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. A successful procurement strategy also mitigates risks inherent in the supply chain.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

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

DECEMBER 20, 2023

For instance, organizations can capitalize on a hybrid cloud environment to improve customer experience, comply with regulations, optimize costs, enhance data security and more. To create a successful cloud migration, organizations should create a workflow that includes comprehensive planning, execution and optimization.

Strategy 93

Strategy Real-time Visibility Data e2e 93

IBM Supply Chain Blog

AUGUST 8, 2023

Large organizations are comprised of many assets that require continuous monitoring to ensure optimal productivity. EAMs optimize the quality and utilization of physical assets throughout their lifecycle, increase productive uptime and reduce operational costs.

supply chain software solutions 50

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

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. To meet your own sustainability challenges, start by optimizing your data center ; data centers worldwide account for 1-1.5%

e2e 52

e2e Real-time Visibility Sustainability Data 52

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

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

Agile and Lean Supply Chain 52

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

Pipefy

JANUARY 9, 2024

Smart procurement is the use of advanced technology, such as AI, automation , and RPA to optimize procurement processes and relieve professionals from monotonous tasks in order to achieve greater efficiency. This is necessary to have visibility and find improvement opportunities, so it’s the first step in implementing smart procurement.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Procurement supply chain software solutions 52

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

World of Procurement blog

MAY 10, 2024

With the ability to handle huge volumes of data, operate 24/7, and continuously learn from experience, AI can bring new levels of speed, efficiency, and insight to procurement teams looking to transform strategic sourcing, supplier management, and end-to-end procurement processes.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 15, 2023

It’s a myth that “observability is always expensive” because there are various cost-effective options available for implementing observability in modern systems. By paying for resources as they use them, organizations can optimize costs while ensuring they have enough coverage to meet their requirements.

Real-time Visibility 48

Real-time Visibility e2e Budget Cost of ownership 48

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