IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 87

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 87

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

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supply chain software solutions Suppliers Management Real-time Visibility 134

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 76

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. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

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

Let's Talk Supply Chain

DECEMBER 4, 2023

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients.

Supply Chain Optimization 52

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

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. But with the right tools, tactics and collaboration, it doesn’t have to be this way.

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e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 63

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Supply Chain Efficiency 58

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

Procurement Tactics

MAY 22, 2023

Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Thus, this will enable you to implement it in your supply chain. Once you are done reading this article, you will have a deeper understanding of integrated logistics. What is Integrated Logistics?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

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Supply Chain Efficiency Supply Chain Optimization Sustainability Agile and Lean Supply Chain 183

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. Supply chain disruptions, and the reactions to them, do more than simply reduce profits today.

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Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

IBM Supply Chain Blog

JUNE 30, 2023

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ 3 tips for accelerating the path to a more resilient and sustainable automotive supply chain 1.

supply chain budgeting 65

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 65

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

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Price Strategy Sourcing Real-time Visibility 264

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. We believe that a key pillar of this transformation is the supply chain. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 76

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. The result? But what exactly does it entail?

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

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

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Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 5, 2021

Managing a diverse and agile supplier network is now a top priority in the auto industry and essential to remain competitive. Whether shifting to produce electric vehicles, dealing with the semiconductor shortage or mitigating everyday disruptions, the automotive OEM and aftermarket supply chains, live and die by their supplier network.

Collaboration 52

Collaboration Suppliers Agile and Lean Supply Chain Real-time Visibility 52

World of Procurement blog

MAY 10, 2024

Conducting market research : AI can scan the web to collect pricing information, identify potential suppliers, assess supplier reputations, and keep up-to-date with market and industry trends. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. Streamlined cross-border trade.

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Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 109

Let's Talk Supply Chain

JUNE 25, 2023

Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supply chains of the world. ” [31.03] Why the CargoWise Partner Program was developed, and the benefits of industry collaboration. Check out our other podcasts HERE.

supply chain software solutions 95

supply chain software solutions Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 95

Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. Supply Chain Strategies The same can be said for the similar amount of diversity found in the world of supply chain management.

Agile and Lean Supply Chain 52

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

SCMDOJO

JULY 7, 2023

However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

Supply Chain Efficiency 101

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 101

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

HICX

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 52

Supply Chain Game Changer

APRIL 29, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Subscribe Here!

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

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Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

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

World of Procurement blog

APRIL 23, 2024

This technology significantly reduces manual work, minimizes errors, and speeds up transaction times. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

This technology significantly reduces manual work, minimizes errors, and speeds up transaction times. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

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

Procurify

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. .

Supply Chain Optimization 52

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

HICX

AUGUST 17, 2023

Table of Contents What is Supplier Performance Management? What are the benefits of Supplier Performance Management? What is Supplier Performance Management? Supplier Performance Management is an organized framework that evaluates, tracks and optimizes suppliers’ performance.

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Suppliers Management Supply Chain Efficiency supply chain budgeting 52

HICX

DECEMBER 11, 2023

Supplier Management is an area within businesses that frequently shows significant potential for transformation through new and emerging digital technologies. Businesses that embed digital transformation will be better positioned to serve their supplier base and build mutually beneficial supplier relationships.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 52

IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.

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Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 116

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction.

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