IBM Supply Chain Blog
FEBRUARY 28, 2024
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.
IBM Supply Chain Blog
DECEMBER 13, 2023
Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Procure-to-pay (P2P) software links procurement practices to accounts payable and can streamline steps such as supply management, purchase orders and invoicing.
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IBM Supply Chain Blog
FEBRUARY 13, 2024
It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility. Sign up for a 30-day free trial here Risk management Supply chains are under tremendous stress, facing challenges from supply, demand, logistics and shifting industry landscapes.
HICX
FEBRUARY 15, 2024
Since then, there has been a renewed focus on digitalization of supply chain management that provides a holistic view of the supply chain with transparency. This approach to supplier relationship management incentivizes both parties to work together to achieve a more agile and considered approach to supply chain management.
Supply Chain Game Changer
SEPTEMBER 16, 2020
But as we chronicle on the Argentus blog, the field has changed. What once used to be a field strictly about getting goods from point A to point B has become one where the top performers use sophisticated technology and supplier relationship management to provide untold cost savings, risk mitigation and innovation.
Supply Chain Game Changer
NOVEMBER 9, 2018
Lack of end to end visibility across the Supply Chain from Suppliers through to internal operations and on to end Customers, inclusive of Logistics operators. Lack of an effective Supplier Relationship Management program. Check out What Exactly Is Supply Chain Management?
World of Procurement blog
MAY 8, 2024
Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms. The goal is to secure optimal sourcing arrangements with reliable suppliers who can meet production needs. Careful supplier selection and supplier relationship management are key.
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