IBM Supply Chain Blog

JUNE 30, 2023

In 2022, the pharma industry saw the most units recalled than in the past six years, with 567.3 Doing so streamlines purchasing power and optimizes inventory management. ​ Step 3: Increase traceability Along the supply chain, actionable real-time data is often unavailable, lacking or siloed.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 77

Procurement Tactics

NOVEMBER 14, 2022

33 Procurement Interview Questions in 2022. Ultimate Supplier Plotting Checklist 2022. The long delays are increasing shipping times and creating longer wait times to unload the cargo at the ports despite handling fewer cargoes. . Additionally, you will get real-time visibility into all areas of your business.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

ivalua

AUGUST 16, 2022

The report explains that: “Scope 3 emissions reduction is a key challenge for companies, often due to a lack of visibility and monitoring of suppliers’ data. Closing these visibility and engagement gaps is critical to reducing emissions, but we’re a long way off. But time is of the essence for organizations.

Real-time Visibility 130

Real-time Visibility Sustainability Supply chain Suppliers 130

ivalua

JANUARY 24, 2022

Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. 2022 Data Outlook.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Procurement Tactics

DECEMBER 6, 2022

33 Procurement Interview Questions in 2022. However, these manual processes are ineffective and cost a lot of effort, time, and money. Ultimate Supplier Plotting Checklist 2022. Visibility of expense data. Download Whitepaper →. . Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Spend Matters

OCTOBER 10, 2023

Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more business trips in 2023 compared to 2022. a year between 2022 and 2032, outpacing the overall economy’s growth at an expected 2.7% Real-time expense automation is the future.

Real-time Visibility 103

Real-time Visibility Management e2e Budget 103

Supply Chain Game Changer

SEPTEMBER 22, 2022

Spend Visibility. Spend visibility is a pretty big deal when it comes to procurement or any type of invoicing management for that matter. Automatic spend visibility checks can help you identify opportunities for cost savings but more importantly tell you where your money is going. Real-time Spend Tracking.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Supply Chain Game Changer

MAY 31, 2022

Yet in mid 2022 there is a shortage of baby formula. In 2022 the shortage and stockpiling has now reached the realm of baby formula. Finally, there must be an improvement in the supply-demand planning in this industry, with more real time visibility to demand patterns and more real time reactivity to market dynamics.

Supply chain 123

Supply chain Supply Real-time Visibility Demand 123

Supply Chain Game Changer

SEPTEMBER 19, 2022

This will allow companies to have more visibility into their inventory, improve their cash flow and provide them with an overall better understanding of where they stand in relation to their customers’ needs. Real-Time Visibility and Responsiveness to Unstuck Supply Chains. Distributed Data Is Efficient.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 100

Supply Chain Game Changer

NOVEMBER 16, 2021

In a recent interview I was asked to discuss my views on what was in store for Supply Chain in 2022, and beyond. It’s a good time to reflect on recent global events and what this should mean for the future. I believe that 2022 will see continued disruptions in Supply Chains caused by the Coronavirus pandemic.

Supply chain 89

Supply chain Real-time Visibility e2e Supply 89

Supply Chain Game Changer

FEBRUARY 21, 2022

These conditions can impact their reaction times as well as judgment. Torrential rain can reduce the visibility at the construction site. Like torrential rain, fog can also reduce visibility. And since it takes time to clear out, construction work is delayed for long periods. Strong Winds. How You Can Monitor the Weather.

Import 94

Import Real-time Visibility Risk Supply chain 94

Supply Chain Game Changer

FEBRUARY 8, 2022

Once admired just-in-time systems have faltered badly. One of the fundamental problems which has contributed to the current breakdowns is the sheer lack of visibility. Comprehensive visibility, in real time, would enable the most informed, holistic decision making necessary to deal with what is going on.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

Una

NOVEMBER 28, 2022

By Hugo Britt | November 29, 2022. Now, I know settling into a new role can take a little time, so I don’t want you to feel under any pressure to make any significant impact straight away. I wouldn’t expect any real results from you until you’ve spent a month or two reviewing our current supplier arrangements.” But first….

Real-time Visibility 95

Real-time Visibility Procurement Purchasing Contract 95

Supply Chain Game Changer

AUGUST 29, 2022

In simple terms, apps that help reps save time, simplify their day-to-day tasks, give on-the-go visibility, and offer collaboration is known as a sales app. With more time and energy available to your sales team – they can focus better on one thing – making sales. Offering sales apps is how you do it. What is a sales app?

Real-time Visibility 94

Real-time Visibility supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 94

Una

AUGUST 2, 2022

By Hugo Britt | August 2, 2022. Ivalua/Hackett’s 2022 Procurement Insights and Key Issues report found that laggards are being held back by concerns including fear of failure, access to suppliers, legacy system costs, and teams lacking the skills to leverage digital transformation. 5 Technology Trends in Procurement. Self-service.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

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.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Supply Chain Game Changer

SEPTEMBER 20, 2022

Before shippers select a carrier partner for large-scale shipping, they should first consider that carrier’s track record: does that shipper have a record of delivering on time? If the answer to these questions is anything other than ‘yes’ and ‘stellar,’ it’s time to look elsewhere.

supply chain software solutions 93

supply chain software solutions Real-time Visibility Supply Chain Efficiency Logistics 93

Supply Chain Game Changer

SEPTEMBER 5, 2022

One of the terms that has entered the zeitgeist, holding the promise of providing some exciting new future state, is the “Metaverse” For some time we have also been describing a future that will define much of how businesses and economies and institutions will run in the future. The Supply Chain Renaissance Has Begun!

Supply Chain Optimization 92

Supply Chain Optimization Supply chain Real-time Visibility e2e 92

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 92

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 92

Supply Chain Game Changer

SEPTEMBER 6, 2022

For example, when a customer orders an item through your online shop, you must ship it to the buyer within a specific time frame to avoid cancellation. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

Procurement Tactics

SEPTEMBER 13, 2022

33 Procurement Interview Questions in 2022. The complexity of the supply chain can hinder visibility into crucial operational considerations such as labor conditions at a supplier’s factory that is miles away. Thus, taking advantage to combine shipments or use less resource-heavy logistics. . First Name. Machine Learning.

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

Supply Chain Game Changer

SEPTEMBER 22, 2022

This will free your valuable time. And you can use that time to work on your other project assignments. These tools expedite the coursework and help them submit assignments on time. The improved feature allows the students to learn at a suitable time and convenient pace. This can be a real problem. Conclusion.

Real-time Visibility 98

Real-time Visibility Supply chain Data Supply 98

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.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

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.

Supply Chain Efficiency 106

Supply Chain Efficiency supply chain budgeting Real-time Visibility e2e 106

TYA Suite

MAY 14, 2023

Inventory management or inventory control is the process of monitoring the warehouse of a business to ensure that the stock is being used at the optimum level and is managed well. Automation eliminates human error, saves time, and decreases the probability of mistakes.

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Supply Chain Game Changer

JUNE 30, 2022

Demand planning enables businesses to stock the proper amount of inventory and maintain correct inventory levels. The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand. Visibility. Conclusion.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

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.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

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. How CNAPP Can Help in Developing a Project.

Real-time Visibility 94

Real-time Visibility Supply Chain Efficiency e2e Risk 94

SCMDOJO

MARCH 28, 2023

With its decentralized feature, blockchain technology allows real-time data sharing between different parties while ensuring secure data storage and preventing unwanted changes in a network. This application eliminates redundant paperwork and provides real-time freight tracking.

Supply Chain Efficiency 115

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 115

Supply Chain Game Changer

FEBRUARY 10, 2022

RFID will give them access to real-time or near real-time monitoring and tracking of asset and item movement along the entire supply chain. Additionally, access to real-time information about asset or item movement will enhance the workflow of all partners across the whole supply chain.

Supply Chain Efficiency 80

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 80

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.”

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Supply Chain Game Changer

OCTOBER 24, 2022

ERP systems are used by businesses to automate many processes and allow companies to keep track of inventory and orders. Without an ERP system, you don’t have visibility into your entire supply chain. You know there will be demand for it, and it takes time to build up inventory. Increased visibility.

Real-time Visibility 76

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

Una

OCTOBER 25, 2022

By Hugo Britt | October 26, 2022. Once the relevant information has been collected, you’ll be able to prioritize how best to direct your resources and time. Instead, they’ll be able to spend more time nurturing the relationships that really matter. Accelerate your P2P cycle time with an automated system.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Let's Talk Supply Chain

JULY 27, 2022

Let’s Talk Supply Chain gives them a platform to share what drives them and how they are igniting real progress at their organizations. The premise for the company was working with local companies across Alabama, Georgia, and Northern Florida developing tools to provide more visibility into their suppliers across their supply chain.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 115

Supply Chain Game Changer

NOVEMBER 17, 2022

But, in the current international atmosphere of supply chain troubles and widespread shipping congestion, the topic is a timely one. Consider the following real-life applications of how modern businesses employ advanced analytical solutions to navigate the daily challenges of supply chain logistics. Visual Analytics.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Efficiency Supply chain Route optimization 92

Supply Chain Game Changer

MAY 23, 2022

With reduced duplication of effort and time-saving, knowledge is more effectively utilized. Access to knowledge and expertise also increases employee participation, commitment, and loyalty since they do not need to spend time searching for answers or resources. Improves real-time decision making for efficient supply chain management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Una

AUGUST 30, 2022

By Hugo Britt | August 30, 2022. This is an age-old discussion that we’ve had in procurement for many, many years – how do we reduce dependency on transactional types of activities and free up some of our time from those types of activities and shift that time to much more knowledge-centric types of activities? Get in Touch.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98