ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

MARCH 19, 2023

With an API that enables companies to connect once and trade EDI data with their supply chain, Orderful customers are able to consolidate their EDI software integration complexity and quickly enable trading partners as self-service to reduce costs. This episode was filmed at Manifest 2023.

Real-time Visibility 52

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

Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. By Hugo Britt | June 29, 2023 Search Search At Una, we lovingly refer to procurement professionals as “sourcing heroes.”

Agile and Lean Supply Chain 52

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

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. 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.

Supply Chain Efficiency 52

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

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. This exciting trend persuaded us that it’s about time we featured an article on these procurement tools specifically. And stepping up, they indeed are.

Supply Chain Efficiency 52

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

Let's Talk Supply Chain

JULY 16, 2023

With a real-time connected network of 10 million drivers, OneRail finds the right vehicle for the right delivery so shippers gain low prices and greater capacity to rapidly scale their businesses. Best Workplaces 2023, No. 23 on Forbes’ list of America’s Best Startup Employers 2023, No. 48 on the Inc.

Real-time Visibility 52

Real-time Visibility supply chain budgeting Networking Supply Chain Optimization 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. Another report found that 50% of respondents are investing in AI to improve employees’ use of time and allow for more high-value work.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

MAY 11, 2023

For IBM, Think is a perfect time for us to connect, collaborate and help our clients and partners continue to forge ahead with digital transformation and innovation. As we wrap up Think 2023, we’re excited to recap a few of the exciting new capabilities we are launching in our IT Automation portfolio.

Real-time Visibility 59

Real-time Visibility e2e Data Collaboration 59

IBM Supply Chain Blog

APRIL 21, 2023

And second, in Redesigning brand values: Purpose and profit converge in core operations , authored by IBM and The Consumer Goods Forum, surveyed consumer goods leaders share that they estimate technology budgets will grow by 34% over the next three years.

Sustainability 78

Sustainability Innovation supply chain software solutions Real-time Visibility 78

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. What sets Mithra-AI apart is its real-time, continuous visibility of spend data, coupled with proactive alerts for opportunities and risks.

supply chain software solutions 52

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

IBM Supply Chain Blog

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 In fact, according to the Cost of a Data Breach study, organizations that deployed an ASM solution were able to identify and contain data breaches in 75% of the time of those without ASM.

Data 93

Data Risk Real-time Visibility Management 93

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 91

Procurement solutions Procurement supply chain budgeting Real-time Visibility 91

Finale Inventory

FEBRUARY 27, 2024

A barcode system using printed labels and a scanning app on a smartphone or specialized device speeds counting and reduces human error. Scanning a label takes a fraction of the time needed to jot down even the briefest of details – and items are immediately visible in your online system with full product details available.

Inventory 52

Inventory Management Real-time Visibility e2e 52

IBM Supply Chain Blog

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market.

Real-time Visibility 64

Real-time Visibility Budget Cost optimization Demand 64

IBM Supply Chain Blog

AUGUST 11, 2023

And technology budgets are rising commensurate to this new reality. trillion in 2023, an increase of 5.5% IT cost management has grown in importance because cost control is top of mind for every organization across all industries. Simply put, IT leaders cannot afford increased project costs that lead to budget overruns.

Import 74

Import Management Budget Real-time Visibility 74

Una

JULY 25, 2023

By Hugo Britt | July 25, 2023 Search Search It’s always interesting to discover which articles on a blog drive the most engagement. The first three KPIs we suggest every procurement team should monitor are: Defect rates Lead time Contract compliance Can you guess what the other four KPIs will be? Read the article to find out.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

IBM Supply Chain Blog

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 million in data breach costs and accelerated data breach identification and containment by over 100 days, on average.

Data 55

Data Real-time Visibility Networking Risk 55

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 100

Procurement strategies Innovation Strategy Procurement 100

IBM Supply Chain Blog

DECEMBER 8, 2023

This allows teams to understand the real risk facing their organization while simultaneously assessing if the investments they have made in security defense solutions are worthwhile. The costs increased by 15% over the last three years to USD 4.45

Real-time Visibility 67

Real-time Visibility Risk Management Budget 67

IBM Supply Chain Blog

JUNE 21, 2023

Without visibility over warranty information, money may be needlessly spent on components that may have otherwise been covered. Costs For private data centers, IT staff, energy and cooling costs can consume much of the limited budget allocated to what’s typically deemed a non-value-added cost to the organization.

Data 65

Data Management Real-time Visibility Sustainability 65

Spend Matters

JUNE 19, 2023

Why buy a Spend Analytics solution Spend analytics helps generate business-relevant spending insights across internal spenders and the supply base by leveraging historic and predictive datasets across the enterprise. Click to enlarge Exploring the actual market state of the top 5 capabilities 1.

Real-time Visibility 83

Real-time Visibility Data e2e Quality 83

Zycus Cognitive Procurement

FEBRUARY 14, 2022

With reduced cycle times, also comes the opportunity to earn early payment discounts. billion market by 2023. However, as automation increases, many worry that the rapid adoption of technology to reduce manual work will result in significant job cuts, in a time when unemployment is already a concern. Conclusion.

Real-time Visibility 40

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

IBM Supply Chain Blog

MARCH 20, 2023

Meeting these demands requires creating seamless and secure customer journeys built on real-time insights and data. The engagement has empowered Adobe’s employees to work faster and smarter with improved visibility, speed and quality in the face of unpredictable challenges.

Real-time Visibility 56

Real-time Visibility e2e Demand Data 56

IBM Supply Chain Blog

MAY 6, 2024

While the overall clinical trial termination rate has decreased over time, low accrual rates within trials remain the most common termination reason. The number of first-time clinical investigators has declined, especially among non-US based investigators. Ensuring early assumptions resonate with real-world execution is paramount.

Real-time Visibility 80

Real-time Visibility Data Influencing Strategy 80

Positive Purchasing

JULY 26, 2023

Here it is – take some time to look at it and how it flows, then read on. Typically, the board will deliberate for a short while then set a budget and timescale below that, identified and recommended in the study. Following further deliberation, a budget is usually agreed. To do this you need a plan.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

IBM Supply Chain Blog

JUNE 11, 2024

In November 2023, Broadcom finalized its acquisition (link resides outside ibm.com) of VMware for USD 69 billion, with an aim to enhance its multicloud strategy. By leveraging automated tools, best practices and a phased approach, it helps organizations minimize risks, reduce costs and accelerate their cloud migration journeys.

e2e 66

e2e Cost optimization Innovation Real-time Visibility 66

IBM Supply Chain Blog

SEPTEMBER 11, 2023

Don Haderle, a retired IBM Fellow and considered to be the “father of Db2,” viewed 1988 as a seminal point in its development as D B2 version 2 proved it was viable for online transactional processing (OLTP)—the lifeblood of business computing at the time. Db2 (LUW) was born in 1993, and 2023 marks its 30th anniversary.

Data 85

Data Innovation Real-time Visibility Management 85

SCMDOJO

JULY 7, 2023

Furthermore, the company aims to establish an exclusive charging network across the United States and Canada by the end of 2023. However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

IBM Supply Chain Blog

FEBRUARY 16, 2023

Last year, as life sciences organizations were consumed by the recovery from COVID-19, their focus had to shift rapidly to mitigating supply chain constraints, labor and skill shortages, and by the end of the year, inflationary pressures—all of which were exacerbated by the Russia-Ukraine war.

Innovation 40

Innovation Strategy Supply Chain Efficiency supply chain budgeting 40