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 68

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 68

IBM Supply Chain Blog

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays.

supply chain software solutions 91

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 91

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

Procurement Software

MAY 14, 2024

By embracing a strategic approach to procurement, you can streamline operations, mitigate risks, and foster stronger supplier relationships. By meticulously handling the procurement intake, businesses lay the foundation for better end user adherence to procurement policies. What is procurement intake?

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 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

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

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 76

Real-time Visibility e2e Demand Data 76

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.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

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. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 1, 2023

These capabilities help identify and block advanced threats like ransomware and cyberattacks in real-time on any type of endpoint. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching?

Risk 61

Risk Management Real-time Visibility e2e 61

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 118

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 118

IBM Supply Chain Blog

SEPTEMBER 12, 2023

Observability-driven automation leverages real-time insights from monitoring and telemetry data to inform intelligent automation processes. The fact is, automated setup and installation eliminates manual errors, reduces deployment time and improves consistency across different environments.

Real-time Visibility 75

Real-time Visibility e2e Data Sustainability 75

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

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 74

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 74

Procurement Tactics

JUNE 8, 2023

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

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 90

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 90

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

ivalua

JULY 14, 2021

With two-factor authentication and embedded real-time change processing there are no payment files to edit. In addition, the time savings introduced by removing duplicate approvals and cutting checks are immense. . Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier.

Real-time Visibility 130

Real-time Visibility e2e Suppliers Purchase orders 130

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. Continuously monitor and adjust Implement mechanisms to monitor performance against plans and targets.

supply chain software solutions 86

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 86

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.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

Pipefy

OCTOBER 25, 2023

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. All this combined is a recipe for end-to-end operational inefficiency.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 26, 2023

But “always-on” is costly, and too many organizations overprovision to mitigate performance risks (and overspend in the process). It allows DevOps teams to write code, integrate it, run tests, deliver releases and deploy changes to the software collaboratively and in real-time.

e2e 58

e2e Real-time Visibility Sustainability Data 58

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

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing risk. Managing costs.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

HICX

MAY 12, 2023

Particularly around risk listening. In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. Buyers, he says, are spending a lot of time trying to get materials to their factories.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Supply Chain Collaborator

APRIL 14, 2020

Though it is an added stressor at this precarious moment, the time will never be more appropriate to take action toward improving enterprise logistics processes. Identify Potential Risks. Assess not only the potential risks Coronavirus poses to current operations, but also other possible disruptions that commonly impact your industry.

Logistics 95

Logistics Agile and Lean Supply Chain Real-time Visibility e2e 95

Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

SCMDOJO

OCTOBER 14, 2023

Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems. It helps to mitigate the risk factors and improves the risk management. Their immutability eliminates the risk of changing any information.

Supply Chain Efficiency 89

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

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. The benefits include cost savings and a quick turnaround time from development to implementation.

supply chain software solutions 110

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 110

Arkestro

JUNE 6, 2023

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time? Emergency Purchase Ratio: How many unplanned purchases are being made?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 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 e2e 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 e2e 52

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 91

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 91

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. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Effective Distribution Operations require careful planning, coordination, and execution to ensure that products reach their intended destinations in a timely and cost-effectively.

Strategy 102

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 102

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52