IBM Supply Chain Blog

OCTOBER 16, 2023

Real-time monitoring in SAP BTP lets users harness the power of proactive detection and transform their operations, eliminating problems related to sluggish performance, downtime and troubleshooting errors. In addition, real-time monitoring helps to comply with SLAs, reduce risks and safeguard your operations.

Real-time Visibility 72

Real-time Visibility Risk Management Data 72

IBM Supply Chain Blog

DECEMBER 13, 2023

This claim is often used to encourage asset-intensive industries to evolve their maintenance strategies, invest in instrument equipment and leverage analytics to adopt predictive maintenance approaches. Imagine you could also capture the “why” and create strategies to predict and prevent the root causes of failure.

Inventory 67

Inventory Strategy Data Risk 67

ivalua

SEPTEMBER 14, 2022

As global risk factors evolve, organizations could leave themselves unprepared, creating unnecessary disruptions that are largely predictable — and in many cases avoidable,” comments Alex Saric, smart procurement expert at Ivalua. About the research. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

IBM Supply Chain Blog

JULY 10, 2023

Vibration analysis (or vibration monitoring) is a powerful diagnostic tool for identifying, monitoring and preventing mechanical failures in rotating and reciprocating machinery. Velocity sensors measure the velocity of a vibrating object, offering a mid-frequency response ideal for monitoring overall machine health.

Real-time Visibility 57

Real-time Visibility Data Risk Management 57

Una

APRIL 23, 2024

It’s like having a trusty sidekick that can analyze mountains of data, spot patterns, and make predictions or recommendations without needing explicit instructions. Then there’s the resource-intensive task of supplier monitoring.

Supply chain management 52

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

IBM Supply Chain Blog

JUNE 29, 2023

Both KPIs help predict how assets will perform and assist managers in planning preventive and predictive maintenance. Preventive and predictive maintenance Both preventive and predictive maintenance are maintenance strategies used by business leaders to increase asset reliability. First, let’s look at MTBF and MTTR.

Real-time Visibility 84

Real-time Visibility Management Strategy Data 84

Arkestro

FEBRUARY 20, 2024

Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% How does Predictive Procurement Orchestration Work?

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Supply Chain Game Changer

JUNE 2, 2022

Helping Monitor and Improve Product Quality. have created opportunities for manufacturers to use the massive amounts of data they collect to monitor and improve the quality of their products. Technology has made predictive maintenance possible by providing data on which machines need maintenance and which are likely to fail soon.

Data 113

Data Supply Chain Optimization Supply Chain Efficiency Quality 113

IBM Supply Chain Blog

DECEMBER 19, 2023

This type of machine learning is useful in known outlier detection but is not capable of discovering unknown anomalies or predicting future issues. However, data scientists should monitor results gathered through unsupervised learning. This usually helps to make the model’s predictions more accurate.

Supply Chain Optimization 69

Supply Chain Optimization Data Networking supply chain software solutions 69

IBM Supply Chain Blog

AUGUST 8, 2023

By integrating EHS monitoring into their asset maintenance programs, they can self-police, monitoring their emissions and ensuring they stay in compliance. Predictive maintenance takes these activities one step further by using historical and failure data about the asset to predict when it might have a problem.

Sustainable transportation 68

Sustainable transportation Sustainability Supply Chain Optimization Supply Chain Efficiency 68

Spend Matters

JANUARY 29, 2024

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters.

Supply chain resilience 80

Supply chain resilience Supply Chain Efficiency Risk management Risk 80

IBM Supply Chain Blog

OCTOBER 16, 2023

Gartner predicts that 90% of global enterprises will use containerized applications and one in five apps will run in containers by 2026, as CIO reported. Why container monitoring is important Organizations need to monitor the health of their containerized apps and track performance issues, like any other software.

Real-time Visibility 77

Real-time Visibility Import Sourcing Data 77

Spend Matters

JANUARY 2, 2024

Procurement organizations that position themselves as the centralized, go-to source for data, assessments, monitoring and alerts can become trusted partners who can maintain the risk intelligence needed to support the business with insights, trends and a common view of the risks posed across the extended supplier ecosystem.

Risk 77

Risk Suppliers Raw materials Risk management 77

Supply Chain Brain

FEBRUARY 17, 2021

Resilinc Corporation, a global supply chain monitoring, mapping and resiliency solution, recently announced the launch of its Predictive Purchase Order On-Time Delivery solution. The artificial intelligence powered tool predicts how a supplier will perform in the face of disruption by analyzing past events and on-time delivery data.

Purchase orders 74

Purchase orders Purchasing Supply chain Suppliers 74

Una

JANUARY 17, 2023

Technology is streamlining cross-border trade, helping predict demand, and improving speed and efficiency at every stage of the supply chain. Technology is streamlining cross-border trade, helping predict demand, and improving speed and efficiency at every stage of the supply chain. Predictive analytics. Supply chain technology.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

Spend Matters

JANUARY 30, 2023

The more stops in a supply chain, the harder it becomes to track and monitor said goods. Without the effective monitoring of cargo, organizations can misplace products, miss SLAs and lose revenue. The vendor uses AI to monitor cargo as it travels between ocean ports. Portcast exists to help mitigate this problem.

Real-time Visibility 78

Real-time Visibility Supply Chain Visibility Procurement strategies Logistics 78

Una

AUGUST 30, 2022

Modern sourcing experts are more likely to point to Cloud-based , end-to-end procurement platforms, while those on the leading edge will list all sorts of disruptive technologies ranging from predictive AI to machine-learning enabled chatbots, IoT wearables, and more. Digital procurement game-changers.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

IBM Supply Chain Blog

JUNE 20, 2023

Digital twins allow companies to run tests and predict performance based on simulations. With a good digital twin, its possible to predict how well an asset will perform under the conditions it will be subjected to. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 74

Strategy Management Real-time Visibility Import 74

Arkestro

SEPTEMBER 15, 2023

Press Releases / Arkestro Awarded with ISO/IEC 27001 Certification Arkestro Awarded with ISO/IEC 27001 Certification This certification confirms the Information Security Management System (ISMS) supporting Arkestro’s Predictive Procurement Orchestration Platform is in compliance.

Quality 52

Quality Procurement Management Suppliers 52

World of Procurement blog

APRIL 23, 2024

Contract Management Systems By automating contract creation, storage, and monitoring, these systems ensure compliance, reduce risks, and foster better supplier relationships. Risk Mitigation : Advanced analytics and real-time data enable proactive risk management and compliance monitoring.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Contract Management Systems By automating contract creation, storage, and monitoring, these systems ensure compliance, reduce risks, and foster better supplier relationships. Risk Mitigation : Advanced analytics and real-time data enable proactive risk management and compliance monitoring.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

IBM Supply Chain Blog

FEBRUARY 14, 2024

Companies also take advantage of ML in smartphone cameras to analyze and enhance photos using image classifiers, detect objects (or faces) in the images, and even use artificial neural networks to enhance or expand a photo by predicting what lies beyond its borders. Routine questions from staff can be quickly answered using AI.

Real-time Visibility 86

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 86

IBM Supply Chain Blog

FEBRUARY 19, 2024

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. Real-time tracking systems, often enabled by Internet of Things (IoT) devices, help companies monitor their supply chain accurately and immediately.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

IBM Supply Chain Blog

APRIL 22, 2024

We are also working to help organizations become more climate resilient by providing them with the tools needed to predict climate impact. For example, we are working on a geospatial foundation model, which can be fine-tuned to track deforestation, detect greenhouse gases (GHGs) or predict crop yields.

Sustainability 83

Sustainability Data Sourcing Strategy 83

IBM Supply Chain Blog

SEPTEMBER 12, 2023

Observability-driven automation leverages real-time insights from monitoring and telemetry data to inform intelligent automation processes. This synergy enables teams to detect anomalies, predict issues and respond proactively, ensuring continuous service availability and reliability.

Real-time Visibility 69

Real-time Visibility e2e Data Sustainability 69

Procurement Tactics

MAY 23, 2023

The use of artificial intelligence and predictive intelligence is also helpful in managing and reducing the occurrence and impact of the bullwhip effect. These practices can disrupt regular demand patterns, making it difficult to predict future sales. How to Avoid The Bullwhip Effect?

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

IBM Supply Chain Blog

JULY 25, 2023

Sensors and automation devices: These are installed throughout the grid to monitor voltage, current, and load capacity (among other metrics). This software, and the insights it provides, can help providers predict demand patterns, identify potential issues and optimize the distribution network.

Demand 59

Demand Data Networking Sustainability 59

Supply Chain Game Changer

NOVEMBER 7, 2022

Preventive vs Predictive Maintenance – Which is Better? You can use this support to monitor the status of shipments, inventory levels, and customers’ orders. This system uses advanced sensors to monitor equipment status, analyze data, and provide alerts when something goes wrong. Subscribe Here! Email Address.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

Spend Matters

FEBRUARY 13, 2023

Therefore, creating a digital twin of a supply chain to identify, mitigate and monitor risks at all times is of ever-increasing importance for organizations that want to risk-adjust their supply chain. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

Arkestro

AUGUST 9, 2023

Learn about the most innovative predictive procurement technologies with topics to be discussed including: Digital Transformation Using AI/ML and Game Theory to simplify procurement How tools like ChatGPT will transform the procurement landscape Will AI Ultimately replace procurement’s function?

Networking 52

Networking Supply chain Procurement Supply 52

Arkestro

JANUARY 4, 2023

The Arkestro team shares some of their predictions on procurement’s top trends on the horizon. Any procurement team without the SKU-level predictive data foundation to trigger a real-time prioritized list of cost reduction opportunities risks missing out on a substantial value creation opportunity.”. Navigating the Great Resignation.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

IBM Supply Chain Blog

AUGUST 7, 2023

In an ideal scenario, they would be able to, with relative and consistent accuracy, predict performance of clinical trial sites that are at risk of not meeting their recruitment expectations. Ultimately, enabling real-time monitoring of site activities and enrollment progress could prompt timely mitigation actions ahead of time.

Data 57

Data Budget Strategy Risk 57

IBM Supply Chain Blog

OCTOBER 16, 2023

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. GPT-3, OpenAI’s language prediction model that can process and generate human-like text, is an example of a foundation model. Foundation models can use language, vision and more to affect the real world.

Risk 75

Risk Management Ethics Real-time Visibility 75

Procurement Tactics

JULY 14, 2022

Also, they coordinate and monitor all purchases to avoid shortages, breakage, and overcharges. . The main function of a procurement executive is to predict what the customers want to buy. If its prediction is incorrect, then it will negatively affect the profitability of a company. . ENROLL NOW.

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

IBM Supply Chain Blog

MAY 9, 2023

Success in delivering scalable enterprise AI necessitates the use of tools and processes that are specifically made for building, deploying, monitoring and retraining AI models. Consistent principles guiding the design, development, deployment and monitoring of models are critical in driving responsible, transparent and explainable AI.

Ethics 75

Ethics Risk Data Management 75

SCMDOJO

APRIL 24, 2024

For example, the global e-commerce giant Amazon uses AI algorithms to analyze historical sales data, customer behavior, and external factors like weather and holidays to predict demand for millions of products across its vast network of warehouses. Predictive maintenance is one area where advanced analytics is making a significant impact.

Supply Chain Efficiency 57

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 57