Supply Chain Trend

APRIL 25, 2024

It is not new in supply chain management either. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 78

Procurement Heads

FEBRUARY 9, 2023

Today, procurement professionals play a key role in managing supplier relationships, reducing costs, and ensuring the quality of goods and services. Importance of strategic sourcing As businesses become more focused on sustainability and ethical sourcing, the importance of strategic sourcing will only continue to grow.

Procurement 130

Procurement Strategic sourcing Strategic sourcing supply chain budgeting 130

IBM Supply Chain Blog

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states. On the surface, this might seem to complicate matters.

Risk management 94

Risk management Risk Sustainability Data 94

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. What is Procurement Tracking? What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

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

World of Procurement blog

APRIL 23, 2024

In the complex structure of modern businesses, the role of a procurement manager is pivotal for efficient operations and cost management. If you've ever wondered who is responsible for acquiring the goods and services that allow a company to function seamlessly, look no further. Who is a Procurement Manager?

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

In the complex structure of modern businesses, the role of a procurement manager is pivotal for efficient operations and cost management. If you've ever wondered who is responsible for acquiring the goods and services that allow a company to function seamlessly, look no further. Who is a Procurement Manager?

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

IBM Supply Chain Blog

DECEMBER 18, 2023

In its most recognizable form, a GIS visualization is what you see when you route a trip on Google Maps. For example, planners in fire-prone California use tools that incorporate remote sensing, vector data and satellite images to formulate disaster response plans and optimal placement of fire hydrants.

Data 104

Data Sourcing Management Sustainability 104

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? 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. Supply Chain Risk Management on the World Stage – Lessons Learned.

Agile and Lean Supply Chain 264

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

World of Procurement blog

MAY 8, 2024

What is Procurement? It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] Diversifying Your Business Lingo: Synonyms for Procurement What are the synonyms of procurement, you might wonder?

Procurement 98

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 98

IBM Supply Chain Blog

FEBRUARY 1, 2024

For example, in the US, the 2023-2025 CISA Cybersecurity Strategic Plan aims to increase basic-level cyber skills across the country, transform cyber education and boost the cyber workforce. Security teams, line-of-business managers and executives should know exactly what role to play to help contain the damage.

Real-time Visibility 92

Real-time Visibility Strategic planning Risk Data 92

IBM Supply Chain Blog

NOVEMBER 21, 2023

In this article, developer Michael Burgess provides an insight into the concept of schemas and schema management as a way to add value to your event-driven applications on the fully managed Kafka service, IBM Event Streams on IBM Cloud ® What is a schema? What is a schema registry?

Real-time Visibility 105

Real-time Visibility Quantity Data Quality 105

World of Procurement blog

APRIL 23, 2024

In the complex tapestry of global business, the mastery of procurement contracts represents a linchpin for securing the operational excellence and strategic advantage of organizations. They are the vessels through which expectations are aligned, responsibilities are affirmed, and the foundation for enduring partnerships is laid.

Procurement contracts 52

Procurement contracts Contract Procurement Negotiation 52

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 81

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 81

IBM Supply Chain Blog

MAY 9, 2023

So what is stopping AI adoption today? There are 3 main reasons why organizations struggle with adopting AI: a lack of confidence in operationalizing AI, challenges around managing risk and reputation, and scaling with growing AI regulations. It is an imperative.

Ethics 76

Ethics Risk Data Management 76

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

Supply Chain Trend

MAY 17, 2022

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. These are a lack of strategic decision making in general and a lack of decision responsiveness , especially during disruptive circumstances. 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

MAY 16, 2024

Recent research from IDC found that 85% of CEOs who were surveyed cited digital capabilities as strategic differentiators that are crucial to accelerating revenue growth. A custom hybrid cloud strategy manages security, data latency and performance, so your people can get out of the business of IT and into their business.

Data 54

Data Risk Strategy Import 54

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! 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.

Management 96

Management Procurement Contract management Supply Chain Optimization 96

IBM Supply Chain Blog

APRIL 15, 2024

Technology and disruption are not new to manufacturers, but the primary problem is that what works well in theory often fails in practice. Users can ask questions by speech, text, and pointing, and the gen AI advisor will process it and provide a response, while having awareness of the context.

Real-time Visibility 101

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Data 101

Supply Chain Trend

DECEMBER 22, 2023

2% of managers apply best practice decision methods. Many which I’ve highlighted over the years in blogs and articles. These principles are a first guide around the WHAT not necessarily the HOW of Intelligent IBP. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

SCMDOJO

OCTOBER 27, 2023

It is a skill that needs a strategic approach and it is not something anyone can do. Risk Mitigation Negotiation: This negotiation involves discussing strategies and terms to manage and mitigate risks associated with procurement. This may include environmental and social responsibility standards. Is it the cost?

Supplier negotiation 89

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 89

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

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

SCMDOJO

DECEMBER 14, 2023

Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy. Time is really important in business.

Agile and Lean Supply Chain 76

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 76

IBM Supply Chain Blog

FEBRUARY 23, 2024

Natural language generation (NLG) complements this by enabling AI to generate human-like responses. These are crucial for enabling conversational AI systems to understand user queries and intents, and to generate appropriate responses. DL, a subset of ML, excels at understanding context and generating human-like responses.

Ethics 104

Ethics Data Management Inventory 104

SCMDOJO

JUNE 22, 2023

By strategically using these channels, you can reach a wider audience and drive more leads to your business. Define Your Unique Value Proposition What makes you different? What makes you better? Once you identify what sets you apart, craft a compelling message that resonates with your target audience.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 82

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. If you deal with products that have expiration dates, such as food items, improper inventory management can lead to significant losses.

Inventory control 80

Inventory control Inventory supply chain budgeting Supply Chain Optimization 80

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. It should be a strategic roadmap that, when effectively designed and implemented, aligns with the mission of the organization and greatly contributes to its success.

Procurement strategies 71

Procurement strategies Strategy Procurement Supply Chain Efficiency 71

World of Procurement blog

APRIL 23, 2024

What is an RFP? Response Evaluation: Collect and assess proposals based on predefined criteria. Risk Analysis : What risks does the vendor pose, and how can they be mitigated? RFP Best Practices Start with a Clear Objective : Have a firm understanding of what you hope to achieve. Can small businesses manage RFP processes?

Procurement 52

Procurement Vendor relationships Budget Bidding 52

World of Procurement blog

APRIL 23, 2024

What is an RFP? Response Evaluation: Collect and assess proposals based on predefined criteria. Risk Analysis : What risks does the vendor pose, and how can they be mitigated? RFP Best Practices Start with a Clear Objective : Have a firm understanding of what you hope to achieve. Can small businesses manage RFP processes?

Procurement 52

Procurement Vendor relationships Budget Bidding 52

SCMDOJO

FEBRUARY 13, 2023

This department manages the selection, acquisition, and payment of goods and services needed to run a business. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

IBM Supply Chain Blog

NOVEMBER 20, 2023

We are thrilled to share that IBM is named a Leader in the most recent Gartner® Magic Quadrant™ for Access Management. Let’s dig into what this looks like in practice. IBM is recognized for its Ability to Execute and Completeness of Vision.

Management 72

Management Real-time Visibility Strategy Risk 72

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Supply Chain Optimization 75

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

The Good Spending

DECEMBER 27, 2023

I’m a Fellow of CIPS and an author of “ The Technology Procurement Handbook ,” where I tried to share my passion for what we used to call “IT Procurement.” This is where I started digging deeper into the Agile agenda , thinking of finding repercussions with our professional life and blogging on related topics. 

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Supply Chain Optimization Negotiation 52

IBM Supply Chain Blog

SEPTEMBER 6, 2023

Organizations rely on the vulnerability management process to head off these cyberthreats before they strike. The vulnerability management process is a continuous process for discovering, prioritizing, and resolving security vulnerabilities across an organization’s IT infrastructure.

Management 107

Management Networking Risk Strategy 107

IBM Supply Chain Blog

FEBRUARY 16, 2024

So what are the key differences in customer service vs. customer experience? Customer experience involves customer experience management (CXM), which refers to strategies, technologies and practices for improving business results by creating an ideal experience for anyone interacting with a company.

Purchasing 96

Purchasing supply chain software solutions Strategy Influencing 96

IBM Supply Chain Blog

DECEMBER 20, 2023

A successful AI strategy will also provide a roadmap for addressing challenges, building necessary capabilities and ensuring a strategic and responsible application of AI into the fabric of the organization. What is an AI strategy? Artificial intelligence (AI) is a transformative force.

Strategy 78

Strategy Ethics Supply Chain Efficiency Supply Chain Optimization 78