IBM Supply Chain Blog

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. A human layer of validation and a final sign-off on every transaction or report generated will be key.

Risk 63

Risk Strategic planning Strategy Data 63

IBM Supply Chain Blog

OCTOBER 26, 2023

They’ve mastered cloud adoption and basic cost management but know that the future is about efficiency, optimization and driving value with every dollar spent. What they need now is support from FinOps platforms to help them advance their practice beyond the basics.

Cost optimization 75

Cost optimization Collaboration Data Innovation 75

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. As a supply chain professional, you talk to the sales guy as well as the finance team, the admin team, the marketing team, etc. This gives an idea of the business in general and exposure to learn from them.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 72

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 96

Data Strategy Supply Chain Efficiency Sustainability 96

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. The finance department then reconciles the invoice against the PO and delivery documentation to ensure all details match.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. The finance department then reconciles the invoice against the PO and delivery documentation to ensure all details match.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

IBM Supply Chain Blog

NOVEMBER 10, 2023

For a business to see the benefits of an ERP adoption it must first be deployed properly and efficiently by a team that typically includes a project manager and department managers as well. In this step, an ERP implementation project team should also be established for decision-making purposes.

supply chain software solutions 124

supply chain software solutions Data Supply Chain Efficiency supply chain budgeting 124

IBM Supply Chain Blog

APRIL 20, 2023

For this reason, it’s worth examining how efficient the sourcing process is, how to control maverick buying and reduce revenue leakage and how to create a standardized buying experience across the organization. Why process excellence matters A mid-size organization will spend the equivalent of several billion U.S.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency Sustainability Logistics 74

IBM Supply Chain Blog

APRIL 22, 2024

A deployable architecture involves components, modules and dependencies in a way that allows for seamless deployment and makes it easy for developers and operations teams to quickly deploy new features and updates to the system, without requiring extensive manual intervention.

Management 71

Management Demand Risk Strategy 71

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 also might be multiple systems to log in to.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Planergy

AUGUST 18, 2023

Types of Office Managers Office Environment Types: From Traditional to Virtual Software for Office Management Best Practices for Modern Office Management Modern Office Management Needs Strong Managers In today’s fast-paced business world, efficient business office management is more critical than ever.

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

Types of Office Managers Office Environment Types: From Traditional to Virtual Software for Office Management Best Practices for Modern Office Management Modern Office Management Needs Strong Managers In today’s fast-paced business world, efficient business office management is more critical than ever.

Management 52

Management Budget Collaboration Spend management 52

Arkestro

MARCH 27, 2024

In the end, a buyer can improve (or hinder) the organization’s productivity, efficiency, and operational effectiveness. The daily tasks of a procurement buyer can vary from one industry to another, but the core responsibilities always come back to the sourcing of goods and services in an efficient, strategic way.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Supply Chain Game Changer

JULY 19, 2021

Today, the finance sector is evolving rapidly. Similarly, the integration of FinTech is encouraging businesses to upgrade their finance infrastructure and keep pace with emerging technologies. With evolving dynamics in the finance world, job descriptions and employment prospects are also changing. Technological Expertise.

supply chain software solutions 98

supply chain software solutions supply chain budgeting Supply Chain Efficiency Collaboration 98

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 76

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 76

IBM Supply Chain Blog

JUNE 26, 2023

Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. To address this waste, consider implementing FinOps (Finance + DevOps). But where to start?

e2e 58

e2e Real-time Visibility Sustainability Data 58

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. Higher costs of storage.

Supply Chain Optimization 52

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

Procurify

MAY 19, 2022

For most finance people, that’s easier said than done. Spring is the busiest season for most accounting and finance professionals. This guide helps accounting, audit, tax, and finance teams eliminate the struggles of working from home so they can: Develop easy and efficient remote month-end close processes.

Real-time Visibility 52

Real-time Visibility Networking Collaboration e2e 52

IBM Supply Chain Blog

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. The management team defines the organization’s long-term goals and objectives. Making up the IBP framework are six key pillars: 1.

supply chain software solutions 86

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 86

IBM Supply Chain Blog

MAY 17, 2023

Business leaders know that their organization’s success relies on its ability to keep essential processes running smoothly and efficiently. If that ticket is reassigned to second agent or team for resolution after that initial assignment, it signals inefficiencies in the process.

Management 79

Management Supply Chain Optimization Supply Chain Efficiency Import 79

IBM Supply Chain Blog

JULY 12, 2023

With reporting more than 200 billion transactions at the end of 2022, CaixaBank understands how critical it is to scale securely, increase operational efficiency and accelerate time to market to optimize digital banking experiences—all while safeguarding customers’ data.

Sustainability 53

Sustainability Innovation Data Strategy 53

IBM Supply Chain Blog

JULY 5, 2023

Your IT team should consider these questions before, during and after your cloud implementation: How can we evaluate our cloud costs at all company levels and manage the allocation of costs at the organization and team levels? How will we provision our cloud resources and monitor and control spending over time?

Cost optimization 73

Cost optimization Real-time Visibility Price Budget 73

Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. Read on if you dare. More often than not, the raw data can be inaccurate or misleading.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

IBM Supply Chain Blog

NOVEMBER 9, 2023

In the first phase of engagement, IBM Consulting helped the Academy team develop a roadmap focused on nominations, ticketing and membership renewal journeys for the 2023 GRAMMY Awards. This work increased the efficiency of the ticketing process by 80 percent.

Negotiation 63

Negotiation Management Innovation Purchasing 63

IBM Supply Chain Blog

JANUARY 12, 2024

Having worked with AI for around four years, the Jamworks team is convinced that the technology has the power to transform the way we study and work, providing benefits to people with disabilities and neurodivergent people (as long as the technology is implemented securely and responsibly).

Data 106

Data Innovation Import Demand 106

IBM Supply Chain Blog

JUNE 12, 2023

Flexible APIs drive seven times faster time-to-delivery so technical teams and data scientists can deploy AI solutions at scale and cost. This helps drive efficiency and create intelligent workflows that free staff to devote their time to high-value tasks. Data quality is a key component for trusted talent insights.

Quality 70

Quality Data Strategy Sourcing 70

IBM Supply Chain Blog

JANUARY 24, 2024

While many are choosing the cloud, let’s look at some reasons why a data center refresh may be the more advantageous choice: Operational efficiency We’ve observed that increased energy costs and greater focus on sustainability are pushing for better, more energy-efficient infrastructure.

Data 68

Data Strategy Demand Budget 68

Empowering CPO

JANUARY 28, 2024

This blog post aims to guide organizations through the essential tips and tricks for mastering the art of Strategic Sourcing services, exploring key elements such as procurement services, analytics tools, and spend data analysis , along with additional insights to enhance the strategic sourcing journey.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

Spend Matters

NOVEMBER 20, 2023

Pierre picked up with how the Spend Matters team gets a lot of questions about how a company can dovetail its response to ESG requirements with business spend management. Of course,” Donna explained, “The Coupa platform enables customers to configure how and when the information is shared with relevant teams.

Supply Chain Efficiency 93

Supply Chain Efficiency Sustainability Supply chain Strategy 93

SCMDOJO

OCTOBER 27, 2023

The right way of doing it is to read up on their history, finances, and their reputation in the market. Regular Feedback: Suppliers can work efficiently if they are provided with constructive feedback. It becomes a centralized platform where suppliers can interact and communicate openly increasing efficiency.

Supplier negotiation 90

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 90

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Cost Efficiency : By accurately forecasting material requirements, MRP helps in bulk purchasing and availing discounts, leading to cost savings.

Supply Chain Efficiency 83

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 83

Supply Chain Game Changer

NOVEMBER 3, 2021

Track Your Finances. Plus, you can use technology to help you keep track of your business finances. In today’s world, it’s complicated to run a small business without using any technology at all since it’s so helpful for accurate and efficient accounting. If you make any changes, your team should see it instantly.

supply chain software solutions 93

supply chain software solutions supply chain budgeting Supply Chain Efficiency Networking 93

IBM Supply Chain Blog

DECEMBER 4, 2023

Three of the most prevalent obstacles include:  Excessive time consumption  Finance professionals spend an excessive amount of time on manual tasks, leading to a prolonged business planning process.   The post The future of business planning with generative AI  appeared first on IBM Blog.

supply chain budgeting 51

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

ivalua

DECEMBER 6, 2022

Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance. In the blog, I will share ten best practices that any organization can adopt when implementing or improving their P2P practices. Exceptionsrelate to external reasons only like national legislation.

e2e 130

e2e Suppliers Procurement Contract 130

Zycus Cognitive Procurement

JANUARY 2, 2023

While OCR tools and AP automation solutions both have the potential to improve process efficiency and accuracy, adoption of AI-led AP automation solutions offers a far better proposition than using OCR tools. Greater efficiency: AI-led AP automation can process invoices and other documents much faster than OCR tools.

Cost of ownership 52

Cost of ownership Vendor management Data Risk 52

IBM Supply Chain Blog

FEBRUARY 14, 2024

A flood of applications can be screened, sorted and passed to HR team members with precision. The IBM team is even using generative AI to create synthetic data to build more robust and trustworthy AI models and to stand in for real-world data protected by privacy and copyright laws.

Real-time Visibility 90

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 90

IBM Supply Chain Blog

JULY 26, 2023

I previously led technical teams that helped customers with their AI implementations. When I started a role as a leader for sustainability in Expert Labs , our professional technology services organization, I saw the potential for AI to help with energy efficiency, decarbonization , and waste reduction.

Sustainability 82

Sustainability Route optimization Inventory Demand 82