IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive).

Retail Supply Chain 66

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 66

Procurement Tactics

JUNE 28, 2023

Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in. Delivery and Logistics The status of goods and services purchased, such as their delivery timelines, transportation times, or receipt is monitored. The key elements are typically: 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

OCTOBER 29, 2019

It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Government agencies have to facilitate transparency and openness while never losing sight of why that visibility is needed.

e2e 113

e2e Procurement Bidding Suppliers 113

Spend Matters

DECEMBER 21, 2023

We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Supply Chain Collaborator

MARCH 16, 2020

For some shippers it is collapsing demand and leaving unprecedented idle capacity. A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers is sending freight rates surging and forcing buyers to seek out space on smaller tankers after the largest ones have been booked out, shipping sources said.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Purchase approvals The process of approving purchases and moving them to the stage of fulfillment presents similar issues to those of requisitions.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Pipefy

DECEMBER 20, 2023

Strategic procurement prioritizes planning and strategizing for long-term benefits across the entire procurement process and alignment with business goals, while operational procurement focuses on purchasing and sourcing services strictly for maintaining day-to-day operations. Why is strategic procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Supply Chain Game Changer

MARCH 16, 2021

Actual channel demand would in turn trigger subsequent replenishment orders. With a new vision in mind the CIO gathered a few members of his team and within a few days created a model for a new, smart supply-demand ecosystem. In short he designed software to be installed in the coffee maker that the actual end consumer uses.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Arkestro

JUNE 6, 2023

Here are just a few of the metrics CFOs look at when examining procurement process efficiency: Cost of Purchase Order: What are the internal costs associated with each purchase? Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 9, 2021

Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions. Rubber Supply and Demand. They expect that when they want tires, for instance, tires will appear on demand. Conclusion.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Spend Matters

SEPTEMBER 14, 2023

Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities? What we do know is that supply chains often account for more than 90% of a company’s environmental footprint, and SAP can help provide visibility into the data across this value chain. Yes, there has undoubtedly been a shift.

Procurement 102

Procurement Supply Chain Efficiency Category management e2e 102

The Good Spending

APRIL 30, 2023

It provides a holistic approach to managing contracts and ensures visibility, control, and compliance at every stage. It's a matter of end-to-end process integrity to implement CLM alongside e-sourcing and P2P and trace the expenditures from the point of origin (request) to the actual purchase order and payment.

Contract 52

Contract Management e2e Negotiation 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Many companies have already automated their front-line transactional purchasing activities. The HBR article talks about how more companies are automating functions like demand forecasting, which has long been seen as more of an “art” than an exact science. And they were. Conclusion.

Supply chain management 86

Supply chain management Supply chain management Supply Chain Optimization Supply chain 86

Spend Matters

OCTOBER 4, 2023

The power of supplier diversity in procurement: Driving business success through inclusion — Whether they are carrying out their own CSR strategy or responding to third-party initiatives and demands, businesses have their role to play in encouraging greater diversity among their suppliers.

Procurement 89

Procurement e2e Contract Sourcing 89

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Much of the training is in specific skills (eg.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Spend Matters

AUGUST 31, 2023

The demands of the business aren’t changing anytime soon and, based on trends, likely neither are the size of teams. These adjustments come in the form of license rightsizing, app consolidation at renewal and decisions about which new apps should be purchased. How is this problem solved?

Data 99

Data Vendor management Procurement e2e 99

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. Get Visibility For All Stakeholders. However, Finance is now Fintech and Marketing is now Digital Marketing.

supply chain software solutions 111

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 111

Arkestro

DECEMBER 12, 2022

But those in the health and pharmaceutical industries deal with particularly demanding circumstances. For example, the peaks in demand during the pandemic exposed many organizations to delays, resulting in shortages of critical materials like PPE and ventilators. Supply Chain Visibility.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Zycus Cognitive Procurement

NOVEMBER 29, 2022

Delaying non-essential and indirect purchases at the granular level like office supplies, laptop upgrades etc. Instead, redeployment can help organizations shift talent from low-demand or low-volume work to high-demand areas of the business. You may provide better demand visibility to the vendor partner.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

Supply Chain Optimization 91

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 91

HICX

DECEMBER 1, 2022

As Anthony Payne , CMO, HICX, explains, by reducing or removing this friction, “You’ll have greater control and visibility through massively improved data, and you’ll position yourself to be customer-of-choice for the largest possible number of your suppliers.”?. How to remove friction through measurement and feedback?

Suppliers 52

Suppliers e2e Import Demand 52

HICX

FEBRUARY 15, 2024

Shift to customer-centricity Awareness of the end consumers’ ESG and environmental expectations signifies a shift towards supply chains becoming increasingly customer-centric throughout. This empowers organizations to identify kinks in the supply chain, forecast and meet demand and predict potential disruptions before they occur.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 52

Supply Chain Game Changer

APRIL 21, 2020

So much time is spent in data entry, spreadsheet creation and manipulation, chart creation, purchase order changes, labelling, reporting and more that is wasteful. You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you. There are no cashiers.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

Supply Chain Opz

MARCH 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. Skill gaps will continue to be a challenge for companies.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. But it’s not just about understanding risk. You can think of this phase as supplier discovery.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. But it’s not just about understanding risk. You can think of this phase as supplier discovery.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

The Procuretech Podcast

MAY 24, 2022

Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? Understanding the value of pre-emptive end-to-end supply chain management. Visibility is lacking, all round and this needs to change. Tobias agrees.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

IBM Supply Chain Blog

FEBRUARY 14, 2024

There’s no need to make customers wait for the answers to frequently asked questions (FAQs) or to take the next step to purchase. For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions.

Real-time Visibility 90

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 90

Finale Inventory

JUNE 29, 2022

Manufacturing interruptions, delivery issues and changes in demand are some of the potential causes that are difficult to predict. Inaccurate Demand Forecasting. It is important for businesses to have a system that predicts the demand they will experience over a certain period of time based on data and trends.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Pipefy

JANUARY 11, 2023

A shift in business demands and the role of procurement. Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. Complex purchasing systems (31%). Complex approval processes (29%).

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 19, 2018

The Supply Chain team must always meet the demands and pressures that the organization demands. The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Supply Chain Game Changer

SEPTEMBER 17, 2019

First, consider that a digital supply chain enables complete, end-to-end connectivity and visibility : You can monitor and understand, in real time, what’s happening anywhere within that supply chain and make real-time decisions to create the outcomes that you desire. You would measure lead time in days or even weeks.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. People think of Procurement (inclusive of Purchasing) as the group that will find suppliers (often with the sole objective of cutting costs), negotiate deals, place purchase orders, and deal with supplier issues.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Zycus Cognitive Procurement

FEBRUARY 14, 2022

However, transforming AP is not an easy process due to the function’s existing limitations, including high processing costs, inefficiencies, lack of end-to-end visibility, and data storage and integration problems. There is a lack of visibility of cash flow in your processes.

e2e 40

e2e Suppliers Data Purchase orders 40

Jaggaer

OCTOBER 22, 2020

Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions. José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. “For

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52