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. Rider (1970)).

Supply Chain Efficiency 133

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 133

Supply Chain Game Changer

NOVEMBER 8, 2018

There are tremendous benefits but there are obstacles, real or perceived, that get in the way. Many years ago I started a Supply Chain Services business as a new service within the company. The fundamental premise was that we had great Supply Chain expertise, tools, systems and processes which we could easily offer to customers.

Real-time Visibility 43

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 43

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

IBM Supply Chain Blog

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Real-time Visibility 56

Real-time Visibility Inventory Budget Management 56

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. Through the process, they tackled strategic sourcing challenges related to spend management, strategic sourcing, supplier management, contracting, and change management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

FEBRUARY 25, 2021

ERP vs. 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.

supply chain budgeting 221

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

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 55

Real-time Visibility Management e2e Supply Chain Efficiency 55

Empowering CPO

JUNE 25, 2023

Whether you’re a procurement professional looking to improve your processes, a business leader seeking to optimize your spending, or simply someone interested in understanding the intersection of procurement and technology, this blog post has something for you. Globalization has made supply chains more complex and harder to manage.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 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. Improved data accuracy: Digital systems reduce the risk of human errors, ensuring accurate data for better decision-making.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 21, 2023

These SLAs can span: Application availability Data retention Recovery speed Network uptime and availability Tracking warranties Data center managers can struggle in a complex environment to track which warranties have expired or what each warranty covers. This can result in gaps in performance visibility and inefficient workload distribution.

Data 65

Data Management Real-time Visibility Sustainability 65

IBM Supply Chain Blog

JUNE 30, 2023

Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. To do that, technicians, facility managers, maintenance teams, reliability engineers and project managers need accurate, real-time information at their fingertips.

Management 60

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

IBM Supply Chain Blog

FEBRUARY 16, 2023

Last year, as life sciences organizations were consumed by the recovery from COVID-19, their focus had to shift rapidly to mitigating supply chain constraints, labor and skill shortages, and by the end of the year, inflationary pressures—all of which were exacerbated by the Russia-Ukraine war.

Innovation 40

Innovation Strategy Supply Chain Efficiency supply chain budgeting 40