IBM Supply Chain Blog
FEBRUARY 28, 2024
They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.
Procurement Tactics
JUNE 28, 2023
Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.
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Spend Matters
DECEMBER 21, 2023
AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management. Many thanks to GEP, and you can read our in-depth analysis of GEP here.
IBM Supply Chain Blog
FEBRUARY 13, 2024
They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Sustainability Together with traceability and transparency comes sustainability—and 60% of CEOs say they’re already feeling pressure to be more transparent about their organization’s sustainability performance.¹
IBM Supply Chain Blog
DECEMBER 13, 2023
By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. In addition, a well-crafted procurement framework fosters innovation and sustainability.
Empowering CPO
JULY 16, 2023
This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.
Spend Matters
OCTOBER 19, 2023
Following months of debate based on extensive knowledge of the many procurement technologies they have reviewed, analysed and benchmarked, they arrived at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.
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