IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic sourcing 87

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 87

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 106

Sourcing Strategy Supply Chain Efficiency e2e 106

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. Time-consuming invoice reconciliation (28%). Present the ROI.

Strategy 52

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

Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. 2% of managers apply best practice decision methods.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Supply Chain Game Changer

JANUARY 15, 2019

Thank you Bronwen for your friendship, your support of Supply Chain Game Changer, and taking the time to share your experiences and expertise with us. We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain.

Leadership 47

Leadership Supply Chain Efficiency Supply chain management Supply chain management 47

Supply Chain Game Changer

NOVEMBER 10, 2018

Because the pace of business has increased exponentially, and businesses must be able to respond to new market demands with agility and innovation. And buyers aren’t collaborating with suppliers merely as providers of materials and goods, but as strategic partners that can help create products that are competitive differentiators.

Collaboration 66

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

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19