IBM Supply Chain Blog

MARCH 25, 2024

Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain. Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content.

Supply Chain Optimization 108

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 108

Barkers Procurement

MARCH 3, 2022

Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. What is ethical procurement? Guided by these principles, companies proactively eliminate unethical practices throughout the supply chain.

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IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

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IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 120

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 120

IBM Supply Chain Blog

FEBRUARY 28, 2024

Now, sourcing and procurement professionals are reaping the rewards of such automation: streamlining workflows, boosting the bottom line and finding efficiencies. Blockchain technology ensures that it’s stored, accessed and shared quickly, accurately and transparently. How is sourcing strategy different than procurement strategy?

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World of Procurement blog

APRIL 24, 2024

Understanding the Procurement Process At its core, the procurement process is a strategic axis around which the efficiency, effectiveness, and ethical standards of a business revolve. Each of these processes requires a blend of analytical prowess, foresight, ethical consideration, and strategic acumen.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Procurement Sustainability 52

Skill Dynamics

JUNE 15, 2022

Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An ethics policy.

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Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

IBM Supply Chain Blog

MARCH 16, 2023

While these regulations make a bold step towards a more sustainable future, most fashion brands are now left to ponder how they can start to provide verifiable information about the sustainability of their clothing, given pervasive lack of insight into the sourcing of raw materials and complex supply chains.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

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

ivalua

JANUARY 13, 2023

This demonstrates that businesses increasingly recognize diversity as a global issue and these programs provide an “ethical” mechanism to connect with customers through community engagement. However, the ethical justification is no longer the totality of the value proposition as leaders now see the overall value for their business. .

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Suppliers Strategy Agile and Lean Supply Chain Ethics 246

Arkestro

SEPTEMBER 29, 2023

In this blog, we’ll explore how autonomous procurement is reshaping procurement execution, freeing organizations to spend less time on routine tasks — and more time on high-value activities that further overall business goals. Procurement teams run at the highest level of efficiency with autonomous procurement. billion in the U.S.

Supply Chain Efficiency 52

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IBM Supply Chain Blog

MAY 14, 2024

Don’t be afraid to reframe transparency from simply documenting the choices made after the fact to seeking public input beforehand. Beyond technical requirements, you will also need to document and articulate agency-wide ethics and values regarding the creation and use of AI, which will inform your decisions about risk.

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IBM Supply Chain Blog

MARCH 29, 2024

Imagine a future where artificial intelligence (AI) seamlessly collaborates with existing supply chain solutions, redefining how organizations manage their assets. Your AI workflows should support responsibility, transparency, and “explainability.” Undoubtedly. But what if you could optimize even further?

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Data Supply Chain Efficiency Management Supply Chain Optimization 93

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

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IBM Supply Chain Blog

JANUARY 25, 2024

Business leaders are eager to redesign their business strategies to better serve customers, patients, employees, partners or citizens more efficiently and improve the overall experience. Learn the principles of trust and transparency recommended by IBM for organizations to responsibly integrate AI into their operations.

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Ethics Strategy Risk Business strategy 107

World of Procurement blog

MAY 8, 2024

Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Increases efficiency by standardizing, streamlining, and automating processes.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Prioritize Ethics and Compliance Ensuring ethical practices and compliance with laws and regulations is essential. By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships.

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World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Prioritize Ethics and Compliance Ensuring ethical practices and compliance with laws and regulations is essential. By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Skill Dynamics

JULY 22, 2022

Skilled negotiators must be able to communicate clearly and efficiently with the other party during the negotiation. Ethics and reliability. Ethical standards and reliability in a skilled negotiator stimulate trust for an effective negotiation to take place. Verbal communication.

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IBM Supply Chain Blog

DECEMBER 20, 2023

A robust AI strategy will enable these organizations to navigate the complexities of integrating AI, adapt quickly to technological advancements and optimize their processes, operational efficiency and overall growth. Establish ethical guidelines Understand the ethical implications of the organization’s responsible use of AI.

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Strategy Ethics Supply Chain Efficiency Supply Chain Optimization 81

IBM Supply Chain Blog

AUGUST 16, 2023

Infrastructure: An end-to-end approach into the lifecycle of computing units, such as sourcing precious and rare metals and reducing their usage, reducing energy and computing units, and ultimately recycling the units Code: Writing efficient, open and secure code. Systems: Producing ethical and unbiased systems, including explainable AI.

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Ethics Data Sustainability Collaboration 61

SCMDOJO

OCTOBER 27, 2023

Delivery and Lead Time Negotiation: Negotiating the timeframes for delivery and lead times to ensure timely supply without disruptions. These risks may include supply chain disruptions and quality issues. Set Expectations: Suppliers appreciate transparency. Clarity is essential for effective communication.

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Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

IBM Supply Chain Blog

JUNE 23, 2023

We must transform from manual processes (that require meticulous analysis, critical thinking and effective communication skills) to AI-powered processes that streamline and improve operational efficiency. Consider the ethical implications. It will not solve all your problems or replace the need for human expertise.

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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 make deploying AI significantly more scalable, affordable and efficient.” It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

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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.

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Supply Chain Game Changer

JANUARY 22, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Benefits of IoT article written for Supply Chain Game Changer by, and permission to publish here provided by, Michael Dehoyos. IoT and Supply Chain. Subscribe Here!

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Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 66

IBM Supply Chain Blog

DECEMBER 15, 2023

Sustainability in business also provides organizations an opportunity to create more efficient supply chains that have a positive impact on the planet. Recycling programs, renewable energy sources, waste reduction and energy efficiency—all these things in theory can contribute to better environmental footprint.

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World of Procurement blog

APRIL 24, 2024

In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. This globally respected status is evidence of your strategic acumen, ethical practice, and dedication to continuous improvement.

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IBM Supply Chain Blog

SEPTEMBER 20, 2023

When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services. Agency for International Development’s Global Health Supply Chain Program.

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IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability.

Procurement strategies 74

Procurement strategies Strategy Procurement Supply Chain Efficiency 74

IBM Supply Chain Blog

OCTOBER 30, 2023

Ethical and regulatory barriers : Upholding AI ethics is pivotal. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

Agile and Lean Supply Chain 87

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Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

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IBM Supply Chain Blog

JUNE 26, 2023

As the outcomes of AI insights become more business-critical and technology choices continue to grow, you need assurance that your models are operating responsibly with transparent process and explainable results. Automatic capture of model metadata and facts provide audit support while driving transparent and explainable model outcomes.

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Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Risk management: Identify and address supply chain risks for uninterrupted goods/services supply.

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World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. By leveraging data and algorithms, AI-powered tools can help reduce risks and costs in the supply chain. This improves compliance.

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