IBM Supply Chain Blog

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.

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Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

ivalua

OCTOBER 1, 2020

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. This incomplete scope reduces the potential ROI and reintroduces problems that would be caught by manual invoice processing.

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Real-time Visibility Networking Supply Chain Efficiency Suppliers 130

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

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Sourcing Real-time Visibility e2e supply chain software solutions 130

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. It’s not just the price… if you can’t narrow down to cost per load, it’s going to be really difficult to figure out how much the cost of booking freight actually is.”

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Real-time Visibility Price Collaboration Supply Chain Efficiency 98

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. Keep reading and we’ll break down inventory management versus product data management and the systems that each requires. Inventory management starts with the fundamental in and out of your supply chain. It also needs to provide a real-time look at stock.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?

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Collaboration Innovation Suppliers Supply Chain Efficiency 52

ivalua

AUGUST 5, 2020

If this is done in a coordinated way, Invoice to Pay is more powerful than the traditional silo’s of Invoice software management, budget allocation and payments. This makes paying an invoice faster, simpler and on time. If at any stage buyer interaction is required, this is provided via a low touch email or mobile friendly interface.

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supply chain software solutions Real-time Visibility Networking Suppliers 130

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

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Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

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Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

Jaggaer

NOVEMBER 12, 2019

This has brought benefits but not sustainable value , especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. A “wish list” was given in the area of supplier collaboration on the part of “mature procurement leaders”: Supplier enablement: accelerating time to value and driving supplier loyalty.

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Collaboration Suppliers Data supply chain software solutions 78

Let's Talk Supply Chain

MAY 14, 2023

Flexport is building the platform for global logistics, empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. He oversaw all sales and operations, sponsored Fortune 500 global accounts and led an organization with nearly 1,000 full time employees under his leadership.

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e2e supply chain budgeting Supply Chain Optimization supply chain software solutions 59

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. While this approach may result in short-term savings, it can be counterproductive in the long run.

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Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible.

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Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

MAY 12, 2021

Subscribe to Supply Chain Game Changer. You put time, energy, focus, and emotion into a negotiation, so naturally, you want to come out feeling as if you’ve done a good job, get a good price, or ‘won’. Language like ‘supplier shall’ and pre-defined performance/penalty metrics are classic terms within buyer-supplier agreements.

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Negotiation Buyers Bidding Collaboration 69

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

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

The Thomas Blog

JUNE 22, 2022

To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buyer behavior has changed. Buyers want to know as much about you as they can to help answer these questions: Are you reliable? Be Where Buyers Search For New Suppliers.

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Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Procurement Express

DECEMBER 24, 2024

Without proper purchase controls, budgets spiral, supplier management suffers, and inventory levels become a guessing game. Add in multi-location teams and inept suppliers, and it’s no wonder you can keep the train running on time without the right controls in place. Lets dive into why it matters and how to do it right.

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Purchase orders Purchasing Management Real-time Visibility 52

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

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Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Let's Talk Supply Chain

OCTOBER 2, 2023

Guest bio: Bobby has a passion for digitizing and streamlining the traditional supply chain. As the Senior Director – Marketplace, Bobby is responsible for expanding the buyer and supplier communities on the marketplace across the continental US. In his spare time, he enjoys golf and boating.

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Demand Supply Chain Efficiency Real-time Visibility supply chain budgeting 52

Spend Matters

JUNE 19, 2023

Why buy a Spend Analytics solution Spend analytics helps generate business-relevant spending insights across internal spenders and the supply base by leveraging historic and predictive datasets across the enterprise. Click to enlarge Exploring the actual market state of the top 5 capabilities 1.

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Real-time Visibility Data e2e Quality 78

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

AUGUST 2, 2023

They don’t want to fill out a form to request a quote, send an email to get pricing information, or wait to get simple answers; they want real-time answers and action. Customers who flooded Camping World’s call center were often met with long wait times or were dropped accidentally.

e2e 70

e2e Real-time Visibility Strategy Price 70

Finale Inventory

JULY 26, 2024

Proper inventory management allows you to accurately track your stock levels, prevent overstocking or understocking, and optimize your purchasing decisions. By implementing effective strategies, you can reduce costs, minimize inventory errors, and improve overall efficiency.

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Inventory Supply Chain Efficiency Strategy Management 52

Supply Chain Game Changer

APRIL 26, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

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

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

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Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

IBM Supply Chain Blog

MAY 17, 2024

Over 90% of business buyers say a company’s customer experience is as important as what it sells. To avoid this, it’s crucial for businesses to carefully plan and design intelligent automation initiatives that prioritize the needs and preferences of their customers, whether they are consumers or B2B buyers.

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Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. It also provides real-time data and analytics that can be used to improve purchasing decisions. Will robots replace me?”

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

Positive Purchasing

MAY 9, 2023

Once we knew what we had, we could start to think about coordinating and bringing together all the data points that would allow our buyers to make different data-based decisions and possibly act quicker. It would also warn of supply chain impact as a result of geopolitical or natural catastrophe events.

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Procurement Buyers Real-time Visibility supply chain budgeting 52

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

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

TYA Suite

MAY 14, 2023

Inventory management or inventory control is the process of monitoring the warehouse of a business to ensure that the stock is being used at the optimum level and is managed well. Automation eliminates human error, saves time, and decreases the probability of mistakes.

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. What are e-procurement tools? The features of these solutions can vary widely.

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Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. Continual late deliveries should raise a red flag.

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Procurement Real-time Visibility supply chain budgeting Procurement team 52

World of Procurement blog

MAY 23, 2024

The goal of supplier consolidation is to streamline procurement processes, reduce costs by leveraging economies of scale, strengthen relationships with top-performing suppliers, and drive performance improvements through better coordination. Working closely with fewer suppliers also enhances supply chain transparency and resilience.

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