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.

supply chain software solutions 90

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 90

Una

FEBRUARY 19, 2024

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses? Why is visibility so important?

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility Supply Chain Optimization Supply chain 52

EazyStock

AUGUST 28, 2023

When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking.

Real-time Visibility 52

Real-time Visibility Inventory Data Management 52

Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 85

e2e Sourcing Real-time Visibility Procurement team 85

Supply Chain Game Changer

SEPTEMBER 5, 2022

Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

Procurement Tactics

DECEMBER 6, 2022

Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management. What is Spend Management?

Spend management 172

Spend management Management Real-time Visibility Budget 172

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 rapid, cost-effective and transparent supplier payments anywhere in the world. Notes to Editors.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Few knew until impacted.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

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

Supply Chain Game Changer

APRIL 7, 2020

In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! The necessity for visibility started with store shelves being emptied of toilet paper , food, and various household items. Supply Chain visibility and the Digital Supply Chain has never been more important!

Supply Chain Visibility 88

Supply Chain Visibility e2e Real-time Visibility supply chain software solutions 88

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. You’ll hear from industry experts who have been there, done that, and can share best practices for managing tail spend. Let’s dive in. Next is the tail. What is tail spend?

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Procurement Insights

MARCH 18, 2024

“Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer. Keep that in mind.

Supply Chain Efficiency 75

Supply Chain Efficiency e2e Supply chain Real-time Visibility 75

Let's Talk Supply Chain

DECEMBER 4, 2023

Guest Bio: Cris Ferregur, Vice President of Business Development at SDI, champions the needs of facilities management, plant maintenance, and procurement professionals, delivering significant year-over-year cost savings and improved ROI. His prior engagements include Pemcor Packaging, TMI Integrated Services, and Saint Gobain Abrasives.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility supply chain budgeting Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 23, 2022

Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. Through knowledge management, supply chains have access to more complete and accurate information within the organization and external sources.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

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. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-making.

Supply Chain Optimization 82

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

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups.

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management. Where do I sign?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

ivalua

DECEMBER 16, 2015

For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Visibility all the way up the supply chain. Visibility into supplier capacity.

Supply Chain Visibility 124

Supply Chain Visibility Real-time Visibility Supply chain Supplier capacity 124

Procurement Tactics

JUNE 19, 2023

AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

IBM Supply Chain Blog

DECEMBER 8, 2023

Time and again, we see IT teams struggle to deal with seasonal spikes in demand and outages. It’s an outdated and impractical practice for modern eCommerce and ultimately makes you less competitive over time. The result is faster mean time to detect (MTTD) and mean time to resolve (MTTR).

e2e 120

e2e Real-time Visibility Management Data 120

Supply Chain Game Changer

DECEMBER 9, 2020

What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Inventory management starts with the fundamental in and out of your supply chain.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

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

Procurement Heads

FEBRUARY 8, 2023

One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend. Renewable energy sources: Investing in renewable energy sources such as solar or wind can help reduce dependence on traditional energy sources and lower costs over time.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. But there’s a light at the end of the tunnel: Managed Procurement Services.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

SCMDOJO

APRIL 4, 2023

What is the Difference Between Supply Chain Analytics and Supply Chain Management? When it comes to managing a supply chain, having access to real-time data can be a game-changer. By providing visibility into every aspect of the supply chain, companies can identify bottlenecks, reduce waste, and minimize delays.

Supply Chain Analytics 111

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 111

Spend Matters

JUNE 19, 2023

In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms. What does a contract lifecycle management solution do? Top 5 Contract Lifecycle Management tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Contract 89

Contract Management Negotiation Real-time Visibility 89

Planergy

MAY 30, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we will discuss some of the basics of travel and expense management and some best practices to make your life a little bit easier.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Spend Matters

JANUARY 30, 2023

Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. It is a data-first company that prides itself on near-instant updates and exceptional logistics visibility. Read more. )

Real-time Visibility 79

Real-time Visibility Supply Chain Visibility Procurement strategies Logistics 79

Supply Chain Game Changer

SEPTEMBER 19, 2022

The supply chain management industry has undergone many changes in recent years. This article will look at how edge computing is revolutionizing supply chain management. Real-Time Visibility and Responsiveness to Unstuck Supply Chains. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 100

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Big data and the benefits to inventory managers.

Inventory 52

Inventory Data Management Real-time Visibility 52

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. That means managing employees, vendors, customers, and more on one platform. That’s where supply chain risk management software comes in.

Risk management 96

Risk management supply chain software solutions Risk Management 96