IBM Supply Chain Blog
FEBRUARY 28, 2024
They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.
IBM Supply Chain Blog
FEBRUARY 19, 2024
It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
IBM Supply Chain Blog
DECEMBER 13, 2023
It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. A procurement strategy is a structured plan that an organization develops to guide its purchasing process in a way that aligns with its business needs. Be flexible.
SCMDOJO
APRIL 24, 2024
The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. What’s more, blockchain’s ability to track products from source to consumer empowers businesses to execute sustainable and ethical practices across their supply chains.
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. We're going to see more legislation around not only locality, but ethics and sustainability too.
Jaggaer
OCTOBER 22, 2020
Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions. Having visibility over spend data has provided a basis for achieving savings. Youness Taghrichte, Head of Procurement, Attjariwafa Bank.
Expert insights. Personalized for you.
102 
Let's personalize your content