IBM Supply Chain Blog

AUGUST 5, 2021

Managing a diverse and agile supplier network is now a top priority in the auto industry and essential to remain competitive. The need for innovation and modernization in automotive business networks is crucial to remove friction, enable visibility and build resiliency for whatever comes next. .

Collaboration 52

Collaboration Suppliers Agile and Lean Supply Chain Real-time Visibility 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. 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 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

ivalua

MARCH 27, 2023

The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. Europe will join Latin America, India, China, and other countries already on the path to real-time tax collection. What are the implications?

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

IBM Supply Chain Blog

JUNE 30, 2023

.​ Many companies are beginning to recognize that rebuilding supply networks is imperative to remain viable in a rapidly transforming global automotive sector. For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Why is this happening?

supply chain budgeting 66

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 66

SupplyShift

JUNE 24, 2021

Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond. Where do you start?

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

SupplyShift

JUNE 24, 2021

Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond. Where do you start?

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

Supply Chain Game Changer

JUNE 30, 2022

A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand. Visibility.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

ivalua

MAY 30, 2022

Digital supply chains use one integrated network for all relevant supply chain partners, including procurement, suppliers, service providers, and even customers. The financial benefits include greater profitability, reduced costs, accelerated time-to-market, and faster time-to-delivery. .

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

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. Supplier Data Quality & Management in Decision Making. Supplier Data Quality & Management in Decision Making.

Agile and Lean Supply Chain 173

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

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. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. And Hubtek is a tech-enabled talent and automation solutions provider for transportation companies across North America. Check out our other podcasts HERE.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 74

Jaggaer

NOVEMBER 12, 2019

The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. Another disadvantage is that suppliers see little or no value. There are real cost savings and efficiency gains to be made here.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78

Supply Chain Game Changer

DECEMBER 18, 2019

By automating business processes, such as transportation, materials management, invoice/PO, bid, project management, firms improve efficiencies, reduce errors and admin time, increase productivity, and speed cash-to-cash cycle. The post How a Collaborative Network Will Change the Construction World!

Collaboration 60

Collaboration Networking Supply Chain Efficiency Real-time Visibility 60

Let's Talk Supply Chain

JUNE 25, 2023

Today Richard White, Founder and CEO of WiseTech Global, joins me to chat all about the company and what they do; his entrepreneurial journey; using real-time data visibility to bring your workforce together; accelerating growth through acquisition; and his vision for empowering the world’s supply chains.

supply chain software solutions 95

supply chain software solutions Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 95

Let's Talk Supply Chain

AUGUST 7, 2022

IN THIS EPISODE WE DISCUSS: [06.41] Erik’s founder story, and the journey that led him to “experience the tension between small suppliers and giant buyers” first hand, and establish Orderful. “I 22.21] How the pandemic has changed the way businesses think about data, how they relate to it and move it around their networks.

supply chain software solutions 98

supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). Supplier Master Files have changed, he said. So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

SCMDOJO

OCTOBER 14, 2023

It comprises all elements from the origin (the raw material) to the consumption networks (end users). Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

ivalua

AUGUST 5, 2020

Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. At each step of this Procurement process, data is gathered, suppliers are onboarded, and deliveries are accepted. Invoice to Pay from Ivalua.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Suppliers supply chain budgeting 130

Spend Matters

JUNE 20, 2023

As the risks that trigger supply disruptions, regulatory non-compliance and missed corporate objectives continue to gain visibility, an ‘eyes wide open’ attitude towards supplier risk assessment and mitigation strategies has become imperative to improve operational resilience. And so it should.

Risk 74

Risk supply chain software solutions Risk management Real-time Visibility 74

SCMDOJO

JUNE 14, 2023

As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. This technology allows businesses to monitor their supply chain from order placement to final delivery in real-time. This increased visibility leads to more efficient supply chain and inventory management.

Supply Chain Efficiency 77

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 77

IBM Supply Chain Blog

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. With greater tracking and traceability, for example, comes real-time demand insight. Digitalization is not one-size-fits-all.

Supply Chain Efficiency 115

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 115

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

The Network Effect

AUGUST 14, 2015

Am I able to allocate supply in real time across my entire network to maximize revenues?”. Are we able to reduce our freight costs and maintain on time deliveries?”. “Do Do we have any opportunities to reduce inventories while simultaneously improving customer service levels?”.

Real-time Visibility 67

Real-time Visibility Data Networking Inventory 67

The Thomas Blog

JANUARY 16, 2024

The top three strategies for effective small business lead generation include content marketing, social media marketing, and networking and partnerships. This improves the company’s online visibility, helps it reach a wider audience, and enhances its authority and credibility within that niche.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Networking 52

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Who are the key suppliers ?

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

SCMDOJO

MARCH 28, 2023

By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers. This allows for increased efficiency, reduced costs, and improved trust between suppliers and customers.

Supply Chain Efficiency 107

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 107

Supply Chain Collaborator

APRIL 14, 2020

Though it is an added stressor at this precarious moment, the time will never be more appropriate to take action toward improving enterprise logistics processes. Define the contours of your supply chain network from end-to-end – inbound from vendors to production facilities and outbound from DCs to customers. Identify Potential Risks.

Logistics 95

Logistics Agile and Lean Supply Chain Real-time Visibility e2e 95

SCMDOJO

JULY 24, 2023

The Netherlands offers a robust infrastructure, comprising not only road networks but also rail and water transportation, including short sea and deep sea routes. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

Supply Chain Game Changer

JANUARY 19, 2022

The supply chain is a significant part of your overall business strategy and inventory management. An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. Improve Your Supplier Relationships. Great suppliers are reliable.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

Procurement Software

APRIL 18, 2023

This ensures they get the best deal possible with their suppliers. These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. This involves suppliers competing in sequential bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Let's Talk Supply Chain

OCTOBER 2, 2023

Built to combat issues caused by the lack of adequate space in cities and near major highways and interstates, SecurSpace enables on demand access to a rapidly growing network of industrial facilities and businesses searching for parking and storage solutions. In his spare time, he enjoys golf and boating.

Demand 52

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

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 75