IBM Supply Chain Blog

JANUARY 16, 2024

Why is a strong product development strategy important? Typically, these measures should be undertaken by a dedicated development team or through a product development partnership with an experienced and specialized consultancy. Consumers have access to more information than ever to compare products and brands.

Product development 83

Product development Strategy supply chain budgeting supply chain software solutions 83

Supply Chain Game Changer

APRIL 19, 2022

This interview is with Renzo Francotto, Principal and Independent Consultant at RF Proservices and Consulting Inc. We are pleased to be able to share our interview with Renzo Francotto, Principal at RF Proservices and Consulting. I first met Renzo Francotto while at Celestica.

Leadership 85

Leadership Raw materials supply chain software solutions Strategic sourcing 85

Procurement Heads

APRIL 26, 2023

I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. There is also a separate team that looks after sourcing, contracting and payment activities. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. There is also a separate team that looks after sourcing, contracting and payment activities. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

The Good Spending

DECEMBER 27, 2023

The source link. I worked in procurement for 22 years - telecom, airline, railways, public infrastructure services and consulting industries, and multiple geographies. How could you describe your career path in a few words? How do you think agile practices have transformed companies over the past two years?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Supply Chain Optimization Negotiation 52

SCMDOJO

JUNE 21, 2023

SCaaS offers a strategic impact on business. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Companies often outsource or entrust these processes to third-party providers, reaping the abundant benefits of SCaaS.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Procurement Heads

JUNE 28, 2022

Great businesses have always looked to procurement for a balanced scorecard across the strategic planning cycle. According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Procurement Leaders

JANUARY 13, 2023

US employers announced a total of 76,835 job cuts in November 2022 – a 127% increase on the October figures, according to a report from employment consultant Challenger, Gray & Christmas. Source: Procurement Leaders, November 2022. Leading the way, the technology sector has cut one-quarter of all jobs this year, the report noted.

Sustainability 130

Sustainability Procurement team Procurement Risk 130

Procurement Heads

DECEMBER 15, 2022

I then moved from there into procurement consultancy, which is where I have spent the last 10 years and that has been a fabulous journey. That is what consultancy brings; the opportunity to work with lots of people in lots of areas. I have worked with both UK and global organisations in every sector, in every industry.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. Should smaller organizations stay in their lane and concentrate on day-to-day tactical sourcing?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Procurement Tactics

DECEMBER 26, 2022

Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Procurement Strategy Case Studies — 5 Insightful Examples. However, not everyone knows where to start in their strategy. . Catalonia’s aim to clean air. What Can We Learn From It?

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

ivalua

APRIL 9, 2021

The research, conducted by Forrester Consulting and commissioned by Ivalua, found that procurement has become of growing importance to organisations, with 85% of respondents indicating that executive leadership recognises procurement’s role in revenue growth. Inventory challenges are also slowing cash flow.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Empowering CPO

FEBRUARY 20, 2023

As is true the objective of every strategic sourcing project is to reduce the total cost of ownership. The question is not only about the pricing evaluation methodology, it has to begin at the start of the strategic sourcing process, the important part also is the actual preparation of the pricing worksheet.

Price 52

Price Cost of ownership Strategic sourcing Strategic sourcing 52

Procurement Heads

JULY 6, 2022

We are responsible for the procurement of strategic purchases and what that means for us is anything that is high value, high-risk, third-party engagements. As far as the split of the function we have four main areas, sourcing – a mix of Procurement Managers and Advisors across Germany, London and Delhi.

Networking 241

Networking Supplier relationship management Procurement Risk 241

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Positive Purchasing

MAY 3, 2024

Category Management in Purchasing , now in its 5th edition, is a comprehensive and practical guide to approaching purchasing and procurement strategically, effectively, and sustainably through category management. Tom Walsh, Associate Director, Global Source-to-Pay Excellence Lead, Astellas Pharma US, Inc.

Category management 52

Category management Purchasing Supplier relationship management Management 52

ivalua

MAY 11, 2021

’s core values represent the essential basis in this strategic relationship. The digital transformation journey has reached the Go-Live of the Sourcing module. Arkad S.p.A. is a world leading energy services group focused on delivering excellence in the oil and gas sector. The Arkad S.p.A Thanks to it, Arkad S.p.A.

Procurement 130

Procurement Supply Chain Efficiency Spend management Suppliers 130

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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. The demand for qualified individuals keeps rising as businesses increasingly understand how important procurement is to their overall strategy. But how do you get started? Do not worry!

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Una

DECEMBER 6, 2022

We may be biased, but we’d like to add one more important no-brainer to this list: joining a group purchasing organization (GPO). Una’s team of Sourcing Advisors will work with you one-on-one to determine what success looks like and where group purchasing fits in order to best reach your goals. . Here’s why. Lower risk? Yes, please.

Purchasing 98

Purchasing Procurement strategies Risk Suppliers 98

ivalua

MAY 9, 2023

Survey results in a new study by Forrester , commissioned by Ivalua, reveal several important lessons for procurement leaders to keep in mind as they adapt their departments for success. Being more agile and addressing more strategic objectives requires procurement to be more collaborative.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

ivalua

APRIL 8, 2021

The research, conducted by Forrester Consulting and commissioned by Ivalua, found that procurement has become of growing importance to organizations, with 85% of respondents indicating that executive leadership recognizes procurement’s role in revenue growth. Inventory challenges are also slowing cash flow.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Spend Matters

JANUARY 23, 2024

In SAP® Ariba® Sourcing, for example, there are AI-driven tools that enable practitioners to automate the RFx process. So it’s important to see GenAI as part of the big AI family picture, but with different techniques, tools and so on. It basically multiplies efficiency through higher process automation.

Category management 64

Category management Data Procurement supply chain software solutions 64

ivalua

APRIL 8, 2021

A new study by Forrester Consulting sponsored by Ivalua, dives into the opportunity, challenge and strategies being employed. But they are also the most exciting as they have the potential to actually turn your spend and suppliers into a source of competitive advantage. But there is one general exception. Fortunately, that is changing.

Procurement 130

Procurement Innovation Price Suppliers 130

HICX

JANUARY 13, 2023

In this episode of Supplier Experience Live Podcast from HICX, we welcomed Canda Rozier , a Procurement Evangelist and Consultant. She also often contributes to sourcing industry publications, speaks at procurement conferences and events globally and is winner of the 2019 Sourcing Star Award of the SIG Future of Sourcing Award.

Procurement 52

Procurement supply chain software solutions Suppliers Import 52

IBM Supply Chain Blog

OCTOBER 26, 2023

This blog focuses on the importance of sustainability reference architecture and how it helps companies meet their sustainability goals, especially meeting the environmental side of the ESG goals. Corporate sustainability reports assess sustainability using three key parameters: environmental, social and governance , often abbreviated as ESG.

Sustainability 78

Sustainability supply chain software solutions Supply Chain Efficiency Data 78

Una

AUGUST 17, 2022

The figure’s head represents the top 1% of strategic suppliers to your organization. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

ivalua

APRIL 13, 2021

While some factors, such as company size and brand, are out of your control, the top factors according to a Forrester Consulting study on collaboration are. Today’s active regulatory and legislative environment means companies will have to remain agile in their supply chain strategies to ensure compliance, or to support strategic objectives.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

IBM Supply Chain Blog

SEPTEMBER 28, 2023

The newly launched features and capabilities of watsonx.ai, a capability within watsonx, include new general-purpose and code-generation foundation models, an increased variety of open-source model options, and additional data options and tuning capabilities that can broaden the potential business impact of generative AI.

Data 94

Data Sourcing Risk Ethics 94

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. The focal point of our efforts remains source-to-pay automation, particularly in operational and tactical areas.

Procurement solutions 89

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 89

Spend Matters

FEBRUARY 13, 2024

The rapid growth of AI technology among businesses globally has been transforming the way they operate,” says Iyyappan Chandramouleeswaran , source-to-pay transformation specialist, VP of procurement transformation at Standard Chartered and ex-management consultant with Accenture.

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 84

The Procuretech Podcast

MAY 13, 2020

So, that's why I invited Joël Collin-Demers on the show to give us a Source-to-Contract 101 lesson so as you can get a broad knowledge of what type of solutions are on offer. Joël is a Source-to-Pay (S2P) expert and consultant from Montréal, Canada and has extensive knowledge gained in this field from his time in large organisations.

Contract 52

Contract Sourcing Procurement Procurement team 52

Planergy

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to gain visibility and control of your indirect spend. Let’s delve into the details.

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

Una

JULY 3, 2023

It doesn’t matter, they say, whether you’re a senior executive in a consultancy or a partner in a law firm – all you will need are generic skills. It doesn’t matter, they say, whether you’re a senior executive in a consultancy or a partner in a law firm – all you will need are generic skills.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Procurement Heads

JUNE 6, 2023

This involves overseeing various service offerings, such as our Sourcing Solution team, which supports multiple councils in executing their procurement activities. Within each of those, we have our strategic procurement functions that serve those sovereign authorities. Could you tell us a bit about yourselves?

Contract management 130

Contract management Contract Supply Chain Efficiency Procurement 130

IBM Supply Chain Blog

JANUARY 15, 2024

While digital transformation has been a trend for some years, emerging technologies have made this movement even more important. Digital transformations also enable organizations to pause and identify which strategic approaches are worthwhile in today’s environment and where they should direct their energies.

Raw materials 78

Raw materials Supply Chain Efficiency Data Business strategy 78

ivalua

DECEMBER 19, 2018

PKP Energetyka, launched the implementation of Ivalua’s state-of-the-art Procurement and Sourcing solution with the participation of OptiBuy. DACH & Eastern Europe is a strategic market for us and we are thankful to PKP Energetyka for choosing Ivalua. OptiBuy , the consulting agency will be responsible for the implementation.

Supplier relationship management 100

Supplier relationship management Contract Procurement solutions Buyers 100