IBM Supply Chain Blog

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 86

Arkestro

NOVEMBER 14, 2023

Getting a Thanksgiving dinner from farm to table is an intricately complex affair for food and beverage procurement teams, with supply chain shortages, inflation, and rising food costs affecting consumer decisions all playing a part. Supply chain, logistics, and supply all dictate how the market price shapes up.

supply chain budgeting 52

supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Procurement 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

APRIL 22, 2024

According to the European Union’s 2023 Energy Efficiency Directive , Europe’s data center electricity consumption is expected to grow 28% from 2018 to 2030, exemplifying the environmental costs of AI usage. In 2022, IBM introduced Vela , its first AI-optimized, cloud-native supercomputer.

Ethics 99

Ethics Sustainability Data Suppliers 99

Supply Chain Game Changer

NOVEMBER 28, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? BILLION by 2025. But while the opportunities behind digitizing and optimizing delivery are clear, it’s not easy to facilitate the level of visibility and control which shippers are looking for from 3PLs. Subscribe Here! Email Address.

Logistics 83

Logistics Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 83

IBM Supply Chain Blog

MAY 15, 2024

However, the rise of hybrid and multi-cloud patterns has led to challenges in optimizing value and controlling cloud expenditure, resulting in a shift from capital to operational expenses. However, this reactive approach perpetuates firefighting rather than proactive self-optimization.

Real-time Visibility 53

Real-time Visibility Innovation Collaboration Sustainability 53

Supply Chain Game Changer

MAY 16, 2022

Subscribe to Supply Chain Game Changer. In fact, experts predict that by 2025, the industry will be 380 billion US dollars. These companies stand apart from the others because of the value they provide using their innovative solutions backed by modern technology, and an eager and efficient workforce. Subscribe Here!

Logistics 95

Logistics Supply Chain Efficiency Supply Chain Optimization Supply chain 95

Una

APRIL 11, 2023

Advantages and Disadvantages of ERP Systems Discover the advantages and disadvantages of utilizing ERP systems to drive efficiencies and cost savings in procurement. ERPs often use automated workflows and business rules to streamline processes, reduce errors, and increase efficiency. billion by 2025.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

IBM Supply Chain Blog

MARCH 8, 2024

The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. And by 2028, 68 countries will boast renewables as their main source of power.

Sustainability 76

Sustainability Sourcing Supply Chain Optimization Supply Chain Efficiency 76

Una

NOVEMBER 27, 2023

By Hugo Britt | November 28, 2023 Search Search Gen Z currently makes up almost one-third of the world’s population and will account for 27% of the workforce by 2025 – but are they interested in joining your procurement team? Show them how technology streamlines processes, optimizes decision-making, and enhances efficiency within procurement.

Procurement 52

Procurement Procurement team Supply Chain Optimization Ethics 52

IBM Supply Chain Blog

MAY 12, 2023

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum.

Sustainability 83

Sustainability Data Networking Management 83

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Supply Chain Game Changer

NOVEMBER 26, 2022

Subscribe to Supply Chain Game Changer. billion in 2025, the global oilfield services market is projected to grow at a CAGR of 3.6%. Some oilfield service providers, including Schlumberger and Halliburton, have changed their offerings to include more technologically advanced solutions, which improves efficiency.

Supply Chain Efficiency 70

Supply Chain Efficiency Price Quantity Supply Chain Optimization 70

IBM Supply Chain Blog

MARCH 8, 2024

Smart factories 5G, along with AI and ML, is poised to help factories become not only smarter but more automated, efficient and resilient. Today, many mundane but necessary tasks associated with equipment repair and optimization are being turned over to machines thanks to 5G connectivity paired with AI and ML capabilities.

Networking 109

Networking Data Demand Quality 109

SPLC (Sustainable Purchasing Leadership Council)

MAY 29, 2019

They overhauled their purchasing policies and publicly announced 2025 climate objectives, and now more than 40% of company sales are related to solutions involving life and environmental protection. Citi’s Supply Chain Sustainability Program: Embedding supply chain sustainability into the supplier selection process.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Subscribe Here! Email Address. 7 KPIs Your Procurement Team May Be Ignoring! She chose the hybrid route.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

IBM Supply Chain Blog

NOVEMBER 22, 2023

Cloud optimization is essential as organizations look to accelerate business outcomes and unlock the value of their data. At its core, cloud optimization is the process of correctly selecting and assigning the right resources to a workload or application. And getting it right is crucial. It takes time and talent.

Strategy 79

Strategy Innovation Management Data 79

Solvoyo

NOVEMBER 28, 2018

But what is a cognitive supply chain model and where does it fit into all this? Simply, a cognitive supply chain model utilizes machine learning, which is a type of artificial intelligence that has been merged with advanced analytics. How Cognitive Learning is Applied to Supply Chain Processes.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 40

Supply Chain Game Changer

FEBRUARY 28, 2019

From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way. The statistics have shown an increase in freight shipping volume to about 1325 billion and these numbers are predicted to double by 2025. There used to be a lot of hassles which decreased the efficiency of the logistics.

Logistics 99

Logistics Supply Chain Efficiency Supply Chain Optimization Supply chain 99

Supply Chain Trend

OCTOBER 29, 2021

New Wave 3 Technology can empower a more efficient and responsive planning process. If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). TRADITIONAL IBP AND PLANNING TECHNOLOGY. Lacking insights.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

IBM Supply Chain Blog

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Data 84

Data Real-time Visibility Ethics Sourcing 84

IBM Supply Chain Blog

MAY 25, 2023

You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. It’s a powerful way to address critical issues like sub-optimal application performance and poor customer experiences, boost metrics like MTTR and address IT team skill issues for greater resiliency.

Real-time Visibility 78

Real-time Visibility Data Cost optimization Sustainability 78

IBM Supply Chain Blog

OCTOBER 26, 2023

Maximo maintains high-value assets with AI and analytics to optimize performance, extend asset lifecycles and reduce downtime and costs. and add-ons by September 2025. This collaboration equips customers with an industry-leading asset management system from IBM, supported by the scale, agility and cost-efficiency of AWS.

Data 104

Data Management Innovation Risk 104

IBM Supply Chain Blog

OCTOBER 20, 2023

.” When observing its potential impact within industry, McKinsey Global Institute estimates that in just the manufacturing sector, emerging technologies that use AI will by 2025 add as much as USD 3.7 This unified experience optimizes the process of developing and deploying ML models by streamlining workflows for increased efficiency.

Data 80

Data Collaboration Networking Sourcing 80

The Network Effect

OCTOBER 23, 2014

If you want to know ahead of time the changes awaiting the pharmaceuticals supply chain it is useful to extrapolate experiences from the consumer and retail sectors, which were dealing with the same trends and pressures long before pharmaceuticals (for example, the proliferation of distribution channels).

Supply Chain Optimization 76

Supply Chain Optimization Supply Chain Efficiency Distribution channels Supply chain 76

IBM Supply Chain Blog

APRIL 11, 2024

The EU AI Act provides a much-needed framework for ensuring transparency, accountability and human oversight in developing and deploying AI technologies. December 2025: Banks of EU and Eurozone countries are required to support sending SEPA instant payments.

Innovation 65

Innovation Cost of ownership Data Risk 65

IBM Supply Chain Blog

MAY 15, 2024

According to International Data Corporation (IDC), stored data is set to increase by 250% by 2025 , with data rapidly propagating on-premises and across clouds, applications and locations with compromised quality. With a multicloud data strategy, organizations need to optimize for data gravity and data locality.

Data 50

Data Sourcing Strategy Management 50

IBM Supply Chain Blog

MARCH 4, 2024

Private 5G networks let companies manage multiple devices, services and applications in a highly private, secure and efficient environment—more than any public network. Smart factories: With AI and ML, factories everywhere are already becoming smarter and more efficient.

Networking 106

Networking Data Quality Import 106

IBM Supply Chain Blog

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

e2e 110

e2e Data Networking Management 110

IBM Supply Chain Blog

DECEMBER 21, 2023

Reshoring manufacturing to the US ­ has been a significant trend in recent years, driven by geopolitical tensions, supply chain disruptions, proximity to customers and markets, eco-system synergies and the need for positive impact on the domestic economy. AI, automation and digital labor can help tackle these challenges.

Supply Chain Optimization 87

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 87