IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

supply chain software solutions 86

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

Procurement Tactics

JANUARY 9, 2023

33 Procurement Interview Questions in 2023. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment. Download Whitepaper →. .

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

ivalua

SEPTEMBER 22, 2022

In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. This places limitations on the value that procurement generates for your organization and impacts the resilience and agility of the supply chain.

Agile and Lean Supply Chain 130

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

World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. This reduces administrative costs of procurement. To leverage procurement data and insights by consolidating spend across fewer suppliers.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Templates

SEPTEMBER 14, 2023

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. 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

Procurement Tactics

SEPTEMBER 5, 2022

33 Procurement Interview Questions in 2022. We are sure that many of you have heard the term spot buying. You will know how to use it effectively and avoid any issues that may come when you utilize spot buying. Spot purchasing happens all the time in the business world even if organizations plan their purchases in advance.

Purchasing 130

Purchasing Negotiation Procurement team Procurement 130

ivalua

JULY 7, 2020

Many of us are in a post-covid state of mind, I most certainly am. Of course, the crisis is still very much real, affecting many people and businesses with long-lasting effects. The pandemic is surely one of the greatest affecting the world and for many it has or will be a pivotal turning point. Balancing the Imbalanced.

supply chain software solutions 130

supply chain software solutions Suppliers Procurement Strategic sourcing 130

Una

APRIL 11, 2023

Advantages and Disadvantages of ERP Systems Discover the advantages and disadvantages of utilizing ERP systems to drive efficiencies and cost savings in procurement. An ERP’s strength lies in its centralized database , which integrates various business departments and processes using the same data.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Spend Matters

JANUARY 4, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. And let’s hear from Alex Saric, Ivalua’s Smart Procurement Expert.

Procurement solutions 89

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 89

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . More robust contingency plans that complement current strategies might suffice. .

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

Procurement Software

MAY 21, 2024

Will AI replace procurement professionals in negotiations? It’s one of the fears haunting the corridors of procurement teams right now. Enterprise procurement teams are heavily looking into how AI can assist them. Enterprise procurement teams are heavily looking into how AI can assist them. But, not so fast.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

ivalua

OCTOBER 13, 2022

However, the report, produced by Procurement Leaders in partnership with Ivalua, shows that only 31% of procurement professionals said they are satisfied or very satisfied with their organization’s current visibility over its supply chain. Redwood City, CA, 13 October, 2022.

Supply Chain Efficiency 130

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

Spend Matters

DECEMBER 27, 2023

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. With the advancement in AI, predictive analytics will become more accurate and insightful.

Procurement solutions 64

Procurement solutions Procurement Negotiation Procurement strategies 64

Procurement Heads

MARCH 27, 2023

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

ivalua

JUNE 12, 2020

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.

Collaboration 130

Collaboration Suppliers Innovation Quality 130

Procurement Software

APRIL 16, 2024

Ensuring your procurement team has the optimal blend of procurement training is a challenge. In today’s tough economic environment, could technology enable procurement training to be delivered for less cost and more effectively? Jonathan is the CEO of UK-based procurement training company Positive Purchasing.

Procurement 52

Procurement Budget Procurement team Negotiation 52

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. The world of supply chain management is fast-paced. Hence, leveraging the right technological tools becomes not only beneficial. It is also a means to maintain a competitive edge and operational excellence. However, it goes beyond mere listings.

supply chain software solutions 70

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 70

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Being on par with your top competitors does not give you a true competitive advantage. True advantage comes from doing something strategic differently – better than the rest. Just how can you do that?

Procurement 130

Procurement Sourcing Spend management Innovation 130

Spend Matters

JANUARY 16, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Ron Emma, CEO of Simfoni.

Procurement solutions 76

Procurement solutions Procurement Spend management Supply Chain Optimization 76

SCMDOJO

JUNE 21, 2023

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 90

Procurement Tactics

SEPTEMBER 6, 2022

33 Procurement Interview Questions in 2022. Managing A Procurement Team – Definitive Guide. Managing a procurement team is difficult. You have this new wave of procurement professionals coming your way with different ideals and perspectives due to the generation gap. First Name. Download Free Whitepaper ?.

Procurement team 130

Procurement team Management Procurement Innovation 130

Arkestro

JANUARY 18, 2023

Consumers end up directly using some of these products, but many of the chemicals produced become critical components used by various other industries. Predictive procurement is the key to securing raw materials at the right price and time. This means procurement will need to be innovative. Preparing for challenges is critical.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

IBM Supply Chain Blog

DECEMBER 20, 2023

Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals. A successful AI strategy should act as a roadmap for this plan. What is an AI strategy?

Strategy 77

Strategy Ethics Supply Chain Efficiency Supply Chain Optimization 77

Procurement Software

MAY 14, 2024

Intake and procurement process orchestration is all about managing stakeholders as they navigate through the procurement process. Procurement is an intricate operation, with many moving parts and stakeholders, each playing a critical role in the harmony of your business operations. But, it’s way more than that.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

ivalua

OCTOBER 15, 2019

In my last post , I discussed how to successfully launch a digital Procurement transformation. The true potential value of effective digital transformation requires rapid progress, addressing more processes, more spend and more suppliers. Why do so many Procurement organizations struggle to make progress? Content is king.

Procurement 113

Procurement Suppliers Spend management Import 113

Una

NOVEMBER 30, 2022

Value Creation Through Digital Transformation in Procurement. The recent global pandemic exposed many economic vulnerabilities, not the least of which were weaknesses in many supply chains. Procurement departments are adopting digital sourcing strategies to automate routine processes and fill employment gaps.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

ivalua

AUGUST 28, 2019

In an earlier post , I wrote about the importance and overall success factors involved in digitally transforming Procurement. Virtually every Procurement organization has started or is planning to start this journey, given its importance to meeting Procurement’s ever growing list of objectives. . Let’s start at the top.

Procurement 154

Procurement Budget Leadership Suppliers 154

Supply Chain Game Changer

AUGUST 11, 2022

Keep reading to learn what a bill of materials is, what it includes, and the advantages your manufacturing business gains from using a BOM to define the manufacturing process from start to finish. Many different departments will collaborate on this, and often there are two different kinds of BOMs: An engineering bill of materials (EBOM).

Bill of materials 103

Bill of materials supply chain software solutions Supply Chain Efficiency Quantity 103

Procurement Templates

NOVEMBER 11, 2022

Public procurement of contracts with a full life value of £10 million and above and duration of 12 months and above should be used to support skills development and delivery of the apprenticeship commitment. Timing The provisions of this Action Note will take effect for procurements advertised on or after 1 September 2015.

Procurement 130

Procurement Contract Supply Chain Efficiency Bidding 130

Skill Dynamics

MAY 20, 2024

At Skill Dynamics, we’ve witnessed a strong connection between skill development and supply chain effectiveness. Talented employees are at the heart of any high-performing business. Great workers lead to even better results, so it’s vital that businesses create a culture that both attracts and retains top talent.

Supply Chain Efficiency 52

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

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. It’s no excuse to remain passive, though. Understanding Supplier Risk Management.

Risk management 147

Risk management Risk Suppliers Management 147

Arkestro

JULY 6, 2023

Resources / Blog / Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Procurement 52

Arkestro

MARCH 1, 2024

Resources / Blog / Gartner® Top 4 Predictions for Procurement in 2024 Gartner® Top 4 Predictions for Procurement in 2024 If the last five years have taught procurement professionals anything, it’s that things can change in an instant. No spam, just relevant procurement news and tips. Subscribe to news from Arkestro.

Procurement 52

Procurement Contract Sourcing Negotiation 52

Procurement Heads

MARCH 27, 2023

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130