IBM Supply Chain Blog

MARCH 29, 2024

Retention is best achieved by overcoming barriers to switching, maximizing the value of products and services, meeting customer expectations and solving customers’ pain points. It is achieved through a mix of customer service , marketing, customer success and product development.

Strategy 59

Strategy Purchasing Buyers Import 59

IBM Supply Chain Blog

DECEMBER 18, 2023

Typically, these organizations operate on a large scale, often by using a network of franchises to enhance efficiency and speed. It may also reduce the threat of competitors if the unique product is widely viewed as such, fostering significant brand loyalty.

Business strategy 68

Business strategy Strategy Leadership Price 68

SCMDOJO

DECEMBER 14, 2023

Innovation and Product Development: Reduced lead times can facilitate faster innovation and time-to-market for new products. Businesses can stay ahead of the competition by bringing new and improved products to market more quickly. This visibility enables the vendor to actively manage the buyer’s inventory levels.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 78

Supply Chain Game Changer

APRIL 26, 2020

It is great to see Derek Panchyshyn bring his extensive experience and leadership skills to ATX Networks. I didn’t know it at the time but spending that time with planners and buyers around the world was my first foray into supply chain. Here is our interview with a tremendous leader, Derek Panchyshyn!

Leadership 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

In this climate, buyers are relying on suppliers more than ever before. And buyers aren’t collaborating with suppliers merely as providers of materials and goods, but as strategic partners that can help create products that are competitive differentiators. To be blunt: they know more than you do.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

The Good Spending

JUNE 15, 2022

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. Modified Rebuy A buyer wants to replace or amend a product used in the organization. The competition is limited, as this scenario usually applies to modifications of an existing product.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Software

MARCH 5, 2024

It promises to assist with improving buyer and supplier collaboration. This enables you to catch potential disruptions earlier in the design process to avoid delays in production. Part Analytics’s enterprise parts catalog, Part IQ, accelerates new product development.

Real-time Visibility 52

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

Procurement Software

FEBRUARY 20, 2024

Furthermore, Sparetech offers easy 1-click quotations, and a duplicate-free material master solution, as well as a B2B collaboration network (which is currently in beta mode). The platform offers trusted collaboration between buyers and vendors, based on a fully transparent, real time single source of truth.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Zycus Cognitive Procurement

JANUARY 31, 2023

Consolidation of Supply Chain: Through better understanding of one another, buyers and suppliers can work together to mutually benefit from improved efficiency in the supply chain. Feedback loops become more effective while production costs and customer satisfaction levels are optimized – all thanks to improved supplier management strategies!

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40