IBM Supply Chain Blog

APRIL 25, 2024

“It’s about experiential buying in a seamless omnichannel journey, which is so rich that it essentially becomes channel-less.” Fatigued by endless options and plagued by the perception of bad actors, today consumers expect more.The modern shopper expects a unified and seamless buying journey with multiple channels involved.

Strategy 97

Strategy Ethics Purchasing Data 97

The Good Spending

MARCH 3, 2024

Integrating Products and Services Successful servitization requires seamless integration between products and services, ensuring customers receive a complex solution that meets their needs as a whole instead of a collection of tangible and intangible deliverables. link] To keep receiving new insights and research, please subscribe here.

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

Supply Chain Game Changer

SEPTEMBER 4, 2022

There are highly-priced AWP skins, which most players don’t think about buying. AWP Wildfire is a skin from the CS20 collection. There is not much difference between both AWP skins , so players can buy the last one and save a little. It comes from the Bravo collection and has a black mosaic texture throughout its body.

Price 94

Price Supply chain Inventory Purchasing 94

IBM Supply Chain Blog

MARCH 29, 2024

Make an excellent product Ultimately, the initial battle for customer loyalty depends on whether the product or solution they buy directly or from a retailer is worth the money they spent. Collect customer feedback Collect, analyze and distribute customer data through reviews and surveys. The calculation is that simple.

Strategy 69

Strategy Purchasing Buyers Import 69

The Good Spending

APRIL 2, 2023

Business units start collecting and aggregating their demand. We should only plan to buy something after we know the need-by date. Buy from Kogan Page Buy from Amazon US Buy from Amazon UK Buy from Amazon CA Buy from Amazon AE Demand planning and consolidation 4. Each chunk of demand (e.g.,

Procurement 98

Procurement Demand Planning Budget Category management 98

The Good Spending

JUNE 25, 2023

You simply obtain a mix of boiler-plate phrases collected from product whitepapers and consultancy teasers. Buy from Kogan Page Buy from Amazon U.S. Buy from Amazon U.K. Buy from Amazon CA Buy from Amazon AE

Contract administration 52

Contract administration Procurement Category management Strategic sourcing 52

Supply Chain Game Changer

NOVEMBER 23, 2021

Lead enrichment refers to collecting extra data on specific leads. For instance, if you generate a good lead for your B2B service, you might want to search for additional information such as a company’s email, phone number, number of employees, competitive positioning, buying behavior, etc. How to collect lead enrichment data?

Supply Chain Efficiency 96

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Data 96

Spend Matters

JUNE 19, 2023

Such activities include discovering new potential suppliers, collecting and maintaining information on suppliers, qualifying suppliers and managing ongoing collaborations to realize the expected value. They can collect and verify more information by being connected to a large number of third-party sources, e.g., governmental institutions.

Suppliers 80

Suppliers Collaboration Buyers Supply Chain Optimization 80

Procurement Tactics

JUNE 8, 2023

Sustainability ratings are not only beneficial for businesses but also for consumers who want to make informed decisions about what they buy. In fact, studies have shown that 55% of people prefer to buy from companies that prioritize ethical and sustainable practices.

Sustainability 190

Sustainability Ethics Negotiation Procurement strategies 190

Arkestro

FEBRUARY 20, 2024

By accurately predicting when and what to buy, companies can maintain leaner inventories, reduce excess costs, negotiate better terms with suppliers, and quickly find opportunities that deliver business value. It ensures companies always have the most current and precise information, which drives better buying decisions, faster, at scale.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Una

AUGUST 31, 2023

As a GPO, Una can promptly and efficiently comb through your spend categories and identify which ones would benefit most from our collection of pre-negotiated contracts. Una leverages over $100 billion in collective buying power to secure favorable pricing.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Let's Talk Supply Chain

FEBRUARY 1, 2023

Early approaches have been to build small corporate sustainability teams dedicated to collecting and reporting data. Some companies we have spoken with have been buying from the same supplier for decades. Take buying a printed wiring board (PCB) as an example. Without this data, no decision can be made.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement team Procurement Supply Chain Optimization 52

Supply Chain Brain

OCTOBER 6, 2020

Which grocery shopping items are you willing to buy online or via click-and-collect?

81

81

World of Procurement blog

APRIL 23, 2024

The ultimate success of technology implementation hinges on a patient and inclusive process that secures collective buy-in step by step. Importance of Stakeholder Buy-In Cultivating Organizational Support for Smooth Transitions The shift to new technologies can disrupt the status quo.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

The ultimate success of technology implementation hinges on a patient and inclusive process that secures collective buy-in step by step. Importance of Stakeholder Buy-In Cultivating Organizational Support for Smooth Transitions The shift to new technologies can disrupt the status quo.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

IBM Supply Chain Blog

APRIL 23, 2024

The goal of a change management plan, or more accurately an organizational change plan, is to embed processes that have stakeholder buy-in and support the success of both the business and the people involved. Your key leaders can provide helpful context and influence employee buy-in.

Change management 69

Change management Management Influencing Leadership 69

Procurement Tactics

MARCH 23, 2023

Sourcing processes include everything up until the actual buying of goods and services. In this stage, you will need to issue an RFQ or RFP if you are sure to make a purchase and you know the specifics of what you want to buy. The signatures are collected and the transaction is now finished.

Contract 156

Contract Sourcing Purchase orders Bidding 156

Arkestro

OCTOBER 5, 2023

Let's talk on average to buy materials closed bid events to date “Arkestro shines quite a bit by having an easy interface and being able to collect bids quickly from suppliers. Multiple construction and engineering companies leverage Arkestro’s Predictive Procurement technology to execute faster procurement on better terms.

Bidding 52

Bidding Quality Sustainability Collaboration 52

IBM Supply Chain Blog

FEBRUARY 23, 2024

The details of any organization’s plan to become fully GDPR compliant will vary based on the data the organization collects and what it does with that data. A data controller is any organization, group, or person that collects personal data and determines how it is used.

Data 87

Data Inventory Risk Contract 87

Una

FEBRUARY 15, 2023

Across foodservice channels, GPOs similar to Una use collective buying power to obtain significant discounts from vendors while helping to increase your company’s productivity in procurement processes. By joining a foodservice GPO like Una, you’re gaining a partner dedicated to saving you money and time for no added cost or commitment.

Contract 98

Contract Inventory Price Quality 98

The Thomas Blog

MARCH 21, 2024

Such actions are strong indicators of buying interest. Six of the most common are discussed below, based on the type of data you can collect from potential customers: Understanding your ideal target customer type allows you to tailor your approach. Note the specific actions that historically led to conversions.

Data 98

Data Purchasing Strategy Quality 98

Spend Matters

DECEMBER 22, 2023

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Stay tuned for additional insights as we revolutionize the way all organizations buy and sell in 2024!

Procurement solutions 81

Procurement solutions supply chain budgeting Procurement Budget 81

Procurement Insights

MARCH 19, 2024

Like stargazing, you see an impressive array of potential partners but are overwhelmed by the brightness of their collective recognition. ” I have said it many times, but gone are the days of no one ever getting fired for buying IBM. Or, as many CPOs have told me, they suffer from “solution map migraine.”

Supply Chain Visibility 74

Supply Chain Visibility Supply chain Procurement Import 74

Supply Chain Game Changer

OCTOBER 6, 2022

Moreover, the staggering figures and facts call for efficient general waste collection and supply chain waste management systems. General waste collection involves collecting all types of waste and taking it to a facility where it can be sorted, recycled, and/or disposed of properly. According to the UNEP, 11.2

Raw materials 97

Raw materials supply chain budgeting Management Supply Chain Efficiency 97

SCMDOJO

JULY 28, 2022

However, when you buy something, you may not always know all the suppliers that offer a particular product. A database of suppliers offering different types of goods and services means you can invite more suppliers to your event whenever you’re ready to buy something. Then the Supplier registration form comes in handy.

Suppliers 110

Suppliers Bidding Purchasing Quality 110

The Good Spending

SEPTEMBER 1, 2022

As per Laloux, the right level of organizational development links to the collective consciousness of its members, especially top management. Reality check of collective consciousness When I looked at Laloux's definitions of each development stage, I could see my client IT companies primarily transitioning from Orange to Green.

Sourcing 52

Sourcing Innovation Procurement Leadership 52

ivalua

JUNE 4, 2020

Often, what procurement teams end up with are multiple collections of data stored in tiny, disconnected data silos, such as: spreadsheets, MS Access databases, email and even the dreaded manila file folder and sticky note. Financial, etc.). Developing Suppliers: Establishing & Implementing Supplier Strategies.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Spend Matters

JANUARY 22, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. The collaborative ethos extends beyond individual partnerships.

Procurement solutions 66

Procurement solutions Procurement Supply Chain Efficiency Sustainability 66

IBM Supply Chain Blog

SEPTEMBER 19, 2023

Instana’s lightweight agent collects rich telemetry data—including logs, metrics and traces—without impacting the performance of applications or infrastructure. Once the telemetry data is collected, Instana uses advanced analytics and machine learning algorithms to automatically detect and diagnose issues.

Real-time Visibility 91

Real-time Visibility Price Data Budget 91

Spend Matters

NOVEMBER 9, 2023

How Calculum came into being Oliver Belin, founder of Calculum.ai, describes the rationale behind the solution’s founding: “When negotiating between a buyer and a supplier, certain questions have to be answered: what is the price, how much do I buy, what is the quality of the purchase and what are the payment terms? There is no database.

Negotiation 80

Negotiation Buyers Suppliers Data 80

Procurement Tactics

OCTOBER 6, 2022

Collect and submit follow-up questions for the buyer. Once you have collected enough data, you should review all your processes if there are any roadblocks and opportunities for improvement. An RFQ is sent when companies already know what they want to buy and just need the information about the price. Schedule a kickoff meeting.

Project management 180

Project management Management Bidding Buyers 180

Supply Chain Game Changer

APRIL 17, 2021

You need a way to swap your fiat currencies for crypt if you buy it for the first time. This is close to what you’d expect from most conventional online financial markets or brokering accounts to finance your bills and buy on the cryptocurrency exchange. Each business has a collection of trade pairs of its own.

Price 98

Price Purchasing Influencing Supply chain 98

Spend Matters

JUNE 19, 2023

More advanced solutions rely on primary data, such as quantitative data collected from suppliers, to provide more details with greater accuracy. GHG granularity The c apability of the solution to manage (data collection, analysis and reporting) GHG at a very granular (i.e., material) level.

Management 80

Management Bill of materials Quantity Influencing 80

World of Procurement blog

APRIL 23, 2024

They are particularly useful when the buying organization lacks detailed knowledge about the solutions available in the market. Response Evaluation: Collect and assess proposals based on predefined criteria. Writing and Issuance: Draft and publish a detailed RFP document.

Procurement 52

Procurement Vendor relationships Budget Bidding 52

World of Procurement blog

APRIL 23, 2024

They are particularly useful when the buying organization lacks detailed knowledge about the solutions available in the market. Response Evaluation: Collect and assess proposals based on predefined criteria. Writing and Issuance: Draft and publish a detailed RFP document.

Procurement 52

Procurement Vendor relationships Budget Bidding 52

Spend Matters

JANUARY 9, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.

Procurement solutions 88

Procurement solutions Procurement Procurement team supply chain budgeting 88

The Good Spending

DECEMBER 13, 2021

Buying channels are at the heart of Source-to-Pay (S2P.) Two blanket solutions are known to everyone: supply base reduction, electronic and self-service buying channels. Diverse buying channels improve the flexibility of the purchasing process, support SMEs with light governance, enable spend analysis and control, and many more.

Buyers 52

Buyers Quantity Procurement Contract 52