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. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.
Procurement Templates
JUNE 18, 2023
ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. It can be due to factors such as rising wages, higher raw material prices, or increased taxes. What is inflation?
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Supply Chain Game Changer
AUGUST 24, 2021
Leveraging relevant technology in the supply chain from the moment your suppliers bring in raw materials, during storage of the materials and manufactured products in the warehouse, and distribution of products to the final consumer can increase efficiency, boost production, reduce time wastage and improve business revenues.
Procurement Software
MARCH 5, 2024
Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. It promises to assist with improving buyer and supplier collaboration.
Skill Dynamics
OCTOBER 19, 2023
Their main objective is to ensure that supplier contracts align with the business’s objectives and protect its interests at all times. Include case studies and real-world situations to make the training content relevant and engaging. Strategic planning – vital for matching procurement strategies to overarching organization goals.
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.
Empowering CPO
JUNE 21, 2023
It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights. Additionally, the sheer volume of transactions that large businesses dealt with on a daily basis made manual Spend Analysis highly time-consuming and inefficient.
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