Remove Blog Remove e2e Remove Real-time Visibility Remove Supplier relationship management
article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management. For example, the IBM Sterling Transaction Manager automates manual transactions between businesses and suppliers. Try out cognitive intelligence free for 30-days.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. Solutions like the IBM Sterling Fulfillment Optimizer help teams execute new sourcing decisions in real time to meet fluctuating customer demand.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Supply Chain Management: Best Practices and Trends

HICX

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. From cloud-based platforms to advanced supplier data analytics , digital solutions are addressing the challenges of supply chain management.

article thumbnail

The Supply Chain Detectiveâ„¢! In Search of Broken Supply Chain Clues!

Supply Chain Game Changer

If you have been with a company for a long time you may understand the inner workings of the company’s Supply Chain very well but you may lack the objectivity to assess how well it is working. There may be real problems. Lack of an effective Supplier Relationship Management program. Lean, Agility).

article thumbnail

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Customers receive orders on-time without backlogs. Plan The planning phase focuses on forecasting demand to determine what products are needed, the quantities required, and timing of orders. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.