IBM Supply Chain Blog

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1.

Supply chain resilience 73

Supply chain resilience Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 73

SCMDOJO

MAY 2, 2024

Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience! Importance of Supply Chain Resilience Resilient supply chains are better equipped to absorb shocks, respond swiftly to disruptions, and recover more efficiently.

Agile and Lean Supply Chain 71

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 71

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua. 212-239-8594.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Geopolitical manipulation on suppliers worldwide adds to the pressure. People just need to get started,” she said.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 52

Jaggaer

MARCH 2, 2020

Research reveals a rise in disruptive incidents deep in the supply chain. What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? of organizations experienced supply chain disruption in 2019 compared to 56.5% Tier Suppliers. Supplier Risk.

Risk 103

Risk Suppliers Management Supply Chain Optimization 103

HICX

SEPTEMBER 19, 2023

So, can brands manage resilience factors, such as costs and compliance, holistically? Supplier expert and HICX’s CEO, Costas Xyloyiannis, says they can. However, beneath every resilience factor, exists a common denominator. However, beneath every resilience factor, exists a common denominator. It’s all about visibility.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

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. The integration of the riskmethods application is a work in progress. GHG, human rights and PFAS).

Supply chain resilience 83

Supply chain resilience Supply Chain Efficiency Risk management Risk 83

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

Risk management 96

Risk management supply chain software solutions Risk Management 96

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Agile and Lean Supply Chain 130

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

Spend Matters

SEPTEMBER 19, 2023

As natural disasters are increasing in frequency and magnitude, the implications for supply chain risk management can be overwhelming. Given that catastrophic events lead to deadly and costly supply chain disruptions, catastrophic risk is at the forefront of operational and supply chain resilience.

Supply chain 101

Supply chain Supply chain resilience Supply Risk 101

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Supply Chain Resilience vs Low-Cost Supply Chain.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Planergy

JANUARY 26, 2023

The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy.

Risk 52

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

Barkers Procurement

FEBRUARY 27, 2023

Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. Water companies need to build greater capability to understand risk.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Risk Supply chain 52

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

HICX

SEPTEMBER 21, 2023

Let’s approach the components of supply chain resilience holistically, suggests HICX’s CEO, Costas Xyloyiannis Although inflation and economic pressures force pharmaceutical brands to watch their pennies, they will do well to avoid tackling cost efficiency as a solo issue. It’s all about visibility. Read full article

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Risk 52

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. Offshoring Offshoring is the opposite of onshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Procurement Templates

SEPTEMBER 14, 2023

Companies that fail to align their operations with sustainability goals risk not only reputational damage but also financial losses as consumer preferences shift toward eco-friendly products and services. Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

ivalua

FEBRUARY 24, 2021

Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. That way you can take steps to mitigate the delay and line up alternative sources of supply.” 3) Optimize Decision-Making.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. The Best Way Forward for 2022.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Procurement Leaders

JUNE 13, 2022

As a public funded project, supply chain transparency is critical. Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Supply Chain Golden Rules .

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Geopolitical manipulation on suppliers worldwide adds to the pressure. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide. Those are three hot topics in the enterprise today.

Supply Chain Efficiency 130

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

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Benefits of Supply Chain Collaboration. Enhanced ethical standards.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

DECEMBER 1, 2023

What do supply chain resilience and adaptability really mean? How do you assess the impact of these changes on procurement strategies and supply chain dynamics , especially concerning alliances, trade, and potential risks? The talent gap has been recurrently discussed in the Italian procurement realm.

Procurement 50

Procurement Supply chain resilience Sustainability Supply chain 50

SCMDOJO

JUNE 6, 2023

This strategy reduces carrying costs, minimizes the risk of stockouts, and can improve cash flow— all thanks to data analytics. Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. This will benefit the entire supply chain.

Supply Chain Optimization 72

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

ivalua

JULY 8, 2020

Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis. Supplier Data Quality & Management in Decision Making. Risk & Performance Management.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. This requires expertise across both people and process aspects, and the ability to build strong relationships with suppliers.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

ivalua

APRIL 8, 2021

Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth. For many organizations, procurement was crucial to keeping supplies flowing during the pandemic and minimizing the impact on profitability. “Now Download the full study*.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130