IBM Supply Chain Blog
OCTOBER 13, 2023
These shifting dynamics bring about unexpected disruptions—like changes in levels of demand—impacting your ability to effectively manage your inventory, satisfy your customer needs, and ultimately your bottom line. For example, you could renegotiate a supply contract to keep business inventory costs low.
Supply Chain Game Changer
MARCH 2, 2022
Supply Chain Visibility Has Never Been More Important! Last-mile delivery visibility is key to business success. In fact, 93% of customers say they want to be informed with increased visibility throughout the entire delivery journey, from in-transit status through to final arrival date. Predictive visibility.
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Supply Chain Game Changer
SEPTEMBER 5, 2022
Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.
Procurement Tactics
AUGUST 11, 2022
33 Procurement Interview Questions in 2022. Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. In this article, we will discuss what inventory holding cost is. Ways to Reduce Inventory Carrying Costs. First Name.
Supply Chain Game Changer
OCTOBER 5, 2022
The Control Tower – Is Yours Real or Smoke and Mirrors? In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. Then and Now: The notion of visibility and “control”. Subscribe Here! Email Address.
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.
Procurement Tactics
OCTOBER 16, 2022
33 Procurement Interview Questions in 2022. The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Visibility of the workflow. Before the creation of ERP systems, the coordination of the involved parties in the project is time-consuming and takes a lot of effort. .
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