IBM Supply Chain Blog

MAY 13, 2024

Stay flexible in the face of change : Market conditions and business strategies constantly evolve. Various model choices allow businesses to pivot quickly and effectively. Performant: The right level of performance for targeted business domains and use cases.

Cost of ownership 70

Cost of ownership Ethics Risk Innovation 70

Jaggaer

APRIL 22, 2019

Despite a perception from some buying organizations that sustainability requirements for suppliers cost more, these programs can actually help companies uncover new ways to trim costs (e.g. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

Empowering CPO

MAY 4, 2023

Some key strategies include: 1. Develop a clear vision: Outline the specific goals and objectives of the digital transformation, and ensure that they align with the overall business strategy. Adopt a Total Cost of Ownership Approach A. Develop a comprehensive procurement strategy 3.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

MARCH 27, 2024

To effectively weigh the decision, one must consider the total costs of ownership versus renting—plus a range of other, tangentially related issues. Businesses have to walk a complicated financial line and part of that is keeping enough cash in reserves. Both data center options have their advantages and disadvantages.

Data 98

Data Purchasing Cost of ownership Quantity 98

Pipefy

AUGUST 16, 2024

In addition, TOGAF facilitates communication across business areas. This framework also uses a methodology and resources that align an organization’s IT operations with its business strategy. An ITSM solution’s total cost of ownership (TCO) includes the cost of its purchase, implementation, maintenance, support, and upgrades.

Management 52

Management Cost of ownership Quality Collaboration 52

Empowering CPO

JULY 16, 2023

Moreover, traditional procurement usually focuses on the price rather than the total value, which can result in overlooking critical factors like quality, service, and total cost of ownership. It integrates people, processes, and technology to optimize procurement operations, reduce total costs, and deliver value beyond just savings.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

JULY 24, 2024

To say this is no small feat is an understatement; it involves businesses changing decades of spending patterns to embrace a new philosophy: cost optimization. When applied to IT, cost optimization is the continual business strategy of reducing operational costs and maximizing business value.

Cost optimization 52

Cost optimization Budget Strategy Data 52

Empowering CPO

JULY 16, 2023

Moreover, traditional procurement usually focuses on the price rather than the total value, which can result in overlooking critical factors like quality, service, and total cost of ownership. It integrates people, processes, and technology to optimize procurement operations, reduce total costs, and deliver value beyond just savings.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

TYA Suite

NOVEMBER 25, 2024

By prioritizing innovation, procurement and sustainability can lead the way in integrating these principles into core business strategies. Training programs should cover sustainable procurement practices, the significance of ethical sourcing, and strategies for reducing environmental impact.

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40