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?

supply chain budgeting 64

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 64

ivalua

JUNE 11, 2019

If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Defining your goals and objectives will help you create a roadmap for building your procurement function.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

World of Procurement blog

MAY 8, 2024

Contract management involves coordinating and negotiating agreements to establish business relationships, draft contract terms that protect the company, properly execute contracts, monitor performance, and mitigate risks. Lease agreements - Contracts for renting equipment, real estate, vehicles, etc.

Contract management 52

Contract management Contract Management e2e 52

ivalua

MAY 19, 2022

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

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

Pipefy

OCTOBER 25, 2023

Procurement has a direct impact on a company’s financial health. From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Arkestro

JUNE 6, 2023

Resources / Blog / What Does Finance Think of Procurement? What Does Finance Think of Procurement? Procurement and finance are two sides of the same coin. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets.

Supply Chain Efficiency 52

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

Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Managing risk. Managing costs.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. This technology can also help reduce the risk of regulatory non-compliance.

Strategic sourcing 81

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 81

SCMDOJO

MAY 7, 2024

However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience.

Supply Chain Visibility 76

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 76

ivalua

JULY 14, 2021

The largest identified gap between procurement and payment is the Accounts Payable (AP) process. The ability to create a touchless Procure-to-Pay process will reduce the opportunity for fraud. With two-factor authentication and embedded real-time change processing there are no payment files to edit.

Real-time Visibility 130

Real-time Visibility e2e Suppliers Purchase orders 130

HICX

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. Automate the simple As Sam explains, “We need to break our procurement teams free from the day-to-day tasks that burden them.”

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . What is procurement transformation?

Strategy 52

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

Pipefy

MARCH 28, 2024

AI boosts BPA platforms’ power, giving them the ability to search and analyze huge amounts of data in a very short time. Leaders get real-time numbers that alert them to upcoming trends and market shifts. This step often requires a map of every task within the organization for full visibility.

e2e 52

e2e Real-time Visibility Data Sourcing 52

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. When the pandemic winds down there is a very real danger that people will go back to doing, and viewing, things the way they were before the pandemic. Risk management is real. Much of the training is in specific skills (eg.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

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. But it’s not just about understanding risk. 3) It increases resilience to future risk or disruption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Real-time Visibility 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. But it’s not just about understanding risk. 3) It increases resilience to future risk or disruption.

Supply Chain Efficiency 52

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

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They can be businesses or individual consumers who expect their orders to be delivered in a timely manner and in good condition.

Contract 92

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 92

Supply Chain Game Changer

APRIL 29, 2021

Supply Chain Investment Challenges – Real and Imagined! Amid the thick covid-clouds, organizations are preparing to make their way back to regular business to maximize profitability and make up for the lost time. These major shifts will likely have various implications for the procurement process. electronics).

Supply Chain Optimization 135

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

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. These tools can provide real-time insights across the supply chain while predicting future trends, ensuring organizations can remain proactive.

Supply chain management 52

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

Pipefy

MAY 25, 2023

HR professionals are using digital transformations to phase out repetitive paperwork and increase face time with the employees who need them. Businesses that make the transition to digital tools to increase efficiency see huge benefits like: Visibility. With automated tasks, HR gets it right, every time. Time savings.

Real-time Visibility 52

Real-time Visibility e2e Data Leadership 52

IBM Supply Chain Blog

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. The IBM team is even using generative AI to create synthetic data to build more robust and trustworthy AI models and to stand in for real-world data protected by privacy and copyright laws.

Real-time Visibility 85

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 85

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. Shipment to customer. “C” Subscribe Here!

Supply Chain Visibility 103

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

Pipefy

JANUARY 31, 2023

These are typically recurring or regular expenses that do not pose risks to the business. This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process. Automatic approvals do not require human intervention.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Zycus Cognitive Procurement

NOVEMBER 29, 2022

In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. You may provide better demand visibility to the vendor partner.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. This kind of visibility opens up huge opportunities, not only by lowering risk but also by letting companies become more strategic. Email Address.

Supply chain management 86

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

Supply Chain Game Changer

SEPTEMBER 17, 2019

Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks. Mike Mortson.

Agile and Lean Supply Chain 59

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

Zycus Cognitive Procurement

JANUARY 20, 2023

The problem with traditional invoice processing is that it is time-consuming, prone to errors, and requires a significant amount of manual labor. This not only increases costs but also leads to delays in payment and a lack of visibility into the AP process. This can increase overall invoice processing time and costs.

Real-time Visibility 52

Real-time Visibility e2e Data Suppliers 52

EazyStock

JUNE 10, 2022

Calculating demand forecasts and replenishment parameters can also be very challenging and time-consuming without software. An inventory optimization app focuses on optimizing stock levels – reducing the risk of stock outs while ensuring you don’t over-invest and carry too much excess. Logistics tracking.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization supply chain software solutions Inventory 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

World of Procurement blog

MAY 20, 2024

Contract lifecycle management (CLM) software has become an invaluable tool for procurement teams looking to optimize their contracting processes. As procurement organizations deal with an increasing volume and complexity of contracts, they need solutions to effectively manage the entire contract lifecycle from request through closeout.

e2e 52

e2e Real-time Visibility Procurement Contract 52

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 78

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 78

Supply Chain Opz

JANUARY 22, 2016

The concept of “connected logistics” covers the relevant end-to-end processes of warehouse management, transportation management, track & trace and the entire logistics network. Thus, increased real-time visibility into shipments leads to more efficient throughput of goods and reduced logistics lead times.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49