IBM Supply Chain Blog
FEBRUARY 19, 2024
It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes. Sustainable and ethical sourcing Companies are trying to ensure that every stage of their supply chains is adhering to responsible practices.
Procurement Heads
AUGUST 11, 2022
In summary, after almost 15 years of leading major transformation projects and teams internationally for three multinational companies, I got to experience procurement in its early days, when purchasing was a standalone island fighting to earn its place at the leadership table.
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SCMDOJO
NOVEMBER 17, 2023
Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path. Click here to access the course: How to Start a Career in Supply Chain Management?
Empowering CPO
JUNE 27, 2023
Compliance and Governance: Analyzing spending data enables organizations to monitor compliance with regulatory requirements, internal policies, and ethical standards. It helps identify opportunities for inventory management, pricing negotiations, and demand planning.
Empowering CPO
JUNE 26, 2023
By continuously monitoring spend data, organizations can quickly identify potential risks such as maverick spending, non-compliant purchases, or supplier performance issues. This forecasting capability allows for improved budgeting, demand planning, and inventory management, leading to cost savings and operational efficiency.
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