article thumbnail

Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

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., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leveraging Scenario Planning for S&OP Decision Support

AIMMS

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020). – Tweet this.

article thumbnail

The 2022 Labor Shortage: 4 Concrete Tactics to Combat Employee Turnover and Source Staff

ToolsGroup

Share them in your all-hands meetings, on your website, through social media, and in your job postings. Source: Fortune. #3: Source: Fortune. Have all-hands meetings to update employees on the company’s goals and outline next steps. Publicize your corporate culture and values. Don’t be shy. #2:

article thumbnail

New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

article thumbnail

The 2022 Chlorine Shortage: Another Year of Poolmageddon

ToolsGroup

Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. The new plant will produce 30% more once it’s up and running, which should meet some of the increased demand. Image source: Meme Generator. It’s projected to register a compound annual growth rate (CAGR) of over 3.5%

article thumbnail

Energy Transition in Supply Chain

Logistics Viewpoints

There are three responses in this question that address supply chain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability. The second reason to address sustainability topics, from a supply chain perspective, is to meet consumer expectations.

article thumbnail

How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.