World of Procurement blog

MAY 8, 2024

The plan defines activities like category analysis, supplier consolidation, technology implementation, process re-engineering, skill building etc. It also identifies required resources, budgets and milestones for a successful strategic transformation. Conduct supply chain audits and due diligence on high-risk categories.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 84

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 84

Empowering CPO

JUNE 26, 2023

Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain. By analyzing data on market trends, demand patterns, and supplier capabilities, organizations can make informed decisions regarding sourcing strategies, supplier selection, and risk management.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40