IBM Supply Chain Blog

OCTOBER 3, 2023

Together, IBM Instana and IBM Turbonomic provide real-time observability and control that everyone and anyone can use, with hybrid cloud resource and cost optimization so you can safely automate to unlock elasticity without compromising performance. It’s time for IT to go from reactive to proactive and preventative.

Real-time Visibility 98

Real-time Visibility Cost optimization Budget Data 98

Spend Matters

DECEMBER 20, 2023

To customers — CloudEagle is built for mid- and enterprise-level organizations and offers both cost optimization and actionable insights around SaaS applications in-platform (i.e., Here’s why CloudEagle Matters: To the market — CloudEagle offers SaaS application tracking and management aimed at reducing a customer’s SaaS spend.

Management 79

Management Market analysis Cost optimization Buyers 79

Empowering CPO

FEBRUARY 23, 2024

As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Leaders

DECEMBER 9, 2022

These partnerships are key whether we are talking about security of supply, supplier innovation for growth or supplier collaboration for cost optimization or delivering on our sustainability ambition. What new capabilities are you looking to develop in your team to help you navigate this period of volatility?

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

ivalua

NOVEMBER 30, 2022

The flexibility of Ivalua’s platform allowed us to evolve with the organization’s needs, which accelerated adoption and generated further efficiencies and cost optimization.” ” “Ivalua is proud to once again be recognized by Gartner as a Leader in Procure-to-Pay,” said David Khuat-Duy, Founder and CEO of Ivalua.

Procurement 130

Procurement Spend management Cost optimization Sustainability 130

IBM Supply Chain Blog

MARCH 14, 2024

Gen AI accelerates the execution and value of hybrid cloud by providing enhanced automation with observability, improved cost optimization with automated insights, and heightened security with compliance across the hybrid platform.

Cost optimization 80

Cost optimization Demand Data Strategy 80

IBM Supply Chain Blog

OCTOBER 26, 2023

and today we are announcing the first product integration between IBM Apptio Cloudability, for cloud financial management and, IBM Turbonomic, for hybrid cloud cost optimization. IBM Apptio Cloudability and IBM Turbonomic: advancing your FinOps practice IBM recently completed its acquisition of Apptio Inc.

Cost optimization 77

Cost optimization Collaboration Data Innovation 77

Una

OCTOBER 12, 2023

Why it's important to know the difference Different options can have major impacts on cost, risk, compliance and strategic alignment. Here’s a summary of the most important impacts: Cost Optimization One of the key reasons to distinguish between onshoring, offshoring, nearshoring, and rightshoring is cost optimization.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

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. The role of procurement extends beyond transactional activities.

Procurement strategies 76

Procurement strategies Strategy Procurement Supply Chain Efficiency 76

IBM Supply Chain Blog

NOVEMBER 10, 2023

But there’s another option: cloud management platforms and FinOps to better manage costs. In this blog, we’ll look at five simple ways to optimize spend with IBM Turbonomic — a hybrid cloud cost optimization platform and the “Ops” in FinOps — while still leveraging the elasticity of the cloud.

Demand 79

Demand Cost optimization Purchasing Budget 79

Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Poland-based Procurence is one such provider.

Market analysis 72

Market analysis Procurement Quality management Supply Chain Optimization 72

ivalua

JANUARY 13, 2021

– Cost optimization which comes from two sources: first, the savings that are captured from purchasing through preferred suppliers and compliant channels, and second the lower cost of a more efficient purchasing process.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Arkestro

JANUARY 4, 2023

Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added. As procurement teams begin 2023, they must plan for resilience, speed, cost optimization, sustainability, and clarity.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Sourcing and Supply Chain

MAY 27, 2021

Latest technologies levers How digital transformation happens and what are the benefits, levers used Real-time experience in digital transformation and cost optimization in the industry. Key Take Away Points: Understand industry 4.0 Hurry, register right away! Session 1 – June 05, 2021, at 19:00 IST. Registration Link – [link].

Supply Chain Optimization 52

Supply Chain Optimization Logistics Supply chain Supply 52

Procurement Templates

MARCH 3, 2024

Cost Optimization : Market intelligence provides insights into pricing trends, cost structures, and cost drivers within specific markets and industries. By understanding supplier capabilities and market trends, procurement professionals can strengthen relationships with key suppliers and drive continuous improvement.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

IBM Supply Chain Blog

MAY 1, 2023

In this blog post, we will review the various methods of GCP cloud cost management, what problems they address and how GCP users can best use them.

Supply Chain Optimization 92

Supply Chain Optimization supply chain budgeting Budget Cost optimization 92

IBM Supply Chain Blog

JULY 26, 2023

Balancing strategic objectives, budget constraints, and the need for cost optimization requires careful consideration and decision-making. These factors make IBM Planning Analytics a preferred choice for organizations seeking to implement ZBB effectively and achieve cost optimization and accountability throughout the budgeting cycle.

Budget 63

Budget Data Cost optimization Collaboration 63

IBM Supply Chain Blog

JUNE 19, 2023

By striking the balance between local and global suppliers, companies can achieve a renewed resilience, effective cost optimization and enhanced customer satisfaction, which ensures the stability and sustainability of their supply chain in the long run.

Risk 87

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 87

SCMDOJO

JUNE 6, 2023

Cost Optimization & Spend Analysis Data analytics can help analyze spending patterns throughout a business’s supply chain. Data-driven insights can also help detect opportunities for cost optimization. And by doing so, they can identify potential failures before they even occur.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

IBM Supply Chain Blog

AUGUST 16, 2023

A comprehensive, intelligent cloud strategy done correctly often costs less than on-premises data centers and can unlock significant value for both incumbent organizations and startups alike. Increasingly, complex applications run your business, and they can run your teams ragged trying to stay ahead of dynamic demand.

Real-time Visibility 71

Real-time Visibility Budget Cost optimization Demand 71

Procurement Tactics

JUNE 7, 2023

Collaborative efforts streamline processes, optimize supply chain operations, and identify cost-saving opportunities, leading to improved efficiency and shared cost optimization. Furthermore, close collaboration with suppliers enables proactive risk mitigation, ensuring business continuity and reducing vulnerabilities.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

The Good Spending

DECEMBER 27, 2023

The first example that comes to my mind is the successful shared risk and reward cost optimization project, where top-notch consultants competed for the share of mutually acknowledged savings. What successful cases of agile transformations have you had the opportunity to observe that have particularly stood out to you?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Supply Chain Optimization Negotiation 52

ivalua

APRIL 2, 2019

We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Empowering CPO

FEBRUARY 11, 2024

Consulting firms like ours leverage cutting-edge tools and analytics to gain deep insights into market trends, supplier performance, and cost structures. By harnessing the power of data, organizations can identify opportunities for cost optimization, risk mitigation, and process efficiency.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

IBM Supply Chain Blog

SEPTEMBER 20, 2023

This could benefit cost optimization and also strengthen cybersecurity, as it can help detect threats quickly. For example, public sector agencies can make better use of data by migrating certain technology systems to the cloud and infuse it with AI.

Supply Chain Efficiency 114

Supply Chain Efficiency supply chain software solutions Data Supply Chain Optimization 114

Procurement Tactics

JULY 4, 2023

By using this should-cost model template, businesses can analyze the cost breakdown of their product, understand the contribution of each raw material, track changes in costs over time, and identify areas for cost optimization and negotiation with suppliers.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Supply Chain Game Changer

AUGUST 16, 2022

And this, in the long run, means fewer costs. Optimizing workflows for metal processing companies. For metalworking companies, there are many opportunities in the field of process optimization. Another advantage of waterjet cutting is that no heat is introduced when pre-cutting tapped holes.

Supply Chain Optimization 92

Supply Chain Optimization Innovation Cost optimization Quality 92

Let's Talk Supply Chain

NOVEMBER 2, 2022

Labor costs, material costs, and even entire negotiated rate tables are analyzed in milliseconds and used to generate packing instructions for those harried humans and/or machines in the warehouse.

Supply Chain Optimization 64

Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 64

Una

OCTOBER 17, 2023

A Snapshot of Supply Chain Technology How to Adjust to Evolving Technology Costs 5 Essential Technology Solutions for Businesses Cost Optimization AI-driven chatbots will continuously monitor procurement processes and expenses, identifying areas where cost savings can be achieved.

Procurement 52

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

Empowering CPO

JANUARY 28, 2024

By harnessing the power of data, procurement teams can identify opportunities for cost optimization, negotiate favorable contracts, and proactively manage risks. Advanced analytics tools empower organizations to extract meaningful insights, facilitating informed decision-making.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

Arkestro

JANUARY 23, 2024

Financial understanding: Working knowledge of financial principles, budgeting, and cost analysis for cost optimization. Project management skills: Plan, execute, and monitor procurement projects for effective sourcing. Ethical conduct: Maintain high ethical standards for fair and transparent procurement processes.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Management Procurement 52

Empowering CPO

JUNE 26, 2023

Understanding these common spend categories is essential for effective spend analysis and targeted cost optimization strategies. This helps identify areas of high spending and potential cost-saving opportunities. Stay tuned for the next section, where we will delve into the Benefits of Implementing Spend Analysis in Healthcare.

supply chain budgeting 52

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

Skill Dynamics

FEBRUARY 6, 2024

When implemented and managed correctly, it’s a strategy that can lead to large-scale operational improvements, cost optimization, and reduced risks across the supply chain.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

Una

JULY 3, 2023

They leverage the outputs of advanced analytical tools and technologies to assess supplier performance, monitor market conditions, and identify opportunities for cost optimization and process improvement.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Arkestro

MARCH 27, 2024

Finance skills: Cost optimization lies at the heart of procurement, so buyers should have a solid understanding of budgeting, cost analysis, and the financial implications of procurement decisions. Problem-solving skills: When challenges arise, buyers must have the ability to analyze problems and find effective solutions.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

IBM Supply Chain Blog

DECEMBER 14, 2023

It is very easy to turn a terraform template into a deployable architecture and open the door to cost optimization, compliance management, self-service, standardization and repeatability. KubeCon – KubeCon + CloudNativeCon North America 2023 was in Chicago this year, my hometown.

Collaboration 77

Collaboration Cost optimization Management Data 77

Arkestro

OCTOBER 10, 2023

Then we’ll discuss how AI and other innovative technologies are removing current complexities, allowing oil and gas companies to reduce costs, optimize supply chains, and make data-driven decisions. In this post, we’ll take a look at the key factors driving change in oil and gas today. trillion.

Agile and Lean Supply Chain 52

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