IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. 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. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

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. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

TYA Suite

MAY 23, 2025

Stronger risk management and supply chain resilience Effective collaboration provides greater visibility into potential risks, such as raw material shortages or market disruptions. Risk management collaboration involves working together to identify and mitigate potential risks in the supply chain.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Jaggaer

APRIL 9, 2025

Key Challenges in Manufacturing Supply Chains and Solutions The world is currently going through an era of unprecedented challenges in supply chain management. To reduce risk and increase resilience, manufacturers are deploying risk management software and diversifying their suppliers.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Procurement Tactics

AUGUST 19, 2022

Risk management. This process involves evaluating potential risks that could negatively impact the organization. It includes features such as built-in mobility, workforce visibility, automation process, increased security, and advanced reporting. . Oracle HCM cloud.

Vendor management 130

Vendor management Management e2e Negotiation 130

Jaggaer

NOVEMBER 20, 2018

If you think about it, the strategy of planning for a Thanksgiving gathering is very similar to devising and executing a procurement strategy. Strategy —Goal setting and determining what a successful event look like and then modifying plans in order to improve the experience. The same is true in procurement.

e2e 58

e2e Budget Inventory Procurement strategies 58

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. 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.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

e2e 52

e2e Real-time Visibility Contract Procurement team 52

Procurement Software

MAY 14, 2024

Key Takeaways: Why we need Intake and Procurement Process Orchestration Streamlining of Procurement Process: Process orchestration simplifies the intricate procurement process by automating and integrating each step from intake to procurement, ensuring operational efficiency and strategic alignment with business objectives.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness.

Procurement 52

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

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Pipefy

JANUARY 5, 2023

These include the need for greater efficiency and the desire to build procurement processes with more structure and less fragmentation. Regardless of the reason behind the change, digital procurement delivers several key benefits to both procurement teams and the business as a whole. Accelerating integrated procurement.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. 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.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Claritum

AUGUST 4, 2020

The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Later in this article we will cover the areas that Procurement, with the noise removed, is now able to focus on. Address procurment strategy. impossible to strategize if day to day procurement transactions are.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Pipefy

MAY 23, 2023

It also provides visibility into your entire invoice workflow, from issuance to payment. Automating these tasks frees procurement teams to focus their working hours where they’re most needed. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Pipefy

MAY 9, 2023

Monitoring procurement KPIs is a vital part of keeping track of an organization’s overall health and the smaller endeavors that contribute to that. 22 KPIs every procurement team should track As procurement has evolved so has the work of procurement teams, and especially so in recent years.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Insights

APRIL 7, 2025

Single-Company Integration Metaprise : Seamlessly connects disparate ERP systems, supplier networks, and procurement tools across organizations. Breaks down data silos, enabling holistic visibility and collaboration. faster approvals, reduced errors) but does not fundamentally reshape procurements role in the business.

Real-time Visibility 52

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

Spend Matters

APRIL 2, 2025

Co-founders Rujul Zaparde (CEO) and Lu Cheng (CTO) then provided a company update, highlighting Zips momentum in Europe and signaling the next wave of product innovation, particularly around risk orchestration. See our risk management guide and ongoing TPRM coverage. ′ and become foundational to business value and agility.

e2e 103

e2e Risk management Risk Innovation 103