IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. BPR involves business process redesign that challenges norms and methods within an organization.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 62

IBM Supply Chain Blog

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Innovation 108

Innovation Ethics Collaboration Data 108

IBM Supply Chain Blog

MARCH 29, 2024

Illuminating new possibilities with IBM Watson Talent Frameworks Conagra partnered with IBM to co-create a foundational skills taxonomy across 700 job roles by using IBM Watson Talent Frameworks, which features a robust library of skills and competencies.

Collaboration 44

Collaboration Strategy Data 44

IBM Supply Chain Blog

JUNE 23, 2023

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. Pilot the technology.

Data 65

Data Strategy Collaboration Ethics 65

IBM Supply Chain Blog

MARCH 13, 2023

Mandatory regulatory disclosures regarding environmental, social and governance (ESG) factors are on the horizon for businesses everywhere. “You can’t wait for the regulations to kick in,” says Adam Thompson, Global Sustainable Finance and ESG Reporting Offerings Lead, IBM Consulting. Ready or not, here they come.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Sustainability Supply Chain Optimization 52

Arkestro

JUNE 6, 2023

Resources / Blog / What Does Finance Think of Procurement? What Does Finance Think of Procurement? Procurement and finance are two sides of the same coin. On the one side, finance is concerned with keeping the company budget in the black. Which Procurement Metrics Do CFOs Look At?

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

APRIL 20, 2023

Let’s consider a few examples: At a materials engineering corporation An American materials engineering corporation, a global leader in the semiconductor industry, has been driving finance transformation through automation in partnership with IBM so the business can grow, even with a fixed finance headcount.

Supply Chain Optimization 72

Supply Chain Optimization Supply Chain Efficiency Sustainability Logistics 72

World of Procurement blog

APRIL 23, 2024

In this blog, we will explore the essential concepts and processes vital for beginners entering the field. Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. What Is Supply Chain Management?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

In this blog, we will explore the essential concepts and processes vital for beginners entering the field. Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. What Is Supply Chain Management?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

IBM Supply Chain Blog

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Data 94

Data Strategy Supply Chain Efficiency Sustainability 94

Supply Chain Trend

JUNE 29, 2023

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. It requires planning highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

IBM Supply Chain Blog

SEPTEMBER 28, 2023

An AI and data platform, such as watsonx, can help empower businesses to leverage foundation models and accelerate the pace of generative AI adoption across their organization. Business-targeted, IBM-developed foundation models built from sound data Business leaders charged with adopting generative AI need model flexibility and choice.

Data 94

Data Sourcing Risk Ethics 94

IBM Supply Chain Blog

APRIL 13, 2023

But each organization is at a different point and has different goals when transforming their businesses and modernizing their SAP environments. This starts with looking at your individual business function and considering what areas need improvement. What are your current business process and operational challenges?

Change management 82

Change management Innovation Management Vendor management 82

IBM Supply Chain Blog

DECEMBER 4, 2023

In the rapidly-evolving business ecosystem, many companies face a combination of challenges, including inflation, supply chain disruptions and a complex labor market. It empowers businesses in their sales planning, budgeting and forecasting processes. These factors exert significant pressure on profitability.

supply chain budgeting 51

supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization Budget 51

IBM Supply Chain Blog

APRIL 14, 2023

The world of business demands the right decisions to succeed. To address these challenges, Al Rabie partnered with 1Direction Global, a top solution provider in Financial and Operational Performance Management and Consulting, and a Gold Business Partner with IBM since 2018. This partnership has proven to be long-lasting.

Raw materials 73

Raw materials Budget Data Management 73

IBM Supply Chain Blog

JULY 12, 2023

For years, the bank has been part of IBM’s growing ecosystem of financial institutions and technology partners leveraging IBM Cloud for Financial Services to help deliver more improved customer services and products better tailored to each individual customer’s financial needs.

Sustainability 52

Sustainability Innovation Data Strategy 52

Barkers Procurement

FEBRUARY 26, 2024

This blog explores some of the key changes that have taken place in the last decade and how this has impacted procurement. Couple this with ESG financing where lower interest rates are available for investments following the ethos of Sustainable Development, and maybe the balance is tipping in favour of Sustainable Business?

Sustainability 52

Sustainability Procurement Agile and Lean Supply Chain Supply chain 52

Supply Chain Trend

JUNE 28, 2023

Extended Planning & Analysis (xP&A) , is the evolution of financial planning beyond the finance function. It requires planning that is highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Zycus Cognitive Procurement

SEPTEMBER 16, 2022

In a rapidly changing business landscape, organizations must continuously rethink their approach and we will specifically talk about how that applies to procurement and why it is pertinent to stay ahead of the competition. The post Challenging the Status Quo: Driving Value with Next-Gen Procurement appeared first on Zycus Procurement Blog.

Procurement 52

Procurement Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 52

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 75

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 75

Supply Chain Game Changer

JUNE 8, 2021

Many innovative brands love to make names for themselves by helping other businesses grow and become successful. There is no shortage of innovative brands helping other businesses in 2021. Rent A Wheel offers a unique and affordable service for small businesses that operate commercial vehicles. Rent A Wheel. TextSanity.

Innovation 98

Innovation supply chain software solutions Supply chain Purchasing 98

IBM Supply Chain Blog

DECEMBER 1, 2023

The fast-paced business world we live in today requires smart tools to manage a business’s operations and everyday needs. Enterprise resource planning (ERP) is a business management software built to do just that. With this business management solution, the organization handles its data management and security on-site.

supply chain software solutions 95

supply chain software solutions Supply Chain Optimization Data Management 95

IBM Supply Chain Blog

JANUARY 12, 2024

Jamworks has two core products: Jamworks for Education and Jamworks for Business. Jamworks for Business records in-person and online meetings, automatically highlights key sections and generates action items to ensure no important information is lost. This ensures that students can trust the output in front of them.

Data 104

Data Innovation Import Demand 104

Planergy

OCTOBER 18, 2023

Partnering with a travel management company (TMC) can help you access travel experts to make the most of your program. Corporate travel has become essential to many companies’ operations in today’s fast-paced business world. Developing a clear and concise travel policy streamlines everything. What Is a Corporate Travel Program?

Risk 52

Risk Real-time Visibility Negotiation Management 52

IBM Supply Chain Blog

FEBRUARY 22, 2024

We strongly believe the influx of data associated with AI will fuel tremendous business innovations, but requires strategic considerations, including around where data resides, data privacy, resilience, operational controls, regulatory requirements and compliance, and certifications. And our work doesn’t stop there.

Data 80

Data Innovation Risk Demand 80

IBM Supply Chain Blog

SEPTEMBER 6, 2023

When the market changes or a new opportunity comes up, businesses need the flexibility to adjust their financial plans quickly. Businesses need a budget that’s both carefully planned and time-flexible enough to be easily changed as needed. As the market changes, businesses can adapt quickly and move resources where needed.

Budget 89

Budget Collaboration Data Strategy 89

Let's Talk Supply Chain

AUGUST 4, 2022

Instead, it identifies changing customer needs and new business challenges as they happen, responding to them quickly and appropriately before these new opportunities disappear or metamorphose into something else. This creates a recipe for confusion within businesses and more broadly in the marketplace.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility Supply chain 105

IBM Supply Chain Blog

AUGUST 28, 2023

It’s no wonder then that Macmillan needs sophisticated business intelligence (BI) and data analytics. This encompasses their finance, sales, supply chain, inventory management and production areas. This data is leveraged by departments throughout the organization and is essential to their business operations.

Data 54

Data Inventory Supply Chain Efficiency Sourcing 54

Barkers Procurement

MAY 31, 2022

Last week saw the Barkers team attend Coupa Inspire 2022 in Berlin, the global community event for customers, technology partners and industry professionals across supply chain, procurement, finance, treasury, and IT.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Risk management Buyers 52

Arkestro

JUNE 20, 2023

This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency. With 36% of leaders prioritizing AI implementation in finance [1]. There is no need to sign into Arkestro as our software can embed easily into your ERP.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

IBM Supply Chain Blog

DECEMBER 18, 2023

Securely balancing the influx of data from AI with innovation At the same time, we’re helping clients embrace AI securely to fuel business transformation. We believe now is the time for change and IBM continues to work with its partner community to drive transformation.

Innovation 70

Innovation Supply Chain Efficiency Data Supply chain 70

World of Procurement blog

JANUARY 13, 2021

Once I was asked in the interview, what makes procurement important to a company and what is unique about it that any other part of the business cannot do. Procurement is the most collaborative function in the business. We find partners everywhere, even behind the enemy lines. Perhaps, our profession is no rocket science.

Collaboration 52

Collaboration Procurement Budget Management 52

Zycus Cognitive Procurement

SEPTEMBER 20, 2022

This blog post will explore key challenges and directions for category managers to help them stay ahead of the curve and prepare to adapt and embrace new technologies and approaches. With the right insights, category managers can adapt their strategies to drive sales and growth for their businesses. Stay tuned!

Category management 59

Category management Management Price Sustainability 59

The Thomas Blog

JUNE 22, 2022

While your specific business goals might be different than your competitors or the thousands of other manufactures out there, everyone wants to bring on new customers. Google My Business. Yelp For Business. Positive reviews will help convince others to do business with you!) Finance Managers. Thomasnet.com.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

IBM Supply Chain Blog

JUNE 14, 2023

This is often a very cumbersome exercise that takes significant amount of time to field an AI solution that yields business value. We’ve curated a rich set of data from enterprise-relevant domains—finance, legal and regulatory, cybersecurity, sustainability data. The foundation model capabilities within watsonx.ai

Sourcing 93

Sourcing Data Bidding Quality 93

Arkestro

MAY 30, 2022

Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. Done Right, Going Digital Enables Procurement to Be Strategic to the Business.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Empowering CPO

JULY 2, 2023

Introduction In an increasingly interconnected and competitive business landscape, the role of procurement has transformed from a supporting function to a strategic powerhouse. 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