Remove Business strategy Remove e2e Remove Strategy
article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

article thumbnail

Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. These need to be aligned with the overall business strategy.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Intelligent Supply Chain Technologies for the Future!

Supply Chain Game Changer

Amid the thick covid-clouds, organizations are preparing to make their way back to regular business to maximize profitability and make up for the lost time. In addition, organizations need to rethink their lean manufacturing strategies. The supply chain industry itself has recently witnessed a paradigm shift.

article thumbnail

Spend Matters Future 5 2023 – Introducing akirolabs

Spend Matters

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. akirolabs is a category strategy management solution that aims to support procurement’s transformation from being a purely tactical function to an orchestrator of value. What is akirolabs?

e2e 114
article thumbnail

How to build a successful procurement strategy

IBM Supply Chain Blog

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

article thumbnail

Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. This means bringing the right people — including procurement — to the strategy table.

article thumbnail

Integrating IT Governance: Essential Strategies for Businesses

Pipefy

Diverse approaches to ITG ITG is essential for sustainable success in modern business, although many approaches exist for its implementation. These possibilities have the potential for transforming a business, aligning IT strategy with an organization’s business goals, and optimizing its resource management.