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How generative AI will revolutionize supply chainĀ 

IBM Supply Chain Blog

Here are some ways generative AI is transforming supply chain management: Sustainability Generative AI helps to optimize companies’ supply chains for sustainability by identifying opportunities to reduce carbon emissions, minimize waste and promote ethical sourcing practices through scenario analysis and optimization algorithms.

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction. The ability to make these sourcing decisions in real-time can help increase profits during peak demand periods and better meet customer expectations. Read our solution brief to get started.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

Spend Analysis and Classification with AI AI and machine learning are transforming spend analysis and classification, providing procurement teams with unprecedented visibility into organizational spending. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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Complete Guide to the Procurement of Materials

World of Procurement blog

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

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Complete Guide to the Procurement of Materials

World of Procurement blog

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

The following are examples of strategic sourcing use cases: Transparency and traceability From fast fashion to fluorite, consumers and stakeholders are keyed into product provenance—expecting brands to uphold ethical, responsible sourcing practices. And from that group, 71% would pay a premium for it.