IBM Supply Chain Blog

APRIL 25, 2024

Successful implementation of BPR requires strong leadership, effective change management and a commitment to continuous improvement. Leaders, senior management, team members and stakeholders must champion the BPR initiative and provide the necessary resources, support and direction to enable new processes and meaningful change.

Supply Chain Efficiency 63

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

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

The Procuretech Podcast

OCTOBER 10, 2023

In the first section, he discusses fundamental challenges and opportunities in procurement, highlighting the change management process during digital transformations as a significant hurdle. 00:06:18] Change management and communication. [00:09:13] 00:22:03] Tech companies cutting marketing budget. [00:25:48]

supply chain software solutions 40

supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 40

The Procuretech Podcast

OCTOBER 12, 2022

From CPO to Advising Startups - Joanna Martinez from Supply Chain Advisors. She spent the first third of her career in supply chain roles for Johnson and Johnson. It's about change management and disruption and making sure that change gets adopted within the workplace. That's the Holy Grail, isn't it?

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supply chain budgeting supply chain software solutions Supply chain Supply 40

IBM Supply Chain Blog

APRIL 13, 2023

Some organizations are looking to improve business operations by moving from legacy ERP to SAP S/4HANA®, SAP’s next-generation ERP software, while others want to replace manual processes with AI and automation. Do you need to move data to the cloud while ensuring its integrity, security and compliance?

Change management 83

Change management Innovation Vendor management Management 83

Procurement Software

APRIL 25, 2023

Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. But getting on board with digital transformation no longer means investing in one big software solution. Smaller, targeted solutions can add value to your business in many ways. Change management is key.

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supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

World of Procurement blog

MAY 10, 2024

Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. Supplier Management with AI AI is transforming how procurement teams evaluate, select, and manage suppliers.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Solvoyo

NOVEMBER 7, 2018

Supply Chain is a core business function tasked to manage multiple business operations such as production, inventory, order fulfillment, and transportation simultaneously. In fact, the supply chain people are expected to be super-heroes. How can they manage all this simultaneously?

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 40

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Barkers Procurement

DECEMBER 1, 2022

As an organisation, ask yourself the following questions: Do we have a full and transparent understanding of our supply chain? What are the risks within the supply chain? Budget holders spending without the autonomy to do so? What budget can we commit towards this P2P transformation project and is it ring-fenced?

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

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

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)).

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Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 132

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Supply Chain Game Changer

FEBRUARY 12, 2020

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . Why have so few companies adopted a TMS (Transportation Management System) solution? Many years ago I started a Supply Chain Services business as a new service within the company. Subscribe Here! Email Address.

Real-time Visibility 76

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 76

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Supply Chain Analytics 121

Supply Chain Analytics Supply Chain Optimization supply chain software solutions supply chain budgeting 121

Solvoyo

DECEMBER 9, 2020

Companies tend to engage in request for information (RFI), request for quote (RFQ) and request for proposal (RFP) processes to make sure they end up choosing the right software that meets their business and IT requirements. appeared first on Supply Chain Analytics, Planning & Optimization Software | Solvoyo.

Purchasing 52

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

Procurement Software

JANUARY 16, 2024

And what if they were prepared to fight for it, instead of rolling over at the first sign of a budget cut? But they also fail because of lack of talent, lack of budget and lack of effective change management. Why not mix seasoned Procurement Managers with Cross-Functional Moves? That somebody is the CPO.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Supply Chain Trend

JULY 22, 2018

To Make S&OP Work, We’ll Need New Software. Their orientation is on supply chain, but there are needs for S&OP as a business-governing model in other areas. The development and communication of a clear vision are acknowledged to be the first steps before undertaking change management.

supply chain budgeting 60

supply chain budgeting supply chain software solutions Leadership Supply chain 60

The Procuretech Podcast

JUNE 28, 2022

I ask Wolfgang about common mistakes in how organisations manage their procurement teams internally. He says that, interestingly enough, many of the biggest companies make the biggest mistakes - 50, 60, perhaps even 70 percent of a company’s overall budget is managed through suppliers by procurement. He says no.

Sourcing 52

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

Supply Chain Game Changer

NOVEMBER 8, 2018

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. One of the services that was very compelling was our Freight Management service.

Real-time Visibility 43

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

IBM Supply Chain Blog

OCTOBER 19, 2023

According to Gopal Chandak, FP&A Leader at Landmark, “The consolidation of the financial budget, cost allocation methods and standardization of common records posed as major obstacles. Gathering files from multiple parties led to discrepancies due to varying versions of software and different levels of user expertise.”

Budget 105

Budget Data Change management Innovation 105

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.

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

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 61

Real-time Visibility Inventory Budget Data 61

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

Procurement Insights

JUNE 24, 2022

Ironically, the first article in this blog about using spreadsheets was a guest post by Glenda Leatherman , a change management consultant, in March 2008. Coinciding with Andrew’s point of view was the release of the Supply & Demand Chain Executive ‘s white paper “ Are Spreadsheets Sabotaging Your Supply Chain?

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

IBM Supply Chain Blog

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes. Which Oracle modules will my organization adopt?

Supply Chain Efficiency 82

Supply Chain Efficiency supply chain budgeting supply chain software solutions Data 82

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 61

Leadership Strategy Supply Chain Efficiency supply chain software solutions 61

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. These systems streamlined the procurement process, improving efficiency and reducing costs.

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. Cost savings: Digital procurement systems can help identify opportunities for cost reduction, enabling businesses to optimize their spending.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 30, 2023

The growing complexity and scale of operations across industries and the need to track, monitor and manage assets, have been driving the evolution of advanced asset management software. A CMMS automates critical asset management workflows and makes them accessible and auditable. Let’s explore these in more depth.

Management 66

Management supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 66

IBM Supply Chain Blog

DECEMBER 7, 2023

Effective change management can prevent strategy deviations, as could occur if staff members were to set up their own data centers independently of the new company policy. It should also include factors related to the data center’s electrical needs, including cabling, bandwidth, connectivity and the required power supply.

Data 103

Data Strategy Management Inventory 103

IBM Supply Chain Blog

JUNE 21, 2023

A person responsible for carrying out these tasks is known as a data center manager. What is the role of a data center manager? Common challenges of data center management Navigating complexity By nature, asset management within an enterprise data center is complex.

Data 71

Data Management Real-time Visibility Sustainability 71

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. Automating specific tasks such as order processing, picking, packing and shipping reduces cycle times and improves order accuracy.

Real-time Visibility 61

Real-time Visibility Management e2e Supply Chain Efficiency 61

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? What is P2P in procurement?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? We’ll cover the plethora of software solutions available to handle the entire P2P process or its specific steps later.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Pipefy

DECEMBER 18, 2023

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. In some cases, we may have only budgeted a 10% increase. So the challenge for procurement increases. And that’s not going away.”

Procurement 52

Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 52