IBM Supply Chain Blog

FEBRUARY 19, 2024

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

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

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.

Procurement solutions 84

Procurement solutions Procurement e2e Real-time Visibility 84

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. Since then, there has been a renewed focus on digitalization of supply chain management that provides a holistic view of the supply chain with transparency.

Supply chain management 52

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

Procurement Tactics

AUGUST 19, 2022

You will also know how important vendor management is for the organization to manage its suppliers. . What is Vendor Management? For starters, vendor management is used to describe the processes used to manage their suppliers or vendors. . Risk management. What is vendor management?

Vendor management 130

Vendor management Management e2e Negotiation 130

Barkers Procurement

JANUARY 26, 2024

Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. Questions such as: What vulnerabilities do current suppliers have? What are the events impacting the end-to-end supply chain ?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. Questions such as: What vulnerabilities do current suppliers have? What are the events impacting the end-to-end supply chain ?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

OCTOBER 14, 2023

Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. It has made visible changes in the SCM systems. This new era is expected to explore new horizons in supply chain management. It manages pre-designed events for managing financial issues or transactions securely.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

HICX

MAY 12, 2023

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. Concluding the presentation, Sam shares a story of being at a conference in June and hearing a CPO saying, ‘We need an end-to-end solution.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Barkers Procurement

AUGUST 2, 2023

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. Questions such as: What vulnerabilities do current suppliers have? What are the events impacting the end-to-end supply chain?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. Building strong supplier relationships to encourage favorable contracts and service is also a common goal.

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

MAY 23, 2023

Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation. Risk reduction.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Heads

JUNE 22, 2022

I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. That is why I badge it as the output as it is not one size fits all, it will always be what is right for that aim, that goal, that supplier or that service.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

The Procuretech Podcast

MAY 24, 2022

Understanding the value of pre-emptive end-to-end supply chain management. He sees it like the Google Maps of b2b commerce, giving customers multi-tiered visibility of supply chain networks by using a broad pool of datasets, all stitched together with AI. It doesn't work to expect them to deliver on short deadlines.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

Supply Chain Game Changer

FEBRUARY 14, 2022

Other than financial management, the CFO is the first line of defence for risk management. They’re required to identify risks early, understand them and offer solutions. Their scope of risk management cuts across all departments in an organization.

Supply Chain Efficiency 96

Supply Chain Efficiency Supply chain Supply Collaboration 96

Jaggaer

NOVEMBER 20, 2018

Critical Factors —Risk management such as planning for additional guests and forgotten food items; considering alternate plans for missing ingredients; and managing waste and food safety. Strategy —Goal setting and determining what a successful event look like and then modifying plans in order to improve the experience.

e2e 58

e2e Budget Inventory Procurement strategies 58

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

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. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

Supply Chain Game Changer

MAY 18, 2021

Clearly these are breakdowns in end to end Supply Chain Management which impact on nature and our environment. A lack of business and government focus on managing impacts to nature will result in further, and irreversible, degradation to nature and to our biodiversity, and by extension to the global economy.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply Real-time Visibility 64

Let's Talk Supply Chain

NOVEMBER 1, 2023

04.04] How the pandemic exposed vulnerabilities in supply chains worldwide, bringing the topic of risk to the fore; and the most significant lessons we learned. “No-one You’ve got to have a risk management plan, but if you don’t test it, how do you know it works?” No-one was prepared!

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. It is our goal to create end-to-end intelligent and autonomous execution across the procurement process through our patented technology. Today please get to know dSilo.

e2e 97

e2e Contract Contract management Procurement 97

Spend Matters

APRIL 4, 2024

Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM).

Real-time Visibility 81

Real-time Visibility Management e2e Risk management 81

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Supply Chain Game Changer

SEPTEMBER 17, 2019

What do these capabilities really mean in terms of the day-to-day realities of managing a supply chain? By looking at a supplier’s onsite, real-time quality-control systems and data, for example, you may anticipate how quality issues will affect the supply of key goods and bring other suppliers into the picture.

Agile and Lean Supply Chain 59

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

Supply Chain Game Changer

NOVEMBER 27, 2019

A manager should be able to tell when an inefficiency arises and needs to deal with it accordingly. End-to-end supply chain visibility makes it much simpler to absorb and collect information. A big mistake that can slowly trickle into your supply chain management is the disorganization of the supply chain process.

Supply chain management 74

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 74

Supply Chain Game Changer

JANUARY 26, 2021

Implementing elements of a Digital Supply Chain , based on a backbone of real end to end electronic connectivity, will enable the real time visibility to manage every aspect of any Supply Chain quickly and effectively. Conclusion. Pandemic fatigue has set in, at a very minimum.

Supply chain 61

Supply chain Real-time Visibility Supply e2e 61

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

Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 88

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 88

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Instead of forcing suppliers to seek a means of getting in touch with the company employees, they may use a self-service portal. Benefits of Procurement Automation.

Supply Chain Efficiency 19

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

Claritum

AUGUST 4, 2020

are adhered to and that there is appropriate supplier selection. strategic suppliers, approved suppliers and competitive bids for. The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Securing competitive suppliers for Indirect Spend categories.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

NOVEMBER 16, 2018

Focus Procurement on supplier optimisation. Ensuring that policies are adhered to and that there is appropriate supplier selection (strategic suppliers, approved suppliers and competitive bids for example.). The following diagram shows the relationships that should exist between suppliers, users and Category Managers.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69