World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. It eliminates waste and enables companies to manufacture products at lower costs.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

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. Building strong supplier relationships to encourage favorable contracts and service is also a common goal.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Empowering CPO

JULY 16, 2023

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. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

IBM Supply Chain Blog

AUGUST 8, 2023

Enterprise asset management systems can help manage functions like work management, asset maintenance, planning and scheduling, supply chain management and environmental, health and safety (EHS) initiatives. A centralized asset database enables better visibility and control over assets.

supply chain software solutions 50

supply chain software solutions Management Real-time Visibility Supply Chain Optimization 50

Empowering CPO

JULY 16, 2023

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. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

IBM Supply Chain Blog

JUNE 26, 2023

Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. You gain full-stack visibility to better understand your environment and speed up innovation. But where to start?

e2e 52

e2e Real-time Visibility Sustainability Data 52

World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 20, 2023

Cloud service provider costs can climb higher than anticipated, especially with multiple vendors involved, which is why monitoring cloud spend is critical. Cloud cost-optimization software tools can help monitor workload demands for maximum cost-efficient performance. shifting legacy apps to the cloud).

Strategy 93

Strategy Real-time Visibility Data e2e 93

IBM Supply Chain Blog

OCTOBER 17, 2023

By monitoring resource utilization, an organization can optimize the use of application resources and ensure applications have the necessary resources to run efficiently and effectively. Resource monitoring is a key component of cloud cost optimization, which the IBM® Turbonomic® platform is specifically designed to do.

Real-time Visibility 70

Real-time Visibility Networking e2e Data 70

IBM Supply Chain Blog

AUGUST 15, 2023

These plans empower enterprises to anticipate costs according to their chosen package, simplifying budgeting for observability endeavors and steering clear of unexpected charges. Prometheus and Grafana) provide additional avenues for cost savings. Our customers have been able to achieve tangible results using real-time observability.

Real-time Visibility 48

Real-time Visibility e2e Budget Cost of ownership 48