IBM Supply Chain Blog
FEBRUARY 19, 2024
Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.
Let's Talk Supply Chain
JULY 20, 2023
Making this hard dichotomy shift isn’t just about good business ethics either. The record talent shortage has been a source of frequent delays and price jumps in recent years. For more than a decade, Zarrin has dedicated her career to finding smarter and more sustainable supply chain planning approaches and technology solutions.
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SCMDOJO
NOVEMBER 17, 2023
Inventory Management & Optimization: Managing inventory as working capital, focusing on demand planning, optimization, safety stock management, and meeting customer service expectations. As an indispensable function significantly influencing a society’s standard of living, logistics skills are complex but essential.
Empowering CPO
JUNE 27, 2023
Risk Mitigation: Category spend analysis helps identify potential risks associated with suppliers, such as single-source dependencies, supplier stability, or non-compliance issues. The first component involves collecting data from various sources, such as procurement systems, invoices, contracts, and financial records.
Empowering CPO
JUNE 26, 2023
By analyzing historical spend patterns and supplier performance, organizations can negotiate better contracts, consolidate suppliers, and implement strategic sourcing initiatives. This forecasting capability allows for improved budgeting, demand planning, and inventory management, leading to cost savings and operational efficiency.
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