IBM Supply Chain Blog

JANUARY 22, 2024

However, GDPR compliance is not necessarily a straightforward matter. The stakes are high, and the GDPR imposes significant penalties for non-compliance. The GDPR doesn’t only apply to businesses using customer data for commercial purposes. The company processes data on behalf of a company based in the EEA.

Data 89

Data Risk Influencing Contract 89

IBM Supply Chain Blog

FEBRUARY 5, 2024

By strategically combining technology in these areas, organizations can enhance their ability to embed security, drive risk mitigation, enable continuous monitoring, ensure adaptive business continuity, foster interoperability, and streamline governance.

e2e 74

e2e Data Risk management Risk 74

IBM Supply Chain Blog

MARCH 4, 2024

We have all been witnessing the transformative power of generative artificial intelligence (AI), with the promise to reshape all aspects of human society and commerce while companies simultaneously grapple with acute business imperatives. times higher ROI.

Innovation 107

Innovation Data Risk Strategy 107

IBM Supply Chain Blog

AUGUST 18, 2023

DORA and other regulations focus on operational resilience, which is the ability to provide reliable and secure services to customers to address regulatory compliance and cybersecurity challenges. This is where new solutions with cyber resilience become part of the picture. What is cyber resilience? What is cyber resilience?

Data 81

Data Strategy Risk management Risk 81

IBM Supply Chain Blog

FEBRUARY 23, 2024

Yet many organizations still struggle to meet compliance requirements, and EU data protection authorities do not hesitate to hand out penalties. Even the world’s biggest businesses are not free from GDPR woes. However, it gives businesses some leeway in how they enact those rules. Irish regulators hit Meta with a EUR 1.2

Data 83

Data Inventory Risk Contract 83

Procurement Tactics

JANUARY 23, 2023

Improved Planning By using a transport management system, businesses can greatly improve the way that their transportation plans are made. With a technologically advanced transport management system at their disposal, businesses have all they need to achieve lucrative outcomes through improved planning.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

IBM Supply Chain Blog

FEBRUARY 22, 2024

We strongly believe the influx of data associated with AI will fuel tremendous business innovations, but requires strategic considerations, including around where data resides, data privacy, resilience, operational controls, regulatory requirements and compliance, and certifications. And our work doesn’t stop there.

Data 80

Data Innovation Risk Demand 80

IBM Supply Chain Blog

NOVEMBER 7, 2023

Recent advances in areas like AI and quantum computing offer transformative potential for businesses, but may also bring new risks and security challenges. As organizations look to keep up with these changes, they need a solution built to address the unique needs of their industry.

Data 86

Data Risk Innovation Strategy 86

IBM Supply Chain Blog

DECEMBER 18, 2023

As enterprises look to address these requirements and achieve growth while adopting innovative AI and hybrid cloud technologies, IBM will continue to meet clients wherever they are in their journeys by helping them make workload placement decisions based on resiliency, performance, security, compliance and cost.

Innovation 70

Innovation Supply Chain Efficiency Data Supply chain 70

IBM Supply Chain Blog

AUGUST 3, 2023

IBM Cloud provides a powerful solution with its Infrastructure as Code (IaC) capabilities and the adoption of a shift-left approach to compliance. With IaC, infrastructure deployments become repeatable, version-controlled and easily auditable.

Collaboration 72

Collaboration Risk Management Strategy 72

Spend Matters

NOVEMBER 20, 2023

In this Spend Matters Vendor Analysis, we give an overview of Exiger, a solution built to reduce risks in supply chains. Exiger enables customers to cover a range of use cases, from risk detection and mitigation to multi-tier supply chain mapping, material price benchmarking, reporting and compliance with legal regulations.

Risk management 81

Risk management Risk Supply chain Management 81

IBM Supply Chain Blog

NOVEMBER 8, 2023

The supply chain plays a pivotal role in delivering goods and services to both businesses and consumers, serving as the connective thread between industries, nations, communities and all components of the value chain. This process entails gathering new data, identifying existing challenges, and taking the necessary steps to ensure compliance.

Supply Chain Efficiency 115

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 115

IBM Supply Chain Blog

JANUARY 12, 2024

Cloud-hosted AI services demand the transfer of sensitive information to external servers, which can raise questions about data ownership, jurisdiction and control. The global nature of cloud providers introduces a complex web of compliance challenges as data protection laws differ across regions.

Data 104

Data Innovation Import Demand 104

Spend Matters

FEBRUARY 26, 2024

Part of the ‘tail spend challenge’ relates how much effort it can take to understand it, acquire sufficient visibility and ‘data quality’ and address it with SxM and sourcing solutions. Part 1 of this Vendor Analysis provides an overview of Fairmarkit’s sourcing solution, an overall SWOT analysis and a list of key competitors.

Market analysis 96

Market analysis Sourcing Spend management Purchasing 96

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

MARCH 27, 2023

This is a massive and unstoppable inflection point that will both rock and revolutionise how a business processes its Invoices. Whether we’re prepared or not, this game-changer will completely reshape how businesses handle their AP operations. The time is now – let’s get an action plan together!

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

IBM Supply Chain Blog

APRIL 22, 2024

It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements. Secure and compliant: Deployable architectures on IBM Cloud® are secure and compliant by default for hosting your regulated workloads in the cloud.

Management 69

Management Demand Risk Strategy 69

Spend Matters

JANUARY 4, 2024

This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them. And let’s hear from Alex Saric, Ivalua’s Smart Procurement Expert.

Procurement solutions 94

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 94

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. For example, the IBM Sterling Transaction Manager automates manual transactions between businesses and suppliers. They instead focus on continuous improvement.

Sourcing 105

Sourcing Strategy Supply Chain Efficiency e2e 105

IBM Supply Chain Blog

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. You can read more about preparing for the FSMA here or try our FSMA 204(d) compliance module for free. You can read more about preparing for the FSMA here or try our FSMA 204(d) compliance module for free.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Procurement Tactics

JANUARY 2, 2023

This may be beneficial but it is the simplest solution that proves to be efficient. . The final decision of the systems you will adopt should first and foremost serve your business, only adjusting to supplier requirements when it has no negative impact on your business. . Integrate suppliers into your compliance system.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Finale Inventory

FEBRUARY 15, 2024

Warehouse labeling can seem like a tedious aspect of inventory control, but it can have a huge impact on your warehouse operations. Industry-Specific Labeling Concerns Now, let’s talk about safety and compliance. Your warehouse will be the height of productivity, and you’ll be the master of optimized inventory control.

Inventory control 102

Inventory control Inventory Real-time Visibility Warehouse optimization 102

IBM Supply Chain Blog

OCTOBER 24, 2023

Organizations need simplified, integrated and automated solutions to help optimize IT spend, improve operations and drive greater financial returns. Enterprise Agility: Aligning business and IT goals for increased adaptability and the development of new capabilities. This led to a 16% cloud spend savings.

Collaboration 84

Collaboration e2e Budget Leadership 84

IBM Supply Chain Blog

MAY 26, 2023

Cloud is transforming the way life sciences organizations are doing business. Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability.

Data 80

Data Innovation Networking Management 80

Barkers Procurement

OCTOBER 9, 2023

Challenge Solution Results Challenge The client faced three distinct challenges: Limited resource capacity within their existing Procurement and technical functions to provide the level of governance and transformational support needed. Deployment of Technical Architects; all Subject Matter Experts within the clients chosen ERP environment.

Real-time Visibility 52

Real-time Visibility Project management Change management Risk management 52

IBM Supply Chain Blog

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. As enterprises scale infrastructure and systems to manage sensitive data and complex workloads, they must rely more on an ecosystem of partners to help them enhance their security and compliance without impacting performance and resiliency.

Data 92

Data Agile and Lean Supply Chain Collaboration Risk 92

Procurement Tactics

AUGUST 19, 2022

Vendor management best practices are utilized to boost business growth and productivity. It takes appropriate measures to control costs, reduce potential supplier risks, and ensures excellent service deliverability from vendors. . It includes data security, intellectual violations, compliance issues, and lawsuits.

Vendor management 130

Vendor management Management e2e Negotiation 130

Pipefy

JUNE 27, 2023

Complying with laws that regulate issues such as data security and labor has become increasingly important in business. In addition to heavy fines, non-compliance with these laws can also result in criminal liability. This practice is essential for the smooth operation of businesses, regardless of industry.

Risk management 52

Risk management Risk Quality Data 52

IBM Supply Chain Blog

MAY 24, 2023

As the industry navigates these complex consumer dynamics, it is poised to uncover new opportunities and innovative solutions to cater to the diverse needs of this ever-evolving market. Now, they are taking their business to the next level. Looking ahead Diageo partnering with IBM and SAP marks an exciting step forward.

Collaboration 86

Collaboration Demand Data Suppliers 86

IBM Supply Chain Blog

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Risk management 80

Risk management Risk Data Import 80

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 74

Una

MARCH 30, 2023

Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges. After all, the reason most organizations decide to create a procurement function in the first place is to bring control and order to the costs of doing business.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

IBM Supply Chain Blog

NOVEMBER 30, 2023

Cybersecurity is everyone’s business—as it should be, given the staggering surge in cyberattacks. This is creating more attack opportunities and vulnerabilities for businesses than ever before. These attacks have an exponentially ascending impact on the reputation and bottom line of businesses.

Strategy 73

Strategy Data Risk Sourcing 73

IBM Supply Chain Blog

DECEMBER 12, 2023

Additionally, more than 80% of the interviewed CEOs say sustainability investments will drive better business results in the next five years. This study underscores the transformative potential of aligning businesses with sustainable practices. It emphasizes the multifaceted benefits to businesses, society and the environment.

Management 77

Management Sustainability Strategy Strategic planning 77

IBM Supply Chain Blog

DECEMBER 19, 2023

As practices like DevOps , cloud native , serverless and site reliability engineering (SRE) mature, the focus is shifting toward significant levels of automation, speed, agility and business alignment with IT (which helps enterprise IT transform into engineering organizations). Those objectives require a target operating model.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Real-time Visibility 72

IBM Supply Chain Blog

SEPTEMBER 18, 2023

It is clear to us that change remains a constant within financial services, and organizations must be prepared to adapt to evolving compliance requirements on the safety, soundness, efficiency and resiliency of payment market infrastructures put forth by regulators.

Risk 78

Risk Risk management Management Innovation 78

IBM Supply Chain Blog

DECEMBER 1, 2023

The fast-paced business world we live in today requires smart tools to manage a business’s operations and everyday needs. Enterprise resource planning (ERP) is a business management software built to do just that. Some ERP software providers may also provide industry-specific ERP solutions or modules.

supply chain software solutions 95

supply chain software solutions Supply Chain Optimization Data Management 95