IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 89

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 89

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

By analyzing data on market trends, demand patterns, and supplier capabilities, organizations can make informed decisions regarding sourcing strategies, supplier selection, and risk management. This leads to improved agility, better decision-making, and a competitive advantage in the marketplace.

Real-time Visibility 40

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

Empowering CPO

JUNE 27, 2023

The same holds true for procurement professionals striving to navigate the complexities of expenditure management without proper spend analysis. Supplier Relationship Management: Understanding spending patterns within different categories helps identify the key suppliers and their performance.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40