Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. What is the current nature of these Total Cost of Ownership models, and what needs to change to make their use more robust and responsive? What is a Total Cost of Ownership Model?

Cost of ownership 103

Cost of ownership Supply Chain Optimization Procurement Price 103

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

IBM Supply Chain Blog

AUGUST 11, 2023

They could build a state-of-the-art, on-premises data center, only to subsequently find out their costs would be halved if they ran everything on the cloud. They expect IT budget forecasts to contain actual costs with realistic delivery timelines and a good understanding of how the completed project will impact the business.

Import 74

Import Management Budget Real-time Visibility 74

IBM Supply Chain Blog

AUGUST 1, 2023

These capabilities help identify and block advanced threats like ransomware and cyberattacks in real-time on any type of endpoint. The number of apps keeps increasing and makes it hard for the IT team to manage and protect, and this may lead to patching being a full-time job.

Risk 54

Risk Management Real-time Visibility e2e 54

Empowering CPO

MAY 15, 2023

Procurement is not just a corporate department; it is a critical business function that has the potential to influence an organization’s profitability, operational efficiency, and strategic success. It’s the art of sourcing, negotiating, and purchasing, all while maintaining a keen eye on quality and cost.

Procurement 52

Procurement Quality Innovation Cost of ownership 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Recent projects include the digital transformation of a worldwide service and repair parts program; enabling an OEM’s end-to-end supply chain visibility of outsourced manufacturers, assemblers, distribution hubs and 3PL’s; and forming a B2B business development capability for a successful B2C eCommerce company. Today, it’s more complex.

Leadership 42

Leadership supply chain software solutions Bill of materials Real-time Visibility 42

TYA Suite

NOVEMBER 25, 2024

One of the often-overlooked benefits of sustainable procurement is its potential for significant cost savings. By prioritizing energy-efficient products and sustainable materials, organizations can reduce their operational expenses over time. These goals should be specific, measurable, achievable, relevant, and time-bound (SMART).

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40