IBM Supply Chain Blog

APRIL 14, 2023

However, their manual planning and budgeting process in spreadsheets posed several challenges, including lack of control, delayed data, poor execution, and the need for continuous follow-up with IT for actual data. They faced obstacles such as a prolonged budget process, manual forecasting, and no product profitability.

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IBM Supply Chain Blog

JANUARY 26, 2024

In this blog, we’ll explore the importance of vegetation management, its impact on multiple industries, the challenges it presents and how technology can streamline this manual and laborious process. Using remote sensing data and AI, organizations can predict and avoid real problems and achieve efficient budget utilization.

Management 68

Management Budget Data Risk 68

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. Using an automated system for procurement and procurement management is critical to succeeding in today’s business world. What Is Automated Procurement? Email Address.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

IBM Supply Chain Blog

DECEMBER 4, 2023

This approach empowers organizations to utilize data-driven analytics, artificial intelligence (AI) and automation to make well-informed decisions swiftly and accurately, enabling them to navigate the complexities of the modern marketplace with agility and precision.     This is where autonomous planning shines.

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supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization Budget 51

Arkestro

APRIL 9, 2024

Resources / Blog / Pioneering Procurement: How Arkestro’s Patents Are Reshaping the Industry Pioneering Procurement: How Arkestro’s Patents Are Reshaping the Industry In the dynamic realm of procurement, leveraging cutting-edge technology and innovative methodologies isn’t just advantageous—it’s essential.

Procurement 52

Procurement Negotiation Innovation Procurement strategies 52

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. Over or under utilization of contracts and budgets, . Automated Buyer verification .

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Sourcing Real-time Visibility Procurement Buyers 52

IBM Supply Chain Blog

AUGUST 16, 2023

As a result, IT budgets are experiencing decreases along with overall operational budgets. Here are six ways organizations can improve their cloud cost management, increase cloud cost optimization and drive as much value from their cloud budgets as possible.

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IBM Supply Chain Blog

MAY 1, 2023

Fundamentally, as a Cloud Operator, you need to ensure great end-user experiences while staying within budget. In this blog post, we will review the various methods of GCP cloud cost management, what problems they address and how GCP users can best use them. Learn more about IBM Turbonomic.

Supply Chain Optimization 84

Supply Chain Optimization supply chain budgeting Cost optimization Budget 84

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era.

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Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. Are you using any tools or solutions to help you manage your spend?

Price 264

Price Strategy Sourcing Real-time Visibility 264

Barkers Procurement

OCTOBER 18, 2023

In this blog we review why robust procurement is so crucial for SMEs. Procurement, especially when a process is automated, can spare employees admin-heavy tasks and allow them to concentrate on more productive tasks that foster profitability. A more visible process empowers them to spend correctly and within budgets.

Import 52

Import Supply Chain Efficiency Procurement supply chain budgeting 52

IBM Supply Chain Blog

MAY 9, 2023

Our partners are making a difference In my last blog , I talked about how far we’ve come with our partner program and our efforts to meet clients where they are. See more about Think 2023 here The post At IBM Think, partners are front and center appeared first on IBM Blog.

Vendor relationships 99

Vendor relationships Strategy Budget Quality 99

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge. Financial understanding: Working knowledge of financial principles, budgeting, and cost analysis for cost optimization.

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supply chain budgeting Management Supply Chain Optimization Procurement 52

IBM Supply Chain Blog

JULY 5, 2023

For example, IBM® Turbonomic® automates critical actions in real-time, without human oversight, to help you most efficiently use compute, storage and network resources. Inform: Organizations need accurate and up-to-date visibility to make intelligent decisions on allocation, benchmarking, budgeting and forecasting.

Cost optimization 68

Cost optimization Real-time Visibility Price Budget 68

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

IBM Supply Chain Blog

NOVEMBER 10, 2023

A recent survey 1 found that cloud over-spending was higher in 2022 than in the previous year: 56% of companies surveyed admitted that spending on public cloud was significantly over budget, some by over 20% to 30% of their intended spend. But there’s another option: cloud management platforms and FinOps to better manage costs.

Demand 73

Demand Cost optimization Purchasing Budget 73

IBM Supply Chain Blog

OCTOBER 30, 2023

By using a leading security orchestration, automation, and response (SOAR) solution, an organization’s SOC will be empowered to manage its threat response more efficiently and decisively.

Data 79

Data Leadership Risk management Risk 79

Supply Chain Trend

JUNE 29, 2023

Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast. A Digital Twin to Model the xP&A and Supply Chain Planning Process To fully automate any process, digitisation is required. Automated Execution Planning decisions in the supply chain need to be automatically executed.

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Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

IBM Supply Chain Blog

SEPTEMBER 19, 2023

Automation for efficient operations Instana was built with automation in mind, understanding that manual intervention leads to delays, inefficiencies and potential errors. Learn more about IBM Instana The post Buying APM was a good decision (so is getting rid of it) appeared first on IBM Blog.

Real-time Visibility 86

Real-time Visibility Price Data Budget 86

IBM Supply Chain Blog

MAY 16, 2023

These processes are becoming more complex as AI and automation eliminate the tasks that can be executed through technology, leaving only the most challenging work behind. When effectively managed across an organization, content can be used to engage customers, automate business processes and enhance collaboration.

Management 72

Management Data Strategy Budget 72

IBM Supply Chain Blog

FEBRUARY 5, 2024

In this blog, we review the benefits of cloud migration and some common challenges organizations face, to help your organization better prepare for a cloud migration. The roadmap considers factors like dependencies, latency and security concerns, and the leveraging of technologies like automation. a migration will be.

Management 70

Management Strategy Data Risk 70

IBM Supply Chain Blog

NOVEMBER 10, 2023

Once the review of the organization’s current system, workflow, and everyday functions are assessed it’s time to select the right ERP system that meets your business requirements, such as budget forecasting and pricing. An ERP software can be acquired in this first step if the requirements have been well-defined.

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supply chain software solutions Data Supply Chain Efficiency supply chain budgeting 119

IBM Supply Chain Blog

NOVEMBER 8, 2023

TR9 — announced in October, we listened to feedback from our IBM i Advisory Councils and prioritized advancements in ease of use, productivity, and automation with enhancements to Navigator for i and new additions to SYSTOOLS for automating Db2 for i. Red Hat Ansible Automation Platform components now run natively on IBM Power.

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Leadership Data Cost of ownership Strategy 96

Supply Chain Trend

DECEMBER 22, 2023

We’ve entered an AI era where 76% of work can be augmented or automated. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Many which I’ve highlighted over the years in blogs and articles. In February 2022, I wrote the first of a five blog series using the name Intelligent IBP.

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Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

IBM Supply Chain Blog

JUNE 30, 2023

Ditch manual processes in favor of digitizing and automating supply chain processes. Automation will enable organizations to identify and resolve critical supply chain issues faster with end-to-end visibility , advanced analytics and actionable workflows. This equipment is critical to expanding capacity for chip production.

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Arkestro

MAY 23, 2023

Resources / Blog / Overcoming Construction Struggles With Predictive Procurement Overcoming Construction Struggles With Predictive Procurement In years past, the construction industry lagged behind the pack when it came to predictive procurement and digital transformation. The impact of investing in AI can be substantial.

Procurement 52

Procurement Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 52

IBM Supply Chain Blog

APRIL 13, 2023

Some organizations are looking to improve business operations by moving from legacy ERP to SAP S/4HANA®, SAP’s next-generation ERP software, while others want to replace manual processes with AI and automation. Are there tasks that can be automated to increase efficiency and productivity?

Change management 79

Change management Innovation Vendor management Management 79

Supply Chain Game Changer

NOVEMBER 25, 2022

Establish a budget. By the same token, you simply must create a budget so that you know how much you’re spending and what you’re spending on. In summary, managing credit card debt can be daunting, but not if you create good habits around budgeting, spending, and paying attention to due dates. Be smart about credit use.

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supply chain budgeting Management Budget Supply chain 98

IBM Supply Chain Blog

JANUARY 24, 2024

Add that to the ongoing cost of continuously running workloads and your finance team will ask you why your cloud costs are always over budget. Once you have decided on where to place your workloads, Turbonomic can help automate your application resourcing so your applications can run optimally in the cloud or data center.

Data 65

Data Strategy Demand Budget 65

IBM Supply Chain Blog

FEBRUARY 14, 2024

McDonald’s is building AI solutions for customer care with IBM Watson AI technology and NLP to accelerate the development of its automated order taking (AOT) technology. For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions.

Real-time Visibility 86

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 86

IBM Supply Chain Blog

JANUARY 25, 2024

A 35% decrease in maintenance budgets. Master data quality to improve scoring, prioritization and automated validation of data. The post MRO spare parts optimization appeared first on IBM Blog. A 40% reduction in inventory costs. A 25% increase in service levels. Results may vary.

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Supply Chain Optimization Inventory Agile and Lean Supply Chain supply chain budgeting 79

SCMDOJO

NOVEMBER 9, 2023

Budgeting the Inventory controls Anticipation and meticulous planning are paramount when embarking on inventory management, necessitating the formulation of an annual inventory budget well in advance. Inventory control templates must be formulated dictating the desired budget.

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Supply Chain Trend

JUNE 28, 2023

Arguably, xP&A and IBP have the same objective: tightly integrating strategic, financial, and operational plans with budgets. The Continuous Rise of Automation Another major trend is the rise of automation. Supply chain automation has been happening for years. These numbers account for 84% of the workforce.

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Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

IBM Supply Chain Blog

JUNE 30, 2023

Automate to ensure consistent service levels Without real-time demand sensing combined with visibility into performance across supplier networks, increasing grid/energy demands for consumers and growing communities can lead to product excess or shortages.

e2e 63

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 63

IBM Supply Chain Blog

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 Budget constraints for cybersecurity and perception that their organization is sufficiently protected.

Data 58

Data Real-time Visibility Networking Risk 58

Arkestro

MAY 9, 2023

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.

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supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Planergy

AUGUST 18, 2023

This blog post will explore how office management has evolved, delve into various types of offices, and provide practical best practice guidelines for modern office management, including innovative software solutions. It includes overseeing scheduling, planning, organizing, staffing, budgeting, communication, and problem-solving tasks.

Management 52

Management Budget Collaboration Spend management 52