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. But perhaps most relevant today are the capabilities within SCM to help mitigate disruption.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

Supply Chain Game Changer

JULY 21, 2021

It can tell you whether or not raw materials and/or goods are arriving at their scheduled time and whether or not the correct amount arrives. Procurement Cost. Procurement is incredibly important for a company since it helps them to make key purchasing decisions that directly affect a company’s bottom line.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Zycus Cognitive Procurement

MAY 31, 2022

For procurement officers, this can be a particularly daunting task. There are several things to take into account when procuring for a new product, from ensuring you have the correct supplies to planning for potential delays. The root cause of the problem is the failure to forecast demand accurately.

Procurement 40

Procurement Raw materials Price Demand 40

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. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). 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 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. Do you want your Supply Chain to be fast, cheap, or flexible?

Supply Chain Efficiency 72

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 72

Supply Chain Game Changer

JUNE 11, 2019

. “Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. ” This definition gives a great overview.

Agile and Lean Supply Chain 105

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

SCMDOJO

JANUARY 26, 2024

A: The job of supply chain involves coordinating and optimizing the end-to-end process of product or service delivery, from raw materials to the end consumer. A: Yes, a career in supply chain can be good, offering diverse opportunities and playing a crucial role in business operations. Q: What is the job of supply chain?

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

Real-time Visibility 40

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

Planergy

JULY 18, 2023

One of the most important aspects of procurement is understanding and utilizing working capital in the best way possible to ensure you are making the most of your resources. Short-term investments the company plans to sell within 12 months. If your working capital isn’t where it should be, there are steps you can take to improve it.

Import 52

Import supply chain budgeting Inventory Budget 52

Supply Chain Brain

MAY 7, 2018

Among its greatest strengths is the ability to monitor variations in raw-material costs, driven by economic cycles, changes in supplier stability, and tax policies, to name but a few relevant factors. In its current stage of development, A.I. serves as a “co-worker” that augments human decision-making, he says.

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Supply chain management 69

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 69

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

Supply Chain Game Changer

FEBRUARY 8, 2022

I recently saw the headline for an article which said that Supply Chains are NOT broken, but rather it is just a demand planning issue. Commodity and raw material shortages of every kind have delayed the manufacturing and distribution of goods across most industries, driving up prices in the process.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. Raw Material Management.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Empowering CPO

JUNE 20, 2023

Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency, and monitoring compliance. Spend analysis plays a vital role in procurement and strategic sourcing. Examples Raw materials, manufacturing equipment.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Procurement strategies 40