IBM Supply Chain Blog

MARCH 25, 2024

With content demands expected to grow in the next few years, organizations need to create more content at a faster pace to meet customer expectations and business needs. Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain. Can they trust the AI will operate in a secure way?

Supply Chain Optimization 106

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 106

ivalua

DECEMBER 6, 2022

Of course, I can only agree with their insights and the critical role of Procurement in solving business and societal problems, but one process is often overlooked. Of course, I can only agree with their insights and the critical role of Procurement in solving business and societal problems, but one process is often overlooked.

e2e 130

e2e Suppliers Procurement Contract 130

Procurement Heads

APRIL 26, 2023

Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum. The function is split between business-facing, supply-facing, and enabling teams.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum. The function is split between business-facing, supply-facing, and enabling teams.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Barkers Procurement

MARCH 14, 2023

Whether you’re a business in the private sector or a department in the public sector, tech is an important part of the outfit. It’s expensive as well, so it’s essential to at least consider investing in the expertise of an IT procurement consultancy to help you get things right. Identify your requirements Do you need a new system?

Procurement strategies 59

Procurement strategies Strategy Procurement Suppliers 59

Procurement Tactics

JULY 17, 2022

After reading this article, you will learn how to use procurement synonyms in your profession or business. The following are examples of the words that nearly mean the same as the word procurement: Acquisition/acquire. All of these words have the same meaning as the word procurement. What is the synonym of procurement?

Procurement 130

Procurement Negotiation Purchasing Supply Chain Optimization 130

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Using a variety of synonyms can help to enrich communication, eliminate redundancy, and broaden your vocabulary.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

ivalua

SEPTEMBER 19, 2022

Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Yet business leaders have a choice as to the nature of this disruption.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Una

MARCH 6, 2024

Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. This means they can benefit from the expertise of external pros while focusing on what they do best.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Barkers Procurement

MARCH 14, 2023

Whether you’re a business in the private sector or a department in the public sector, tech is an important part of the outfit. It’s expensive as well, so it’s essential to at least consider investing in the expertise of an IT procurement consultancy to help you get things right. Here are 10 reasons why. Do you need a new service?

Procurement strategies 52

Procurement strategies Strategy Procurement Suppliers 52

IBM Supply Chain Blog

NOVEMBER 6, 2023

In a tightening economy, small and medium businesses (SMBs) are challenged to grow while protecting thinning margins. Compared to large businesses, SMBs have fewer resources to help them weather an economic downturn or diversify into new value streams. Data-driven personalization is essential in today’s business environment.

Price 112

Price Data Purchasing Sourcing 112

Procurement Heads

MARCH 2, 2023

We last spoke in deepest darkest Covid, so a lot has changed since then, in general in both the consultancy world and in procurement. Consultancy has changed quite a lot if I am honest. Is this good for unlocking a new talent pool that perhaps wouldn’t consider management consultancy before? That has been good.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply chain 130

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

JANUARY 25, 2024

In mathematical language: the wider your variance, the more standard your mean. So, it’s not just volume, but diversity that improves predictions. Today, a tiny homogeneous group of people determine what data to use to train generative AI models, which is drawn from sources that greatly overrepresent English.

Import 91

Import Ethics Risk Data 91

Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. Should smaller organizations stay in their lane and concentrate on day-to-day tactical sourcing?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Supply Chain Game Changer

APRIL 25, 2022

8 Ways to Improve Your Warehouse Fulfillment Efficiency! Is your manufacturing business not operating to the levels you’re expecting? Are you looking for ways to increase your returns and profits? This post will discuss tips you can adopt to attain manufacturing business efficiency. Subscribe Here!

Supply Chain Efficiency 106

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials Supply Chain Optimization 106

Planergy

OCTOBER 26, 2023

How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. But do you know how quickly your company is doing that?

Inventory 52

Inventory Supply Chain Efficiency Purchasing supply chain software solutions 52

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors.

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 84

Una

AUGUST 17, 2022

This guide also covers three key reasons why it’s worth getting your tail spend under control, and show you five ways to effectively manage your tail spend. Cat’s aren’t your thing? (We This shape represents your entire procurement spend. It's decentralized by buyers in the business (not procurement people).

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Supply Chain Game Changer

NOVEMBER 24, 2022

How Solar Improves Sustainability in Supply Chain! An energy grid consists of complex electrical systems that generate energy from various sources to quickly restore power after energy disturbances. Therefore, reducing energy grid reliance by looking for other means to generate and use electricity is important.

Supply Chain Efficiency 67

Supply Chain Efficiency Supply chain Sustainability Sourcing 67

Planergy

AUGUST 21, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. How AP can improve relationships with your key suppliers. How AP can improve relationships with your key suppliers.

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

IBM Supply Chain Blog

JULY 26, 2023

The emergence of generative AI and foundation models has revolutionized the way every business, across industries, operates at this current inflection point. This not only transforms HR processes and enhances business operations, but also empowers HR professionals to innovate and focus on higher value work.

Ethics 71

Ethics Strategy Data Business strategy 71

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. Whether you’re an SME, a mid-market business or a large enterprise, there is now almost certainly something on the market that meets your needs and fits your budget. We’d all like the latest digital procurement tools.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

Una

JULY 3, 2023

By Hugo Britt | July 6, 2023 Search Search Some leadership experts argue that when you reach a certain level of seniority, the skillsets you’ve gained over the course of your career fade into irrelevance to be replaced by generic leadership skills that are indistinguishable and interchangeable across professions.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

ivalua

NOVEMBER 14, 2019

Use these eight tips to optimize your SMD for smoother processes, more accurate information and better business value. The advice comes from this report: “ Gartner Supplier Master Data: Gain Control Over Your Supplier Master Data Before It’s Too Late.” Tip #1 – Use holistic data modeling to optimize organizational needs.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

NLPA (Next Level Purchasing Association)

SEPTEMBER 13, 2021

The obvious first step in figuring out who can bid on your requirements is determining who you do business with today. In either case, manipulate your data dump to determine which suppliers you are currently using. Finding new sources. There are many sources available for finding potential new suppliers.

Supply market 52

Supply market Bidding Supply Suppliers 52

Procurement Leaders

MAY 30, 2022

As well as helping to create a more equal society, this can also drive improvements in resilience and innovation, and enhance a company’s attractiveness to clients with similar social goals. However, this posed a challenge for CBRE’s Global Workplace Solutions (GWS) UK procurement team, because of its decentralised nature. What is GWS?

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

The Procuretech Podcast

MAY 30, 2023

In this episode of the ProcureTech Podcast, host James Meads is joined by Joël Collin-Demers, Principal Consultant at Pure Procurement. Joël has been working in procurement and sourcing for over a decade and now runs his own business. Mindset of your team and stakeholders Having a C-level sponsor.

Procurement 40

Procurement Budget Change management Import 40

Procurement Software

JULY 25, 2023

So, you’re about to embark on a digital procurement transformation in your organization. You’ve read lots of articles, listened to a few of the best procurement podcasts , maybe been to a conference or two , and networked with some of your peers. So, you’re well informed and ready to set out on your journey. Well, not quite.

Procurement 52

Procurement Budget Data Suppliers 52

IBM Supply Chain Blog

JUNE 23, 2023

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives.

Data 66

Data Strategy Collaboration Ethics 66

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As

Procurement solutions 88

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 88

Una

JUNE 15, 2023

10 Procurement Outsourcing Services Explore ten procurement outsourcing services available to help your sourcing function save more money, time, and effort. The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

Planergy

DECEMBER 25, 2023

How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

IBM Supply Chain Blog

OCTOBER 10, 2023

Generative AI has taken the business world by storm. From helping your customers understand credit card rewards and helping them apply, to offering your employees information about time off policies and the ability to seamlessly book their vacation time. These search engines are reliant on keywords and human feedback.

Innovation 90

Innovation Data Quantity Risk 90

Planergy

JULY 18, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. How AP can improve relationships with your key suppliers. How AP can improve relationships with your key suppliers.

Import 52

Import supply chain budgeting Inventory Budget 52

Planergy

DECEMBER 22, 2023

How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Can You Lower Your DSO? Should You Calculate the DSO Value for Your Business?

Inventory 52

Inventory Purchasing Import Spend management 52