IBM Supply Chain Blog

AUGUST 16, 2023

There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market. As a result, IT budgets are experiencing decreases along with overall operational budgets.

Real-time Visibility 69

Real-time Visibility Budget Cost optimization Demand 69

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. This blog will outline solutions to implement when planning for a downturn. What not to do when preparing for a recession?

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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. You can ensure everyone is within budget.

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IBM Supply Chain Blog

MAY 1, 2023

Fundamentally, as a Cloud Operator, you need to ensure great end-user experiences while staying within budget. 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. The diagrams below represent the IBM Turbonomic UI.

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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. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

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World of Procurement blog

MAY 10, 2024

Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. By leveraging data and algorithms, AI-powered tools can help reduce risks and costs in the supply chain.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

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

IBM Supply Chain Blog

NOVEMBER 10, 2023

A recent survey 1 found that cloud over-spending was higher in 2022 than in the previous year: 56% of companies surveyed admitted that spending on public cloud was significantly over budget, some by over 20% to 30% of their intended spend. But there’s another option: cloud management platforms and FinOps to better manage costs.

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Demand Cost optimization Purchasing Budget 75

IBM Supply Chain Blog

JUNE 26, 2023

AIOps helps you operationalize this approach by using data-driven cloud spend decisions to safely balance cost and performance. By using software—not people—you can take appropriate actions and give applications the resources they need when they need them.

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e2e Real-time Visibility Sustainability Data 56

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

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IBM Supply Chain Blog

AUGUST 23, 2023

Choosing the right instance offering and instance size for your application is critical for optimizing performance and reducing costs. How Turbonomic helps: Determining workload type across an entire hosting environment is a significant task, but made easy with the help of cloud cost optimization software.

Networking 40

Networking Price Data Demand 40

Pipefy

JANUARY 30, 2024

Learn about six solutions that can be applied in 2024, why you should apply them, and how to get started. Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Purchase orders. Invoice approvals.

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

IBM Supply Chain Blog

AUGUST 11, 2023

And technology budgets are rising commensurate to this new reality. IT cost management has grown in importance because cost control is top of mind for every organization across all industries. Simply put, IT leaders cannot afford increased project costs that lead to budget overruns.

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Import Management Budget Real-time Visibility 81

IBM Supply Chain Blog

MAY 12, 2023

S3 Intelligent-Tiering: Amazon S3 Intelligent-Tiering automatically moves data between frequent-access (FA) and infrequent-access (IA) tiers for cost optimization, making it ideal for data with unknown or changing access patterns. However, it is also the most expensive storage class per GB stored.

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IBM Supply Chain Blog

MARCH 6, 2024

Additionally, without proper monitoring and optimization, ongoing cloud usage costs can escalate rapidly, leading to budget overruns and financial strain. This plan focuses on performance and cost optimization by selecting the most suitable cloud resources for your VMs and their associated volumes.

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Strategy Data Price Cost optimization 81

IBM Supply Chain Blog

NOVEMBER 13, 2023

In this comprehensive guide, we will explore the intricacies of software modernization, its profound importance, strategies for successful implementation, potential challenges and the integration of new technologies. Improving business value often involves enhancing efficiency, reducing costs, and increasing competitiveness.

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Strategy Cost optimization Quality Risk 103

IBM Supply Chain Blog

JUNE 15, 2023

watsonx.data is truly hybrid It supports both SaaS and self-managed software deployment models, or a combination of both. This provides further opportunities for cost optimization. Therefore, customers are looking for ways to reduce costs.

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