IBM Supply Chain Blog

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. Collaborate with suppliers.

Risk management 78

Risk management Risk Management Sustainability 78

Spend Matters

JANUARY 29, 2024

Although Sphera (the company, not the SCRM module) is a few years younger than riskmethods, it acquired riskmethods in 2022 to complete its ESG-focused offering with risk management capabilities. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters.

Supply Chain Efficiency 110

Supply Chain Efficiency Supply chain resilience Risk management Supply chain 110

Spend Matters

OCTOBER 19, 2023

After 12 months of intense debate, Spend Matters has just released the 2023 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. Introducing The Future 5 of 2023 Throughout the year, our analysts scour the market to find and scrutinize procurement tech newcomers. Have 5+ customers.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 111

Spend Matters

MARCH 28, 2023

Fortunately, predictive supply chain risk management solutions offer the next best thing: clear visibility and predictive insights to help procurement leaders avoid disruption, navigate regulatory compliance and save their company millions.

Risk 119

Risk Supply chain Supply Risk management 119

Spend Matters

OCTOBER 19, 2023

Spend Matters is delighted to announce the 2023 roster for our ‘Future 5 ‘ list. The post Spend Matters Future 5 2023 – Why we chose dSilo appeared first on Spend Matters. For the fifth year in a row, our analysts have highlighted five start-ups that excited them the most.

Contract 111

Contract supply chain software solutions Innovation Procurement 111

Procurement Tactics

JANUARY 13, 2023

Procurement success in 2023 with our Strategy Course. We will also tell you some of the best conferences in 2022 and the upcoming conferences that await you in 2023. . Additionally, this article will allow you to know some procurement conferences that you can join this 2023. . Ultimate Supplier Plotting Checklist 2023.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Art of Procurement

DECEMBER 17, 2023

The post 2023 Dial P for Procurement Year in Review appeared first on Art of Procurement. Long time listeners of the Art of Procurement podcast will know that the team hosts a related podcast, Dial P.

Procurement 91

Procurement Risk management Risk Management 91

Spend Matters

JULY 24, 2023

It’s also unsurprising to see that under the current risk environment, 80% of CPOs cite Enhancing Risk Management as a business priority, shooting ‘supply risk analytics’ up the priority agenda, from 35% in 2021 to 51% today. Category management is the core engine for scaling processes.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Spend Matters

OCTOBER 17, 2023

After 12 months of intense debate, Spend Matters is delighted to release the 2023 ‘ 50 Procurement Providers to Know ’ and ‘50 Procurement Providers to Watch ’ lists. The Future 5 of 2023 Throughout the year, our analysts scour the market to find and scrutinize procurement tech newcomers.

supply chain software solutions 121

supply chain software solutions Innovation Supply Chain Efficiency Procurement 121

ivalua

JANUARY 8, 2023

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The new set of regulations add an additional layer of compliance and risk management to the procurement process. What Lieferkettengesetz Means for Procurement?

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Spend Matters

OCTOBER 19, 2023

Get to know all the procurement tech providers that made our lists this year and the methodology behind the selection criteria: See the Lists The post Spend Matters Future 5 2023 – Introducing dSilo appeared first on Spend Matters.

e2e 111

e2e Contract Contract management Procurement 111

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Procurement Templates

JANUARY 5, 2024

Ongoing Management: Schedule regular reviews of contract performance. Risk Management and Mitigation: Identify potential risks associated with the contract. Implement strategies to mitigate risks. Periodically reassess risk factors. … 2023 Neom Have you seen the procurement jobs for Neom?

Contract management 130

Contract management Contract Management Negotiation 130

Procurement Leaders

JANUARY 13, 2023

In contrast to such stories, procurement teams appear bullish on their 2023 hiring plans. Half of respondents to Procurement Leaders’ November 2022 Procurement Pulse said they planned to increase the size of their teams in 2023 when compared with the previous year ( see Figure 1, below ) – by an average of 8%.

Procurement team 130

Procurement team Sustainability Procurement Risk 130

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes.

e2e 103

e2e Procurement supply chain software solutions Contract 103

Una

APRIL 18, 2023

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.”

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

Procurement Insights

DECEMBER 11, 2024

Circular Economy – [link] Elkington 2008 – [link] Elkington 2023 – [link] 7. Real-time data will inform sourcing decisions, risk management, and supplier relationships, leading to more informed and agile procurement functions.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

IBM Supply Chain Blog

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. In 2023, IBM Cloud expanded the AUP to include additional locations and services that articulate our commitment to expand our portfolio of compliance across IBM Cloud. What is the IBM Cloud Framework for Financial Services?

Risk management 65

Risk management Risk Data Management 65

Spend Matters

NOVEMBER 14, 2024

However, for all respondents, one of the standout results this year shows ‘Technology’ as the strongest pillar and enabler of good practice SRM with an average score of 59% — a 10% increase from 2023. Close behind is ‘Collaboration,’ scoring 52%. However, ‘Value’ remains the least developed pillar, with an average score of 36%.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Spend Matters

JUNE 21, 2023

Considering that a company’s emissions are mostly in its supply chain ( CDP’s Global Supply Chain Report 2022 published in March 2023 states that supply chain emissions [upstream Scope 3] are, on average, 11.4 Its vendor lifecycle covers vendor onboarding, risk management, monitoring and vendor base knowledge management.

Management 75

Management Supply Chain Efficiency Data Supply chain 75

Spend Matters

APRIL 4, 2024

In the Q4 of 2023, he wrote a four-part series that delves into the history of automation, AI and how procurement may proceed. As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

Procurement Heads

FEBRUARY 23, 2023

between November 2022 and January 2023, but this decline was far more acute when looking at annual comparisons (down by almost 30%). Vendor Managers are in high demand because they play a crucial role in ensuring effective supplier relationships, cost savings, and risk management for businesses.

Vendor management 130

Vendor management Influencing Demand Risk management 130

Barkers Procurement

MAY 16, 2023

Coupa Inspire 2023 is coming to London and Barkers are delighted to announce that we are official sponsors! Running from the 19 -21 June 2023 at London’s ExCel venue, the event will bring together forward-thinking leaders, customers and fellow partners, an event which truly lives up to its moniker of being United By The Power of Spend!

Collaboration 52

Collaboration Innovation Risk management Supply chain 52

IBM Supply Chain Blog

OCTOBER 23, 2023

1] Managing complex business operations across a hybrid multicloud environment presents leaders with unique challenges, not least of which are cyberthreats that can bring essential business functions to a halt—potentially for days, weeks or months. 2] Cost of a Data Breach Report 2023 , IBM Security®, July 2023. [3]

Risk 84

Risk Strategy Risk management Innovation 84

Spend Matters

MAY 29, 2024

As we wrote in our recap of the EMEA Ivalua NOW conference, the company now has 950 employees, over 2,000 certified consultants, and collected over $180 million in 2023 revenue. Khuat-Duy also noted that Ivalua was profitable in 2023. In the future, they may also consider more advanced/growing areas such as risk management.

supply chain software solutions 117

supply chain software solutions Procurement Supply Chain Optimization Contract 117

SCMDOJO

SEPTEMBER 18, 2023

In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart. This may involve measures such as establishing long-term contracts, implementing risk management strategies, and building strong relationships with trusted suppliers.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

ivalua

APRIL 25, 2023

Redwood City, CA, 25 April, 2023. Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations.

Contract 130

Contract Suppliers Sourcing Supply Chain Efficiency 130

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

How Are You Preparing for 2023’s Business Landscape? If Procurement can impact everything from customer satisfaction and product & service quality to cash flows and profitability – shouldn’t it be on top of every team’s 2023 training list? Leveraging Critical Skills in 2023.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

Zycus Cognitive Procurement

JANUARY 24, 2023

However, as 2023 starts, CPOs have a new range of challenges to tackle, such as soaring inflation and a looming recession. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Managing Supply Chain Risk.

Supply chain management 52

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

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. And so it should.

Risk 98

Risk supply chain software solutions Risk management Real-time Visibility 98

Jaggaer

SEPTEMBER 9, 2024

Emissions targets & progress verified by the Science Based Target initiative (“SBTi”) Research Triangle, NC, DATE, 2024: JAGGAER, a global leader in enterprise procurement and supplier collaboration, today released its third Environmental, Social and Corporate Governance (ESG) Impact Report for 2023.

Supply Chain Efficiency 52

Supply Chain Efficiency Leadership supply chain software solutions Sustainability 52

Procurement Leaders

MARCH 6, 2023

Procurement Leaders’ Strategic Planning Guide 2023 found that, for the first time ever, cost was not considered to be the function’s most important priority – coming a close second behind reducing supplier risk. But with volatile economic headwinds to contend with, it’s clear that the function’s traditional purpose remains vital.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

Procurement Insights

APRIL 3, 2025

Practical Insights Real-World Applications : Corporate success stories presented at DPW demonstrate how companies leverage digital procurement tools for efficiency, cost savings, and risk management. over 5,000 at DPW Amsterdam 2023), DPW offers unparalleled access to a diverse community.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Procurement Insights

DECEMBER 6, 2024

This acquisition combined the expertise of both companies to offer customers an extensive portfolio of AgTech software, risk management resources, services, and market intelligence offerings. He assumed this role in January 2023, succeeding Brendan Reidy, who continues to support the company as Executive Chairman.

Supply Chain Efficiency 52

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

Spend Matters

MARCH 5, 2024

Having been heavily involved with this cycle’s SolutionMap, the Spend Matters analyst team noted: “In parallel with the rapid rise in economic- and geopolitical-related risk in 2023, the procurement technology market has accelerated its pace of innovation to keep up with customers’ needs.

Procurement 130

Procurement Sourcing Risk management Ethics 130

Barkers Procurement

AUGUST 2, 2023

What Are The Pressures That Procurement Faces In 2023 And Beyond? It has been reported by McKinsey that in 2023 alone the typical workload on the function is set to increase by over 10%. Take a look at our services Find out more The post What Are The Pressures That Procurement Faces In 2023 And Beyond?

Supply Chain Efficiency 52

Supply Chain Efficiency e2e Procurement supply chain budgeting 52