IBM Supply Chain Blog

FEBRUARY 19, 2024

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Heads

MARCH 27, 2023

We’re responsible for the supplier management and then supporting the business in contract management as well. We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

EazyStock

JANUARY 17, 2022

Improving Demand Forecasting and Demand Planning. Companies are increasingly focusing on improving their demand forecasting and demand planning. Many businesses have realized that demand forecasting for inventory management isn’t easy, especially in current circumstances. Supplier Diversification.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 52

SCMDOJO

AUGUST 16, 2023

The retail giant has strategically adopted various IT initiatives to optimize its operations, enhance collaboration with suppliers, and achieve real-time inventory targeting. This system facilitates seamless communication and coordination between Walmart and its supply chain partners, including suppliers and distributors.

Supply Chain Efficiency 77

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 77

Supply Chain Collaborator

JUNE 4, 2019

Blockchain – A decentralized peer-to-peer computer network used to maintain an un-corruptible ledger/recording of transactions. Demand Planning – Using forecasts and data captured via prior business experiences to estimate demand for various items at various points in the supply chain.

Supply chain management 74

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 74

Procurement Heads

MARCH 27, 2023

We’re responsible for the supplier management and then supporting the business in contract management as well. We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

SCMDOJO

NOVEMBER 17, 2023

Equipping Yourself for Success: Education and Networking Acquiring a relevant degree is also essential. Additionally, early networking on platforms like LinkedIn with professionals, recruiters, and HR personnel in the field can provide invaluable insights.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 73

Supply Chain Game Changer

NOVEMBER 13, 2018

It is an umbrella term which encompasses the end-to-end aspects of Finance, Operations, Development, Sales, Manufacturing, Distribution, Customer Management, Supplier Management, Technology and I/T. In essence, supply chain management integrates supply and demand management within and across companies. Source: [link] ).

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

Supply Chain Game Changer

JULY 30, 2019

To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. Logistics management includes a wide range of activities.

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Supply Chain Trend

AUGUST 13, 2020

For example, demand sensing has been used to update short term demand plans based on automatically detected changes in sales orders, point of sales information, competitor activity, and other drivers. They will have more free time to strategize, communicate, and collaborate with peers, customers and suppliers.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. To coordinate, contracts can be made with direct links in the supply chain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

NOVEMBER 10, 2018

Supplier chain collaboration itself isn’t new. With pricing under pressure from recession-scarred consumers, the temptation for retailers is to transfer the pain upstream to their suppliers by passing on price reductions and forcing them to bear an increasing share of costs. Without the apps, the iPhone is just another ordinary phone!

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 105

SCMDOJO

DECEMBER 14, 2023

These agencies are experts at finding good suppliers, talking about fair deals, and making sure everything gets to where it needs to be. Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. It makes the job of getting goods and services easier.

Sourcing 75

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 75

Supply Chain Game Changer

AUGUST 26, 2021

Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. Supplier pulls from stock

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Supply Chain Action Blog

JULY 8, 2021

After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning. Through her affinity for math and her attention to detail, Amanda earned a couple of promotions and is now a senior demand planner.

Demand Planning 40

Demand Planning Demand Supply Chain Optimization Agile and Lean Supply Chain 40

The Network Effect

DECEMBER 5, 2014

Prior to today’s advanced capabilities around Demand Driven Value Networks, the prevailing strategy was to implement Collaborative Planning, Forecasting, and Replenishment (CPFR). The KanBan binning technique is designed to provide discrete quantities the supplier must monitor and use to calculate required shipment quantities.

Supply Chain Optimization 70

Supply Chain Optimization Agile and Lean Supply Chain Demand Supply chain 70

SCMDOJO

NOVEMBER 2, 2023

Following are the services offered by Asif Iqbal: Contract Manufacturing Strategic Sourcing Asif Iqbal has also worked on client projects as a consultant for a network of blockchain platforms. Supplier management, contract management, and process optimization are just a few of the areas in which he excels. Connect Now!

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Supply Chain Game Changer

NOVEMBER 24, 2018

Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.” ” [link].

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92