IBM Supply Chain Blog
JUNE 30, 2023
The industrial sector is facing a perfect storm when it comes to their supply chains: an outdated reliance on manual processes, raw materials demand that will likely outpace supply, as well as potential resource constraints. Ditch manual processes in favor of digitizing and automating supply chain processes.
ivalua
FEBRUARY 27, 2023
Manufacturers have unique insight into the state of global inflation – they’re often hit earlier and harder than other industries by increasing overhead costs, from raw materials prices to wages. Consequently, staying on top of these financial trends gives manufacturers a critical edge in predicting their bottom line.
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Una
OCTOBER 12, 2023
Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.
Strategic Sourceror
OCTOBER 27, 2022
Many of those supply chains remain in rough shape in a variety of respects, from raw materials being hard to come by to staffing shortages. As a recent survey from the National Federation of Independent Business found, close to 50% of small-business owners have more open jobs than they do workers.
Procurement Templates
SEPTEMBER 14, 2023
Life cycle assessments (LCAs) evaluate the environmental effects of a product from raw material extraction to disposal. Here are some evaluation criteria to consider: Environmental Impact : Carbon Footprint : Evaluate suppliers’ efforts to reduce greenhouse gas emissions in their operations, transportation, and supply chain.
Supply Chain Game Changer
MAY 5, 2021
For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. But what do you think?
Arkestro
DECEMBER 12, 2022
And many consumers and advocacy groups are sensitive to the environmental impact of products or raw materials that may be harvested using forced labor. Under the Drug Supply Chain Security Act , any company selling pharmaceuticals in the U.S. Predictive Procurement Supports Supply Chain Resilience and Visibility.
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