ModusLink Corporation

JANUARY 30, 2025

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. 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

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. 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.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

ivalua

JUNE 14, 2023

We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

RFgen

DECEMBER 19, 2024

Successfully scaling manufacturing requires more than just adding resources. This agility minimizes downtime and maximizes resource utilization. This targeted approach optimizes resource allocation and minimizes bottlenecks by allowing you to scale only where necessary.

Material Savings 82

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 82

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 262

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 262

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

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 97

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 97

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Unlike many of the large logistics providers, they operate on thin margins and generally considered to have limited resources to devote to decarbonizing their operations. Unlike their customers, usually large shippers with their own sustainability strategies and targets that often span their entire supply chain.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

SCMDOJO

OCTOBER 30, 2024

These platforms can dynamically adjust the difficulty of tasks, provide targeted resources, and suggest personalized learning paths based on real-time performance data. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Business Continuity Ensuring uninterrupted operations requires sourcing the right parts at the right time and place.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

ThroughPut

MARCH 7, 2025

Whether youre a Chief Maintenance Officer (CMO), a Chief Mechanical Officer (CMO), or an MRO operator, Optimizing spare parts effectively is critical to reducing downtime, extending asset life, and maintaining operational efficiency. Supply Chain Disruptions: Global supply chain issues exacerbate the difficulty of sourcing critical parts.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Resource Reduction 52

Logistics Viewpoints

JUNE 7, 2022

Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Gap between supply chain and procurement.

Agile and Lean Supply Chain 312

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 312

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. 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.

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 386

ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Procurement Solutions 246

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 246

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Optimal Sourcing Waste Reduction Procurement Solutions 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Optimal Sourcing Waste Reduction Procurement Solutions 130

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Optimal Sourcing 52

QAD

JANUARY 16, 2025

Despite its success, KION faced significant challenges in managing its extensive supplier network and procurement processes. For the mitigation of supply chain and business risks , we need closer integration and easy collaboration with our suppliers, said Jens Brethauer, VP of e-Procurement & Digitalization at KION.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Negotiating Skills 52

Logistics Bureau

JANUARY 16, 2025

Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Let’s look at five proven strategies that can help you create a more resilient supply chain.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

ThroughPut

FEBRUARY 18, 2025

Procurement: Parts procurement considers many factors, including demand, intelligence, risk, compliance, collaboration, delivery, and supplier availability. Business Impact Replenishment: Difficult to automate inventory replenishment , waste reduction, and market-responsive production, while minimizing costs and maximizing margins.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. Supply chain finance helps suppliers stay liquid and ensure business continuity.

Supply Chain Design Software 291

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 291

My Office Apps

OCTOBER 21, 2024

Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Growth Strategic supplier relationships are vital for supporting business growth.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

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 291

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 291

Logility

MAY 25, 2022

Even their ability to keep up with demand is challenged by a combination of resource material shortages and shipping and receiving delays. Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. Factories run the risk of closing without advanced notice.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

Exiger Perspectives

FEBRUARY 24, 2025

It also emphasizes the need to reduce reliance on high-risk foreign sources, particularly PRC-based entities, and directs agencies to implement procurement and funding policies that favor U.S.-based efforts to reduce reliance on China and other geopolitical competitors for critical supply chain inputs.

Policies 64

Policies America Manufacturing Procurement Resource Reduction 64

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. About Brad Wheeler. Key Takeaways: The FreightTech Dilemma.

Supply Chain Network Software 246

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 246

ivalua

JANUARY 29, 2020

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

Negotiating Skills 164

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 164

Logistics Bureau

DECEMBER 6, 2024

Logistics is the management of the flow of resources between the point of origin and the point of destination. Business logistics is a crucial component of operational strategy and efficiency in the supply chain, involving comprehensive processes to manage the movement of goods from sourcing materials to delivering products.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Manufacturing Procurement Sourcing Strategies Material Savings 75

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45