World of Procurement blog

MAY 8, 2024

Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Setting the right KPIs ensures priorities are clear for the team.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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

World of Procurement blog

MAY 10, 2024

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.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

SEPTEMBER 1, 2023

Malware Malware —short for “malicious software”—is software code written intentionally to harm a computer system or its users. A Trojan horse is malicious code that tricks people into downloading it by appearing to be a useful program or hiding within legitimate software.

Real-time Visibility 103

Real-time Visibility Networking Ethics Data 103

IBM Supply Chain Blog

OCTOBER 16, 2023

An AI governance framework ensures the ethical, responsible and transparent use of AI and machine learning (ML). Foundation models can use language, vision and more to affect the real world. In addition to natural language, models are trained on various modalities, such as code, time-series, tabular, geospatial and IT events data.

Risk 71

Risk Management Ethics Real-time Visibility 71

Empowering CPO

JUNE 26, 2023

In this blog, we will delve into the exciting future of spend analysis and discuss the key trends that forward-thinking organizations should watch out for. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

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. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

MAY 6, 2023

As global supply chains become more complex and interconnected, procurement professionals play a critical role in ensuring businesses remain competitive and resilient. Predictive analytics, for instance, allows procurement professionals to forecast demand, identify potential supply chain disruptions, and optimize inventory levels.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 52

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. This blog post aims to delve deeper into the transformative power of spend analysis technology in procurement.

Procurement 52

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

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? But, as stakeholders in the future of tomorrow, we also have to be conscious about the necessary steps to realize sustainable impact, for real. Subscribe Here! Email Address. Sustainability.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Empowering CPO

JUNE 27, 2023

Purpose and Key Insights of this Blog This blog aims to provide a high-quality, in-depth exploration of the significance of spend analysis in driving procurement success. Real-world success stories and case studies illustrating the significant impact of spend analysis on achieving tangible cost savings and procurement optimization.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

HICX

AUGUST 17, 2023

At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business success in the modern global economy. Table of Contents What is Supplier Performance Management? What is Supplier Performance Management?

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

JULY 19, 2023

This blog post is part of the “All You Need to Know About Red Teaming” series by the IBM Security Randori team. According to an IBM Security X-Force study , the time to execute ransomware attacks dropped by 94% over the last few years—with attackers moving faster. Timeframe Short: One day to a few weeks.

Real-time Visibility 62

Real-time Visibility Networking Data Ethics 62

HICX

SEPTEMBER 11, 2023

Supplier risk management (which can be referred to as SRM, although this acronym more commonly means supplier relationship management) is a process that identifies, assesses and mitigates threats posed in the organization’s supply chain that have the potential to impact revenue generation and profit.

Risk management 52

Risk management Risk Suppliers Management 52