Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 111

Procurement e2e Contract Sourcing 111

IBM Supply Chain Blog

NOVEMBER 3, 2023

As a result, I see access to real-time data as a necessary foundation for building business agility and enhancing decision making. Apache Kafka and Apache Flink working together Anyone who is familiar with the stream processing ecosystem is familiar with Apache Kafka: the de-facto enterprise standard for open-source event streaming.

Sourcing 74

Sourcing Innovation Data Agile and Lean Supply Chain 74

Arkestro

DECEMBER 5, 2022

These disruptions have exposed the fragility of global supply chains. Unique obstacles have caused many companies to re-evaluate their sourcing strategies. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. Other challenges reflect problems throughout the supply chain.

Raw materials 98

Raw materials Procurement Agile and Lean Supply Chain Supply Chain Optimization 98

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

supply chain budgeting 52

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

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups. Subscribe Here! Email Address.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Arkestro

MAY 23, 2022

As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Supply chain disruption has become something that all of us see in the headlines every day: online, in newspapers, and in magazines. What Are Supply Chain Disruptions Blamed On?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply chain Real-time Visibility Supply 52

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supply chain industry.

Procurement 103

Procurement Supply Agile and Lean Supply Chain supply chain software solutions 103

ivalua

SEPTEMBER 24, 2020

The solution is to follow the top performers and focus on supplier enablement, smart matching and introduce the agile methodology of continuous improvement. To learn more about Invoice to Pay from Ivalua ask for a no obligation demo today ask for a demo. Invoice-to-Pay from Ivalua.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

IBM Supply Chain Blog

OCTOBER 30, 2023

IBM and AWS partnership focuses on delivering solutions in areas like: Supply chain optimization with AI-infused Planning Analytics IBM Planning Analytics on AWS offers a powerful platform for supply chain optimization, blending IBM’s analytics expertise with AWS’s cloud capabilities.

Agile and Lean Supply Chain 77

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 77

ivalua

OCTOBER 1, 2020

Without this, organizations cannot be agile and without analytical data, continuous change is impossible. To learn more about Invoice to Pay from Ivalua ask for a no obligation demo today. The Components that remove the barriers within Invoice to Pay Journey. The post Unlock the Power of Invoice-to-Pay appeared first on Ivalua.

Real-time Visibility 130

Real-time Visibility Networking Supply Chain Efficiency Suppliers 130

Supply Chain Game Changer

NOVEMBER 7, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? When building a digital procurement and sourcing ecosystem, it’s important to dig into your existing procurement process. Source: Deloitte CPO Survey 2018. Source: Kodiak Rating. Survey the market, and Request Demos.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Procurement Innovation Sourcing 55

ivalua

NOVEMBER 26, 2019

This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Leaders need to be more ambitious if they are to truly establish Procurement as a source of strategic value. Global automotive component supplier Meritor is a great example. The Importance of Ambition.

Procurement 100

Procurement Sourcing Spend management Innovation 100

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Agility and responsiveness In the rapidly changing business landscape, agility is crucial.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

IBM Supply Chain Blog

SEPTEMBER 6, 2023

And while precision is crucial, agility is becoming equally, if not more, important. To navigate the Budgeting Paradox, organizations are leaning towards more agile budgeting models like rolling forecasts and zero-based budgeting with other strategies, such as integrated business planning. Far from it.

Budget 82

Budget Collaboration Data Strategy 82

Arkestro

MAY 23, 2023

For example, today’s procurement managers are tasked with juggling increasingly complex tasks, such as battling supply chain problems, accounting for rising costs, and assessing risk. Coupled with rising inflation and material costs, delays in global supply chains are creating a challenge to keep up with demand.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 52

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . Source-to-Contract (S2C), Source-to-Pay (S2P) and Procure-to-Pay (P2P) digitization: .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Zycus Cognitive Procurement

SEPTEMBER 16, 2022

We also discussed how it can be achieved by digitally transforming the sourcing process of an organization by using next-gen procurement solutions. Responsible sourcing by committing to the ESG goals of the organization. The current major areas of focus for procurement were highlighted as: Digital Transformation. Risk Management.

Procurement 52

Procurement Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 52

IBM Supply Chain Blog

SEPTEMBER 25, 2023

This blog takes you on a journey into the world of Uber’s analytics and the critical role that Presto, the open source SQL query engine, plays in driving their success. To power this mammoth analytical undertaking, Uber chose the open source Presto distributed query engine. What is Presto?

Data 86

Data Sourcing Route optimization Innovation 86

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. Challenge 2: Supply Chain Disruptions The procurement and supply chain industries are currently like the wild west. There also might be multiple systems to log in to.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Arkestro

MARCH 1, 2024

From a global pandemic completely disrupting supply chains to the emergence of artificial intelligence (AI) as a game-changing technology to automate sourcing, the industry is on a fast track to depart from the status quo of procurement in decades past. In other words, traditional sourcing will become obsolete.

Procurement 52

Procurement Contract Sourcing Negotiation 52

IBM Supply Chain Blog

MAY 13, 2024

Access to multiple options enables rapid adaptation when new trends or strategic shifts occur, maintaining agility and resilience. IBM Research has developed an instruction-tuning technique that enhances both IBM-developed and select open-source models with capabilities essential for enterprise use.

Cost of ownership 70

Cost of ownership Ethics Risk Innovation 70

IBM Supply Chain Blog

JUNE 29, 2023

To maintain their competitiveness and overcome today’s challenges, manufacturers have had to make agility and adaptability top priorities. Furthermore, AI can help manufacturers implement predictive maintenance systems and processes, streamline supply chain management, and identify and address workplace safety hazards proactively.

Supply Chain Optimization 54

Supply Chain Optimization Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 54

IBM Supply Chain Blog

MARCH 14, 2024

By using decades of database expertise in performance by IBM and combining it with AWS’s scalability, security and governance features, customers can achieve enhanced flexibility, agility and cost efficiency in the cloud. This approach enables customers to modernize their infrastructure at their own pace. With Netezza support for 1.2

Data 75

Data Innovation Cost of ownership Management 75

IBM Supply Chain Blog

JULY 26, 2023

Supply chain optimization : Oil and gas supply chains are very complex. Maintenance teams can use digital twins to simulate the entire supply chain, providing in-depth visibility into operations and logistics and identifying potential bottlenecks.

Supply Chain Optimization 52

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

IBM Supply Chain Blog

FEBRUARY 14, 2024

Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis. Common examples include solar power, hydropower and wind power.

Supply Chain Efficiency 51

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Sourcing 51

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

Luke Elliott discussed the dramatic shift in Procurement landscape and how Digital Procurement can help leaders stay resilient in the face of current challenges with respect to price inflation being at a 40-year high and disruptive supply chains leading to stock issues. 96% of the leaders believe that this a long-term trend.

Procurement 40

Procurement Chief Procurement Officer Agile and Lean Supply Chain supply chain software solutions 40

IBM Supply Chain Blog

JUNE 2, 2023

IBM Consulting’s Accelerated Incremental Mainframe Modernization Legacy applications, while being the current crown jewels of states’ IT ecosystems, hinder business agility and are expensive and complicated, therefore making any rebuild, refactor or integration attempts risky.

Data 79

Data Collaboration Sourcing Management 79

Planergy

SEPTEMBER 8, 2022

Book a Live Demo. Furthermore, regular assessment of supplier performance can help you identify potential supply chain risks early on so that they can be remedied before they cause major problems. Flexibility / Agility. This includes adhering to regulatory requirements, ethical sourcing practices, etc. King Ocean.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Planergy

JULY 21, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to gain visibility and control of your indirect spend.

Management 52

Management Procurement supply chain budgeting Budget 52

Procurement Insights

SEPTEMBER 11, 2024

Like 1Reply Vera Rozanova MBA, MCIPS Chartered, MEng (Hons)CPO-Chief Procurement Officer | Procurement Director | Supply Chain | Invited Lecturer | Author | Business Trainer | Transformation 2h Jon W. Kleemann How Useful Is The Gartner Hype Cycle for Procurement and Sourcing SolutionsI have only one question left to ask?

Influencing 52

Influencing Procurement team Agile and Lean Supply Chain Procurement 52

Planergy

DECEMBER 29, 2022

Book a Live Demo. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

IBM Supply Chain Blog

JUNE 29, 2023

Digital twin technology collects real-time data from a single source/asset. However, digital threads enable teams to take data from digital twins and other sources and centralize the data flow across departments and production silos so that the entire company can access the same information.

Data 53

Data Collaboration Product development Sustainability 53

IBM Supply Chain Blog

DECEMBER 7, 2023

They are seamlessly integrated with cloud-based data warehouses, facilitating the collection, storage and analysis of data from various sources. Designed for cloud-native environments, they promise more efficient and data-driven decision-making for businesses, ushering in a new era of agility and insight.

Data 57

Data Strategic planning Value analysis Price 57

Planergy

SEPTEMBER 12, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to gain visibility and control of your indirect spend.

Supply Chain Efficiency 52

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

Finale Inventory

MARCH 28, 2024

From brand messaging that illustrates how companies are enacting earth-friendly practices in their business to certification bodies such as B Corp who are starting to scrutinize global supply chains as part of the credentialing process, companies are trying to level up to their consumers’ expectations as best they can.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Sustainability Inventory 52