IBM Supply Chain Blog

AUGUST 26, 2021

Consumers weary from ongoing supply chain strains are demanding greater transparency and certainty from retailers and e-commerce sites as they undertake back-to-school and holiday shopping. It also gives consumers more direct influence in tailoring their unique customer experience.

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Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

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Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. Strategic procurement leverages data to reduce risks across the entire procure-to-pay process and identify opportunities for long-term and continuous forecasting and optimizations. What is strategic procurement?

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Arkestro

JANUARY 4, 2023

Among them were supply chain disruptions , inflation, and supply scarcity and shortages. The talent shortage in procurement and supply chain is nothing new: it’s been going on for several years now. The Supply Chain Will Continue to Heal. However, it will be a very cautious optimism.

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Supply Chain Game Changer

NOVEMBER 26, 2018

Check out The Digital Supply Chain (SC 4.0) Innovation is a team effort requiring collaboration and buy-in from all levels within an organization, and it’s especially true when it comes to bringing innovation to the supply chain. A Blueprint for Successful Supply Chain Innovation. What You Need to Know!

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Arkestro

DECEMBER 12, 2023

Then, we’ll share some tips on how retailers can streamline and optimize procurement to ensure a successful holiday shopping season. A McKinsey survey found that 79% of shoppers are “trading down” this season, meaning they’re swapping purchases for cheaper alternatives or avoiding spending completely.

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Arkestro

DECEMBER 5, 2022

Technology innovations have been massive, changing how food is grown, processed, and purchased. These disruptions have exposed the fragility of global supply chains. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. harvested wheat is the lowest since 1888.

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Arkestro

JUNE 6, 2023

Here are just a few of the metrics CFOs look at when examining procurement process efficiency: Cost of Purchase Order: What are the internal costs associated with each purchase? Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time?

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World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Types of Procurement Technology E-Procurement Software: Automates purchasing processes, enabling digital purchase order creation, approval, and electronic invoicing.

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Arkestro

MAY 9, 2023

Simply put, organizations still aren’t harnessing the power of technology to its full effect — and they’re missing out on countless opportunities to optimize spending, decision-making, sourcing, and results. Yet far too many procurement teams are failing to optimize this digital technology era.

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EazyStock

FEBRUARY 11, 2021

Supply chain transparency and digitalization. It’s very easy for online shoppers to conduct extensive product research and use price comparison websites before making a purchase. Customer reviews are very closely linked to online buying processes and purchasing behavior. Multi-channel shopping.

Inventory 52

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Supply Chain Trend

MAY 14, 2017

Every so many years, a new supply chain terminology takes the front page and dominates the conversation in magazines and conferences. In the last decade or two we’ve seen JIT (Just in Time), TQM (Total Quality Management), 6 Sigma, S&OP (Sales & Operations Planning), Lean, Agile, Demand-Driven Supply Chains…to name just a few.

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ivalua

DECEMBER 8, 2020

Natacha Trehan, who leads the Purchasing Master’s degree at the University of Grenoble Alpes, will deliver a keynote providing further insights based on her experience working with and advising dozens of procurement organizations over the past decade. New revenue opportunities, more sustainable and agile supply chains, accelerated innovation.

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Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Examples include cost savings, cost avoidance, and purchase price variance. Introduction A.

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Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. This can be achieved through reduction in prices of purchased products & services and reduction in their specific consumption.

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Empowering CPO

JUNE 26, 2023

As a leading procurement services company specializing in spend analysis, EmpoweringCPO understands the vital role that insightful data plays in driving informed decision-making and optimizing procurement processes. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain.

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Planergy

DECEMBER 29, 2022

That means working with agile partners, which most standard procurement strategies don’t account for. Marketing leaders must always be on the cutting edge, deeply understanding platforms, tools, new technologies, and options like influencer marketing. Use PLANERGY to manage purchasing and accounts payable. Download PDF.

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Empowering CPO

JUNE 14, 2023

These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Case Studies of Innovative Procurement A.

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SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

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Jaggaer

OCTOBER 8, 2019

They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) This is not simply about cost savings here and there (the traditional C-suite view of what procurement does) but driving value and making your organization more agile in an uncertain and rapidly changing world.

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IBM Supply Chain Blog

APRIL 21, 2023

These days, there’s a need — and even some pressure — for CFOs to evolve their scope and influence the innovation agenda within their enterprises. CFOs should align with counterparts in the broader organization to develop an agile innovation incubator to create automation and AI-enabled finance capabilities.

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Solvoyo

MARCH 5, 2021

For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects.

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Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. Purchase orders.

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Empowering CPO

JUNE 27, 2023

Within this domain, spend analysis plays a pivotal role in enabling informed decision-making and optimizing procurement processes. Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement.

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ivalua

NOVEMBER 26, 2019

This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. That frees capacity, increases influence and improves access to insights for better decision making. Global automotive component supplier Meritor is a great example. But it doesn’t by itself give you an edge.

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Solvoyo

JANUARY 9, 2021

So, if you want to keep your customers close, ensure your satisfaction with solutions that help them achieve the goal that generated the need for that purchase. Agile and proactive service. This is an important way for your team to ensure that customers will not face future difficulties with the services or products purchased.

Strategy 52

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Claritum

SEPTEMBER 27, 2018

Looking at the fundamental differences between the organisations in context of those things that could influence supplier selection. The NfP also has a greater focus on adding social value to a supply chain. This article looks at some of the key differences between For Profit (FP) and Not for Profit organisations (NfP).

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SCMDOJO

NOVEMBER 29, 2023

In this article, we will explore effective techniques for clearing the clutter and optimizing your inventory levels. Supplier Issues: Delays in the supply chain, disruptions in the production process, or unexpected increases in lead times can result in excess inventory. So, let’s dive in and start streamlining!

Inventory 89

Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 89

Positive Purchasing

NOVEMBER 9, 2023

A Wider Horizon You will be familiar with the idea of optimizing what you buy. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. Ultimately, you may need to help evolve the organization’s brands and overall proposition.

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IBM Supply Chain Blog

MARCH 30, 2023

In the wake of the pandemic and global supply chain issues, businesses have realized the importance of technology innovation to deliver truly superior retail customer experiences. Order management platforms must provide businesses with options that allow for flexibility and agility in both capabilities and deployment.

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Empowering CPO

MAY 6, 2023

The Evolving Role of Procurement in Businesses In today’s rapidly changing business landscape, procurement has emerged as a strategic function that goes beyond merely purchasing goods and services. By proactively addressing these risks, procurement teams can ensure a stable and resilient supply chain.

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Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

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The Good Spending

JUNE 15, 2022

It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase. New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. globalization, disrupting value chains, etc.)

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HICX

AUGUST 31, 2023

It is a pivotal component of supply chains for organizations of all sizes due to the increasingly complex dynamics of today’s global market that interconnects organizations, suppliers and consumers. One area of supply chain management and strategy that has become increasingly important is Supplier Information Management (SIM).

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Positive Purchasing

JUNE 5, 2023

Jonathan O’Brien , CEO of Positive Purchasing , has asked key thought leaders, opinion formers and all-round smart professionals from the world of procurement and beyond to share their thoughts on current hot procurement topics by answering five ‘questions of the moment’. Just stay calm. Everyone just needs to breathe and stay calm.

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Supply Chain Action Blog

FEBRUARY 18, 2021

The point of diminishing returns can be reached fairly quickly, but if you are not there yet, it may be your most significant point of leverage for improved supply chain performance. Fortunately, there are techniques for doing a good job of this through optimization. Account – for your action.

Inventory 40

Inventory Management Agile and Lean Supply Chain Supply Chain Efficiency 40

Pipefy

DECEMBER 18, 2023

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings.

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