Supply Chain Brain

JULY 30, 2019

Forward-looking procurement teams are embracing new SaaS tools to drive innovation in the sourcing process.

Business strategy 66

Business strategy Sourcing Strategy Procurement team 66

ivalua

AUGUST 1, 2022

Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . Trigger internal business processes (e.g.,

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

ivalua

APRIL 8, 2020

They miss the huge opportunity of co-innovating with these businesses, especially startups, by failing to take a differentiated approach. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Procurement Insights

JANUARY 3, 2025

Shift Toward Value Creation : CFOs increasingly view procurement as a driver of enterprise-wide value , contributing to innovation, supplier collaboration, and strategic goals. Procurement is no longer judged solely on cost savings but also on metrics like risk mitigation, supplier diversity, and innovation impact.

Agile and Lean Supply Chain 52

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

ivalua

DECEMBER 15, 2021

As a part of the UN Global Compact, Ivalua translates its beliefs into a comprehensive and actionable framework from the core of its business strategy.

Spend management 130

Spend management Supply Chain Efficiency Sustainability Business strategy 130

ivalua

AUGUST 29, 2019

Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

Procurement 154

Procurement Procurement team Supply Chain Efficiency Business strategy 154

ivalua

NOVEMBER 25, 2019

Jon is the President of the JLL Digital Businesses. JLL Digital is a cloud software company focused on bringing innovation to the industry to improve how companies manage properties and advise clients on investment strategy. Jon also serves as a Senior Advisor for The Carlyle Group.

supply chain software solutions 20

supply chain software solutions Business strategy Strategic sourcing Strategic sourcing 20

Procurement Tactics

JUNE 7, 2023

It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Empowering CPO

JULY 3, 2023

Amid the rapidly evolving business landscape, it is no longer sufficient for companies to merely manage their procurement operations – they must innovate. Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth.

Innovation 52

Innovation Strategy Procurement Management 52

Barkers Procurement

DECEMBER 19, 2024

1) Establish Clear ESG Criteria and Objectives Define what ESG means within the context of your business. Establish clear, measurable objectives based on the material aspects of ESG that align with your business strategy. 2) Supplier Assessment and Selection Incorporate ESG criteria into supplier selection processes.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Ethics 52

IBM Supply Chain Blog

SEPTEMBER 11, 2023

We are in the midst of an AI revolution where organizations are seeking to leverage data for business transformation and harness generative AI and foundation models to boost productivity, innovate, enhance customer experiences, and gain a competitive edge. The IBM and AWS partnership emerges as a lighthouse of innovation.

Raw materials 104

Raw materials Cost of ownership Innovation Data 104

Planergy

AUGUST 30, 2022

10 Types of Innovation: What Is It, Examples, and How To Use It. Business Opportunity Process & Procedures Strategy & Planning. 10 Types of Innovation: What Is It, Examples, and How To Use It Innovation is key to the success of any business. But what is innovation, exactly? Download Free Copy.

Innovation 52

Innovation Networking Real-time Visibility Purchasing 52

Procurement Templates

SEPTEMBER 14, 2023

This collaboration can involve joint efforts to reduce waste, improve energy efficiency, and develop innovative, eco-friendly products. Eco-friendly Innovation Sustainable procurement is not solely about minimizing negative impacts; it is also about fostering innovation.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Pipefy

OCTOBER 25, 2023

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. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

ivalua

MARCH 14, 2019

It’s a style of working that produced innovative thinking – but by its nature, could be hit and miss; where “miss” could have a significant negative impact to an organisation’s balance sheet. But now with strategic sourcing and category management, the process has become much easier to track, monitor and control.

Procurement 100

Procurement Innovation Networking Strategic sourcing 100

Let's Talk Supply Chain

FEBRUARY 23, 2023

They are creating innovative solutions and building teams to tackle issues affecting the development of the African continent. One of our core goals at Supply Chain Africa is to connect the global community to the African supply chain industry’s distinctive trends, changemakers, and innovators.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Innovation Supply chain 52

Procurement Tactics

JANUARY 9, 2023

Innovation . Integrating sustainability in your business means that there are needed changes in your business strategies. Thus, innovations can help you to adjust the businesses towards greater sustainability which includes: Empowering stakeholders to focus on sustainability and drive execution.

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

Procurement Heads

JUNE 14, 2023

If you know the regulations well and you can think strategically, you can still be agile, innovative and drive value for money. We were not very innovative or creative in our commercial deals. How have you introduced innovation into the organisation? This took time and required a company-wide change.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Spend Matters

OCTOBER 26, 2023

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. akirolabs derives procurement strategies from the overarching business strategy. What is akirolabs’ greatest strength?

e2e 114

e2e Strategy Procurement team Procurement strategies 114

Finale Inventory

SEPTEMBER 19, 2024

Fostering strong communication and promoting a culture of innovation will be vital. Highlight not just the technical skills required but also the future-focused vision of your ecommerce business. Emphasize opportunities for growth, learning, and innovation to entice candidates looking for forward-thinking organizations.

Strategy 94

Strategy Inventory Sustainability Innovation 94

Pipefy

NOVEMBER 6, 2024

From predictive analytics to intelligent automation, AI is reshaping business strategies and driving innovation. AI’s role also provides previously unattainable insights, allowing businesses to analyze vast amounts of data and uncover patterns that inform strategic decisions.

Innovation 52

Innovation Sustainability Product development Management 52

Procurement Heads

APRIL 26, 2023

This structure allows us to bring in business-centricity and innovative supply strategies while delivering efficient and compliant operations. We strive to be a data-driven team using innovative digital solutions. It’s quite a large team of more than 1,500 people spread globally.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

This structure allows us to bring in business-centricity and innovative supply strategies while delivering efficient and compliant operations. We strive to be a data-driven team using innovative digital solutions. It’s quite a large team of more than 1,500 people spread globally.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Una

NOVEMBER 1, 2022

In the same article, fast shipping by large retail outlets (1 or 2 days) has forced the same consumer expectations on smaller businesses (65%). . Strategic sourcing should exist outside of only the procurement department and link to the overall business strategy. Increased efficiency & innovation.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Supply Chain Game Changer

APRIL 29, 2021

Considering the exposed vulnerabilities of the supply chain strategies during the pandemic, the logical progression for these companies is to take advantage of digitization to a greater extent in the post-coronavirus-world. Adding strategic insights into the business. Encouraging innovation and collaboration. Industry 4.0:

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

IBM Supply Chain Blog

MARCH 20, 2023

And when data is a central element of business model innovation, it can be easier to come up with data investments that accelerate business growth. Top down : In this element of the ecosystem, the C-suite pushes for critical alignment with business strategy, so data strategy can be designed to support business goals.

Business strategy 52

Business strategy Data Innovation Strategy 52

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Until you can leverage what it takes to succeed, most businesses today will struggle to maintain fiscal viability and relevance in the Modern Global Market. Inability to execute good Business Strategies. Inefficient Logistics and Business Metrics. Social Responsibility is a major dimension of their business strategy.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Example: Quality, Delivery/Supply Chain, Commercial, Innovation, Sustainability, Collaboration, etc. Build Business Intelligence (the How?). 1 tbs | Strong Leadership. 9 tsp | Spend Analytics.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

IBM Supply Chain Blog

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. However, a lack of precise top-level planning and a narrow focus on technology without integration with business needs led to significant investments with suboptimal results for many companies.

Innovation 66

Innovation e2e Data Quality 66

The Network Effect

SEPTEMBER 26, 2014

The technique later evolved into the Six Sigma business strategy driven through innovations by Motorola and General Electric. Walter Shewhart of Bell Laboratories in the 1920′s and later expanded upon by Dr. W. Edwards Deming.

Agile and Lean Supply Chain 67

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 67

IBM Supply Chain Blog

JANUARY 16, 2024

Why is a strong product development strategy important? The relentless pace of technological advances can mean even the most innovative start-up finds a once-successful product suddenly out-performed or obsolete. Will a product or feature drive specific and measurable business value?

Product development 74

Product development Strategy supply chain budgeting supply chain software solutions 74

Pipefy

JANUARY 14, 2025

Its adoption reshapes business strategies, optimizes processes, and creates new opportunities for companies and employees. How Does Artificial Intelligence Impact Business Strategies? The impact of artificial intelligence is redefining business strategies across all industries.

Real-time Visibility 52

Real-time Visibility Business strategy Data Strategy 52

IBM Supply Chain Blog

MAY 13, 2024

As businesses strive to harness the power of AI, having a spectrum of model choices at their disposal is necessary to: Spur innovation : A diverse palette of models not only fosters innovation by bringing distinct strengths to tackle a wide array of problems but also enables teams to adapt to evolving business needs and customer expectations.

Cost of ownership 70

Cost of ownership Ethics Risk Innovation 70

IBM Supply Chain Blog

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Ethics 94

Ethics Strategy Risk Business strategy 94

IBM Supply Chain Blog

FEBRUARY 12, 2024

This allows businesses and teams to avoid duplication and siloing of data that might be immensely valuable. Teams innovate faster when they easily find reusable streams without being hindered by the need to source new streams for every task.

Data 77

Data Innovation Sourcing Management 77

Let's Talk Supply Chain

JULY 13, 2022

Shipping speed is critical to compete in the marketplaces of the future, and many retailers and logistics companies are turning to innovations to enable new delivery models. At Argo AI , we believe enabling fast and predictable deliveries begins upstream in a pivotal segment we’ve dubbed the urban middle-mile.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Logistics Inventory 98

Spend Matters

AUGUST 2, 2023

Let’s suppose all of this isn’t motivation enough for businesses to put ESG at the center of their business strategy. We’ve also seen some incredible innovations in the ESG space through our B2B marketplace platform that connects large buyers to pre-vetted suppliers.

supply chain budgeting 98

supply chain budgeting Procurement Supply chain Suppliers 98