IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 83

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 83

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Spend Matters

JANUARY 5, 2024

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools.

e2e 79

e2e Procurement supply chain software solutions Contract 79

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Arkestro

APRIL 25, 2023

In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. Construction companies are also up against hurdles in the procurement process, working around unique requirements, cost and budget constraints, tight turnarounds, and more. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. This blog will help you become a better procurement manager by providing you the latest updates on procurement digitization. However, talent management and innovation are expected to be the long term investments. .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Procurify

JULY 20, 2022

So, what are the common challenges purchasing managers face today, and how can they address them? Risk management and mitigation. Risk management and mitigation is a primary purchasing challenge today. Before, purchasing managers often prioritized spend management. Implementing digital technologies.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. In healthcare, where budgets are tight and patient care is the top priority, effective spend analysis holds tremendous value. Introduction A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JUNE 26, 2023

As a leading procurement services company specializing in spend analysis, EmpoweringCPO understands the vital role that insightful data plays in driving informed decision-making and optimizing procurement processes. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

IBM Supply Chain Blog

JULY 27, 2023

Here, we’ll discuss potential applications for EAM software in oil and gas and talk about the trends pushing the industry forward. Understanding enterprise asset management At its core, enterprise asset management (EAM) is a system designed to help organizations manage physical assets (e.g., through 2030.

Real-time Visibility 60

Real-time Visibility Inventory Budget Data 60

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

IBM Supply Chain Blog

AUGUST 1, 2023

is using IBM Cloud HPC to perform large-scale tasks with speed, helping to accelerate its electronic chip and system design software development. “Continuity is critical for Cadence when it comes to optimizing operations and having the ability to deliver chip and system design software to customers quickly.

Innovation 68

Innovation Cost of ownership Risk Data 68

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Relationship Between Category Management and Strategic Supplier Relationship Management Importance and Benefits of Category Management Best Practices What are the Challenges of Category Management implementation?

Category management 77

Category management Management Supplier relationship management supply chain software solutions 77

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

The Good Spending

AUGUST 23, 2022

The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. It is difficult to foresee the value of such an increase, so it's randomly being budgeted. If you managed to fully or partially waive it, then it's cost avoidance.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Spend Matters

JULY 27, 2023

We recommend considering a few things to gauge your maturity levels such as the company’s goals, current procurement process, budget and resources, risk tolerances, etc. Track and manage risk Supplier onboarding can potentially introduce significant risk to a business.

Suppliers 82

Suppliers Supply Chain Efficiency Risk management Risk 82

Una

APRIL 9, 2024

It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family. Not to be dramatic, but that amount of money added back into your budget has the potential to literally transform your business. What would an extra 18-22% added back into your budget mean for your business?

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Business process management examples BPM can help improve overall business operations by optimizing various business processes.

Real-time Visibility 60

Real-time Visibility Management e2e Supply Chain Efficiency 60

Zycus Cognitive Procurement

JANUARY 31, 2023

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

IBM Supply Chain Blog

DECEMBER 4, 2023

The platform has been used to modernize and unify the information technology (IT) ecosystem of major financial firms, simplify human capital management (HCM) across brands’ subsidiaries, and optimize reporting processes in complex healthcare settings. Oracle offers a full suite of ERP solutions with specific use cases.

Supply Chain Efficiency 80

Supply Chain Efficiency supply chain budgeting supply chain software solutions Data 80

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. Digital procurement is the use of technology to optimize and automate procurement processes and workflows. For example: the ERP system, SAP, Netsuite, and other finance software. What is digital procurement?

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Spend analysis can be conducted using a variety of tools, from deploying the most cutting-edge source-to-pay software to using PivotTables in Microsoft Excel spreadsheets. Subscribe Here! Email Address.

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68