IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability.

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Procurement strategies Strategy Procurement Supply Chain Efficiency 68

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management. And the maximum value can be extracted from these new tools through strategic integration.

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Procurement solutions Procurement e2e Real-time Visibility 79

Let's Talk Supply Chain

JULY 9, 2023

Today I’m joined by SEKO – a friend of the show and a supply chain household name that was founded nearly 50 years ago, and has gone on to open 120 offices in 40 countries across the world. SEKO provide complete supply chain solutions, specializing in transportation, logistics, forwarding and warehousing.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. However, the successful execution of a strategic procurement process can streamline and even simplify decisions for operational purchases required for businesses. What is strategic procurement?

Supply Chain Efficiency 52

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

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities? Here are a few of the top concerns we’re hearing.

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Procurement Supply Chain Efficiency Category management e2e 97

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

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Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog.

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

World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Solvoyo

OCTOBER 11, 2018

Throughout my career, when supply chain transformation was demanded by leadership, this quote from The Jerk often came to mind, always accompanied with a smile. Extending the supply chain to the shopper’s hand. Why is supply chain digital transformation urgent? More on that in a minute. Crisco in the can!

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain e2e Real-time Visibility 40

Supply Chain Game Changer

MARCH 28, 2020

Subscribe to Supply Chain Game Changer. The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain.

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . Complex purchasing systems (31%). Complex approval processes (29%).

Strategy 52

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

Supply Chain Trend

NOVEMBER 16, 2016

The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. 64% think there is not enough coordinated innovation in S&OP processes. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders.

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supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Empowering CPO

JULY 2, 2023

The procurement process, which involves sourcing and purchasing goods and services, plays a vital role in ensuring businesses operate efficiently and competitively. Our vision is to empower businesses through strategic, innovative, and efficient procurement solutions, tailored to meet the unique needs of each client.

Risk management 40

Risk management Risk Suppliers Management 40

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

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Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 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. See what’s ahead AI can assist with forecasting.

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Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 85

Supply Chain Game Changer

APRIL 23, 2019

Subscribe to Supply Chain Game Changer. The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain. Subscribe Here! Email Address.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 81

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 81

Jaggaer

OCTOBER 8, 2019

As we noted in the report, the digital transformation of procurement involves many processes working in tandem rather than sequentially; data integration would also allow analytics applications to exploit data from one area of the value chain to improve performance and efficiency in another. 4) The “Day of Digitalization”.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

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

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the. Supply chain optimisation.

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Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

NOVEMBER 16, 2018

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. Within this environment, the Procurement has to remain focused on maximising financial results associated with the supply and use of goods and services.

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Procurement Procurement team Supply Chain Efficiency Purchasing 69

SCMDOJO

NOVEMBER 24, 2023

Additionally, when you need to oversee a considerable number of Stock Keeping Units (SKUs), it is like a nightmare without an efficient tool. This article will walk you through the basic understanding of the warehouse management system (WMS), its features, how and where it fits with the supply chain, and different WMS systems.

Supply Chain Efficiency 66

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 66

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Pipefy

JANUARY 30, 2024

That’s where procurement, sourcing, and purchasing technology comes in. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. P2P software can automate workflows and activities such as: Purchase request intake and review. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

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. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

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

Planergy

SEPTEMBER 12, 2023

How to gain visibility and control of your indirect spend. Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Procurement Software

MARCH 5, 2024

These modules can be purchased separately or as one complete suite. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

FEBRUARY 20, 2024

Despite a slowdown in funding and a cautious economic outlook, there’s plenty of innovation in this space. Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

IBM Supply Chain Blog

APRIL 4, 2024

BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. Document-centric BPM is for efficiently managing documents and content—such as contracts—within processes. BPM is often confused with other seemingly similar initiatives.

Real-time Visibility 57

Real-time Visibility Management e2e Supply Chain Efficiency 57

Procurement Software

FEBRUARY 6, 2024

Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. Their pricing is transparent and you can also use a free version to store limited contracts with just one user. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Pipefy

JULY 31, 2023

One way companies can become more agile and remain competitive despite economic uncertainties is end-to-end business process automation. While these processes don’t generate revenue, optimizing and automating them can reduce operational costs and improve process efficiency — both of which lead to long-term business benefits.

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supply chain software solutions e2e Agile and Lean Supply Chain Real-time Visibility 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness. Introduction A.

Procurement 52

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

Supply Chain Game Changer

NOVEMBER 19, 2018

The application of blockchain in the supply chain is among the greatest innovations to take root in the shipping industry. The application of blockchain holds promises to increase visibility, renew viability, reduce inconsistency, increase payment processing accuracy, and eliminate compliance problems. Infographic).

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Supply Chain Efficiency Supply chain Real-time Visibility e2e 54

ivalua

SEPTEMBER 24, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation. AP teams need to embrace digital data and think end-to-end. What is Invoice-to-Pay?

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