IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. When implemented with clear objectives, the procurement strategy will provide a roadmap for procurement managers to follow.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

The Good Spending

AUGUST 23, 2022

It is agreeable that demand management is the sign of ultimate procurement professionalism. Value creation as the result of stakeholder engagement The authors of Stakeholder Salience model built their work around the process of value creation. If you managed to fully or partially waive it, then it's cost avoidance.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Barkers Procurement

JUNE 26, 2024

The client needed support to build cohesive plans to drive delivery of their flagship E2E supply chain programme which was initiated in order to ensure that the global supply chain is fit for the future and in alignment with the overall client’s strategy.

e2e 40

e2e Agile and Lean Supply Chain Stakeholder engagement Supply chain 40

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. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

TYA Suite

JULY 17, 2024

A procurement strategy is a comprehensive plan designed to streamline and manage the process of acquiring goods and services an organization needs to operate efficiently. Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

NOVEMBER 30, 2023

Beyond simply filling open roles, a comprehensive talent acquisition strategy encompasses a holistic approach to talent management , from identifying organizational needs to nurturing relationships with potential candidates. Analyze the cost and benefits associated with each.

Strategy 61

Strategy Sourcing Leadership Networking 61

Empowering CPO

JUNE 27, 2023

This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring. Strategic Supplier Management: Digital tools enable comprehensive supplier performance monitoring and evaluation. This leads to significant cost savings and improved operational efficiency.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Procurement Insights

APRIL 7, 2025

This model ensures that procurement operations are efficient, compliant, and aligned with organizational objectives by managing workflows from the initial request (intake) through to the execution and fulfillment of procurement tasks (orchestration). office supplies, IT services) with standardized processes.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Let's Talk Supply Chain

JANUARY 17, 2025

The climate change debate is overits real and its herewe need solutions in supply chain now. Business leaders understand recognizing and prioritizing sustainable supply chain solutions is a strategic move to fuel business resilience, profitability, and agility. How did your supply chain journey start?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply chain Sustainability Supply 52