article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Technology-driven visibility AI and machine learning can be used to analyze large amounts of data quickly and accurately, providing insights that can improve forecasting, inventory management, and customer service. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

article thumbnail

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Lean and just-in-time principles eliminate waste and align supply closely with demand. Supply chain risk management is crucial to build resilience.

article thumbnail

Top 10 Hottest British Procurement Startups

Procurement Software

Canopy Canopy is a vendor master data and supplier management platform that aims to provide complete visibility of your suppliers’ information. It includes everything from finance and contract data to compliance, risk, and ESG assessments. With Canopy, you can pull all the data about a supplier into a Vendor Master Record.