Una

FEBRUARY 20, 2023

A chocolate maker, for example, may substitute an ingredient with a cheaper alternative while retaining quality. Implementing a Just-in-Time supply chain keeps your warehousing lean and at just the right level to meet demand. A manufacturer may find a more cost effective packaging solution.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

IBM Supply Chain Blog

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. Data: High-quality, relevant data is the fuel that powers generative AI success. Garbage in, garbage out.

Data 122

Data Ethics Quality Project management 122

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Una

JANUARY 8, 2024

Value-Creation Maestro Now, imagine investing a bit more in high-quality printers with a longer lifespan. The initial investment pays off not just in the quality of prints but in lower servicing costs and a nod to sustainability. By actively seeking suppliers that bring innovation, quality, and reliability to the table.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Procurement Software

MAY 23, 2023

Very few CEOs come from Procurement or Supply Chain. In a world of hyper connectivity created by rampant globalisation, Apple had shown itself to be a master of procurement, working with suppliers around the world to create the highest quality and most innovative products, all for the best price.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52

The Good Spending

JUNE 15, 2022

Modified Rebuy A buyer wants to replace or amend a product used in the organization. The decision-making may involve plans to modify the product specifications, prices, terms, or vendors to enhance the product quality or reduce cost. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

IBM Supply Chain Blog

DECEMBER 20, 2023

Though the items sold at Starbucks were more expensive than those of the competitors, they were highlighted in marketing campaigns as unique and superior quality goods. Stores also typically stock a smaller number of products targeted to its specific customer base, cutting costs and allowing it precise control of its supply chain process.

Business strategy 75

Business strategy Strategy Leadership Ethics 75

Solvoyo

JULY 9, 2020

Solvoyo’s Development & DevOps teams were able to switch to remote working in a matter of hours while ensuring critical systems and projects kept running. Thanks to putting agile and resilient plans in place well ahead of the crisis, we were ready pretty quickly. Solvoyo has built strong DevOps since its foundation.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. This could involve joint product development, shared risk and reward models, or long-term partnerships.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Supplier relationship management is a process for developing and managing collaborative relationships with suppliers at all levels to achieve the required business objectives and overall supply chain strategy. Tactical communications include daily interactions and updates on supply.

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44

IBM Supply Chain Blog

DECEMBER 18, 2023

Create an agile company with the capacity to adapt quickly to market changes. If the perception arises that the organization’s lower prices correspond to lower-quality goods, it may negatively impact the business. Help ensure that all employees have well-defined goals and clear mandates for the organization.

Business strategy 73

Business strategy Strategy Leadership Price 73

Supply Chain Opz

JANUARY 1, 2017

With the help of operations management textbook, we can learn how the products and services are designed, produced and delivered to customers in systematic manner. We were able to slash new product development timing by 3 weeks by spending just 3 hours to learn more about project management concept.

Management 40

Management Agile and Lean Supply Chain Project management Supply chain management 40

Supply Chain Trend

OCTOBER 29, 2021

For the longer-term decisions on planning and strategy, technology will augment the quality of human-centric decisions and nurture human-machine collaboration. 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).

Supply Chain Optimization 78

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

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1. Businesses can implement the following measures to achieve this: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 7, 2023

Automated data preparation and cleansing : AI-powered data preparation tools will automate data cleaning, transformation and normalization, reducing the time and effort required for manual data preparation and improving data quality. Next-generation cloud OLAP database engines are expected to bring significant advancements.

Data 62

Data Strategic planning Value analysis Cost optimization 62

IBM Supply Chain Blog

JUNE 29, 2023

To maintain their competitiveness and overcome today’s challenges, manufacturers have had to make agility and adaptability top priorities. Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. Digitalization and Industry 4.0

Supply Chain Optimization 57

Supply Chain Optimization Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 57