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 62

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 62

Spend Matters

DECEMBER 21, 2023

Additional areas where the AI delivers value include contract lifecycle management, procure-to-pay processes of purchase requisitions, invoice processing/reconciliation and payment automation. More accurate forecasts allow for better planning, inventory management and mitigation of various supply chain risks proactively.

Procurement solutions 84

Procurement solutions Procurement e2e Real-time Visibility 84

Supply Chain Game Changer

OCTOBER 1, 2019

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. Visibility to where goods were was largely limited to updates that came over the phone.

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

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 89

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

Supply Chain Game Changer

MARCH 16, 2021

Because we had visibility as to demand, and inventory, at a consumer level, we could completely circumvent and simplify the entire distribution channel network. Instead of replenishing supply into numerous channels before the product could be purchased by the end consumer we could fulfill orders directly to the end consumer.

supply chain software solutions 100

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

Finale Inventory

JUNE 29, 2022

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. There are several scenarios that can cause an inventory surplus: 1. Poor Inventory Management. What Is a Surplus? Inaccurate Demand Forecasting.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Supply Chain Game Changer

APRIL 21, 2020

You reduce cost, you eliminate opportunities for error, you reduce time, you reduce inventories, and you strengthen your Supply Chain’s ability to operate in the face of any disastrous situation. 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.

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. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures. End to End Supply Chain Visibility and the Internet of Things (IoT).

Agile and Lean Supply Chain 84

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

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 can encompass a range of areas of the supply chain, including supplier reliability, warehouse space and information related to inventory.

Supply chain management 52

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

IBM Supply Chain Blog

SEPTEMBER 27, 2021

This year, rather than offering big discounts or slashing prices, consider promotions that encourage loyalty (after all, repeat customers are your best customers), offer bundles (combining two or more items), and consider high-value, low-cost freebies with purchase. Prepare for more in-person shopping. trillion dollars in 2022. IBM Sterling.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Inventory 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

Supply Chain Game Changer

NOVEMBER 14, 2018

Many companies have already automated their front-line transactional purchasing activities. In the authors’ words, “within 5-10 years, the supply chain function may be obsolete, replaced by a smoothly running, self-regulating utility that optimally manages end-to-end workflows and requires very little human intervention.”.

Supply chain management 86

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

Finale Inventory

FEBRUARY 27, 2024

But as you get your listings ready for expansion, have you thought about how these avenues for growth also introduce complexity for your ecommerce operations – especially with inventory management? To prevent mistakes, you need to stay vigilant and proactive – and you need a robust toolset to support a systematic inventory approach.

Inventory 52

Inventory Management Real-time Visibility e2e 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. Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time?

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

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. 4) It allows you to build stronger, more authentic relationships with customers.

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. 4) It allows you to build stronger, more authentic relationships with customers.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

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 109

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 109

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. EazyStock – Inventory Optimization Software. The system makes forecasting and inventory planning easy. This app is available on Mac, iPad, and iPhone.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting supply chain software solutions Supply Chain Efficiency 78

Pipefy

JANUARY 11, 2023

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%). An abundance of manual work and rapidly changing processes. Complex approval processes (29%).

Strategy 52

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

Supply Chain Game Changer

SEPTEMBER 17, 2019

Today’s supply chain really touches every aspect of running a business—from strategic planning , to logistics and inventory , to sales and store operations. This level of visibility also provides unprecedented responsiveness to changes in customer demand.

Agile and Lean Supply Chain 59

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

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Subscribe Here! Email Address. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Solvoyo

OCTOBER 11, 2018

Our future CEO AG Lafley later refocused P&G on that mantra, we had to win at the First Moment of Truth, when a shopper is in the aisle, or on-line making their purchase decision. Supply Chains must be synchronized to POS demand to systemically reduce inventory! It was a great vantage point, from the shoppers point of view.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain e2e Real-time Visibility 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. function.Focused purely on moving purchase transactions though the. purchase transactions made are repeated, either with exactly the same. Introduction Procurement is a complex.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

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

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. The Procurement team need only to be able to monitor and report as needed on the flow of purchasing transactions. Introduction. Step 1 Remove the noise.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Procurement Software

JULY 25, 2023

Plus, we can also perform the entire end-to-end research, due diligence and hold your hand during the sourcing process for your procurement software. It could be either a lack of master data maintenance, or your spend data being unintelligible as a result of free text purchase orders.

Procurement 52

Procurement Budget Data Suppliers 52

IBM Supply Chain Blog

JUNE 30, 2023

3 steps to building healthcare supply chain resiliency Step 1: Improve visibility and proactivity Hospital systems work with multiple fragmented teams, technologies and processes to manage daily operations, leading to a pervasive lack of data visibility. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 81

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

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 76

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 76

Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. Kissflow Kissflow Procurement Cloud is a cloud-based procurement software that offers a wide range of modules to streamline purchasing processes.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

SCMDOJO

APRIL 24, 2024

As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024. And considering Amazon’s success, it’s safe to say the model works.

Supply Chain Efficiency 57

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 57

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. They may even take over the provisioning of an entire end-to-end solution.

Collaboration 66

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

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52