World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. It eliminates waste and enables companies to manufacture products at lower costs.

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Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

IBM Supply Chain Blog

OCTOBER 3, 2023

Together, IBM Instana and IBM Turbonomic provide real-time observability and control that everyone and anyone can use, with hybrid cloud resource and cost optimization so you can safely automate to unlock elasticity without compromising performance. It’s time for IT to go from reactive to proactive and preventative.

Real-time Visibility 89

Real-time Visibility Cost optimization Budget Data 89

Finale Inventory

SEPTEMBER 25, 2024

Adopting EOQ as part of your overall inventory strategy can lead to improved customer satisfaction, increased profitability, and a more streamlined supply chain. In the fast-paced world of ecommerce, where consumer preferences can change rapidly, having a solid grasp of your optimal order quantity can give you a competitive edge.

Quantity 52

Quantity Inventory Supply Chain Optimization Demand 52

Finale Inventory

JULY 23, 2024

By effectively managing your inventory, you can minimize costs, optimize storage space, and provide exceptional customer service. By utilizing this software, you can save time, reduce errors, and gain a competitive edge in the ecommerce industry. This not only saves time but also reduces costs and improves customer satisfaction.

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Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Game Changer

AUGUST 8, 2019

Subscribe to Supply Chain Game Changer. Article written for Supply Chain Game Changer by Prakash Pol , Principal Consultant at Infosys India. The Warehouse is a central part of Supply Chain Management in any organization. Subscribe Here! Email Address. Disruptive Warehouse Technologies for Any Company!

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Warehouse operations supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 54

Pipefy

JANUARY 9, 2024

Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. While these tools can lighten workloads and improve agility and decision-making, they can’t operate without the input of humans.

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Agile and Lean Supply Chain Supply Chain Efficiency Procurement Supply Chain Optimization 52

IBM Supply Chain Blog

JUNE 26, 2023

AIOps helps you operationalize this approach by using data-driven cloud spend decisions to safely balance cost and performance. By using software—not people—you can take appropriate actions and give applications the resources they need when they need them.

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e2e Real-time Visibility Sustainability Data 52

IBM Supply Chain Blog

JULY 26, 2023

ZBB promotes agility in resource allocation, enabling organizations to respond effectively to evolving market conditions. Cost-Conscious Culture: ZBB can foster a cost-conscious culture within an organization. Spreadsheets allow for customization and can be a cost-effective option for smaller organizations.

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Budget Data Cost optimization Collaboration 56

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

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Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 11, 2023

Before cloud computing, organizations had no other option but to store data and run their software applications within a traditional IT infrastructure setting—a form of centralized computing comprised of on-premises data centers , servers, networking hardware and enterprise software applications.

Real-time Visibility 101

Real-time Visibility Data Strategy Networking 101

IBM Supply Chain Blog

JUNE 11, 2024

Paths beyond VMware The impact of acquisition : A 2023 Forrester study (link resides outside ibm.com) predicts that 20% of VMware clients will move away from VMware stack due concerns around price increases, limited customer support and a mandatory requirement for subscription to software bundles —all of which are a result of the acquisition.

e2e 66

e2e Cost optimization Innovation Real-time Visibility 66

IBM Supply Chain Blog

DECEMBER 20, 2023

AWS, Google Cloud Services, IBM Cloud, Microsoft Azure) makes computing resources—like ready-to-use software applications, virtual machines (VMs) , enterprise-grade infrastructures and development platforms—available to users over the public internet. For instance, some public cloud providers charge extra for data egress (e.g.,

Strategy 93

Strategy Real-time Visibility Data e2e 93

IBM Supply Chain Blog

JANUARY 30, 2024

A simple multicloud scenario may involve a company using two different cloud providers to carry out Software-as-a-Service (SaaS) —software applications (e.g., A PaaS approach helps companies reduce the cost, complexity and inflexibility associated with building and maintaining a platform on-premises.

Strategy 91

Strategy Real-time Visibility Data Risk 91

IBM Supply Chain Blog

NOVEMBER 13, 2023

In this comprehensive guide, we will explore the intricacies of software modernization, its profound importance, strategies for successful implementation, potential challenges and the integration of new technologies. Like financial debt, it represents a trade-off between short-term gains and long-term costs.

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Strategy Quality Cost optimization Risk 94