SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

Supply Chain Visibility 74

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 74

IBM Supply Chain Blog

MAY 17, 2024

Generative AI activates predictive analytics and forecasting, enabling businesses to anticipate and respond to changes in demand, reducing stockouts and overstocking, and improving supply chain resilience. This content includes product descriptions, images, videos and even interactive experiences.

Supply Chain Efficiency 58

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 58

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Roach believes that when it comes to ESG, there’s no time like the present.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Arkestro

DECEMBER 12, 2022

But those in the health and pharmaceutical industries deal with particularly demanding circumstances. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Supply Chain Visibility.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

NOVEMBER 2, 2022

You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. Supply chain management is the backbone of manufacturing. But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains.

Risk management 96

Risk management supply chain software solutions Risk Management 96

World of Procurement blog

MAY 8, 2024

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Common procurement metrics include spend under management, savings targets, supplier lead time reduction, procurement process efficiency gains, sustainability metrics and more.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

Real-time Visibility 40

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

SCMDOJO

JULY 7, 2023

These challenges highlight the demanding nature of the EV manufacturing landscape and the need for innovative strategies to overcome obstacles. During the manufacturing process, Rivian encountered specific challenges, including design flaws and last-minute changes that impacted its supply chain and production efficiency. “But

Supply Chain Efficiency 100

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 100

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

Real-time Visibility 85

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 85

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. Why is supply chain resiliency important?

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Trend

AUGUST 13, 2020

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Automation versus Augmentation. IBP ENVIRONMENT.

supply chain software solutions 147

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

IBM Supply Chain Blog

JUNE 30, 2023

The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Supply expenses escalate due to over-ordering, waste and emergency orders. Supply expenses escalate due to over-ordering, waste and emergency orders.

Supply Chain Efficiency 85

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 85

EazyStock

FEBRUARY 13, 2019

At what point does long delivery time become a deal-breaker for you? Amazon, arguably the most prolific user of distributed inventory, has found that customers placing orders with three- to five-day delivery are disappointed if the package does not arrive within a couple of days. Supply Chain Resiliency and Risk Management.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

World of Procurement blog

MAY 8, 2024

The ultimate goal of SCM is to reduce costs while satisfying customer demands. Customers receive orders on-time without backlogs. Effective SCM gives businesses an edge over the competition by being more responsive to demand changes and disruptions. It makes them more resilient and agile.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets.

Supply Chain Efficiency 91

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

ivalua

FEBRUARY 25, 2021

ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Empowering CPO

MAY 8, 2023

Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain. Types of Procurement Risks Supply Risks – Supply risks involve factors that can disrupt the availability, quality, or timely delivery of goods and services.

Risk management 52

Risk management Risk Procurement strategies Strategy 52