Supply Chain Brain

FEBRUARY 21, 2024

Future-proofing supply chains to manage risk, boost real-time visibility, enhance sustainability, deploy AI effectively, and promote end-to-end collaboration is critical. The global economy is slowly recovering, but volatility remains a constant. Tick-tock…

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e2e Real-time Visibility Supply chain Supply 94

IBM Supply Chain Blog

APRIL 27, 2023

The impacts of data challenges are becoming visible to company stakeholders, with consumers making purchasing — and even employment — decisions based on a company’s progress toward their ESG goals. Those who have committed to closing the green gap have embraced sustainability-focused processes and are reaping the benefits.

Sustainability 83

Sustainability Real-time Visibility Data Strategy 83

IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.

Supply Chain Efficiency 115

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 115

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. By adopting a TCO mindset, organizations can make more informed decisions that contribute to long-term financial sustainability.

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Strategic sourcing Strategic sourcing Sustainability Sourcing 52

ivalua

DECEMBER 3, 2021

In recent years, sustainability has increasingly become a top priority for many organisations. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. 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. Visibility. However, maintenance inventory optimization is only part of the solution.

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

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

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

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Sourcing Strategy Supply Chain Efficiency e2e 102

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. Benefits of Investing in Supply Chain Visibility To address these challenges, businesses are increasingly turning to supply chain visibility solutions.

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Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

IBM Supply Chain Blog

MARCH 16, 2023

Today’s shopper is eminently conscious and willing to pay a premium for sustainable, conscious fashion that helps make a positive contribution to the environment and promotes fair labor practices. This signals a huge opportunity for fashion brands to deliver clothes, shoes and accessories that are made sustainably.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

IBM Supply Chain Blog

SEPTEMBER 15, 2023

Globally, there has been an uptick of landmark regulations forcing companies to address sustainability issues like climate change, and to disclose the work they are doing to address these issues. For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. In parallel, the U.S.

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Sustainability Real-time Visibility Data Risk 77

Finale Inventory

APRIL 18, 2024

There’s a lot involved in sustaining continuous sales on Amazon beyond just having products listed on the world’s largest marketplace. To set your Amazon business up for success, one of the main areas to focus on is inventory: the flow, the costs, the timing of it all.

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Inventory Real-time Visibility Strategy Demand 52

Supply Chain Game Changer

JULY 14, 2021

Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Sustainability is fundamentally centered around the act of conservation. Subscribe to Supply Chain Game Changer. Procurement is Committed.

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Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

EazyStock

AUGUST 28, 2023

Like many businesses, they were grappling with manual inventory processes, which they knew weren’t sustainable. The game-changer: Intelligent inventory solutions Enter the game-changer – cutting-edge data-led inventory management system, EazyStock.

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Real-time Visibility Inventory Data Management 52

Procurement Tactics

MAY 22, 2023

The goal of integrated logistics is to optimize the entire supply chain by minimizing costs, improving efficiency, and ensuring timely delivery of products to customers. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. Advantages of Integrated Logistics 1.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. I am not going to catalogue all the reasons why embedding effective sustainability in an organization is so vital.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Procurement Tactics

JUNE 19, 2023

Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.

Logistics 193

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

Supply Chain Collaborator

JUNE 4, 2020

For good or for ill, truck drivers seem to always play an integral role during these challenging times, serving as a flash point for the consciousness of America. Perhaps due to this dedication to keep cargo moving in spite of any obstacles, there is a pattern of drivers being caught in the crossfire during times of civil distress/unrest.

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Real-time Visibility Logistics Sustainability Price 108

IBM Supply Chain Blog

FEBRUARY 19, 2024

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. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

supply chain software solutions 86

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

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

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Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JULY 20, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands.

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supply chain software solutions Suppliers Management Real-time Visibility 134

Let's Talk Supply Chain

DECEMBER 24, 2023

Ashley and I sat down to talk about some of the ways organizations can level up, create visibility, achieve agility and drive sustainability in the supply chain. This week, I was joined by good friend of the show, and VP and Supply Chain Strategist at Sleep Number Corporation, Ashley Yentz.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 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. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

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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. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

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.

Supply Chain Efficiency 112

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 112

Let's Talk Supply Chain

OCTOBER 23, 2023

Today Peter Gowanlock, VP of Freight Solutions at KNNX, will be telling me all about KNNX and what they do; bringing the benefits of blockchain to supply chain; using technology to facilitate collaboration; and solving the challenge of visibility and information sharing for organizations. He holds a B.Sc. 15.41] The ideal client for KNNX.

Supply Chain Efficiency 59

Supply Chain Efficiency Real-time Visibility Supply chain Supply 59

IBM Supply Chain Blog

JUNE 30, 2023

When it comes to the latter, retail leaders are also facing new government regulations that make sustainability promises a must-have rather than a nice-to-have. The good news is that sustainability and profitability go hand-in-hand, especially in the retail supply chain. Simple: communicate! Checking all these boxes is no small feat.

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Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 62

Procurement Tactics

MAY 31, 2023

Inventory control helps to avoid the various costs associated with purchasing excessive inventory and the strains of operating without sufficient inventory. If a company can lower inventory, it may discover new funds available for expansion or profits. Thus, learning how to control warehouse inventory is essential.

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Inventory control Inventory Real-time Visibility supply chain budgeting 174

ivalua

JUNE 29, 2022

In recent years, sustainability has increasingly become a top priority for many organizations. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

MAY 30, 2022

Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . 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

IBM Supply Chain Blog

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Sustainability Together with traceability and transparency comes sustainability—and 60% of CEOs say they’re already feeling pressure to be more transparent about their organization’s sustainability performance.¹

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

Procurement Tactics

JULY 23, 2023

The main goal of last mile logistics is to ensure that goods or services ordered by customers are delivered efficiently and on time. This tracking system enables real-time updates on the shipment’s whereabouts and estimated delivery time.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Procurement Tactics

JUNE 8, 2023

Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. ChatGPT & AI in Procurement Course Unleash the power of ChatGPT & AI within procurement Periodic Inventory System: What is it? Incorporating a periodic system into a business requires not much time and effort.

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Inventory Real-time Visibility supply chain software solutions Quantity 192

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Those are three hot topics in the enterprise today. To do so, we need to get creative and curious.”

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy. Written by.

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

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

SupplyShift

JUNE 5, 2023

Chart your path to supply chain transparency Despite innovations in supply chain technology, visibility still presents major challenges for businesses looking to achieve their sustainability goals. REAL-TIME INTELLIGENCE Supplier data populates your map in real-time to instantly provide sourcing insights.

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Real-time Visibility Supply Chain Efficiency Supply chain Suppliers 52