IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 91

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 91

Procurement Tactics

JUNE 8, 2023

Inventory management is a way for companies to figure out what and how much they should order, and when to do it. It keeps track of inventory from the time it is purchased until it is sold to customers. This helps companies ensure they always have enough stock to meet customer demands and warns them if they are running low.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Supply Chain Efficiency 75

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

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Both business strategy and specialized software are used in these endeavors to create a competitive advantage. Conclusion.

Supply chain management 72

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

Supply Chain Brain

JUNE 18, 2018

Stocking strategies must take into account both online orders and traditional customer traffic. Gorlin says the biggest issue surround direct shipment from store is the inconsistency of order-fulfillment time among various outlets. Certainly no more than the second.”

Demand 40

Demand Order Fulfillment Inventory Buyers 40