Strategic Sourcing Archives | aPriori https://www.apriori.com/tag/strategic-sourcing/ Mon, 06 Oct 2025 18:01:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.apriori.com/wp-content/uploads/2021/08/cropped-favicon-1-32x32.png Strategic Sourcing Archives | aPriori https://www.apriori.com/tag/strategic-sourcing/ 32 32 Beyond Turbulence: Key Lessons from ASCM CHAINge NA 2025 To Improve Supply Chain Performance https://www.apriori.com/blog/beyond-turbulence-key-lessons-from-ascm-chainge-na-2025-to-improve-supply-chain-performance/ Thu, 02 Oct 2025 12:00:28 +0000 https://www.apriori.com/?p=66637 Key Takeaways: Tariffs are permanent, not temporary. Supply chain performance must shift from reactive responses to predictive strategies with multiple contingency plans. AI adoption without fundamentals fails. With 95% of AI projects falling short, success requires critical thinking, training, and embedding solutions into workflows. Resilience and sustainability converge. Digital twins, circularity, and standardized digital insights are now essential tools for ...

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Manufacturing Insights Detroit: A Resounding Success https://www.apriori.com/blog/manufacturing-insights-detroit-a-resounding-success/ Tue, 23 Sep 2025 14:28:24 +0000 https://www.apriori.com/?p=66543 The city of Detroit, a beacon of American manufacturing innovation, was recently the host for a landmark event: the Manufacturing Insights Detroit 2025 conference. Held at the Detroit Marriott at the Renaissance Center, the two-day event brought together a community of senior leaders in manufacturing, all with a shared goal of leveraging intelligence solutions to drive profitability and streamline New ...

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Does Your Sourcing Solution Align with Your Procurement KPI Strategy? 4 Critical Areas to Examine & Align https://www.apriori.com/blog/does-your-sourcing-solution-align-with-your-procurement-kpi-strategy-4-critical-areas-to-examine-align/ Tue, 09 Sep 2025 17:30:40 +0000 https://www.apriori.com/?p=66572 Key Takeaways CPOs are concerned about competitiveness, meeting demands and stakeholder requirements, standardizing procurement processes, and other factors, including digitization, advanced analytics, material shortages, and supply chain regulations They need to align essential areas of their procurement KPI strategy with the organization’s overall business objectives to achieve their goals and mitigate issues The Full Article Optimizing Essential Procurement KPIs with ...

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Budgeting for 2026: A Step-by-Step Guide to Smarter Supply Chain Forecasting with aPriori https://www.apriori.com/blog/budgeting-for-2026-a-step-by-step-guide-to-smarter-supply-chain-forecasting-with-apriori/ Fri, 29 Aug 2025 12:00:49 +0000 https://www.apriori.com/?p=66544 Key Takeaways Traditional budgeting requires multiple tools for spend analysis, forecasting, and action planning aPriori consolidates these steps into a single platform, eliminating manual handoffs and fragmented data aPriori eliminates time-consuming data prep and spreadsheet consolidation, automating key steps like classification and should-cost modeling, and providing actionable insights and supply chain forecasting in hours instead of weeks The Full Article ...

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Adapt, Quote, Win: Strengthening Supply Chain Resilience in a Shifting Global Landscape https://www.apriori.com/blog/adapt-quote-win-strengthening-supply-chain-resilience-in-a-shifting-global-landscape/ Fri, 01 Aug 2025 12:00:04 +0000 https://www.apriori.com/?p=66347 Key Takeaways: Manufacturers need every competitive advantage in reducing supply chain risks and creating supply chain resilience to ensure business continuity Automation and predictive analytics can facilitate an agile supply chain that helps mitigate vulnerabilities and improve responsiveness  The Full Article With tariffs becoming more prevalent, selecting the best-cost country has become a crucial factor for manufacturers’ global supply chains. ...

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Fast Quotes, Better Margins: How Manufacturing Cost Estimation Helps You Win the Right Business https://www.apriori.com/blog/quote-with-confidence-how-manufacturing-cost-estimation-empowers-teams-to-win-more-profitable-business-faster/ Tue, 15 Jul 2025 12:00:55 +0000 https://www.apriori.com/?p=66244 Key Takeaways Quoting fast gives you an edge, but combining speed with data-driven accuracy is essential to secure profitable work with minimal uncertainty. Faster cost insights mean you can quote competitively without sacrificing profit on the final product—helping you win more work, remove inefficiencies, improve cash flow, and strengthen long-term customer relationships. The Full Article The speed and accuracy of ...

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Unlock Cost Savings – How Manufacturing Intelligence Empowers The Procurement Process to Drive Product Profitability https://www.apriori.com/blog/unlock-cost-savings-how-manufacturing-intelligence-empowers-the-procurement-process-to-drive-product-profitability/ Tue, 01 Jul 2025 12:00:46 +0000 https://www.apriori.com/?p=66193 Key Takeaways: Sourcing and procurement teams grapple with many issues, including inflation, complex supply chains, and pricing negotiations. If they are not addressed proactively and effectively, they can have a domino effect, including cost overruns, production delays, and missed product launches Solutions like aPriori’s provide detailed, physics-based cost analysis, giving you an unprecedented level of insight into what components should ...

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Turbocharge Your Product Profitability: How Manufacturing Intelligence is Fueling Growth for Modern Manufacturers https://www.apriori.com/blog/turbocharge-your-product-profitability-how-manufacturing-intelligence-is-fueling-growth-for-modern-manufacturers/ Tue, 10 Jun 2025 14:36:38 +0000 https://www.apriori.com/?p=66120 In a world where competition is fierce and margins are under constant pressure, modern manufacturers are faced with a critical question: How do you not only stay in the game but lead it? The answer lies in how deeply you understand and control the costs embedded in your product development lifecycle. Today, it’s no longer enough to rely on outdated ...

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Feeling the Tariff Pinch? You’re Not Alone (and Here’s How to Fight Back!) https://www.apriori.com/blog/feeling-the-tariff-pinch-youre-not-alone-and-heres-how-to-fight-back/ Tue, 03 Jun 2025 19:17:15 +0000 https://www.apriori.com/?p=66094 Okay, let’s be honest. When you hear the word “tariffs,” does a little knot of anxiety tighten in your stomach? For those of us in manufacturing, it’s more than just a headline – it’s a real-world challenge that can send logistics costs soaring, squeeze our precious profit margins, and throw a wrench in carefully planned supply chains. In today’s interconnected ...

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Navigating Tariffs: Our Guide Helps Manufacturers Break Through Trade Barriers & Mitigate Risks https://www.apriori.com/blog/navigating-tariffs-our-guide-helps-manufacturers-break-through-trade-barriers-mitigate-risks/ Thu, 15 May 2025 12:00:46 +0000 https://www.apriori.com/?p=66058 Key Takeaways: Tariffs loom large on everyone’s radar today Our new tariff guide breaks down the complex challenges around them and provides short, near, and long term strategies to reduce risks and empower impacted manufacturers The Full Article: The unpredictability of tariffs has left many manufacturers and suppliers scrambling. Manufacturers need to understand that tariffs can significantly impact their operations ...

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Is Your Should Cost Model Truly Data-Driven Or Just An Educated Guess? https://www.apriori.com/blog/is-your-should-cost-model-truly-data-driven-or-just-an-educated-guess/ Tue, 25 Mar 2025 12:00:42 +0000 https://www.apriori.com/?p=65913 Key Takeaways: Traditional should cost modeling methods rely heavily on known factors from internal expertise and supplier data generalizations Should cost models too often rely on internal expertise or past understanding of a part’s true cost, resulting in an arduous, inaccurate costing process, and little room to negotiate with suppliers A should cost modeling solution like aPriori’s provides a detailed ...

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The Collapse of Maritime Shipping Leading to Global Supply Chain Issues https://www.apriori.com/blog/the-collapse-of-maritime-shipping-leading-to-global-supply-chain-issues/ Thu, 20 Feb 2025 13:00:36 +0000 https://www.apriori.com/?p=65853 Key Takeaways: Recent developments in the Baltic, Mediterranean, and Red Seas point to a fragile maritime supply chain The global trade system depends on the U.S. Navy to provide security for commercial freighters throughout the world. However, with fewer naval ships built, there are fewer to police dangerous trade routes such as the Red and Mediterranean Seas Those industries that ...

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