IBM Supply Chain Blog

DECEMBER 13, 2023

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. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Una

OCTOBER 13, 2022

Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. The last couple of years have truly been a very exciting time to be in supply chain. Current Events Impacting Procurement. By Hugo Britt | October 13, 2022. Food shortages.

Procurement 98

Procurement Agile and Lean Supply Chain Price Supply chain 98

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . However, talent management and innovation are expected to be the long term investments. .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supply chain disruptions, and rapid inflation have all created challenging times for procurement professionals.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. These competencies are essential for ensuring that organizations can secure the goods and services they need at the best possible value.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 13, 2018

The techniques devised in strategic sourcing and category management strategies to choose suppliers and build strategic partnerships are due for an overhaul. Today’s uncertain and volatile markets make agility and change inevitable as well as essential. appeared first on Supply Chain Game Changer™.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Empowering CPO

JUNE 14, 2023

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Technology usage: Walmart uses a proprietary Retail Link system that helps in managing its supply chain by tracking sales and inventory levels in real time.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. Our organisation has adopted agile ways of working.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real? appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address. Circular Economy.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

World of Procurement blog

JANUARY 27, 2021

When I graduated college with my shiny new Supply Chain Management degree, I figured I was heading into my first job to work on supplier contract negotiations, optimizing production line output, and all of the other 'sexy' supply chain management strategy we had spent two years learning about.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Supply 52

Jaggaer

SEPTEMBER 29, 2020

Whichever way you look at it, most SME (small to medium enterprises) and large companies alike have found managing supply chains and their spend very difficult compared to how it was just a few months ago. They have had to rethink their sourcing and supply chain strategies, with many inshoring or nearshoring.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

The Good Spending

JANUARY 4, 2023

Category strategy will elaborate on logistical and supply management aspects, i.e., inventory planning and supply chain configuration. You will leverage the existing supply base and elaborate on cost engineering to negotiate effectively. New task – all new products with new specs and no established supply base.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

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

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. Implement Centralized Procurement A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Templates

JUNE 18, 2023

Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supply chain management.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

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. The third area of importance is the speed and agility of the supplier. Cost is next on the list.

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44

Una

JANUARY 29, 2024

I’ve claimed in the title of this issue that 2024 is going to be a doozy for supply managers. What would it mean for supply chains? But Taiwanese voters chose to defy China by re-electing the independence-leaning Democratic Party led by Lai Ching-te. Was this forwarded to you by a friend? How much of a doozy?

Agile and Lean Supply Chain 52

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