IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

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Sourcing Strategy Supply Chain Efficiency e2e 106

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 89

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 89

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Effective contract management provides numerous benefits for companies across industries.

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Contract management Contract Management e2e 52

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

Risk management 71

Risk management Supply Chain Optimization Risk Supply chain 71

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. Customers receive orders on-time without backlogs. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

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

IBM Supply Chain Blog

DECEMBER 8, 2023

Time and again, we see IT teams struggle to deal with seasonal spikes in demand and outages. It’s an outdated and impractical practice for modern eCommerce and ultimately makes you less competitive over time. Plus, you run the risk of accumulating technical debt.

e2e 120

e2e Real-time Visibility Management Data 120

IBM Supply Chain Blog

AUGUST 1, 2023

In this day and age, it’s critical that organizations know about and manage all apps installed on their endpoints. Using multiple platforms to discover apps and manage laptops and mobile devices negatively impacts the IT and security team’s efficiency and productivity in continuous application patching.

Risk 60

Risk Management Real-time Visibility e2e 60

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? Otherwise, you risk stockouts and overselling merchandise, which can frustrate customers and cause damage to your brand’s reputation.

Inventory 52

Inventory Management Real-time Visibility e2e 52

IBM Supply Chain Blog

JUNE 30, 2023

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 67

Procurement Software

MAY 14, 2024

Intake and procurement process orchestration is all about managing stakeholders as they navigate through the procurement process. By embracing a strategic approach to procurement, you can streamline operations, mitigate risks, and foster stronger supplier relationships. What is procurement intake?

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost. Not only that, it also offers a single source of truth, having all of your contract documents and contract management data in one place.

Contract management 52

Contract management Contract e2e Management 52

Supply Chain Game Changer

JANUARY 14, 2020

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

NOVEMBER 13, 2018

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

Real-time Visibility 72

Real-time Visibility e2e Supply Chain Efficiency Supply chain 72

SCMDOJO

APRIL 24, 2024

Ignoring industry trends poses the risk of being left behind by more agile competitors. AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise. Whether it will be worth it, only time will tell. Let’s see the most common trends in 2024.

Supply Chain Efficiency 58

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

World of Procurement blog

MAY 10, 2024

Monitoring supplier relationships : AI can track supplier performance metrics, analyze contract terms for risks, and identify opportunities to improve supplier relationships. Enhancing contract management : Natural language processing enables AI to extract key data from contracts. This maximizes value from sourcing partnerships.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

What’s needed is a solution that not only safeguards the performance of your mission-critical applications, but also goes above and beyond through reduced cost, time efficiency and monetary savings. This aspect is crucial for app performance optimization, as it provides real-time insights through high-fidelity data.

Real-time Visibility 73

Real-time Visibility e2e Demand Data 73

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 66

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 66

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

Real-time Visibility 52

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

IBM Supply Chain Blog

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. With greater tracking and traceability, for example, comes real-time demand insight.

Supply Chain Efficiency 116

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 116

ivalua

MAY 19, 2022

By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

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Supply Chain Efficiency Real-time Visibility e2e Buyers 130

HICX

FEBRUARY 15, 2024

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. While increasingly companies are turning their attention towards and using AI, arguably it has yet to be used to its full potential.

Supply chain management 52

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

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Contract and compliance management.

Agile and Lean Supply Chain 52

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

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. Many thanks to GEP, and you can read our in-depth analysis of GEP here.

Procurement solutions 82

Procurement solutions Procurement e2e Real-time Visibility 82

IBM Supply Chain Blog

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility.

Strategic sourcing 87

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 87

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Control Towers – Is Yours Real or Just Smoke and Mirrors? The concept of the “control tower” is increasingly becoming widespread in Supply Chain Management, and Control Tower technologies are a popular topic right within the supply chain community. So, control towers are an attempt to combat it with visibility.

Supply Chain Efficiency 53

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

Pipefy

JANUARY 5, 2024

Let’s examine the transformative potential of historical and real-time process tracking on businesses, along with their ability to empower those businesses to make better-informed decisions. Document processes from end to end (often time stamping each process phase). What is process tracking? Increase productivity.

Real-time Visibility 52

Real-time Visibility e2e Data Leadership 52

Supply Chain Game Changer

NOVEMBER 16, 2021

It’s a good time to reflect on recent global events and what this should mean for the future. Despite the cataclysmic disruption caused by the pandemic, inertia will prevent real and sustainable progress from being made. And having the courage to implement these changes will be the real test of leadership.

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Supply chain Real-time Visibility e2e Supply 89

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Pipefy

FEBRUARY 3, 2023

But while there are key insights that procurement and accounts payable teams can draw from invoices, the invoice processing activities can be tedious, time-consuming, and costly — especially processed manually across siloed systems, disparate legacy solutions, and disconnected processes.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

ivalua

JUNE 11, 2019

For the longest time, leading Procurement technology providers in my experience just ignored this space. The goal being to build in best practices that we’ve seen across our Public Sector customers, so that they are able to deploy and get up and running faster, thereby drastically reducing time-to-value.

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Procurement Real-time Visibility e2e Competitive bidding 169

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. The management team defines the organization’s long-term goals and objectives.

supply chain software solutions 84

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 84

Una

AUGUST 30, 2022

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). As Deloitte points out, this shifts the whole approach of SRM from damage control to proactive risk mitigation.

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Procurement e2e Supplier relationship management Real-time Visibility 98

Supply Chain Game Changer

SEPTEMBER 14, 2022

Managing many security tools presents difficulties. Consolidating security technologies is made easier with CNAPP, which also increases visibility into organizational operations and allows for more command over security and compliance issues in the cloud. Better Integration and Earlier Detection Attributed to Raised Visibility.

Real-time Visibility 94

Real-time Visibility Supply Chain Efficiency e2e Risk 94

SCMDOJO

OCTOBER 14, 2023

Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. What is a supply chain management system (SCM)? It comprises all elements from the origin (the raw material) to the consumption networks (end users). It has made visible changes in the SCM systems.

Supply Chain Efficiency 89

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 89

Pipefy

MARCH 28, 2024

At businesses, both tech stacks and cybersecurity risks are quickly growing on both a local and global level. Process orchestration is a process management method that empowers businesses to seamlessly interweave many automated processes, people, and software for increased productivity, time and cost savings, and security.

Real-time Visibility 52

Real-time Visibility e2e Collaboration Data 52

Supply Chain Game Changer

JULY 27, 2021

According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. Stuff happens, and it happens all the time. Think about how many times you’ve been asked to review a Disaster Recovery plan.

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