IBM Supply Chain Blog

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless.

Supply Chain Optimization 82

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 82

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. Consequently, it’s about optimizing the entire supply chain for efficiency, cost-effectiveness, and, ultimately, a competitive advantage.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 24, 2024

Understanding the Procurement Process At its core, the procurement process is a strategic axis around which the efficiency, effectiveness, and ethical standards of a business revolve. This process encompasses all activities involved in sourcing, acquiring, and managing the resources necessary for an organization's operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Procurement Sustainability 52

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. from 2023 to 2030.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

Sourcing 100

Sourcing Strategy Supply Chain Efficiency e2e 100

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult. How is it possible?

Suppliers 55

Suppliers Management Quality Import 55

Procurement Templates

APRIL 15, 2024

They would ask various procurement managers for advice but often got a different response depending on who they ask. If all the procurement managers are operating within the same set of rules why are there different shades of grey when responses are dished out? These experiences shape their perspectives and approaches to procurement.

Influencing 130

Influencing Negotiation Risk Innovation 130

SCMR (Supply Chain Management Review)

MARCH 26, 2024

Adhering to ethical and responsible sourcing requirements and public pressure surrounding forced labor is putting new pressures on supply chains. Covington’s Tom Plotkin addresses these questions and more in this 6 Questions With … feature.

Ethics 97

Ethics Supply chain Sourcing Supply 97

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. There is a growing trend among consumers for responsible sourcing or ethical sourcing.

Sourcing 130

Sourcing Ethics Sustainability Suppliers 130

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Inventory Control and Management : Properly managing the received materials to ensure they are used efficiently and effectively.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Inventory Control and Management : Properly managing the received materials to ensure they are used efficiently and effectively.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Supply Chain Game Changer

OCTOBER 1, 2022

Expanding your Supply Chain into international territories comes with complex challenges that many businesses are not prepared for. With shipping fees, language barriers, and tariffs, managing the logistics of global supply chains can be an overwhelming endeavor. International Standards. Delivery Times.

Supply chain 92

Supply chain Ethics Supply Quality 92

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Access the full course here!

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 72

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Procurement Heads

FEBRUARY 7, 2023

As a team of about 120 people we manage indirect, direct and logistics spend for more than 100 BAT commercial end markets and more than 25 factories. Category management has been added and embedded into the operating model. How procurement has evolved since seems just unimaginable.

Supply Chain Efficiency 130

Supply Chain Efficiency Raw materials Category management Sustainability 130

Supply Chain Game Changer

JULY 26, 2021

Accountants are responsible for keeping track of and ensuring the financial health of a company, preparing and analyzing a company’s financial records, managing and analyzing data, ensuring regulatory compliance and preparing financial statements for annual general meetings and tax purposes. Project Management Certifications.

Project management 98

Project management Supply chain management Supply chain management Raw materials 98

Una

JULY 3, 2023

The hard-won skills that you’ve developed over the course of your procurement or supply management career will always be relevant, no matter how high you climb. Supplier relationship management The job of building and nurturing strong relationships with suppliers never stops, even at the most senior levels of the procurement team.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Arkestro

MARCH 27, 2024

The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing. Here are some of the typical day-to-day tasks of a procurement buyer in any industry: Supplier management: Building and maintaining relationships with suppliers, assessing their performance, and negotiating terms for contracts.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 23, 2024

The primary function of these warehouses is to safely store goods until they are needed, thereby playing a crucial role in inventory management and product lifecycle management. Traditional warehouses focus primarily on storage and inventory management.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Order Fulfillment 52

Supply Chain Collaborator

DECEMBER 3, 2015

We often discuss how TMS is crucial to shippers’ fiscal plans, customer service strategies, supply chain management plans and sales execution processes. Coddled, entitled, and lacking disciplined work ethic are the stereotypes commonly associated with Millennials. Here’s why: TMS. Here’s why: TMS. They are the present.

Management 60

Management Supply chain management Supply chain management Supply chain 60

Spend Matters

JUNE 21, 2023

Last year, Spend Matters launched its Carbon Management module in TechMatch. Corporate Social Responsibility (CSR) Guidelines encourage companies to disclose and manage their GHG emissions in their supply chains. This sub-market aims to address questions such as: where and how is carbon produced in value chains?

Management 50

Management Supply Chain Efficiency Data Collaboration 50

Una

NOVEMBER 29, 2023

Utilizing a GPO to manage some of the more time-consuming activities can help save you more money, time, and effort. Supplier relationship management Dedicate time to nurturing and strengthening relationships with your key suppliers. Day-to-day procurement tasks can bog you down.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

The following are examples of strategic sourcing use cases: Transparency and traceability From fast fashion to fluorite, consumers and stakeholders are keyed into product provenance—expecting brands to uphold ethical, responsible sourcing practices. And from that group, 71% would pay a premium for it.

Strategic sourcing 82

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 82

Supply Chain Game Changer

FEBRUARY 25, 2020

Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Thus it makes sense to have a Supplier Relationship Management program. Companies must have a formal, strategic Supplier Relationship Management (SRM) program! A History.

Supplier relationship management 87

Supplier relationship management Suppliers Management Supply Chain Efficiency 87

Spend Matters

AUGUST 30, 2023

To unlock net new savings opportunities, identify and mitigate risks within your supply chain, manage corporate ESG initiatives or manage and grow relationships with key suppliers, you need to have an analysis of corporate spend that can deliver the roadmap to achieve new levels of business transformation.

Procurement 89

Procurement Supply Chain Efficiency Spend management Sustainability 89

Empowering CPO

MAY 11, 2023

By integrating sustainability into procurement decisions, organizations can reduce waste, conserve resources, support ethical labor practices, and promote local economies. Sustainable procurement practices can encourage ethical behaviors and foster a more equitable global trade system. Incorporating Social Factors in Procurement A.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply chain management 92

Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

Value Match

JANUARY 26, 2023

They include; To conduct thorough due diligence on suppliers and their suppliers, including regular inspections and audits to ensure compliance with ethical standards and labour laws. Implementation of a robust and transparent supply chain management system that includes regular communication and collaboration with suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Bidding 52

SCMDOJO

MARCH 25, 2024

Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Nevertheless, the advent of robots in warehouses has given rise to ethical concerns, particularly in situations where employees might lose their jobs.

Supply Chain Efficiency 79

Supply Chain Efficiency Warehouse operations Supply Chain Optimization supply chain software solutions 79

Supply Chain Collaborator

OCTOBER 20, 2016

Smart supply chain management organizations are embracing both the new technologies and the millennial workforce’s perspective , leveraging cloud TMS and other cloud solutions to maintain competitive advantage. This ethic of innovation finds its roots in the prime benefit offered by the cloud-computing business environment.

Route optimization 60

Route optimization Ethics Supply Chain Optimization Supply Chain Efficiency 60

Supply Chain Game Changer

JANUARY 22, 2020

IoT is poised to have a big impact economically and socially, so this article will outline the benefits it has on supply chain management. IoT and Supply Chain. Supply chain management is the link between every stage of production of a product. Greater Transparency Through the Supply Chain.

Supply Chain Efficiency 66

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 66

Planergy

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. You can manage suppliers by breaking them down into different tiers more efficiently. Download Free Copy. Written by.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Supply Chain Game Changer

AUGUST 6, 2019

Commodity Management. Category Management. And all of this is managed by Procurement personnel. But do they manage this spend like it is their own business or do they manage it like it is just a functional job with transactional activities to be performed? Purchasing. In What Exactly is Procurement?

Management 48

Management Procurement Category management Chief Procurement Officer 48

Procurement Insights

APRIL 5, 2024

Gareth Adams • Helping organisation operate sustainable and ethical supply chains Hi Jon W. Based on strand commonality, the algorithms considered historical and real-time factors or attributes, e.g., time of day, dynamic real-time pricing, and changing delivery requirements. One thing has not changed yet.

Procurement 72

Procurement Supply Chain Efficiency Supply chain Ethics 72

Supply Chain Game Changer

JUNE 6, 2019

Consumers are demanding more from the companies they buy from, and Supply Chain Management is at the forefront of delivering that increased responsibility. Consumers increasingly want goods that are produced ethically, sustainably, and with a minimum of waste. based on freshness.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. This course is taught by Maryna Trepova, who is a procurement expert who provides consulting training, especially in procurement management courses.

Cost of ownership 81

Cost of ownership Procurement Category management supply chain software solutions 81