Reduction Cost Reduction Strategies 252

Logistics Viewpoints

MARCH 11, 2025

A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.

Optimal Sourcing 327

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 327

Logistics Viewpoints

OCTOBER 11, 2024

Fortunately, the expected storm surge never materialized, and landfall narrowly missed the densely populated Tampa Bay area. UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids.

Price Reduction 306

Price Reduction Vendor Strategies Waste Reduction Resource Reduction 306

Logistics Viewpoints

APRIL 1, 2025

A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.

Optimal Sourcing 270

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 270

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g.,

Optimal Sourcing 289

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 289

Logistics Viewpoints

MARCH 4, 2025

auto parts are sourced from Mexico, making the tariff impact immediate and severe. production at its South Carolina plant to reduce reliance on North American imports. Mitigation Strategies in the Auto Sector To cope with rising tariffs, automakers are accelerating plans for nearshoring and domestic production expansion.

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Mexico Canada Inventory Reduction Cost Reduction Strategies 230

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

JULY 7, 2022

Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? From product design, sourcing and operations planning, to manufacturing, logistics and warehousing, there are many opportunities for improved efficiency at each stage of the process. Moving the cloud is one way to start to this process.

Material Savings 321

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 321

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. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

Logistics Viewpoints

APRIL 2, 2025

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Supply Chain Design Software 168

RFgen

DECEMBER 19, 2024

Supply Chain Resilience: Strategic partnerships with reliable suppliers guarantee consistent material availability, regardless of production scale. Dependencies on suppliers who cant meet increased demand can lead to material shortages and production delays. This reliability prevents bottlenecks and keeps production flowing smoothly.

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

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

Logistics Viewpoints

JANUARY 3, 2025

This facility will produce material for electric vehicle (EV) battery anodes, reducing reliance on Chinese imports. It emphasizes the importance of cost savings, supply base rationalization, risk management, strategic foresight, and supplier collaboration. million loan from the U.S.

Supply Chain Software 298

Supply Chain Software Negotiating Skills Supply Chain Planning Software Purchasing Training 298

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm also faced a raw material shortage.

Sourcing Strategies 278

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 278

ModusLink Corporation

JANUARY 30, 2025

Factors such as geopolitical shifts, extreme weather events, raw material shortages, and infrastructure challenges can significantly impact operations. Effective demand planning also optimizes inventory levels, reducing costs associated with storage and carrying inventory.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. ” Sourcing optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

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. trillion in trade.

Study 278

Study Global Supply Chain Planning Software Modeling Software 278

Logistics Viewpoints

OCTOBER 21, 2024

As a result, hospital chains largely lacked competence in sourcing. The net result of that was about $100 million in savings over the course of 10 years. So, we started working on clinical integration as one path” to drive procurement savings. We did it because we saved a couple of million dollars.

Negotiating Skills 292

Negotiating Skills Supply Chain Design Software Manufacturing Procurement Agile and Lean Supply Chain 292

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Keep Reading to unlock a 50% discount code! Click here to learn more and register today!

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Arena Solutions

NOVEMBER 21, 2024

To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Historically, manufacturers would offshore their operations to reduce labor costs; however, times have changed.

Material Savings 70

Material Savings Expense Reduction Sourcing Strategies Cost Reduction Strategies 70

Logistics Viewpoints

FEBRUARY 7, 2025

This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation.

Logistics Network Optimization Software 255

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 255

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. This article will give you practical procurement cost-saving ideas and tips to avoid common pitfalls.

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

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Logistics Viewpoints

JUNE 29, 2023

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.

Manufacturing Procurement 274

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 274

Logistics Viewpoints

FEBRUARY 7, 2025

This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 225

Logistics Viewpoints

JULY 12, 2024

Offering a discounted membership in the days leading up to Prime Day is another way Walmart has been stepping up its effort to woo customers over from the e-commerce giant. In it, Lidl outlined such efforts as reducing scope 1 and scope 2 greenhouse-gas emissions by 63% by the end of 2022 as it works toward a 70% reduction by 2030.

Material Savings 310

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 310

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 299

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 299

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. per unit, reducing the actual cost to $90,000.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

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! Smart manufacturing and Industry 4.0 AI also plays a key role in quality control.

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

Logistics Viewpoints

AUGUST 5, 2021

Investor concern about material risks from climate change have created new reporting frameworks, such as those by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD). UPS saves time and money at a level worth reporting on earnings calls, but they are also more sustainable.

Supply Chain Planning Software 325

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 325

Logistics Viewpoints

AUGUST 29, 2024

By collaborating closely with suppliers and carriers, managers can establish uniform carton dimensions that minimize the need for excessive packaging materials. Standardized carton sizes also facilitate more efficient stacking and storage within the warehouse, reducing space utilization and improving overall operational flow.

Waste Reduction 299

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 299

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 299