IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

Strategic sourcing 81

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 81

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. This supports strategic sourcing efforts. AI-driven spend analytics provide the foundation for data-based decision making in procurement.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Tactics

JUNE 28, 2023

Budget and Cost Control Procurement expenditures, monitoring variations in the cost and identifying opportunities for savings, and avoiding unnecessary costs shall be monitored in accordance with the approved budget.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Empowering CPO

JUNE 25, 2023

Manual, paper-based processes gave way to computerized systems, leading to the first generation of electronic procurement (e-procurement) systems in the late 20th century. These systems streamlined the procurement process, improving efficiency and reducing costs.

Procurement 52

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

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Pipefy

JANUARY 5, 2023

Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone. Fortunately for procurement teams, the shift from manual to digital procurement has never been easier or more cost-effective.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52