IBM Supply Chain Blog
DECEMBER 13, 2023
The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?
Procurement Tactics
JUNE 28, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.
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Pipefy
DECEMBER 20, 2023
Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?
Pipefy
JANUARY 11, 2023
This shift has become necessary as procurement departments are tasked by management with new strategic duties. Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions.
Spend Matters
OCTOBER 4, 2023
The power of supplier diversity in procurement: Driving business success through inclusion — Whether they are carrying out their own CSR strategy or responding to third-party initiatives and demands, businesses have their role to play in encouraging greater diversity among their suppliers.
Empowering CPO
JULY 16, 2023
This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.
Pipefy
MAY 23, 2023
It also provides visibility into your entire invoice workflow, from issuance to payment. Automating these tasks frees procurement teams to focus their working hours where they’re most needed. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.
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