IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

Procurement Tactics

JULY 4, 2023

The model is also used to compare the actual cost of production to the estimated cost and to identify areas where costs can be reduced. It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Tactics

MAY 30, 2023

Their primary responsibilities include negotiating with suppliers to obtain favorable terms and prices, ensuring the quality and timely delivery of goods and services, and managing the procurement process from start to finish. This is a crucial responsibility as it helps the organization to reduce costs and increase profitability.

Management 178

Management supply chain budgeting Procurement Negotiation 178

Supply Chain Dive

AUGUST 8, 2023

Persistent labor shortages and inflation have led initially budgeted project costs to increase from the agreed upon price, one source told K-12 Dive.

supply chain budgeting 83

supply chain budgeting Budget Supply chain Price 83

Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

IBM Supply Chain Blog

JUNE 30, 2023

Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Many water utilities are struggling to obtain computer chips for their water trucks, as well as other vital daily supplies. Visibility.

e2e 63

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 63

Supply Chain Brain

FEBRUARY 7, 2022

Dynamic pricing can soon become a reality for last-mile deliveries. By adding dynamic pricing to dynamic routing, a carrier can reduce costs and save time and provide more accurate pricing based on demand.

Price 69

Price Demand 69

SCMR (Supply Chain Management Review)

SEPTEMBER 1, 2023

When it comes to freight pricing, there’s no excuse for shippers or carriers to fly blind. The capability exists to understand the factors that drive pricing and monitor them in real time.

Budget 81

Budget Price 81

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

Supply Chain Game Changer

SEPTEMBER 7, 2022

Subscribe to Supply Chain Game Changer. 5 Ways to Reduce Fleet Management Costs! These businesses are saving money by leasing their vehicles instead of buying them, and they’re also enjoying improved supply chain management due to their increased mobility and flexibility. Effective Fleet Management.

supply chain budgeting 91

supply chain budgeting Supply Chain Efficiency Supply chain Supply 91

Let's Talk Supply Chain

FEBRUARY 19, 2024

 Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. Today John Delligatti, Director of Digital Supply Chain Transformation at SDI, joins me to talk all about SDI’s purpose-built ZEUS technology.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Game Changer

JUNE 23, 2021

Subscribe to Supply Chain Game Changer. Bitcoin price drop article and permission to publish here provided by Jean Nichols. This is quite shocking to see how one news about bitcoin can adversely affect its price. Any current event or news are the major factors that affect bitcoin’s price. Subscribe Here!

Price 65

Price supply chain budgeting Supply chain Budget 65

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 89

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

Strategic Sourceror

JULY 12, 2022

From beef and pork products to eggs and chicken breasts, food prices have skyrocketed across the board due to a variety of factors, the combination of which has created a perfect storm for buyers' budgets. Even cooking oils are costing less than they have in the past. Brought to you by the StrategicSourceror.

Price 57

Price supply chain budgeting Export Strategic sourcing 57

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. The use of AI in logistics is becoming an essential element of supply chain management as the industry becomes more complex as it is.

Logistics 193

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

Strategic Sourceror

NOVEMBER 23, 2022

Supply chains abhor unpredictability, and throughout much of the past year, inflation has made unpredictability a regular occurrence, a reality that has affected how product-based businesses respond to demand from their customers as their budgets get stretched to the limit. population — was up 7.7%

supply chain budgeting 62

supply chain budgeting Supply chain Supply Budget 62

Strategic Sourceror

OCTOBER 27, 2022

Relative to years past, however, deals on food and beverages are few and far between, and an underperforming supply chain is part of the reason why. But it's also due to grocers not having enough merchandise in the pipeline to accommodate price cuts. Demand remains elevated Exacerbating limited supply is robust demand.

supply chain budgeting 62

supply chain budgeting Supply chain Supply Budget 62

Sourcing and Supply Chain

NOVEMBER 19, 2022

Logistics has been an indispensable part of the Supply Chain, generally known and seen as a cost centre. Organizations and Nations have been deploying strategies to reduce logistics costs to a minimal percentage of the total material and supply chain costs globally.

supply chain budgeting 98

supply chain budgeting Supply chain Logistics Supply 98

Supply Chain Brain

JANUARY 13, 2021

Global food prices reached a six-year high in December and are likely to keep rising into 2021, adding to pressure on household budgets while hunger surges around the world.

Price 102

Price Budget 102

Strategic Sourceror

NOVEMBER 16, 2022

The mitigation measures dining establishments were forced to impose, like social distancing and use of face masks, created massive supply chain and operational challenges for all involved — many of which continue to this day. These factors include higher food costs, overhead-related expenses (e.g. electricity, rent, etc.)

supply chain budgeting 102

supply chain budgeting Supply chain Supply Strategic sourcing 102

Strategic Sourceror

JANUARY 20, 2023

Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. According to the U.S. over the previous 12 months.

supply chain budgeting 62

supply chain budgeting Raw materials Supply chain Supply 62

ivalua

JULY 11, 2022

The release includes a broad set of innovations to empower Procurement and Supply Chain leaders to improve collaboration among internal stakeholders and suppliers, proactively mitigate supplier risk and performance issues, gain efficiency and visibility in contracting and improve guidance and effectiveness across procure-to-pay. .

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

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

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction. What is a procurement strategy?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

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. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

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. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

SCMDOJO

JULY 7, 2023

However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

Supply Chain Efficiency 99

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 99

Supply Chain Collaborator

AUGUST 17, 2018

After all, when it has to be there on time and lead time is already short, simply finding a carrier willing to move the freight at any price can seem like a win. While you can’t completely avoid premium pricing when shipping via the spot market, you can certainly take steps to ensure you’re paying the lowest premium the market will bear.

Budget 100

Budget Competitive bidding Bidding Logistics 100

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

SCMDOJO

JUNE 7, 2023

The supply chain industry has been evolving rapidly since the pandemic outbreak. To stand out from the rest and succeed both in supply chain and operations management, you need to walk the extra mile. Let’s learn how language is an important skill in supply chain and operations management.

supply chain budgeting 74

supply chain budgeting Supply Chain Efficiency Import Supply chain 74

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Insights

DECEMBER 6, 2023

One of the advantages of being around for 40-some years is that I have garnered considerable knowledge and experience from all sides of the procurement/supply chain world. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

Raw materials 62

Raw materials Price supply chain budgeting Supply Chain Efficiency 62

Procurement Templates

MARCH 3, 2024

Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Budget Analysis : Evaluating the available budget and financial resources is crucial to ensure that the procurement activities align with the organization’s financial capabilities.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

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

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Getting the right amount of products at the right price. Without them, it will be more difficult to manage spending, control budgeting, vet your suppliers, and do what you need to do to get the most out of your procurement process. appeared first on Supply Chain Game Changer™.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. How to Use Data in Procurement?

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52