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. We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled.

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Supply Chain Game Changer

SEPTEMBER 14, 2022

Consolidating security technologies is made easier with CNAPP, which also increases visibility into organizational operations and allows for more command over security and compliance issues in the cloud. Better Integration and Earlier Detection Attributed to Raised Visibility. The post 4 Reasons to Consider CNAPP for Your Business!

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SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond.

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Supply Chain Game Changer

MAY 17, 2022

Even before the pandemic occurred, it was standard practice in most companies to have a Supply Chain team that had to react in real time to unforeseen circumstances. I’ve lived through these nightmare scenarios many times, as a high-priced expediter. The result is that they continue to spend all their time fighting fires.

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IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive).

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HICX

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. In his words, “If we don’t have visibility of it, we don’t know where to go at it.”

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Supply Chain Game Changer

OCTOBER 11, 2022

The end to end electronic connectivity of all elements of the Supply Chain, as enabled by an extensive array of exciting new technologies, will define all progression over the next few decades. Digital Supply Chain Journey article originally published on October 11, 2022. Subscribe Here! Email Address. All Rights Reserved.

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Supply Chain Game Changer

NOVEMBER 16, 2022

Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information. In 2022, this became history with procurement automation solutions. All such system-driven and time-bound actions foster a sense of trust. Cost Saving.

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Supply Chain Game Changer

SEPTEMBER 7, 2021

Supply Chain Visibility Has Never Been More Important! The reality though is that the chip constraints will likely continue to impact the automotive market place well into 2022. It takes a long time for chips to make their way through the entire Supply Chain for all nodes, all companies, and for all consumers. Subscribe Here!

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IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Investors: As of 2022, the value of sustainable investment in major financial markets has grown by 1% in the last two years. Inventory positioning: Visibility across your entire network allows you to optimize the fulfillment of each order.

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IBM Supply Chain Blog

FEBRUARY 13, 2024

In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. Solutions like the IBM Sterling Fulfillment Optimizer help teams execute new sourcing decisions in real time to meet fluctuating customer demand.

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Supply Chain Game Changer

APRIL 12, 2022

With the stakes so high it should be no surprise that the very prospect of supply continuity issues can create fear and wreak havoc on the time, focus, and mental well-being of Supply Chain professionals. Even the vaunted Just-In-Time models will fail , as the pandemic has proven. Originally published on April 12, 2022.

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Supply Chain Game Changer

SEPTEMBER 14, 2021

Featuring Our 10 Best Inventory Management Articles! The prospect of having a Just In Time (JIT) Supply Chain system has been the goal of innumerable businesses and industries for decades. And for those who have implemented Just In Time processes it has been the backbone of their entire operating structure. Is JIT past its time?

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Pipefy

FEBRUARY 3, 2023

But while there are key insights that procurement and accounts payable teams can draw from invoices, the invoice processing activities can be tedious, time-consuming, and costly — especially processed manually across siloed systems, disparate legacy solutions, and disconnected processes.

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Supply Chain Game Changer

SEPTEMBER 21, 2021

Is Just In Time Past Its Time? Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Subscribe to Supply Chain Game Changer. Get Our EBOOK HERE.

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Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. It promises to assist with improving buyer and supplier collaboration.

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Procurement Software

JUNE 20, 2023

We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market. SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform.

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Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. Fifty-one percent of all companies surveyed for the PwC 2022 Global Economic and Fraud Survey say they experienced fraud in the past two years, the highest level in PwC’s 20 years of research.

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Zycus Cognitive Procurement

MARCH 25, 2021

Although e-Invoicing is not a new technology, its relevance has grown multi-fold in recent times. Hong Kong and Malaysia have also made significant progress on this front already, and nations like Japan, the Philippines, Vietnam, South Korea are planning to launch their e-Invoicing mandates by the end of 2022.

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IBM Supply Chain Blog

MAY 17, 2023

billion in 2022 to USD 47.38 It promises end-to-end solutions to manage and monitor a fleet of drones, runs inspection missions to capture high-quality data, accesses inspection reports and derives actionable information through AI-driven analytics—all through a single platform.

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Pipefy

JULY 24, 2024

According to Deloitte , 44% of companies that use at least 11 automations in a business process management capacity are implementing end-to-end automation. The common consequences are excessive errors and rework, decreasing process lead time, productivity, and employee engagement.

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IBM Supply Chain Blog

SEPTEMBER 27, 2021

Give shoppers more time during the busiest time of year, especially the procrastinators and last-minute shoppers, by extending your store hours. This reduces delivery time and allows you to market the products as “local”. trillion dollars in 2022. Hone in on your most popular items. IBM Sterling.

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IBM Supply Chain Blog

AUGUST 1, 2023

These capabilities help identify and block advanced threats like ransomware and cyberattacks in real-time on any type of endpoint. The number of apps keeps increasing and makes it hard for the IT team to manage and protect, and this may lead to patching being a full-time job. ” What is risk-based application patching?

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Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

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Pipefy

MARCH 6, 2023

BPT is also synonymous with digital transformation, which is the growing “appetite for investment and the pursuit of this shift to digital ” at every level of a business and across all end-to-end processes. It takes time and requires a change management plan that prioritizes not only the technology but also the people involved.

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Pipefy

JANUARY 11, 2023

Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%). Time-consuming invoice reconciliation (28%).

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Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. 2% of managers apply best practice decision methods.

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HICX

AUGUST 4, 2022

We took the opportunity at World Procurement Congress 2022 to ask leading practitioners and supplier experience experts for their thoughts on what this means for how we work with suppliers and the importance of understanding the suppliers’ perspective. The tightening of the regulatory framework.

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Procurement Software

JANUARY 23, 2024

At the same time, it also provides AI-powered management of contractual obligations and deliverables. End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. It simplifies contracts, making them easy to understand, manage and interact with.

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Procurement Software

MAY 16, 2023

The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. CEO Frank Schmidt was a guest on the podcast in April 2022. They are not an end-to-end procurement software suite.

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IBM Supply Chain Blog

FEBRUARY 16, 2023

The macro-environment favors steady long-term focus and growth The Inflation Reduction Act of 2022 puts pressure on companies to reduce drug and device prices in the USA, causing pharma to leverage technology to drive cost efficiencies and maintain margins. ” Supply chain sustainability also ranks among the highest priorities for CEOs.

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IBM Supply Chain Blog

AUGUST 15, 2023

Drawing Insights from Real-Life Cases, a leading cryptocurrency exchange faced the challenge of optimizing observability costs while maintaining the necessary insights into its systems. how much time and resources are developers spending). Our customers have been able to achieve tangible results using real-time observability.

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