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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

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.

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Cost-Saving Tips for Freight Shipping with GoShip

GoShip Blog

According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Here are some actionable tips to help you save money on freight shipping. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible.

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Circular Supply Chains: Reducing Waste & Maximizing Resources

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Raw materials are extracted, transformed into products, used, and eventually discarded. A circular economy , where materials are reused, repurposed, or recycled to create a more sustainable supply chain that minimizes waste and maximizes value. This model helps reduce e-waste while increasing product longevity. The solution?

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Is Saint-Gobain Serious About Reducing Their Carbon Footprint?

Logistics Viewpoints

Saint-Gobain designs, manufactures, and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. These avoided CO2 emissions from their products, they argue, are around 40 times the Group’s own total carbon footprint. The company has a continuous innovation process.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

The Warner Music Group was an early adopter. It is a brilliant tool.” At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.

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