Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.

Manufacturing Procurement 241

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 241

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 317

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 317

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Sourcing locally is not just beneficial for individual businesses but the entire local economy.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

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 216

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 216

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

Material Savings 147

Material Savings Resource Reduction Cost Reduction Strategies Sourcing Strategies 147

Logistics Viewpoints

FEBRUARY 7, 2024

On top of that, some retailers are developing sustainability scorecards for items, allowing consumers to see hoe sustainably sourced and delivered their order is. This is especially true when looking at route optimization, asset utilization, real-time visibility, energy savings, waste reduction, and efficiency.

Waste Reduction 293

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 293

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 237

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 237

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 267

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 267

Supply Chain Shaman

APRIL 29, 2024

So, I rolled my savings out of my 401K to build a community to enable business user feedback and reviews. Most believe that Gartner would be of better service to the industry to adopt more of a Horses for Courses Strategy. Source: Horse for Courses definition Oxford Dictionary It took twelve months to build, and it failed.

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 392

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Predictive Analytics Software 331

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 331

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 260

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 260

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 256

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 256

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 325

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency. Conclusion.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

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 207

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 207

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 239

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 239

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 266

Price Reduction Vendor Strategies Waste Reduction Resource Reduction 266

DELMIA Quintiq

DECEMBER 14, 2021

Source: [link]. There already are options such as food sharing and food saving platforms to help reduce the problem of food waste on the consumers’ end. The Right Approach to Food Waste Reduction. When we throw away food, we’re also throwing away the land, water, and energy used to produce that food.”

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

DELMIA Quintiq

FEBRUARY 18, 2021

At the business level, sustainability is becoming the most critical lever for strategy. The fact that we continue to run an economy that assumes infinite stocks of materials and resources implies a clear materials supply risk translated visibly in the volatility of raw material prices. Source : Designing Disruption.

Sustainability 363

Sustainability Optimal Sourcing Waste Reduction Resource Reduction 363

ToolsGroup

APRIL 1, 2022

Raw Material Shortages Are Affecting a Challenged Supply Chain. How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JANUARY 31, 2024

The Corporate Sustainability Directive will also require companies to report on materiality conceptual guidelines, double materiality, impact materiality, and financial materiality. Developing a data architecture meant for annual use will save time and effort for sustainability teams responsible for organizing past data.

Report 283

Report Data Material Savings Manufacturing Procurement 283

AIMMS

JANUARY 28, 2019

A typical question we deal with could be: “should we invest in brewing capacity in South Africa or can we postpone that investment and save costs by importing beer from the Netherlands instead?” Some operating companies will use it for shift and material planning, and there’s potential for more. For now, my team is the big user.

Modeling 293

Modeling Modeling Software Optimization Modeling AIMMS 293

ToolsGroup

JUNE 17, 2021

In a recent digital transformation in supply chain planning study conducted by CSCMP and ToolsGroup, 45% of respondents said the pandemic caused supplier instability/shifts and 30% were struggling with staffing shortages/reduced productivity, while 45% indicated demand for their products and services had increased at the same time.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

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 87

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 87

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Reflection.

Supply Chain Planning Software 333

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 333

DELMIA Quintiq

MAY 13, 2020

Logistics processes and strategies must be able to adapt to this multivariable environment and accommodate these demands, down to the smallest detail. Furthermore, this planning solution should help intensify product protection, reduce labor and increase efficiency in freight and storage to directly reduce operating costs.

Optimal Sourcing 267

Optimal Sourcing Supply Chain Optimization Automotive Resource Reduction 267

DELMIA Quintiq

SEPTEMBER 14, 2023

This seamless workflow, known as ‘material synchronization,’ enables companies to optimize inbound and outbound material flows. Closely aligning manufacturing operations with warehouse processes facilitates the coordination of production orders and the manufacturing bill of materials (MBOM) with inventory management.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. This allows Zara to make products that meet consumer tastes and reduces the number of items they must sell at a discount.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

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. Networks and Sourcing. Supplier Due Diligence.

Supply Chain Network Software 248

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 248

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. These rates dipped to around $3.50/kg

Cargo 293

Cargo Cost Reduction Strategies Price Reduction Material Savings 293

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.

Prescriptive Analytics Software 219

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 219

Supply Chain Shaman

APRIL 18, 2023

The traditional leader values cost reduction but is blind on how to value time. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Build in-market sourcing. Shift in cycles. Over the past three years, supply chain cycles shifted.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Logistics Viewpoints

JUNE 30, 2022

These delayed shipments have benefited off-price retailers where branded merchandise gets sold at deep discounts. However, consumers picking this winter / holiday merchandise at a deep discount will dampen the demand for the upcoming winter and holiday season, at least in the categories strongly influenced by this seasonality.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 246

ivalua

JUNE 11, 2023

Source Implications for Organizations Expanded Reporting Requirements: Under the CSRD, a broader range of companies will be obligated to report non-financial and sustainability information. Scope 3 Emission Reporting: Double materiality means all environmental matters that are affected by (e.g supply chain)- or affect your business.

Optimal Sourcing 246

Optimal Sourcing Supply Chain Software Procurement Sourcing Strategies 246

Logistics Viewpoints

APRIL 7, 2022

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Now, these shipments are being shifted to ocean and air, radically reducing rail shipments. This further adds to lead times.

Supply Chain Design Software 271

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 271

Logility

JUNE 5, 2024

Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. In fact, Aberdeen Group reports that MEIO is twice as capable of balancing cost and service levels across the network, compared to conventional IO strategies. They include costs, demand signals, supply volatility, and sourcing.

Optimal Sourcing 186

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 186