IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Arkestro

NOVEMBER 12, 2024

Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. About Matthew Matt Mills joined Arkestro in 2022 as a Solutions Consultant, using his expertise to support GTM efforts in key verticals.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. To reduce supply chain breakdown, you have to use preventative information technology (IT) that will enable you to identify risks that might disrupt your operations.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. Along with cost savings, procurement managers are focusing on optimizing and automating processes. Supply Chain Transparency. Email Address.

Supply Chain Efficiency 19

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

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. million in March 2022. Optimize Routes. On Time Delivery – Get that right First! Consolidate Shipments.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Supply Chain Game Changer

AUGUST 30, 2022

Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. The baby formula Supply Chain failed. And what happened?

Cost of ownership 103

Cost of ownership Supply Chain Optimization Procurement Price 103

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. Trust, confidence and delivery come through functional excellence, which will be seen across the matrix.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. This blog will help you become a better procurement manager by providing you the latest updates on procurement digitization. Here are the latest updates on digital procurement in 2022 : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Supply Chain Game Changer

NOVEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Journey : Step 1 – The Vision! Getting anything done requires resources and management. Getting a digital transformation to take hold takes all of that plus bravery, resolve, unrelenting persistence, risk taking, tenacity and courage.

Leadership 52

Leadership Agile and Lean Supply Chain Supply Chain Optimization Supply chain 52

Procurement Insights

NOVEMBER 23, 2023

Survey results indicate that many core supplier management functions, including risk management, relationship management, performance management, innovation management, and CSR/Sustainability management, are still supported by generic applications such as Excel, SharePoint, and Teams or by no system at all.

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

Supply Chain Game Changer

SEPTEMBER 14, 2021

Subscribe to Supply Chain Game Changer. 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. We quickly ran out of healthcare supplies, toilet paper, and more.

Raw materials 81

Raw materials Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 81

Arkestro

OCTOBER 10, 2023

Then we’ll discuss how AI and other innovative technologies are removing current complexities, allowing oil and gas companies to reduce costs, optimize supply chains, and make data-driven decisions. By optimizing inventory levels and ensuring timely procurement of essential materials, companies can cut costs by 15%.

Agile and Lean Supply Chain 52

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

Arkestro

JANUARY 23, 2024

billion in 2022, and it’s expected to grow 11.1% Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Supplier relationship management: Build and manage reliable supplier relationships for optimal performance.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Zycus Cognitive Procurement

SEPTEMBER 13, 2022

There is a need for knowledge and understanding of Design Thinking, decoding supply chain, digital mindset, workflow management, and decarbonization. He mentions that as per Gartner’s Leadership Vision for 2022, the CPOs faced the following 4 key issues in 2022: Risk Management. Responsible Sourcing.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

Arkestro

APRIL 25, 2023

In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022. Project delays, contract management, and quality control can further complicate the process—not to mention sustainability goals and risk management.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Procurify

JULY 20, 2022

If you are a purchasing manager struggling to meet your saving targets, you’re not alone. . According to a report by Ardent Partners , 2022 savings targets for procurement teams is almost 19% lower than the last year. So, what are the common challenges purchasing managers face today, and how can they address them?

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

The global supply chain is undergoing a metamorphosis. PwC’s 2022 Global Economic Crime and Fraud survey reported a total loss of $42 billion , which includes fraud losses across various industries, including procurement. Traditional methods are struggling to keep pace with the complexity and dynamism of modern commerce.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. Key features include supply chain mapping, risk dashboards, mitigation workflows, and regulatory reporting.

Real-time Visibility 52

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

Zycus Cognitive Procurement

FEBRUARY 2, 2022

percent to reach $10.059 trillion by 2022. One of the most critical aspects of this transformation is the procurement machinery, which needs to be overhauled with innovative technologies that can optimize workflow and reduce costs. Moreover, it can help them access greater awareness of spending and risk management.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency supply chain budgeting 40

IBM Supply Chain Blog

AUGUST 1, 2023

We continue to make key updates to our cloud infrastructure to drive progress that has resulted in improvements to cloud stability and resiliency, including an 87% year-over-year reduction in Severity 1 Customer Impacting Events (CIEs) and a 38% decrease in Severity 1 CIE disruption time for the same compared periods in 2022 versus 2021.

Innovation 63

Innovation Cost of ownership Risk Data 63

IBM Supply Chain Blog

JULY 27, 2023

EAM is an invaluable tool that allows oil and gas companies to manage physical assets and infrastructure throughout their lifecycles—from design and procurement to maintenance and disposal. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% through 2030.

Real-time Visibility 55

Real-time Visibility Inventory Budget Management 55

IBM Supply Chain Blog

APRIL 11, 2024

A proven solution with IBM Cloud: It is optimized for regulated industries , addressing the complex and evolving needs of the payments industry. Responsible AI : IBM watsonx ® products help to comply with the EU AI Act and upcoming legislation worldwide to unlock the incredible potential of responsible AI.

Innovation 58

Innovation Cost of ownership Data Risk 58

IBM Supply Chain Blog

JUNE 10, 2024

By running advanced analyses on such data and then applying a range of different scenarios to that data, risk management systems that CPUs enable can help financial institutions reduce losses. Peripheral proliferation: Peripheral devices help optimize and increase the functionality of computing.

Data 64

Data Import Management Demand 64

Supply Chain Game Changer

JANUARY 17, 2022

Subscribe to Supply Chain Game Changer. The Agile Supply Chain! Agile project management article and permission to publish here provided by Andrej Fedek. The agile approach is one of the most popular methodologies among project managers these days. Risk minimization. Subscribe Here! Email Address.

Agile and Lean Supply Chain 114

Agile and Lean Supply Chain Project management Management supply chain software solutions 114