IBM Supply Chain Blog

NOVEMBER 8, 2023

Though the rule doesn’t go into effect until January 2026, companies must proactively and strategically prepare their supply chain now, as this complex regulation will require companies to collect and maintain detailed information about the ingredients, processing and distribution of certain products.

Supply Chain Efficiency 106

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

Spend Matters

MAY 29, 2024

Some of the key supply chain transformation pillars discussed were commercial excellence, vendor risk management, and systems (disparate point systems). The process has allowed Baylor Scott & White Health to reallocate procurement resources to more pressing areas such as analytics, sourcing and contract management, and program management.

supply chain software solutions 117

supply chain software solutions Procurement Supply Chain Optimization Contract 117

IBM Supply Chain Blog

DECEMBER 12, 2023

Embracing responsible emissions management can transform how organizations impact the health and profitability of their assets. As leaders in asset management operations, you must help your company deliver on the bottom line. Emissions management is pivotal in enabling compliance, as it helps organizations trace and resolve issues.

Management 68

Management Sustainability Strategy Strategic planning 68

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! Almost all governments are looking to onboard CTCs, with most of Europe being covered by 2026. The AP team moves from invoicing to supplier expectation management, becoming an embedded Finance team.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

IBM Supply Chain Blog

JANUARY 8, 2024

The demand for an automated solution arrives as Germany’s government has mandated that electronic file management be implemented by courts in all civil, administrative, social and criminal proceedings by 2026 as part of digitalization goals established by the European Union (EU).

Quantity 81

Quantity Data Management Raw materials 81

IBM Supply Chain Blog

JANUARY 22, 2024

As-a-service models are expected to become more prevalent, with IDC forecasting that 65% of tech buyers will prioritize these models by 2026​​ This shift echoes the response to economic pressures and the need to fill talent gaps in IT operations.

Data 100

Data Sustainability Innovation Buyers 100

IBM Supply Chain Blog

OCTOBER 4, 2023

Consider this, a forecast by IDC shows that global spending on AI will surpass $300 billion in 2026, resulting in a compound annual growth rate (CAGR) of 26.5% from 2022 to 2026.

Data 77

Data Collaboration Strategy Sourcing 77

Zycus Cognitive Procurement

AUGUST 29, 2022

According to the Victorian Government’s Digital Strategy 2021-2026, a 4-step approach for selecting software is construed as the need of the hour. With government organizations using entire suites with AI incorporated, it is a process that is being digitized to achieve ease of operations as well as better compliance and risk management.

Risk management 52

Risk management Risk Suppliers Management 52

SCMDOJO

OCTOBER 14, 2023

Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. What is a supply chain management system (SCM)? Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. How does Blockchain work for the supply chain?

Supply Chain Efficiency 105

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 105

Supply Chain Trend

MAY 26, 2024

Well run, traditional IBP can have many positive outcomes, but there are also many limitations like sequential process steps, arbitrary periodic planning & decision cycles, excessive (pre)meetings, lack of strategy integration, cumbersome data management, analytics waste, and not the least, an information focus rather than a decision focus.

Quality 78

Quality Data Strategy Demand 78

IBM Supply Chain Blog

NOVEMBER 7, 2023

According to the report, a stunning 92% of executives surveyed expect to digitize their organization’s workflows and leverage AI-powered automation by 2026. The study shows that executives expect automation rates in IT service management, DevSecOps and IT operations management to double or more over the next three years.

Data 85

Data Management Risk Import 85

Jaggaer

JULY 4, 2024

Christian Heinrich, Co-Founder and Managing Director, c arbmee The 80% Challenge I was recently delighted to participate in a JAGGAER live webinar focused on the introduction, in recent years, of carbon emissions measurement as a factor in strategic sourcing. CBAM takes effect in 2026, with reporting already required from 2023.

Strategic sourcing 59

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 59

IBM Supply Chain Blog

APRIL 3, 2024

However, there will be a phase-in period for compliance, with the largest companies reporting, as required, on climate-related risks by fiscal year 2025 and on emissions by 2026. Compliance dates for smaller companies range between 2026 and 2028, depending on their registrant type. How can IBM help?

Sustainability 52

Sustainability Risk Strategy Risk management 52

IBM Supply Chain Blog

NOVEMBER 27, 2023

According to a Gartner® report , “By 2026, more than 80% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.”*

Data 71

Data Collaboration Innovation Management 71

Procurement Heads

JANUARY 25, 2023

That is something that really appeals to me in terms of compliance, and risk management, making sure that we have robust governance to cover all aspects of the business. We are developing a framework to implement a formal VPM (vendor performance management) next year that will start with our tier-one vendors.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing Supply chain 130

IBM Supply Chain Blog

MAY 25, 2023

IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026. At the same time, there are reasonable concerns about how to mitigate bias, manage data security, and factor in precision and risk.

Innovation 99

Innovation Ethics Collaboration Data 99

SCMDOJO

APRIL 24, 2024

AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise. billion by 2026. It requires a bold approach to risk management, diversifying supply sources, and taking advantage of real-time data and analytics to pinpoint potential issues before they escalate.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Supply Chain Trend

AUGUST 13, 2020

Understanding this differentiation is important for the manager trying to navigate autonomous planning: rather than assuming everything can be autonomous, the manager can take a more sophisticated view onto the people, process & technology needed to support the future of integrated planning. Hippold, Sarah, (2019). Kasparov, Garry.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

IBM Supply Chain Blog

MAY 9, 2023

Supporting the data management life cycle According to IDC’s Global StorageSphere, enterprise data stored in data centers will grow at a compound annual growth rate of 30% between 2021-2026. [2] Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1]

Data 72

Data Sourcing Networking Leadership 72

Supply Chain Game Changer

JANUARY 25, 2022

Research Dive states that the global EV charging infstracture market will reach 18B by 2026 at a 34.9% PR Newswire states that the Electric Vehicle Charging market is $3B in 2020 and will grow to over $32B (a 33% CAGR) by 2028. Allied Market Research says that the market will increase from $3.8B in 2019 to over $25B in 2027, a 26.8%

supply chain software solutions 97

supply chain software solutions Supply chain Demand Supply 97

Pipefy

JULY 24, 2024

According to Deloitte , 44% of companies that use at least 11 automations in a business process management capacity are implementing end-to-end automation. By integrating workflows, managers can easily spot systems that can be eliminated from the company’s budget, optimizing technology costs.

Strategy 52

Strategy Real-time Visibility e2e Purchase orders 52

IBM Supply Chain Blog

OCTOBER 16, 2023

Gartner predicts that 90% of global enterprises will use containerized applications and one in five apps will run in containers by 2026, as CIO reported. Containers have increased in popularity and adoption ever since the release of Docker in 2013, an open-source platform for building, deploying and managing containerized applications.

Real-time Visibility 71

Real-time Visibility Import Sourcing Data 71

IBM Supply Chain Blog

JANUARY 29, 2024

Gartner predicts that 15% of on-premises production workloads will run in containers by 2026. Containerization gives you greater flexibility and growth potential in deploying applications in any hybrid cloud environment that you can envision (and need). Don’t just keep pace with these advancements in technology. billion in 2022.

Data 64

Data Sustainability Strategic planning Demand 64

Planergy

AUGUST 9, 2022

How better management in AP can give you better flexibility for cash flow management. Fulfillment Inventory Management Supply Chain Management. Benefits of a Dropshipping Business According to Statista , the dropshipping market size is expected to reach over $476 billion (USD), globally, by 2026. Written by.

Order Fulfillment 52

Order Fulfillment Inventory Purchasing Suppliers 52

Supply Chain Game Changer

JANUARY 24, 2019

The Bureau of Labor Statistics recently predicted manufacturing will be the only major occupational group that will experience a decline in the 10-year period from 2016 to 2026. Growth of Manufacturing Linked to a Loss of Manufacturing Jobs? In fact, in the 10-year period from 2000 to 2010, the US lost 5.7 million manufacturing jobs.

supply chain software solutions 56

supply chain software solutions Quality Supply Chain Efficiency Consumer demands 56

SupplyShift

FEBRUARY 24, 2023

SMEs will get one more year on top of that– meaning they will be required to start reporting on their 2026 financial year. With SupplyShift’s standard assessments and expert team monitoring legislative developments globally, you can confidently track, manage, and report on your supply chain data.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Supply 52

Bonfire

APRIL 8, 2022

All across the US, governments at the state, tribal, and local levels are wading through the enormous task of managing a combined $1.9 But, as it turns out, managing and allocating the funds is no easy task. Louisville’s approach to managing ARPA funds. We definitely had to add headcount to manage these funds,” said Ken.

Procurement 52

Procurement Collaboration Management Procurement team 52

Supply Chain Trend

APRIL 25, 2024

It is not new in supply chain management either. As a young dairy S&OP manager about 15 years ago, I used Lee’s approach in the schematic below to explain to a supply chain executive why our one trick approach to planning & response didn’t meet our customer service targets. It is not new in strategy.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 78

HICX

NOVEMBER 10, 2022

He explains that, by 2026, the digital economy and its systems are forecast to be worth over $3 trillion, up from $1.5 We’ll end up with a bunch of other people but we will be more predisposed to relationship management , strategic thinking and critical thinking,” he concludes. trillion today. Connect with David Loseby: LinkedIn.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Procurement Supply 52

Procurement Software

NOVEMBER 28, 2022

billion in 2021 to a projected $8 billion by 2026, which corresponds to a compound annual growth rate, or CAGR, of 25.3% For the sake of this short piece, I’m going to assume that procurement analytics refers to digital procurement technology in the more overarching sense, and not just spend management and transactional procurement tools.

Procurement 59

Procurement supply chain software solutions supply chain budgeting Supply Chain Efficiency 59

IBM Supply Chain Blog

APRIL 11, 2024

December 2026: Banks of EU non-Eurozone countries are required to support receiving SEPA instant payments. Easily automate payments and manage cash across the SEPA zone by using your existing banks. December 2025: Banks of EU and Eurozone countries are required to support sending SEPA instant payments.

Innovation 58

Innovation Cost of ownership Data Risk 58

Supply Chain Trend

OCTOBER 25, 2023

Specifically for supply chain, Gartner estimates are that short term planning decisions will be automated for 65% in 2026. At any time, the decision log shows the total plan, gaps to plan and decisions, which are visible to the IBP manager and the whole leadership team. Some go as far as 80%.

e2e 88

e2e Supply Chain Efficiency Supply Chain Optimization Leadership 88

Barkers Procurement

JULY 12, 2023

Find out how we can support your AMP8 ambitions Book a meeting A significant feature of Asset Management Period 8 (AMP8), which starts on 1 April 2025 and affects all English and Welsh water companies, will be a focus on tackling the water industry’s commitments to lowering their carbon footprint and driving towards net zero.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Contract Suppliers 52

Procurement Software

NOVEMBER 21, 2022

These help teams to manage the attribution of marketing efforts, plan their campaigns and content, and track marketing generated leads. This in turn enables them to manage their pipelines and forecast more accurately. When it comes to martech (fusion between marketing and technology ) as many as 8,000 tools are available today.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Finale Inventory

JANUARY 17, 2023

Knowing what percentage to mark up your business’s goods is one of the most effective ways to manage financial goals, establish a benchmark for pricing and stay profitable. Inventory Management Software Can Help You Manage Markup Percentages. Rising markups aren’t a new phenomenon. What Is a markup Percentage?

Inventory 52

Inventory Price Demand Strategy 52

IBM Supply Chain Blog

MARCH 8, 2024

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. As grid-scale battery technology evolves, utility companies will be able to store electricity long-term to better manage load during periods of low- or non-production.

Sustainability 67

Sustainability Sourcing Supply Chain Optimization Supply Chain Efficiency 67

Arkestro

SEPTEMBER 29, 2023

By 2026, the procurement analytics market is predicted to grow at a compound annual growth rate (CAGR) of nearly 20% , equating to $8.36 Ultimately, autonomous procurement enhances operations by giving organizations a better way to manage risk, build strong supplier relationships, and effectively allocate resources. billion in the U.S.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement supply chain software solutions 52