Exploring the Impact of Technology on Global Sourcing Strategies
Procurement Freelancers
JANUARY 8, 2024
Technology has a powerful sway over global resource allocation. In this high-tech world, companies use…
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Global Supply Chain — Everything About Supply Chain
Procurement Tactics
JUNE 5, 2023
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically. However, What is it?
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What is Supply Chain Management? A Guide to Success
SCMDOJO
APRIL 29, 2024
Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation. In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries.
AI this Earth Day: Top opportunities to advance sustainability initiatives
IBM Supply Chain Blog
APRIL 22, 2024
To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.
Streamlining supply chain management: Strategies for the future
IBM Supply Chain Blog
FEBRUARY 19, 2024
In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.
Strategic Sourcing Essential Techniques for Sustainable Success
Empowering CPO
FEBRUARY 11, 2024
Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. The Power of Data-Driven Decision-Making At the core of successful strategic sourcing lies the ability to make informed decisions based on robust data analysis.
Climate change predictions: Anticipating and adapting to a warming world
IBM Supply Chain Blog
FEBRUARY 20, 2024
These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. But what will the impacts of climate change be in the future? In an era of accelerating climate change , predicting the near-future can yield major benefits. And how will humans adapt to them then?
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4 strategic sourcing use cases to strengthen your supply chain
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. For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one.
The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money
SCMDOJO
APRIL 15, 2024
In this blog post, we’ll explore how Amazon does it all. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster.
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Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research
ivalua
APRIL 9, 2021
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. comments David Khuat-Duy, Corporate CEO at Ivalua. comments David Khuat-Duy, Corporate CEO at Ivalua.
Mastering the Art of Strategic Sourcing: Essential Tips and Tricks
Empowering CPO
JANUARY 28, 2024
At EmpoweringCPO, we excel in Strategic Sourcing Outsourcing , a methodical approach to procurement that emphasizes data-driven decision-making, market intelligence, and innovative procurement analytics tools. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.
How to build a successful procurement strategy
IBM Supply Chain Blog
DECEMBER 13, 2023
A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?
American Automotive Summit 2023
Arkestro
OCTOBER 30, 2023
The Summit provides insights and strategies to enhance the professional development of executives involved in automotive manufacturing, operations, design, engineering, supply chain quality, and innovation. Explore some of our free assets below or reach out to our team to continue your journey.
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Supply Chain Network Design & Optimization: Steps, Guide, and Efforts
SCMDOJO
MAY 15, 2024
The ETL (Extract, Transform, Load) process plays a crucial role in this regard, facilitating the extraction, transformation, and loading of data from disparate sources into a unified format suitable for analysis. This initial step enables tailoring the supply chain network design to meet specific needs effectively.
Examples and uses of GIS
IBM Supply Chain Blog
DECEMBER 18, 2023
One of the largest sources of data is all around us—that is, geospatial data. Real-world applications of GIS GIS technology provides insights that are key to many industries and disciplines. And the State of Arizona uses GIS technology to manage its portfolio of over nine million acres of land.
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Procurement Strategies Shifting to Restore Growth Post-COVID-19, Reveals Ivalua Research
ivalua
APRIL 8, 2021
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. comments David Khuat-Duy, Corporate CEO at Ivalua. comments David Khuat-Duy, Corporate CEO at Ivalua.
Top 10 TikTokers to Take Off your Supply Chain
SCMDOJO
AUGUST 21, 2023
In this blog post, we will explore the list of Top 10 Supply Chain TikTokers who you need to follow right now and equip yourself with the actionable insights they have to offer. In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management.
When the dust settles, what can AI actually deliver in procurement?
Spend Matters
JANUARY 9, 2024
With 2023 in the rear-view mirror, I thought it would be a good opportunity to step back, separate reality from hype, and discuss the true potential of the technology, today and beyond. But before we get to that point, many procurement leaders are currently trying to unpack the issues with the technology.
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Top Tips for Successful Sourcing From Overseas Suppliers in 2024
Una
JANUARY 31, 2024
Top Tips for Successful Sourcing From Overseas Suppliers in 2024 Get valuable insights into communication and cultural awareness and explore tips for successfully sourcing from overseas suppliers this year. In this environment, US sourcing professionals must sharpen their communication and cultural awareness skills to succeed.
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Adapting Supply Chains to the Digital Retail Revolution
SCMDOJO
DECEMBER 28, 2023
According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. Notably, social commerce entails direct buying and selling on social media platforms.
7 customer experience trends in 2024
IBM Supply Chain Blog
FEBRUARY 12, 2024
Businesses that place the emotional needs of the buyer persona at the forefront of the customer experience strategy fosters great relationships. Forrester reports that customer experience is a high priority for about 75% of global business and technology professionals and their organizations. We’re #2.”
Celebrating World Oceans Day: Revitalizing the marine ecosystem with technology-driven engineered reefs to accelerate CO2 capture
IBM Supply Chain Blog
JUNE 8, 2023
Every year on June 8th, World Oceans Day provides a global platform to raise awareness about the value of our oceans and the critical need for their protection. The responsibility of businesses to reduce global emissions To make the greatest impact, we all need to work together, including businesses.
6 ecommerce trends to watch
IBM Supply Chain Blog
MARCH 8, 2024
As the ecommerce market grows exponentially, six trends projected to heavily impact the global market are artificial intelligence (AI), augmented reality, live commerce, online-to-offline ecommerce, social commerce and voice assistants. The ecommerce market has grown exponentially over the last decade.
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5 Types of Supply Chain Strategies
Una
JUNE 29, 2023
5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. By Hugo Britt | June 29, 2023 Search Search At Una, we lovingly refer to procurement professionals as “sourcing heroes.”
Time-Poor in Procurement
Una
APRIL 25, 2023
Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges. Why are Sourcing Heroes so often time-poor in procurement? By Hugo Britt | April 25, 2023 Search Welcome to Una’s Pain Points in Procurement series.
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Top 10 CEOs Who Have Had Roles in Supply Chain
SCMDOJO
JANUARY 30, 2023
Explore their stories and accomplishments, and be inspired to become an effective leader in your own right. Barra has mentored young people while they studied science, technology, engineering, and math (STEM) and diligently climbed the corporate ladder from an entry-level engineer to an influential leader in the automotive industry.
Revolutionizing Procurement: Innovative Strategies in Managed Procurement Services
Empowering CPO
JULY 3, 2023
Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth. Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth.
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AI in Logistics – The Ultimate Guide
Procurement Tactics
JUNE 19, 2023
In this article, we will explore the role of AI in logistics, discuss its importance, and the best practices for implementing AI in logistics. As AI systems become more sophisticated it is no doubt that it is continuously making a profound impact in our lives. What is AI? But what really is it?
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How to Use Group Purchasing as a Cost Reduction Strategy
Una
AUGUST 9, 2022
How to Use Group Purchasing as a Cost Reduction Strategy. At the height of the COVID-19 pandemic, 49% of companies were considering layoffs, while over 33% had frozen new hires as a way to implement some sort of cost reduction strategy in the middle of a global crisis. Industries seeking a new cost reduction strategy.
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How to build a successful product development strategy
IBM Supply Chain Blog
JANUARY 16, 2024
A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.
Rallying troops against cybercrime with QRadar SIEM
IBM Supply Chain Blog
NOVEMBER 30, 2023
The IBM Security® X-Force® Threat Intelligence Index 2023 revealed that Asia Pacific experienced the most attacks globally (31% of total incidents X Force responded to) for the second year in a row. These attacks have an exponentially ascending impact on the reputation and bottom line of businesses.
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What Are the Pressures That Procurement Faces In 2024 and Beyond?
Barkers Procurement
JANUARY 26, 2024
Houthi rebel attacks on commercial ships in the Red Sea have caused fresh disruption in the global supply chain and triggered an increase in the costs of shipping containers from one location to another. Some experts in procurement have asked whether procurement is being overexposed to unstable sources. Core inflation remains at 5.1%
What Are the Pressures That Procurement Faces In 2024 and Beyond?
Barkers Procurement
JANUARY 26, 2024
Houthi rebel attacks on commercial ships in the Red Sea have caused fresh disruption in the global supply chain and triggered an increase in the costs of shipping containers from one location to another. Some experts in procurement have asked whether procurement is being overexposed to unstable sources. Core inflation remains at 5.1%
The Future of Managed Procurement Services: Trends to Watch Out For
Empowering CPO
JULY 2, 2023
However, with time, the function evolved, incorporating strategic elements such as supplier relationship management, risk management, and sustainable sourcing. However, with time, the function evolved, incorporating strategic elements such as supplier relationship management, risk management, and sustainable sourcing.
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The Role of Managed Procurement Services in Supply Chain Optimization
Empowering CPO
JUNE 30, 2023
This transformation has been driven by a combination of rapidly evolving technologies, changing consumer expectations, and an increasingly interconnected global economy. Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor.
Reskilling your workforce in the time of AI
IBM Supply Chain Blog
DECEMBER 6, 2023
As the adoption of AI and other technologies continues to expand, it will transform how we perform work with the potential to disrupt 83 million jobs globally and create 69 million new roles by 2025, according to the World Economic Forum. This will impact employees at all levels.
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How to Implement a Strategic Sourcing Process
Una
OCTOBER 9, 2023
How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.
Local sourcing – is it for everyone?
Skill Dynamics
JUNE 7, 2022
Since the 1980’s supply chains have become increasingly global and cost has been a dominant factor in this shift. In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. How can risks be mitigated? –
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HR and Talent in the Era of AI
IBM Supply Chain Blog
JULY 26, 2023
In recent IBV research , 36% of CEOs identified workforce and skills as the most important factor impacting their enterprise. In recent IBV research , 36% of CEOs identified workforce and skills as the most important factor impacting their enterprise.
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Business disaster recovery use cases: How to prepare your business to face real-world threats
IBM Supply Chain Blog
JANUARY 11, 2024
Let’s start with some commonly used terms: Disaster recovery (DR): Disaster recovery (DR) refers to an enterprise’s ability to recover from an unplanned event that impacts normal business operations. Failover and failback both use data replication and are widely used in DR strategies for data centers and communication networks.
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Managed Procurement Services: A Strategic Approach to Cost Reduction
Empowering CPO
JULY 2, 2023
We’ll explore what procurement services entail, the inherent value they bring, and how they can be strategically utilized to minimize costs. This involves everything from identifying requirements and sourcing suppliers to negotiating contracts, placing orders, and managing supplier relationships.
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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement
SCMDOJO
JULY 3, 2023
Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. But how do you get started? Do not worry!
What is supply chain sustainability?
IBM Supply Chain Blog
NOVEMBER 3, 2022
When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? When fulfilling orders for customers, do you know how your packaging and shipping decisions impact the environment? We have to plan and execute on reuse/recycle/retire strategies.
Fueling Success: Career in Supply Chain Guide
SCMDOJO
NOVEMBER 17, 2023
In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Lucky for you. Regardless of how you find your way, a supply chain career offers unique advantages.
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