Logility

MAY 3, 2021

While sales and operations planning (S&OP) is critical to the creation of an overall business strategy to maintain a competitive edge, sales and operations execution (S&OE), along with a process to support it, should also be a top priority for your organization. S&OP Defined. This keeps operational costs optimized.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

Logistics Viewpoints

DECEMBER 18, 2024

However, the sectors reliance on fossil fuels and resource-intensive practices poses significant challenges. The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness.

Optimal Sourcing 200

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 200

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 231

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 231

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? When you work with local experts and access nearby resources, you can ensure top-quality products.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Logistics Viewpoints

OCTOBER 11, 2024

UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.

Price Reduction 266

Price Reduction Vendor Strategies Waste Reduction Resource Reduction 266

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Incorporating circular economy principles throughout, from source to disposal. Reduction in waste and driving cost efficiencies. Incorporating responsible sourcing principles into the supply chain. Operational insights from continued services offer ensure uptime and increase efficient energy use, reducing energy costs.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

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. To mitigate and eliminate these costly risks, manufacturers need to involve container management much earlier in the planning process.

Optimal Sourcing 267

Optimal Sourcing Supply Chain Optimization Automotive Resource Reduction 267

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 & 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

Logistics Viewpoints

JULY 7, 2022

Resource scarcity. 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. Cloud applications that manage your supply chain provide real-time access—a single source of truth no matter where you are.

Material Savings 268

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 268

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

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

DELMIA Quintiq

FEBRUARY 18, 2021

It encompasses economically sound and socially responsible processes that strive to eliminate negative environmental impacts while conserving energy and regenerating natural resources. At the business level, sustainability is becoming the most critical lever for strategy. Source : Designing Disruption.

Sustainability 363

Sustainability Optimal Sourcing Waste Reduction Resource Reduction 363

AIMMS

JULY 13, 2020

Other reviews (prepared for decision-making versus attending for receiving information) are shared by the owners of each strategy element/pillar. For instance, COOs own the supply strategy, marketing the portfolio strategy, and so forth. Image source: Oliver Wight. This leaves gaps in product portfolio management.

Scenario Planning 400

Scenario Planning Supply Chain Planning Software Resource Reduction AIMMS 400

AIMMS

MARCH 30, 2020

Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Ensure Resource Requirements .

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

ivalua

JUNE 14, 2023

It is important to support this workstream through a team of key individuals: Sponsor: A high-level executive who champions the procurement application implementation, the sponsor provides critical support, resources, and influence. With reliable and actionable data, this workstream can help identify trends and motivate informed decisions.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

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

Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Clearing land and cutting down forests can also release carbon dioxide. Agriculture, oil and gas operations are major sources of methane emissions.

Resource Reduction 220

Resource Reduction Supply Chain Strategy Manufacturing Procurement Supply Chain 220

DELMIA Quintiq

APRIL 21, 2020

Optimization is about utilizing your resources effectively without compromising rules and KPIs. Reduced severity of disruptions. While it’s not easy to perform risk identifications, assessments, probability calculations and remediation planning (avoidance, reduction, recovery), it is vital and the rewards are worth it.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

ToolsGroup

OCTOBER 10, 2022

As a plethora of challenges continue to haunt the supply chain, getting a handle on the risks to the business is a step in the right direction—one of the keys to developing a successful inventory control strategy. Inventory Control: 7 Strategies to Ensure High Service Levels and Maximum Profit. Be Strategic About What You Order.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

DELMIA Quintiq

MAY 26, 2021

The current rate of production and consumption worldwide continues to deplete resources and damage our planet faster than it can recover. Virtual twins help companies raise production efficiency while reducing operational costs, use of resources and carbon footprint. The Biggest Obstacle to Accelerating Sustainability.

Sustainability 296

Sustainability Resource Reduction Waste Reduction Sourcing Strategies 296

DELMIA Quintiq

OCTOBER 26, 2021

This requires the right cloud solution that combines cloud computing technology with a platform strategy, to provide manufacturers with full visibility. With DELMIA, manufacturers have been able to save millions of dollars on physical prototypes, and reduced overall time to market of new products by up to 20%.

Real-time Visibility 296

Real-time Visibility Modeling Software Manufacturing Procurement Sourcing Strategies 296

DELMIA Quintiq

DECEMBER 14, 2021

Besides being a waste in precious resources, this quantity of wasted food also contributes to 8-10% of greenhouse gas emissions, making it actively detrimental to our environment. 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.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Freightos

APRIL 25, 2024

More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.

Cargo 293

Cargo Cost Reduction Strategies Price Reduction Material Savings 293

Supply Chain Shaman

APRIL 18, 2023

The traditional leader values cost reduction but is blind on how to value time. Align the organization and focus resources on building adaptive modeling capability. (I Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. Shift in cycles.

Supply Chain Planning Software 388

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

Logistics Viewpoints

APRIL 3, 2024

Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. Scope 1 emissions include all direct emissions that are generated from sources that are directly owned or controlled by an organization.

Manufacturing Procurement 257

Manufacturing Procurement Sustainability Manufacturing Supply Chain Design 257

Enterra Insights

SEPTEMBER 10, 2024

Reduced crop yields diminish agricultural productivity, affecting not only agricultural quantities but also food prices and ultimately food security.”[1] Becker reports that aging farm owners and a reduced workforce are also reasons AI is becoming an imperative. and other countries boost research aimed at beating climate change.”[1]

Sourcing Strategies 130

Sourcing Strategies Expense Reduction Resource Reduction Cost Reduction Strategies 130

Logility

OCTOBER 24, 2024

By eliminating department silos and decision latency, it improves alignment and enhances the supply chain employee experience. Sales, operations, finance, and other functions often operate in isolation, resulting in disconnected strategies and slow, reactionary decision-making. Enter Generative AI (GenAI). The result?

S&OP 223

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 223

SCMDOJO

AUGUST 10, 2024

To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. A full life-cycle analysis is essential to assess the overall environmental impact.

Sourcing Strategies 97

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 97

Logistics Viewpoints

OCTOBER 9, 2024

As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. DPPs simplify compliance by consolidating all necessary information in one place, reducing administrative burdens.

Waste Reduction 215

Waste Reduction Sourcing Strategies Supply Chain Design Software Demand Planning Software 215

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. This also reduces mistakes and errors that can lead to lost revenue and delays. Industry 4.0 is a solution to streamline the supply chain process with digitalization.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

Supply Chain Shaman

MAY 21, 2024

The framework assumes that improvement in forecast error drives order reliability and a reduction in cost. Reducing costs does not always translate to margin. The bad news is that this is in conflict with traditional modeling of single outputs in traditional Advanced Planning Systems (APS) and Enterprise Resource Planning (ERP).

Procurement Analytics 347

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 347

ToolsGroup

JUNE 10, 2022

Image source: National Retail Association. Image source: Twitter. Instead, Adobe offers transparency: The company makes issues known publicly via social channels as well as email so that customers are the first to be made aware of any problems: Image source: Twitter. Image source: Ikea. Image source: Lyft.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Logistics Viewpoints

MAY 28, 2024

Given that transportation operations were cited in the study as the area suffering the most from resource constraints, it’s no surprise that delivery route optimization was the technology most deployed (54% partially/fully deployed) to improve the productivity of labor workers. calls, emails) and resource-intensive.

Supply Chain Software 259

Supply Chain Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software 259

ToolsGroup

JUNE 15, 2020

Step 2: Align your SCP technology plans with the business strategy & organizational readiness. For example, instead of simply stating forecast accuracy improvement as a benefit explain how this will ultimately reduce inventory and working capital and increase service levels. Want more tips on building your business case?

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 319

Logistics Viewpoints

JULY 12, 2024

Meanwhile, Walmart has aggressively expanded its marketplace of third-party sellers, following a strategy that has enabled Amazon to offer a mind-boggling range of products on its website. Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items.

Material Savings 239

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 239