IBM Supply Chain Blog

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. 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 86

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

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1. Businesses can implement the following measures to achieve this: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 27, 2023

The primary purpose of spend analysis is to provide visibility into an organization’s spending patterns, supplier relationships, and procurement performance, enabling informed decision-making and strategic improvements.

Supplier relationship management 52

Supplier relationship management Suppliers Management Negotiation 52