IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.

Procurement strategies 72

Procurement strategies Strategy Procurement Supply Chain Efficiency 72

World of Procurement blog

MAY 8, 2024

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Conduct supply chain audits and due diligence on high-risk categories. Dual sourcing and supply chain digitization can help.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. Like it or not, part of a successful stakeholder engagement strategy is marketing. We need to clean our supplier data and have some P2P software in place. What do you think?

Category management 40

Category management Procurement supply chain budgeting Budget 40

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

Fragmented Supply Chains: The healthcare supply chain is complex and often fragmented, involving multiple stakeholders such as manufacturers, distributors, and group purchasing organizations (GPOs). Understand their needs, expectations, and concerns to tailor communication and engagement efforts accordingly.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JUNE 27, 2023

Collaboration and Stakeholder Engagement: Digital platforms and cloud-based solutions facilitate collaboration among procurement teams, suppliers, and other stakeholders. In the context of spend analysis, IoT can provide real-time data on inventory levels, consumption patterns, and supply chain activities.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40