Let's Talk Supply Chain

JANUARY 24, 2023

It’s a new year, and Bloomberg has already coined it the 2023 hangover for supply chain leaders. Never in modern history have supply chain leaders had more visibility, vulnerability, or accountability laid squarely at their feet. Meanwhile, new challenges are still coming painfully into focus.

supply chain software solutions 98

supply chain software solutions Supply Chain Optimization Supply chain Supply 98

World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. How can procurement help achieve those aims through better supplier relationships and spending optimization?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Now, anyone can follow the full journey of a shrimp through the supply chain. How is sourcing strategy different than procurement strategy?

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IBM Supply Chain Blog

DECEMBER 20, 2023

Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals. Without an AI strategy, organizations risk missing out on the benefits AI can offer. What is an AI strategy?

Strategy 78

Strategy Ethics Supply Chain Efficiency Supply Chain Optimization 78

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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Procurement Supply chain management Supply chain management Supply Chain Optimization 52

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. But what if you could optimize even further? Undoubtedly.

Data 90

Data Supply Chain Efficiency Management Supply Chain Optimization 90

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 85

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 85

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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Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

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. Job Description, Skills, and Qualifications What does a Procurement Manager do? from 2023 to 2030.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

World of Procurement blog

APRIL 23, 2024

Prioritize Ethics and Compliance Ensuring ethical practices and compliance with laws and regulations is essential. Implement Risk Management Practices Identifying, assessing, and mitigating risks related to supply chain disruptions, price volatility, and supplier performance is critical.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Prioritize Ethics and Compliance Ensuring ethical practices and compliance with laws and regulations is essential. Implement Risk Management Practices Identifying, assessing, and mitigating risks related to supply chain disruptions, price volatility, and supplier performance is critical.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Procurement Tactics

JUNE 28, 2023

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.

Supply Chain Efficiency 178

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

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. Policies serve as guidelines for the procurement team, ensuring consistency and adherence to ethical standards.

Procurement strategies 72

Procurement strategies Strategy Procurement Supply Chain Efficiency 72

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!

Supply Chain Efficiency 66

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

World of Procurement blog

MAY 10, 2024

By leveraging data and algorithms, AI-powered tools can help reduce risks and costs in the supply chain. Reducing Supply Chain Risks Ongoing monitoring of suppliers is crucial for reducing supply chain disruptions. AI delivers the data-driven intelligence to optimize sourcing for maximum value.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 4, 2023

AAR Corp, a private provider of aviation services, is considering the use of generative AI to optimize inventory management, provide predictive maintenance, improve warehouse operations and automate parts ordering. Create digital twins : Aircraft designers and MRO companies frequently create virtual models of products or systems.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency Warehouse operations Data 74

World of Procurement blog

APRIL 23, 2024

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.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

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.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

JANUARY 25, 2024

We must ask, what is the intent of the model and for whom is it optimized? This approach extends to ethical practices, which is why IBM created a Trustworthy AI Center of Excellence (COE). Interested in AI ethics? ” The COE offers training in AI ethics to practitioners at every level. You have a seat at this table.”

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Import Ethics Risk Data 90

IBM Supply Chain Blog

APRIL 25, 2024

This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues. Navigating ethical personalization Personalization in commerce is no longer optional.

Strategy 91

Strategy Ethics Purchasing Data 91

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business, the role of warehousing within the supply chain has grown to be more pivotal than ever. However, the role of the warehouse in the supply chain can vary significantly depending on the nature of the goods stored and the requirements of the business it serves.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Order Fulfillment 52

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. Autonomous procurement refers to the use of advanced technologies to streamline and optimize the procurement process.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions.

Data 124

Data Ethics Quality Project management 124

IBM Supply Chain Blog

FEBRUARY 23, 2024

It signifies a shift in human-digital interaction, offering enterprises innovative ways to engage with their audience, optimize operations, and further personalize their customer experience. Optimal for handling repetitive, straightforward queries, they are best suited for businesses with simpler customer interaction requirements.

Ethics 104

Ethics Data Management Inventory 104

Empowering CPO

JULY 3, 2023

MPS involve the outsourcing of procurement functions to a specialized third-party provider, offering a strategic approach to managing and optimizing organizational spend. In this blog, we will delve deep into the realm of managed procurement services, and more importantly, the innovative strategies that are revolutionizing this field.

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IBM Supply Chain Blog

DECEMBER 5, 2023

From customer behavior predictions to supply chain efficiency and personalized marketing, AI has the potential to revolutionize the industry’s efficiency and productivity in several important areas, including customer care, operational efficiency and talent transformation.

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Supply Chain Efficiency Supply Chain Optimization Inventory Data 95

IBM Supply Chain Blog

JANUARY 24, 2024

The terms “ ethical hacking ” and “penetration testing” are sometimes used interchangeably, but there is a difference. Ethical hacking is a broader cybersecurity field that includes any use of hacking skills to improve network security. Penetration tests are just one of the methods ethical hackers use.

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Ethics Networking Risk Data 80

IBM Supply Chain Blog

MARCH 8, 2023

We formally stood up our AI Ethics Board in 2018 to ensure that AI systems created at IBM are developed and deployed ethically. We work with businesses to identify low-risk uses cases, to assess, educate, and communicate across the organization and to stand up their own internal AI ethics board.

Ethics 52

Ethics Data Innovation Business strategy 52

Supply Chain Game Changer

JUNE 6, 2019

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Consumers are demanding more from the companies they buy from, and Supply Chain Management is at the forefront of delivering that increased responsibility. Subscribe Here! Email Address.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

OCTOBER 16, 2023

An AI governance framework ensures the ethical, responsible and transparent use of AI and machine learning (ML). It also lets you choose the right engine for the right workload at the right cost, potentially reducing your data warehouse costs by optimizing workloads.

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Risk Management Ethics Real-time Visibility 76

IBM Supply Chain Blog

DECEMBER 20, 2023

Starbucks also paid careful attention to its supply chain, ensuring is products were ethically sourced and offering specialty drinks that in some geographic locations could be difficult to find. Typically, the chain leases its stores and keeps them small and bare bones, saving money on real estate and extensive labor costs.

Business strategy 77

Business strategy Strategy Leadership Agile and Lean Supply Chain 77

IBM Supply Chain Blog

MAY 9, 2023

Increasingly we are also seeing companies making social and ethical responsibility a key strategic imperative. Watsonx.governance is designed to help businesses manage their policies, best practices and regulatory requirements, and address concerns around risk and ethics through software automation.

Ethics 77

Ethics Risk Data Management 77

IBM Supply Chain Blog

APRIL 22, 2024

The platform, created in partnership with Andel Energi in Denmark, uses IoT sensors, AI and the cloud to provide an energy ecosystem for consumers to participate in real-time, intelligent grid optimization. This will help advance progress by optimizing resources used.

Sustainability 84

Sustainability Data Sourcing Strategy 84

Empowering CPO

JULY 2, 2023

This blog post aims to delve into the world of managed procurement services, explore its current state, and cast a light on the key trends that are set to shape its future. Risk Management: Identifying and mitigating potential risks in the supply chain, ensuring business continuity and resilience.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Supply Chain Action Blog

MARCH 12, 2015

Citing client examples the report states, “Perpetual planning enables more accurate demand and supply knowledge, as well as more accurate production and assembly status that can lower processing and inventory costs. I’ll leave you with this thought of my own: “Ethical corporate behavior comes from hiring ethical people.

Supply Chain Analytics 40

Supply Chain Analytics Supply Chain Optimization supply chain software solutions Supply chain 40

SCMDOJO

APRIL 20, 2023

From overseeing purchasing activities, negotiating with vendors, and managing supplier relationships to ensuring compliance with regulations and optimizing procurement strategies, this template will help you understand the core duties and qualifications expected of a Procurement Manager.

Management 95

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Supply Chain Game Changer

AUGUST 8, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Automation Helps Selling Food Online! Many POS systems also incorporate Customer Relationship Management (CRM) tools, which have allowed restaurants to optimize their marketing and provide groups of customers, for example, with targeted special offers.

Supply Chain Optimization 110

Supply Chain Optimization Supply chain Innovation Supply chain automation 110