Supply Chain Brain

JULY 31, 2023

needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.

Sourcing 98

Sourcing Innovation 98

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 101

Sourcing Strategy Supply Chain Efficiency e2e 101

Procurement Tactics

DECEMBER 5, 2022

Manufacturing Sourcing Company in India — The Ultimate Guide of 2023. However, why do companies source in India? In this article, we will talk about what a manufacturing sourcing company is. We will discuss why companies are starting to source in India. We will also show you some sourcing companies that you can trust. .

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Sourcing Quality Suppliers Price 182

IBM Supply Chain Blog

APRIL 1, 2024

Generative artificial intelligence (GenAI) can be a powerful tool for driving product innovation, if used in the right ways. GenAI technologies can survey publicly available sources, such as press releases, to collect competitor data and compare the current product mix to competitor offerings.

Innovation 81

Innovation Business strategy Data Strategy 81

IBM Supply Chain Blog

APRIL 5, 2024

These innovative technologies complement each other, enabling organizations to benefit from their unique values. These repositories can draw from a multitude of sources. In the automotive industry, intelligent simulation speeds up innovation in new models. In electronic design automation (EDA), AI and HPC drive innovation.

Innovation 68

Innovation Quality Consumer demands Data 68

IBM Supply Chain Blog

OCTOBER 4, 2023

Watsonx.data is engineered to use Intel’s built-in accelerators and open-source query engines such as Presto to deliver rapid and reliable data processing for high performance SQL querying, reporting, business intelligence, and machine learning.

Innovation 103

Innovation Collaboration Sourcing Data 103

ivalua

JANUARY 31, 2023

Through Ivalua’s EIC, emissions data can be imported from recognized third-party emissions data sources or directly from suppliers; the data is then combined with other information such as environmental risk scores, policies, published targets, or certifications. Learn more at www.ivalua.com. Follow us at @Ivalua.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Innovation Supply chain 246

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. Responsible sourcing requires a shift in thinking and priorities. There is a growing trend among consumers for responsible sourcing or ethical sourcing.

Sourcing 130

Sourcing Ethics Sustainability Suppliers 130

IBM Supply Chain Blog

DECEMBER 15, 2023

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

Sourcing 68

Sourcing Innovation Data Collaboration 68

Spend Matters

MARCH 11, 2024

So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. PSI is a good place not only to hear from but to meet the innovators in this space, not just the developers and service providers but the people who interact with them. Make sure you understand every intervention.

Procurement strategies 96

Procurement strategies Innovation Strategy Procurement 96

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

IBM Supply Chain Blog

SEPTEMBER 21, 2023

. “IBM’s launch of watsonx was an awakening, and it inspired us to explore the immense potential of watsonx.ai’s generative AI capabilities to deliver unprecedented innovations for our clients,” said Sean Im, CEO, Samsung SDS America. “IBM’s watsonx.ai Integrating watsonx.ai Integrating watsonx.ai

Innovation 110

Innovation Import Data Sourcing 110

Una

NOVEMBER 1, 2022

Benefits of Strategic Sourcing and Best Practices. In doing so, procurement professionals are ascending the corporate stairs to have a more visible seat in their business’s strategic sourcing. Strategic sourcing best practices. Here are four best practices for strategic sourcing: 1. Strategic sourcing is similar.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Una

NOVEMBER 7, 2022

IT Innovation and Procurement as the Driving Force. Whose job is it to drive IT innovation? Everybody has a role to play in bringing IT innovation into the organization. Procurement can act as the gatekeeper of supplier innovation and the vital connection between all the parties involved in the purchase decision.

Innovation 93

Innovation Procurement Suppliers Purchasing 93

ivalua

JUNE 15, 2022

Automation and innovation are at the forefront of the supply chain industry with procurement acting as a key enabler in the process. Körber, a leading international technology group with over 10,000 employees, aims to be a tech leader in procurement to open the door in supply chain performance and drive innovation in the community. .

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

ivalua

DECEMBER 5, 2019

This means companies are under more pressure than ever to innovate at pace. As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Cost-focused approaches block innovation.

Innovation 221

Innovation Suppliers Procurement Collaboration 221

Una

SEPTEMBER 13, 2023

EPISODE 132 The Innovative Power of Raw Curiosity with Wes Davis By Kelly Barner | September 13, 2023 In 1918, Henry Ford, Thomas Edison, Harvey Firestone, and naturalist writer John Burroughs took one of many long distance road trips together. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Wes Davis.

Innovation 69

Innovation Sourcing Procurement 69

IBM Supply Chain Blog

OCTOBER 18, 2023

On December 5–6, 2023 at the Computer History Museum in Mountain View, CA, hundreds of developers and software engineers will come together at PrestoCon 2023 to support and learn more about Presto, the open-source SQL query engine for data analytics and the Open Data Lakehouse.

Sourcing 89

Sourcing Innovation Data Price 89

ivalua

NOVEMBER 12, 2019

Winner of Awards for Innovation in Digitization and Innovations in 3rd Party Management. The Future of Sourcing Awards program, which took place Wednesday, October 16, 2019 , recognized companies and individuals that are transforming, innovating and leading the sourcing, procurement and outsourcing industry.

Sourcing 150

Sourcing Chief Procurement Officer Procurement Innovation 150

Procurement Insights

FEBRUARY 1, 2024

The Dawn of Integrated Source-to-Pay Suites The release of Gartner’s first integrated Source-to-Pay (S2P) Magic Quadrant marks a pivotal moment in procurement technology. Fragmented workflows, scattered supplier information, and lack of full source-to-payment traceability are no longer acceptable.

Sourcing 73

Sourcing e2e Spend management Leadership 73

ivalua

MAY 23, 2022

May 23, 2022 – Ivalua, a leading provider of Spend Management Cloud solutions, announced the winners of its Carbon Footprint Innovation Cup at its marquee annual event, Ivalua NOW 2022 in Washington D.C. The Carbon Footprint Innovation Cup featured 17 teams of volunteers. About Ivalua.

Innovation 130

Innovation supply chain software solutions Spend management Procurement 130

Arkestro

SEPTEMBER 29, 2023

This is largely driven by technological innovations shaking up the industry, with autonomous procurement at the helm. Systems use this data to automate routine procurement tasks and make informed decisions about sourcing, pricing, and supplier relationships. billion in the U.S. Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

Spend Matters

MAY 3, 2023

Categories: Innovation , Procurement Systems & Architecture , Purchasing and Sourcing Tags: Podcast Recently Jason Busch, the founder and CEO of Spend Matters, arrived in London from Chicago to attend this year’s Amazon Business Exchange (ABX). Read about their conversation here. Read more. )

Innovation 68

Innovation Procurement solutions Purchasing Sourcing 68

Una

MARCH 23, 2023

Pain Points in Procurement Series Improving Time-to-Source in Procurement Improving time-to-source in procurement can lead to greater customer satisfaction, streamlined sourcing processes, and increased cost savings. How to improve time-to-source in procurement But how can we speed up time-to-source?

Sourcing 98

Sourcing Procurement Procurement team Contract 98

Supply Chain Game Changer

FEBRUARY 11, 2022

Product innovation is at the center of many success stories. Every product that exists now, or that existed before, was once an innovation. The most notable innovative products of late have been mostly technological. The term ‘disruptive innovation’ is used quite a lot these days. Subscribe to Supply Chain Game Changer.

Innovation 90

Innovation supply chain budgeting Supply Chain Efficiency Price 90

IBM Supply Chain Blog

NOVEMBER 3, 2023

Apache Kafka and Apache Flink working together Anyone who is familiar with the stream processing ecosystem is familiar with Apache Kafka: the de-facto enterprise standard for open-source event streaming. With the combination of Apache Flink and Apache Kafka, the open-source event streaming possibilities become exponential.

Sourcing 78

Sourcing Innovation Data Agile and Lean Supply Chain 78

Empowering CPO

JUNE 14, 2023

But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

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

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. The Public Sector is no exception.

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Buyers 130

ivalua

JANUARY 29, 2020

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

Collaboration 213

Collaboration Innovation Agile and Lean Supply Chain Procurement 213

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

The Good Spending

AUGUST 17, 2023

In our earlier posts, we used to praise strategic sourcing. A sourcing strategy is at the core of strategic sourcing. This post will look at a sourcing strategy from an uncommon perspective, trying to prove its vital importance for the procurement profession. A sourcing strategy is a vital element of this audit trail.

Sourcing 52

Sourcing Strategy Import Strategic sourcing 52

Empowering CPO

JULY 3, 2023

Amid the rapidly evolving business landscape, it is no longer sufficient for companies to merely manage their procurement operations – they must innovate. Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth.

Innovation 52

Innovation Strategy Procurement Management 52

ivalua

JUNE 29, 2021

Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments. Enabling the complete source-to-pay process within the Ivalua Platform has always been a strategic objective.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Spend Matters

JANUARY 10, 2023

Categories: Sourcing , Sponsored Article , Technology Tags: Sponsored Article The end game of “Autonomous” in intelligent process automation is fairly well hyped, but the concept is attainable once you understand some elements. And there is no more impactful business area than the Sourcing area.

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Sourcing Procurement team Innovation Demand 64