IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services.

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain! Source: [link] ).

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Let's Talk Supply Chain

MARCH 23, 2023

With a decade hallmarked by disruption, consumers are more aware of supply chain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. One dialogue that is still catching fire is how closing the gender gap in supply chain can help the industry build its ranks and agility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 52

IBM Supply Chain Blog

AUGUST 8, 2023

Many companies still see incredible value in their on-premise technology: 71% of executives say mainframe-based applications are central to their business strategy. This power duo has helped transform how clients like Sund & Baelt approach business outcomes and drive accelerated deployment, minimized costs, and ensured compliance.

Influencing 79

Influencing Business strategy Strategy Management 79

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. Traditionally, supplier information was collected and stored on paper, but today’s procurement software greatly facilitates this process. But purchasing should now be considered part of your overall business strategy.

Suppliers 108

Suppliers Bidding Purchasing Quality 108

Planergy

SEPTEMBER 5, 2023

In this article, we will discuss the typical steps involved in the budgeting process, the challenges of forecasting, best practices for effective business budgeting. We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. Supply Chain of fashion industry involves a time based competition.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Jaggaer

APRIL 22, 2019

With that, global businesses are committing to key sustainability objectives such as reducing greenhouse gas emissions , eliminating slave labor , avoiding plastics , conserving water used in production , tapping into renewable energy sources and more. A quick look at the regulatory landscape. Clear steps to sustainable procurement.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

IBM Supply Chain Blog

MARCH 27, 2024

Both options deliver complex Software-as-a-Service (SaaS) solutions. Businesses building hyperscale data centers do have to maintain deep pockets—both when they construct the facility and then during its entire operation. A hyperscale data center should not be considered a one-time purchase.

Data 106

Data Purchasing Cost of ownership Quantity 106

Planergy

AUGUST 9, 2022

The Pros and Cons For Business. Fulfillment Inventory Management Supply Chain Management. Prior to the introduction of the dropshipping business model, there were two main online selling methods. Sellers purchased and stored bulk inventory, and fulfilled, packaged, and shipped orders. Download Free Copy.

Order Fulfillment 52

Order Fulfillment Inventory Purchasing Suppliers 52

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 131

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. Quality Quality management is a crucial part of business strategy. Download PDF.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Jaggaer

OCTOBER 8, 2019

This does not necessarily mean “hands-on” knowledge of software development, as the software applications are now available in secure multi-tenant cloud-based solutions. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) 4) The “Day of Digitalization”.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

SCMDOJO

NOVEMBER 24, 2023

WMS helps you improve productivity and profit through advanced software and technologies. Barcode systems, RFID labeling, hi-tech automated robots for pallet movement, ERP systems, transport management systems, logistics software, augmented and Virtual reality wearables, etc are some of the hi-tech features of WMS.

Supply Chain Efficiency 65

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 65

Planergy

DECEMBER 22, 2022

Start by keeping closer track of your procurement data across your supply chain. Use PLANERGY to manage purchasing and accounts payable. We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks. Download PDF.

Data 52

Data Strategy Sustainability Ethics 52

Let's Talk Supply Chain

APRIL 6, 2023

Coby and John found obvious deficiencies in these same organizations’ supply chain and operational systems, and thus, Enveyo was born. Every day, Coby & John focus their efforts on Enveyo’s core mission – to enable businesses to make business-transforming shipping decisions by leveraging comprehensive data & integrated systems.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Logistics Data 52

Slimstock

AUGUST 27, 2019

And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping experience. Inventory Allocation Explained – Why You Need a Strategy. Tell-Tale Signs of an Effective Vs Ineffective Allocation Strategy.

Inventory 40

Inventory Supply Chain Optimization Real-time Visibility supply chain software solutions 40

Let's Talk Supply Chain

APRIL 26, 2023

Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

That’s where procurement, sourcing, and purchasing technology comes in. Learn about six solutions that can be applied in 2024, why you should apply them, and how to get started. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Pipefy

JANUARY 9, 2024

Following global disruptions that halted supply chains and shifted business models from reactive to proactive, smart procurement is essential for: Navigating business challenges Increasing transparency. Making more agile and accurate business decisions.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply Chain Optimization 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. e-Procurement platforms: Comprehensive solutions that automate the entire procurement process, from requisition to payment.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

AUGUST 1, 2023

No matter the department or team, every process of the business is designed to support the defined operational strategy and meet its objectives. The market fallout of the COVID-19 pandemic, including the supply chain interruptions and rising inflation rates, however, were a rude awakening for many business leaders.

Strategy 52

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

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

TYA Suite

MAY 14, 2023

Procurement system software has the power to reveal the genuine potential of procurement as well as its efficiency and benefits. The approval process for invoices also helps builds rules-based workflows with the help of an eProcurement solution that reduces overspending or non-compliant purchases.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Raw materials 52

The Network Effect

APRIL 16, 2015

It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains. As supply chain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven Supply Chain model.

supply chain budgeting 66

supply chain budgeting supply chain software solutions Demand Supply Chain Optimization 66

Supply Chain Game Changer

NOVEMBER 17, 2018

Always check the purchase price of the item you want to sell in the Amazon Revenue Calculator to see how much profit you will make after Amazon assesses their fees. If you already have a business that sells a specific product you can skip this step. Calculating Revenue. You may need to negotiate with a supplier to get the costs down.

Export 43

Export Price Real-time Visibility Supply Chain Optimization 43

IBM Supply Chain Blog

APRIL 4, 2024

Get the COO’s Pocket Guide to Enterprise-wide Intelligent Automation 3 main types of business process management Integration-centric BPM focuses on processes that don’t require much human involvement. Business process management examples BPM can help improve overall business operations by optimizing various business processes.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Empowering CPO

JUNE 25, 2023

Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. The industrial revolution in the 18th and 19th centuries marked a significant turning point, as businesses started to realize the strategic importance of procurement.

Procurement 52

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

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. Far more businesses have quickly adapted to online models and remote work than anyone expected. The global market shifts of the past few years have been astonishing to witness.

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Planergy

AUGUST 2, 2022

Instead of buying brand new, consumers can purchase refurbished versions of the same product at a discount and reduce their waste. This translates to stronger supply chain security and pricing, which reduces volatility. Use PLANERGY to manage purchasing and accounts payable. Download PDF. What’s your goal today?

Sustainability 52

Sustainability Raw materials Supply Chain Efficiency Ethics 52

Planergy

OCTOBER 6, 2022

Companies that invest in automation should consider investing in software that helps visualize current states and modernize BPA. Whether you’re building a new software system or automating an existing process, you must choose the appropriate tools and technologies to maximize your ROI. Supply chain management.

Import 52

Import supply chain budgeting supply chain software solutions Supply Chain Efficiency 52