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 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Spend Matters

SEPTEMBER 14, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. What are the challenges and asks of your customers?

Procurement 102

Procurement Supply Chain Efficiency Category management e2e 102

Procurement Software

FEBRUARY 6, 2024

Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem. Less than 10 years old as a company. Which countries are included?

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Procurement Software

MARCH 5, 2024

US procurement startups are killing it. It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem. Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

Real-time Visibility 52

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

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

Procurement Heads

NOVEMBER 9, 2022

Could you tell us a bit about yourself, your background and how you got into procurement? What roles and responsibilities does Procurement/ SRM have within Allianz? It’s very exciting to see how SRM is developing and growing and from being a ‘die-hard’ IT Category Manager, I’ve certainly been converted!

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

Procurement Tactics

AUGUST 23, 2022

33 Procurement Interview Questions in 2022. Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. So without further ado, let’s start uncovering contract management. . What is Contract Management?

Contract management 130

Contract management Contract supply chain software solutions Management 130

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. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

JANUARY 9, 2024

British procurement startups are also well-represented within this startup ecosystem. The 10 Hottest UK-based Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn.

supply chain software solutions 52

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

Pipefy

JANUARY 4, 2023

Procurement is a mission-critical business process. But the inherent complexity of the procurement process means that it’s also prone to inefficiencies, errors, and broken handoffs. That makes procurement automation more important than ever. That makes procurement automation more important than ever. Containing costs.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 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. Limited Supplier Network. Supply Chain Visibility.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! It includes best practices for moving to a modern model for supplier master data ownership and maintenance, so you’ll want to get your copy. That’s significant.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

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

Spend Matters

FEBRUARY 22, 2024

For procurement professionals, keeping pace with new technology and understanding the changes that come with it – while adapting their systems and workers – is crucial if they want to stay competitive in today’s fast-paced, unpredictable global economy. That alone increases efficiency,” he continued.

Supply Chain Efficiency 87

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 87

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Lots of European procurement tech startups are still in early or growth phase. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

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

HICX

FEBRUARY 15, 2024

Not only can this lead to consumers opting for a competitor, but it can also lead to business partners deciding to pursue alternative business relationships. Therefore, awareness of changes in global regulatory legislation and a focus on sustainable procurement have never been so important for organizations of all sizes.

Supply chain management 52

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

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

HICX

AUGUST 4, 2022

We took the opportunity at World Procurement Congress 2022 to ask leading practitioners and supplier experience experts for their thoughts on what this means for how we work with suppliers and the importance of understanding the suppliers’ perspective. Suppliers’ Perspective: Why it Matters?

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

SEPTEMBER 16, 2020

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Women have made tremendous strides in the Supply Chain Management profession. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain is no longer a back-office, transactional function.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Supply Chain Game Changer

NOVEMBER 9, 2018

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. At the end of their stint of several months with us they presented their results in a couple of areas specifically. Lack of an effective Supplier Relationship Management program.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 43

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109