IBM Supply Chain Blog

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

SCMDOJO

APRIL 24, 2024

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. Or at least that’s what we think. billion by 2026.

Supply Chain Efficiency 57

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

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

Procurement Tactics

DECEMBER 7, 2022

The buyer can also source capital from banks or other financial providers at a lower cost or interest. . The purpose of financial supply chain management is to achieve and maintain visibility into all of the processes. . When this happens, it results in more visibility throughout the physical supply chain. How Does it Work?

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Supply Chain Optimization 40

Supply Chain Optimization e2e Inventory Real-time Visibility 40

SCMDOJO

JANUARY 18, 2024

In the supply chain, order management and inventory management play significant roles in rapid growth. It has three major parts: Inception of order; Order readiness (sorting, collecting, packing, and dispatch); Inventory administration. Centralized data management helps in managing inventory and effective order tracking.

Supply Chain Optimization 74

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Real-time Visibility 74

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. It helps clients conduct supply chain due diligence and meet emerging compliance obligations related to modern slavery, climate change, and sustainable sourcing. The platform assists you in finding available parts.

Real-time Visibility 52

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

Pipefy

FEBRUARY 13, 2023

Procurement is the process businesses use to source and obtain goods/services from external suppliers to achieve strategic objectives and fulfill business needs or purchase requests. The main concern of procurement, however, is sourcing and buying through contracts for external goods that are most often intact and ready to install or use.

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Supply Chain Game Changer

OCTOBER 6, 2020

Awareness of Strategic National Stockpiles , as they pertain to medical supplies, exposed the inadequacy of the planning, processes and inventories that should have been designed to withstand this pandemic. There were calls to domestically source materials, or to establish Parallel Supply Chains. Strategic Inventory Positioning.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

Supply Chain Game Changer

NOVEMBER 16, 2021

Supply Chain and it’s importance is more visible than at any time in history. Supply Chain must develop the leadership skills to really manage global Digital Supply Chains with real time visibility , based on the end-to-end global electronic connectivity of every aspect of their Supply Chains.

Supply chain 89

Supply chain Real-time Visibility e2e Supply 89

Supply Chain Game Changer

APRIL 12, 2022

By definition, Supply Chain is responsible for the continuity of supply and inventory of goods and services. If supply lines are disrupted, or if inventory runs out, Supply Chain is on the hook to restore supply. The fear of running out can result in excess and obsolete inventories which can create an entirely new set of problems.

Supply chain 111

Supply chain Supply Inventory Real-time Visibility 111

Supply Chain Game Changer

SEPTEMBER 17, 2020

WES functions include supply chain controls to improve performance, including light task management, wave management, limited inventory management, and some picking. The yard management system (YMS) is a useful tool for managing trailers, drivers, and stored inventory in the yard. Yard Management System. Dock Scheduling System.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

Supply Chain Opz

JANUARY 17, 2017

Building the organizational capability which orchestrates a multitude of activities that manage inventory, cost, and service is a challenging goal – one that requires strong alignment between Strategy & Governance, Operational Excellence, as well as the organization’s people, processes and systems.

e2e 40

e2e Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 40

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Take out too much inventory, and you add risk. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision.

Supply chain resilience 52

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

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

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. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company. Supply Chain.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Procurement Software

MAY 16, 2023

Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. Onventis also provides a comprehensive suite of source-to-contract, contact management and spend analytics features in addition to their Procure-to-Pay module.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Supply Chain Game Changer

MARCH 16, 2021

I/T was going to be a source of competitive differentiation. Because we had visibility as to demand, and inventory, at a consumer level, we could completely circumvent and simplify the entire distribution channel network. Real time visibility of the entire Supply Chain could be available to anyone anywhere at any time.

supply chain software solutions 100

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

Supply Chain Game Changer

NOVEMBER 26, 2018

Every research firm and vendor has their own definition, but all share the common theme of visibility. A supply chain control tower system is an attempt to make the outside supply chain environment visible to the enterprise, with “end-to-end” visibility being the Holy Grail.

Supply Chain Efficiency 53

Supply Chain Efficiency Real-time Visibility supply chain budgeting Supply Chain Optimization 53

IBM Supply Chain Blog

NOVEMBER 3, 2022

When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 117

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 117

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. Sourcing tools can help organizations choose vendors that deliver greater long-term value.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Supply Chain Game Changer

MARCH 11, 2021

Maintaining an E2E chain of custody is almost impossible. Achieving the end game of ‘customer delight’ requires visibility and control over each touch point until the product is in the customers hands – not to mention returns handling. Omnichannel solutions require more integrations.

e2e 61

e2e Supply Chain Optimization Inventory Supply chain 61

SCMDOJO

OCTOBER 14, 2023

It has made visible changes in the SCM systems. This empowers all partners to follow the excursion of items from the source to the end client progressively, upgrading responsibility and lessening the gamble of misrepresentation or fake products. This new era is expected to explore new horizons in supply chain management.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Supply Chain Game Changer

JULY 27, 2021

Single sourcing, just in time inventory management, lean processes, outsourcing, lack of electronic connectivity, and low cost geographic sourcing have been core elements of most Supply Chains as planned and in practice. Source: www2.deloitte.com. deloitte.com. That is not a task for the faint of heart. control towers).

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

Procurement Software

JULY 4, 2023

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. Blockchain can be used across various industries, including both finance and end-to-end supply chain management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 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. Imagine automated oversight of Strategic National Stockpiles with respect to market demand, inventory aging, and replenishment lead times.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

supply chain software solutions 82

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 82

Supply Chain Game Changer

APRIL 29, 2021

Now there are increasingly competitive and political pressures to bolster their domestic production, resume hiring, and minimize or eliminate their reliance on external sources that are perceived as risky. The impending changes include connected, end-to-end, value chains, and more intelligent, automated, and autonomous distribution systems.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Jaggaer

NOVEMBER 20, 2018

To pull off Thanksgiving successfully, you need to rely on many people, hope the stores have plenty of inventory and trust your guests will arrive on time bringing their promised meal items. There’s: Analysis —Consideration and inventory of supplies. Devising a budget and planning out logistics, headcount, sourcing, and estimating.

e2e 58

e2e Budget Inventory Procurement strategies 58

Supply Chain Game Changer

MAY 4, 2021

When demand falls short of forecast you are left with too much inventory, excess capacity, under-utilized resources, and profit and cash flow pressures. For instance if you have established just-in-time processes, infrastructure, and inventories, any component that you need are available instantly.

Strategy 92

Strategy Real-time Visibility Agile and Lean Supply Chain Supply chain 92

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Supply Chain Game Changer

MARCH 3, 2020

By extension with fewer goods coming in from suppliers inventory levels will be drying up. The exposure to inventory disruption is certainly a function of the length of the inventory pipeline for any company. There must be a highly visible and supportive call to action pronounced by your C-Level Executives.

Supply chain 96

Supply chain Supply Inventory e2e 96

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Supply Chain Game Changer

MAY 17, 2022

Late deliveries, supplier quality problems, equipment downtime, resource shortages, defective materials, missing inventory, manufacturing capacity and quality issues, demand fluctuations, natural or man made disasters, and more all have the impact of stopping production and shipments.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

Supply Chain Game Changer

NOVEMBER 13, 2018

Proactive, Real Time Visibility. You should have end to end real time visibility to your entire Supply Chain. Even if this visibility is not automated you need communication channels established. End To End Supply Chain Mapping. Inventory Positioning. Continuity of Supply Restoration.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain e2e Real-time Visibility 52

Supply Chain Game Changer

AUGUST 10, 2021

The backbone of the Digital Supply Chain of the future is end to end electronic connectivity and real time visibility as to the movement of goods. As everyone is emerging from the pandemic this is also driving increasing demand for goods, given that lockdowns and closures depleted inventories. Types of Pallets.

Price 98

Price Supply Chain Efficiency Supply chain Supply 98

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. When executed properly, this invitation will cascade its way down the supply chain until it’s reached the source.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52