IBM Supply Chain Blog

JUNE 30, 2023

The good news is that sustainability and profitability go hand-in-hand, especially in the retail supply chain. Promises Ultimately, every consumer wants to know that their chosen retailer is going to meet order promises. 3 Tips for delivering on promise and purpose in the retail supply chain 1.

Retail Supply Chain 65

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 65

Strategic Sourceror

JANUARY 20, 2023

Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. According to the U.S. over the previous 12 months.

supply chain budgeting 62

supply chain budgeting Raw materials Supply chain Supply 62

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. and J-P Rodrigue (2004)).

Supply Chain Efficiency 131

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Arkestro

OCTOBER 10, 2023

Forever changed by global lockdowns, volatile consumer demands, and increasing pressure to go green, oil and gas companies have shifted dramatically since 2020. On top of these challenges, oil and gas companies are dealing with global inflation, supply shortages, and ever-mounting pressure to move toward low-carbon solutions.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Una

AUGUST 9, 2022

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. Industries seeking a new cost reduction strategy. but face higher costs in doing so.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Strategic Sourceror

AUGUST 3, 2022

Product shortages were a common sight throughout much of the country, due in part to supply chain bottlenecks, so stocking up wherever possible made sense. Retailers aim to reduce their inventory that is piling up due to slower sales. It's just painful on the path from here to there." Brought to you by the StrategicSourceror.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Consumer demands 104

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

SCMDOJO

NOVEMBER 9, 2023

By employing the right Inventory Control Techniques, you can ensure that your business maintains a sufficient stock level to meet consumer demand. This comprehensive budget should encompass the entirety of ownership expenses required to sustain stock availability throughout the fiscal year.

Inventory control 79

Inventory control Inventory Supply Chain Optimization supply chain budgeting 79

Let's Talk Supply Chain

MAY 17, 2023

Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supply chain, accounting for, on average, 53% of overall shipping costs. Dataworks uses AI to predict shipping times and accurate delivery dates.

Logistics 52

Logistics e2e Supply Chain Efficiency supply chain budgeting 52

Finale Inventory

SEPTEMBER 13, 2022

Businesses use the supply chain to order and distribute goods to consumers. Supply chain layers work together to create and distribute products across the globe. However, disturbances in this chain can disrupt access to goods and other business functions. What Is the Bullwhip Effect?

supply chain software solutions 52

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

Finale Inventory

FEBRUARY 27, 2024

It’s also a cushion against supply chain disruptions, which is why many retailers bumped up inventory after the shakeup in global supply and demand caused by the pandemic. But too much safety stock generates excess inventory costs, which include not just the product price, but also insurance and warehousing expenses.

Inventory 52

Inventory Management Real-time Visibility e2e 52

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Negotiates cost-effective contracts with suppliers while following organizational policies and guidelines.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Una

OCTOBER 26, 2023

Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. By Hugo Britt | October 26, 2023 Search Search You don’t need a crystal ball to see that demand for ESG (Environmental, Social & Governance) Procurement Managers will continue to grow.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Empowering CPO

MAY 11, 2023

Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions. Consumer Demand: More and more, consumers are choosing brands that align with their values.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Let's Talk Supply Chain

OCTOBER 16, 2023

And when you account for the fact that last mile is the most expensive aspect of the supply chain, the bottom line ROI is almost immediate once implemented.” And when you account for the fact that last mile is the most expensive aspect of the supply chain, the bottom line ROI is almost immediate once implemented.”

Supply Chain Efficiency 52

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

Supply Chain Game Changer

MAY 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.

Logistics 98

Logistics supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 98

The Network Effect

AUGUST 28, 2015

But if you’re moving from a ‘reactive firefighting’ current state to a ‘demand driven’ future state, then disruption cannot be avoided. You might as well embrace that fact early, rather than spending years of time and millions of over-budget dollars trying to fit a square peg in a round hole. So how could such a catastrophe be avoided?

Change management 68

Change management supply chain budgeting Supply chain Management 68

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? As we have all seen in the last few years, school districts across the United States are not making budget and there have been a lot of cuts. Federal Government is stepping up cutting budget dollars for programs. What are We Seeing Firsthand?

supply chain budgeting 63

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

IBM Supply Chain Blog

SEPTEMBER 28, 2021

Get ahead of the challenges by communicating with vendors what shortages they anticipate, budgeting for last minute orders due to unexpected delays and even consider introducing new vendors that can guarantee on-time deliveries. The key takeaway here is simple: Be proactive to remain profitable. #4:

Inventory 52

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

IBM Supply Chain Blog

FEBRUARY 14, 2024

AI has also been used to improve mechanical efficiency and reduce carbon emissions in engines. For example, a supply-chain function can use algorithms to predict future needs and the time products need to be shipped for timely arrival. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

Real-time Visibility 89

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 89

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supply chain professionals have been highlighted as an integral part of their organizations. Subscribe Here!

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

JUNE 29, 2023

Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year.

Supply Chain Optimization 60

Supply Chain Optimization Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 60