Remove e2e Remove Real-time Visibility Remove Risk Remove Risk management
article thumbnail

Everstream Analytics: Vendor Analysis — Supply chain risk management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. For example, the IBM Sterling Transaction Manager automates manual transactions between businesses and suppliers.

Sourcing 103
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

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.

article thumbnail

Intake & Procurement Process Orchestration (2024 Guide)

Procurement Software

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?

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

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.

article thumbnail

New Year Insights for the procurement solutions and services marketplace 2024: GEP

Spend Matters

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.

article thumbnail

See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

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.