IBM Supply Chain Blog

APRIL 27, 2023

Those who have committed to closing the green gap have embraced sustainability-focused processes and are reaping the benefits. The study yielded a surprising result: organizations that outperform their competition in both environmental and financial outcomes also boast the most deeply engaged enterprise resource planning (ERP) system.

Sustainability 86

Sustainability Real-time Visibility Data Strategy 86

ivalua

APRIL 7, 2022

Audrey remarked, “We firmly believe financial performance is inextricably tied to social and environmental performance. Keep an eye out for an in-depth blog session recap! Day 1 Closing Remarks. Last, but certainly not least, our final session closed with Robert Swan , the first person to walk to both the North and South Poles.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Supply Chain Efficiency Sustainability 130

ivalua

NOVEMBER 26, 2020

In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. Closing this gap may not even be feasible, nor would the environmental impact be something the United States would want to undertake. .

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

IBM Supply Chain Blog

JULY 26, 2023

This use case shows how AI can help by processing unstructured image and video data in addition to structured data in the previous examples. Matching resources to demand more closely helps to save energy. The first among these is using intelligent document understanding to process sustainability information.

Sustainability 80

Sustainability Route optimization Inventory Demand 80

IBM Supply Chain Blog

MARCH 27, 2024

Climate change exposes organizations across a range of sectors to operational and financial risks. When an extreme weather event occurs, a company might need to change its infrastructure and processes suddenly, either for the short term or permanently. Predicting energy consumption is closely linked to weather patterns.

Risk 68

Risk Sustainability Data Demand 68

Procurify

MAY 19, 2022

We know you’re in the middle of month-end close, quarter-end close, audit preparation, and tax filings. 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. What is a month-end close?

Real-time Visibility 52

Real-time Visibility Networking Collaboration e2e 52

IBM Supply Chain Blog

APRIL 24, 2024

An example of data privacy in action Consider a budgeting app that people use to track spending and other sensitive financial information. The app heavily encrypts all user financial data. User control Organizations can limit privacy risks by granting users as much control over data collection and processing as possible.

Data 83

Data Real-time Visibility Risk Networking 83

IBM Supply Chain Blog

APRIL 20, 2023

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. Why process excellence matters A mid-size organization will spend the equivalent of several billion U.S. Process excellence is an intersectional play in the age of digital transformation.

Supply Chain Optimization 72

Supply Chain Optimization Supply Chain Efficiency Sustainability Logistics 72

IBM Supply Chain Blog

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Innovation 70

Innovation Supply Chain Efficiency Data Supply chain 70

World of Procurement blog

APRIL 24, 2024

The sustainability of a company's supply chain can have a significant impact on its overall environmental and social performance, as well as its reputation and financial success. Companies need to work closely with their suppliers and partners to identify opportunities for improvement and implement sustainable practices.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Supply 52

IBM Supply Chain Blog

JULY 26, 2023

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. It’s like starting with a blank canvas and carefully selecting each budget item based on its value and contribution to your financial objectives. This process allows for cost-cutting and setting savings goals, leading to lower costs and improved financial efficiency.

Budget 61

Budget Data Cost optimization Collaboration 61

Supply Chain Trend

JUNE 28, 2023

Extended Planning & Analysis (xP&A) , is the evolution of financial planning beyond the finance function. In the 80s, the supply chain developed a process called Sales & Operations Planning (S&OP). They’re planning processes that have evolved from a separate functional origin. It has been a long-evolving trend.

Agile and Lean Supply Chain 60

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

IBM Supply Chain Blog

DECEMBER 5, 2023

This data tracks closely with a recent IDC Europe study that found 40% of worldwide retailers and brands are in the experimentation phase of generative AI, while 21% are already investing in generative AI implementations. trillion on retail businesses through 2029. trillion in that year.

Supply Chain Efficiency 95

Supply Chain Efficiency Supply Chain Optimization Inventory Data 95

SupplyShift

APRIL 20, 2023

The EU’s recent Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) are closely linked, with both pieces of legislation working together to reinforce each other. You can find background on CSRD in this SupplyShift blog post.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Risk 52

Supply Chain Game Changer

SEPTEMBER 11, 2022

Most small business owners tend to underestimate the impact financial management can have on business profitability. Understanding the fundamentals of financial management is critical to ensuring your business’s long-term viability and prospects – and pursuing a CPA certification can help you achieve precisely that!

Management 89

Management supply chain budgeting Supply Chain Optimization Inventory 89

IBM Supply Chain Blog

JANUARY 15, 2024

Ltd (BoB-Cardif Life) partnered with IBM® Using IBM Client Engineering methods and introducing AI-powered process mining product IBM Process Mining. The Digital Transformation Office of BoB-Cardif Life analyzed the current processes using IBM Client Engineering’s innovative approach.

Innovation 75

Innovation e2e Data Quality 75

IBM Supply Chain Blog

JANUARY 19, 2024

Typically, companies either build DRPs themselves or outsource their disaster recovery process to a third-party DRP vendor. Failover /failback: Failover is a widely used process in IT disaster recovery where operations are moved to a secondary system when a primary one fails due to a power outage, cyberattack or other threat.

Strategy 101

Strategy Data Risk Import 101

IBM Supply Chain Blog

AUGUST 9, 2023

clicking a malicious link, downloading a malicious attachment, entering information into a fraudulent landing page or processing a fake invoice) simply fail the test, without adverse impact to the organization. They pay close attention to details like subject lines, sender addresses and content to make realistic phishing simulations.

Real-time Visibility 81

Real-time Visibility Import Risk Data 81

Procurement Leaders

JANUARY 27, 2023

It is a weekly process of talking to and listening to those suppliers about what’s happening on the ground in their supply chains, together with our colleagues across the business. By looking at the supply chain, we’re trying to reduce our carbon footprint… It’s not an afterthought – it’s part of the decision-making process.”

Risk 162

Risk Supply Chain Efficiency Management Supply chain 162

Supply Chain Trend

MAY 17, 2022

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. In this blog : a new role for supply chain planners. INTRODUCTION.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

IBM Supply Chain Blog

APRIL 18, 2024

But, unlike humans, AGIs don’t experience fatigue or have biological needs and can constantly learn and process information at unimaginable speeds. Achieving these feats is accomplished through a combination of sophisticated algorithms, natural language processing (NLP) and computer science principles.

Data 90

Data Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 90

ivalua

JUNE 4, 2020

However, procurement teams often lack consistent visibility beyond their tier 1 strategic suppliers for each product line, and this limits a company’s ability to ensure the materials and processes required to produce a product are consistently available. Financial, etc.). Blog originally published on Procurious.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

IBM Supply Chain Blog

FEBRUARY 6, 2024

Today’s enterprises face a broad range of threats to their security, assets and critical business processes. Cyber recovery is the process of increasing your organization’s cyber resilience or ability to restore access to and functionality of critical IT systems and data in the event of a cyberattack.

Data 98

Data Strategy Risk Networking 98

SCMDOJO

APRIL 20, 2023

As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place!

Management 95

Management Procurement Contract management Supply Chain Optimization 95

Supply Chain Trend

AUGUST 31, 2023

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP. Intelligent automation will change this.

Quality 78

Quality Supply Chain Optimization supply chain software solutions Supply chain 78

Supply Chain Trend

SEPTEMBER 4, 2023

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP. In this blog : A Need for Decision Centricity. Intelligent automation will change this.

Quality 78

Quality Supply Chain Optimization supply chain software solutions Supply chain 78

Shapiro Negotiations Institute

MAY 19, 2023

Although the sales process can be difficult, with the right training, sales representatives can master it and succeed at it. In this blog post, we’ll explore essential topics for sales training and strategies that will help sales reps succeed. Overcome Objections The sales process is naturally characterized by objections.

Negotiation 40

Negotiation Strategy Buyers Demand 40

Shapiro Negotiations Institute

MAY 19, 2023

Although the sales process can be difficult, with the right training, sales representatives can master it and succeed at it. In this blog post, we’ll explore essential topics for sales training and strategies that will help sales reps succeed. Overcome Objections The sales process is naturally characterized by objections.

Negotiation 52

Negotiation Strategy Buyers Demand 52

IBM Supply Chain Blog

NOVEMBER 3, 2022

In this blog, let’s explore the best practices that drive sustainable supply chains. Investors: As of 2022, the value of sustainable investment in major financial markets has grown by 1% in the last two years. Given the world’s limited environmental resources, “circularity” is closely associated with sustainability.

Supply Chain Efficiency 118

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 118

Barkers Procurement

SEPTEMBER 17, 2023

Whereas standard contract management can be a more manual process that entails the use of spreadsheets, emails and a file storage system to manage the contracts, contract lifecycle management is more comprehensive. Contract collaboration and negotiation Contracts are likely to include commercial terms and financial ones.

Contract 52

Contract Management Contract management Negotiation 52

IBM Supply Chain Blog

MARCH 13, 2023

Governments worldwide have already adopted reporting requirements aligned with recommendations by the Task Force on Climate-Related Financial Disclosures (TCFD), including those in Canada, Brazil, the EU, Hong Kong, Japan, New Zealand, Singapore and Switzerland. “The role of the CFO has completely changed,” Proothi says.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Sustainability Supply Chain Optimization 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. You’ll want to work closely with key stakeholders to determine the relevant business impact KPIs to measure performance against.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Supply Chain Game Changer

JANUARY 30, 2022

The coin seemed to have traversed a considerable path from just a few pennies and cents to coming close to 70K USD. One can find a good amount of lip service being given to Bitcoin by the top companies that seemed to be adding the current financial status quo. Blockchain Technology attracting too many US-based financial companies.

Supply Chain Efficiency 99

Supply Chain Efficiency Networking Supply chain Price 99

IBM Supply Chain Blog

JULY 26, 2023

Expanding the use of AI capabilities across core HR processes in recruiting, retaining and developing skills and talent promises to deliver enterprise transformation and allow organizations to compete in a global market. Failure to adopt a responsible AI strategy can result in great reputational, regulatory, legal, and even financial impact.

Ethics 70

Ethics Strategy Data Business strategy 70

IBM Supply Chain Blog

MARCH 4, 2024

Financial/criminal: Violations of existing and emerging data and AI regulations. Visit the IBM Hybrid Cloud Architecture Center The post How to become an AI+ enterprise appeared first on IBM Blog. For example, stale data, hallucinations and more. Embarrassing: Offensive output emerges based on the data used in AI.

Innovation 108

Innovation Data Risk Strategy 108

IBM Supply Chain Blog

OCTOBER 9, 2023

In the business world, AI could offer companies a competitive edge over peers slow to adopt machine learning, natural language processing (NLP) and generative capabilities. The slow manual labor was delaying the approval process, meaning beneficiaries weren’t receiving the benefits they were entitled to in a timely manner.

Ethics 54

Ethics Import Data Demand 54

Planergy

JUNE 30, 2022

The 8 Best Financial Management Tools. Accounting Financial Reporting Technology & Software. The 8 Best Financial Management Tools Recently on the blog, we talked about financial planning and analysis (FP&A) software. What is Financial Management? Download Free Copy. Written by. Lyle Del Vecchio.

Management 52

Management Real-time Visibility Budget Purchase orders 52