IBM Supply Chain Blog

MAY 15, 2024

To achieve this, development teams, product owners, finance, and commercial departments must come together to rethink and reimagine how they collaborate and operate. This alignment ensures that both existing and new capabilities are enhanced, supporting strategic growth and innovation.

Real-time Visibility 59

Real-time Visibility Innovation Collaboration Sustainability 59

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.

Risk 59

Risk Strategic planning Strategy Data 59

Arkestro

MAY 21, 2024

Resources / Blog / 3 Things to Know About Arkestro’s Exclusive Advisory Council Events 3 Things to Know About Arkestro’s Exclusive Advisory Council Events It’s no secret that anyone working in procurement — from CPOs to procurement managers — has their work cut out for them in 2024.

supply chain budgeting 52

supply chain budgeting Agile and Lean Supply Chain Suppliers Logistics 52

The Good Spending

APRIL 2, 2023

Once, we wrote about demand management in this blog. Before the planning process starts, Finance will issue the budget memorandum, which includes critical macroeconomic indicators, e.g., CPI, currency exchange rates, cost of energy, fuels, and raw materials, and internal WACC. Where's the procurement planning when you need one?

Procurement 98

Procurement Demand Planning Budget Category management 98

IBM Supply Chain Blog

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. These strategic initiatives can involve streamlining organizational hierarchies, consolidating departments and outsourcing non-core functions. By stepping back, strategists can analyze areas like supply chain, customer experience and finance operations.

Supply Chain Efficiency 60

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 60

IBM Supply Chain Blog

JUNE 23, 2023

Imagine the future of Finance and Accounting (F&A). Your forward-looking, strategic CFO is driving AI efforts to enable proactive business insights across the enterprise, while streamlining business processes and optimizing financial performance. In this future, your F&A function is cutting edge.

Data 54

Data Innovation Strategy Suppliers 54

IBM Supply Chain Blog

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. Strategic planning Integrated Business Planning starts with strategic planning.

supply chain software solutions 80

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 80

Zycus Cognitive Procurement

NOVEMBER 29, 2022

Procurement, operations, and finance need to work synergistically to improve operational efficiencies and productivity for the long term. In this 3-part blog series , we explore-. “ This blog series examines what the game plan should be, for procurement and finance professionals to help their organizations navigate the recession.

Strategy 52

Strategy Procurement Leadership Price 52

IBM Supply Chain Blog

MARCH 13, 2023

“You can’t wait for the regulations to kick in,” says Adam Thompson, Global Sustainable Finance and ESG Reporting Offerings Lead, IBM Consulting. That speaks to a larger evolution in the role of the finance function in business. “You need to be on this journey now.”

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Sustainability 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. Strategic sourcing and cost management are integral parts of this phase to ensure the company remains cost-efficient and competitive. Welcome to the fascinating world of supply chain management (SCM)!

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. Strategic sourcing and cost management are integral parts of this phase to ensure the company remains cost-efficient and competitive. Welcome to the fascinating world of supply chain management (SCM)!

Supply chain management 52

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

IBM Supply Chain Blog

DECEMBER 4, 2023

In this scenario, traditional planning methods may hinder a company’s ability to respond quickly and strategically to changing opportunities and challenges.   The goal is not to replace individuals but to empower them to focus on the strategic aspects of the business.

supply chain budgeting 49

supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization Budget 49

World of Procurement blog

APRIL 23, 2024

Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers. Engaging stakeholders from finance, operations, and other departments can provide valuable insights, ensure alignment with organizational goals, and facilitate a more holistic approach to procurement.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers. Engaging stakeholders from finance, operations, and other departments can provide valuable insights, ensure alignment with organizational goals, and facilitate a more holistic approach to procurement.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

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.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 24, 2024

This internationally recognized qualification offers comprehensive insights into procurement and supply operations, strategic supply chain management, and the ethical, legal aspects intertwined with global procurement and supply processes.

Procurement 52

Procurement Supply chain management Supply chain management Supply Chain Optimization 52

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

Procurement Insights

SEPTEMBER 17, 2022

In one of my very first blog posts in 2007, I covered a Geraint John ‘s CPO Agenda roundtable discussion in which senior global execs said that “one strategic business thinker with the right skills and capabilities is worth 10 or 12 of your normal, run-of-the-mill purchasing people.”

Purchasing 40

Purchasing Buyers Procurement Management 40

Empowering CPO

JANUARY 28, 2024

At EmpoweringCPO, we excel in Strategic Sourcing Outsourcing , a methodical approach to procurement that emphasizes data-driven decision-making, market intelligence, and innovative procurement analytics tools. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Dynamic Nature: You can seamlessly transition from strategic planning discussions in the morning to tackling operational challenges in just a few hours. Regardless of how you find your way, a supply chain career offers unique advantages.

Agile and Lean Supply Chain 72

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

Let's Talk Supply Chain

SEPTEMBER 15, 2022

However, exporters can overcome some of these challenges by using financing solutions to improve cash flow, and significantly reduce the buyer’s payment risk. As the certainty and timeliness of payments continue to decline, exporters can utilize financing to better manage their liquidity. Digital Solutions to Scale and Manage Trade.

Export 89

Export Buyers Management supply chain software solutions 89

SCMDOJO

OCTOBER 27, 2023

It is a skill that needs a strategic approach and it is not something anyone can do. The right way of doing it is to read up on their history, finances, and their reputation in the market. This saves time and energy for your procurement team to focus on other strategic elements during a negotiation process.

Supplier negotiation 91

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 91

Procurement Leaders

JANUARY 13, 2023

For instance, many teams are investing in new roles and capabilities, emboldened by increasing levels of strategic exposure and a decline in the demand for generalist and administrative roles thanks to advances in automation. There are several reasons why the procurement function may be experiencing a growth spurt.

Procurement team 130

Procurement team Sustainability Procurement Risk 130

World of Procurement blog

MAY 23, 2024

It involves transitioning away from transacting with multiple vendors for the same or similar goods and services, to consolidating spend and building strategic partnerships with a smaller set of suppliers. Having strategic partnerships allows suppliers to lower prices. This reduces administrative costs of procurement.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Strategic Sourceror

JULY 28, 2022

Unwanted inventory = price discounts According to Yahoo Finance , Target is also looking to reduce what a recent Bank of America analyst note called "bloated inventories." "In other words, the inventory in stock isn't what consumers are trying to buy." " Brought to you by the StrategicSourceror.

Inventory 100

Inventory Price Consumer demands Strategic sourcing 100

Zycus Cognitive Procurement

SEPTEMBER 16, 2022

By challenging the status quo and embracing next-gen procurement, organizations can drive value and achieve their strategic objectives. Elevating Strategic Performance. The post Challenging the Status Quo: Driving Value with Next-Gen Procurement appeared first on Zycus Procurement Blog. Risk Management.

Procurement 52

Procurement Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 52

The Procuretech Podcast

SEPTEMBER 22, 2022

With a long-standing blog and a podcast that goes all the way back to 2009, it's Jon Hansen of Procurement Insights – the original procurement podcaster. Jon sold that company in 2000, and that's when he began to shift towards blogging. When someone in the media world said “why don't you start a blog?”, This was around 2007.

Procurement 40

Procurement supply chain software solutions Price Buyers 40

IBM Supply Chain Blog

SEPTEMBER 28, 2023

These enhancements have been guided by IBM’s fundamental strategic considerations that AI should be open, trusted, targeted and empowering. appeared first on IBM Blog. Learn more about watsonx.ai, our enterprise-focused studio for AI builders. Test out watsonx.ai

Data 91

Data Sourcing Risk Ethics 91

Barkers Procurement

MARCH 14, 2024

Benefit 3: Organisations engaging in ESG benefit from improved cost of finance and a circle of increasing returns. Suppliers Suppliers will need to embrace ESG to support their clients’ strategic aims. Suppliers Suppliers will need to embrace ESG to support their clients’ strategic aims. appeared first on Barkers.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Ethics Sustainability Supply chain 52

Supply Chain Trend

JUNE 29, 2023

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. This second article will focus on autonomous planning and the finance professional’s role. Foresight 2019, Niels van Hove This article was written by Niels and first published on the Wolters Kluwer blog.

Agile and Lean Supply Chain 60

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

Zycus Cognitive Procurement

SEPTEMBER 13, 2022

This blog summarizes an exclusive on-demand webinar concluded by Zycus for the Nordics region with Bernard Gracia , Director & Dean at European Institute of Purchasing Management (EIPM) and Thomas Bioud , Regional VP, EMEA, Zycus. Yesterday, technical expertise and understanding of cost, finance, and micro-macro economy was required.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

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

The Good Spending

JULY 4, 2023

Harmonious development of procurement systems As suggested in this slide, we search the value by operating the strategic sourcing process (trust me, it's not a given in many companies pretending to pursue SRM.) Your procurement is fit-for-purpose, well-balanced, and confident in climbing the evolutionary ladder.

Supplier relationship management 52

Supplier relationship management Contract Purchase orders Strategic sourcing 52

IBM Supply Chain Blog

DECEMBER 18, 2023

In fact, we are honored to be recognized by Gartner® in their 2023 Gartner® Magic Quadrant™ for Strategic Cloud Platform Services (SCPS).¹ Learn more about IBM Cloud ¹ Gartner, Magic Quadrant for Strategic Cloud Platform Services, 4 December 2023. and/or its affiliates in the U.S.

Innovation 66

Innovation Supply Chain Efficiency Data Supply chain 66

Supply Chain Game Changer

NOVEMBER 3, 2021

Track Your Finances. Plus, you can use technology to help you keep track of your business finances. If you’ve been keeping track of your finances yourself this entire time, then you’re sure to appreciate making an upgrade! This method makes it much easier to strategize and enhance your marketing strategies.

supply chain software solutions 93

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

IBM Supply Chain Blog

JUNE 26, 2023

In this blog post, we’ll look beyond the basics like root cause analysis and anomaly detection and examine six strategic use cases for AIOps. To address this waste, consider implementing FinOps (Finance + DevOps). But where to start? Plus, we have practical next steps to guide your AIOps journey.

e2e 54

e2e Real-time Visibility Sustainability Data 54

Strategic Sourceror

JANUARY 12, 2023

But other major employment sectors — such as IT and finance — are downsizing due to poor earnings and diminished demand. An industry that's in the former category is manufacturing, as a new report shows the overwhelming majority of employers in the sector are experiencing a workforce shortage.

Strategic sourcing 57

Strategic sourcing Strategic sourcing Supply chain Procurement 57