IBM Supply Chain Blog

AUGUST 11, 2023

But they are also focusing on cost allocation and expecting greater cost discipline from their CIOs and IT teams, leading CIOs to face increasing pressure to justify their expenditures and keep track of spending. IT cost management has grown in importance because cost control is top of mind for every organization across all industries.

Import 74

Import Management Budget Real-time Visibility 74

Supply Chain Game Changer

JULY 2, 2020

Order Management article and permission to publish here provided by Dave Joseph at veridian.info. An order management system (OMS) is the system of record for maintaining orders and handling inventory. In the omnichannel supply chain, order management improvement leads to confident inventory management across all channels.

Management 54

Management Real-time Visibility supply chain software solutions Supply Chain Optimization 54

IBM Supply Chain Blog

AUGUST 11, 2023

The right time to implement an MES depends on the specific needs and circumstances of each organization, and while there is no one-size-fits-all answer, several key indicators can suggest that it might be the appropriate time.

supply chain software solutions 68

supply chain software solutions Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 68

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Effective contract management provides numerous benefits for companies across industries.

Contract management 52

Contract management Contract Management e2e 52

Una

SEPTEMBER 22, 2022

The number of tech contracts and IT vendors that are needed to support your business can add up quickly, which can make this particular category difficult to manage. It’s not a matter of if IT spend should be managed, but who should be the one managing such a significant portion of a company’s budget.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

IBM Supply Chain Blog

AUGUST 1, 2023

In this day and age, it’s critical that organizations know about and manage all apps installed on their endpoints. Using multiple platforms to discover apps and manage laptops and mobile devices negatively impacts the IT and security team’s efficiency and productivity in continuous application patching.

Risk 54

Risk Management Real-time Visibility e2e 54

IBM Supply Chain Blog

JUNE 30, 2023

To do that, technicians, facility managers, maintenance teams, reliability engineers and project managers need accurate, real-time information at their fingertips. A CMMS automates critical asset management workflows and makes them accessible and auditable. Let’s explore these in more depth.

Management 60

Management supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 60

TYA Suite

JULY 17, 2024

Purchase order (PO) management is a vital aspect of procurement, encompassing the systematic handling of purchase orders from creation to fulfillment. In today's dynamic business environment, efficient po management is essential for optimizing inventory levels, controlling costs, and maintaining strong supplier relationships.

Purchase orders 40

Purchase orders Purchasing Management Supply Chain Efficiency 40

IBM Supply Chain Blog

NOVEMBER 24, 2023

The real problem lies in how the IT is organized, which reflects in how their current applications/services are built and managed (refer to Conway’s law ). Lack of alignment of IT capabilities to business capabilities impacts time to market and business-IT.

Real-time Visibility 89

Real-time Visibility Data Cost of ownership Strategy 89

Finale Inventory

AUGUST 23, 2024

Understanding the Importance of Asset Tracking in Ecommerce Defining Asset Tracking Asset tracking involves monitoring and managing physical assets within a business. These assets may include inventory, equipment, vehicles, and more. Real-time tracking provides insights into asset utilization and performance.

Real-time Visibility 52

Real-time Visibility Inventory Budget Cost of ownership 52

Jaggaer

OCTOBER 24, 2024

From bundling spend to identifying mutual efficiencies, these approaches not only drive down costs but also strengthen supplier relationships, ensuring sustainability and value over time. Any reduction in price is considered a cost saving. Such initiatives can only succeed based on close collaboration with suppliers.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 19, 2018

These are the innovative technologies that I predict companies must use to undergo this transformation within their supply chains: Cloud-based technology deployments lower cost of ownership due to not having a large capital expenditure on hardware and upgrades. With analytics, businesses can more effectively predict and fill demand.

Supply Chain Efficiency 45

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 45

Empowering CPO

FEBRUARY 11, 2024

Procurement market intelligence is a key pillar of it, providing organizations with real-time information on supplier capabilities, emerging trends, and potential risks. The concept of Total Cost of Ownership (TCO) considers not only the purchase price but also factors in operational, maintenance, and end-of-life costs.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

World of Procurement blog

MAY 20, 2024

Contract lifecycle management (CLM) software has become an invaluable tool for procurement teams looking to optimize their contracting processes. As procurement organizations deal with an increasing volume and complexity of contracts, they need solutions to effectively manage the entire contract lifecycle from request through closeout.

e2e 52

e2e Real-time Visibility Procurement Contract 52

Finale Inventory

JUNE 21, 2024

It provides real-time visibility into business operations, enabling managers to make data-driven decisions and respond quickly to changing market conditions. Moreover, ERP systems often include modules for human resources, inventory management, and supply chain optimization.

Supply Chain Efficiency 52

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

Finale Inventory

JULY 17, 2024

ERP software integrates and manages various aspects of a manufacturing company’s operations, including inventory management, production planning, supply chain management, human resources, finance, and more. Security is a paramount concern when it comes to ERP software in manufacturing.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Real-time Visibility 52

Finale Inventory

JUNE 21, 2024

It provides real-time visibility into business operations, enabling managers to make data-driven decisions and respond quickly to changing market conditions. Moreover, ERP systems often include modules for human resources, inventory management, and supply chain optimization.

Supply Chain Efficiency 52

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

TYA Suite

JULY 17, 2024

A offers a seamless solution for managing your. By implementing a cloud-based purchase order system, businesses can streamline operations, enhance accuracy, and gain real-time visibility into purchasing activities. This reduces the total cost of ownership and allows businesses to allocate resources more effectively.

Purchase orders 40

Purchase orders Purchasing Real-time Visibility Cost of ownership 40

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 15, 2023

It’s a myth that “observability is always expensive” because there are various cost-effective options available for implementing observability in modern systems. Prometheus and Grafana) provide additional avenues for cost savings. how much time and resources are developers spending).

Real-time Visibility 48

Real-time Visibility e2e Budget Cost of ownership 48

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Barkers Procurement

MAY 11, 2023

Both options create a high cost of ownership, and configuration can be problematic. E-invoicing capabilities Not all solutions will feature e-invoicing, but this useful feature helps ensure compliance and creates visibility. Here are some of the main ones: In cloud habitation Some organisations build tools internally.

Cost of ownership 52

Cost of ownership Real-time Visibility Purchase orders Procurement strategies 52

Empowering CPO

MAY 15, 2023

It’s the art of sourcing, negotiating, and purchasing, all while maintaining a keen eye on quality and cost. But in recent times, this function has evolved far beyond the simple act of purchasing. Process improvements can also lead to cost savings in procurement. However, a singular focus on cost savings can be risky.

Procurement 52

Procurement Quality Innovation Cost of ownership 52

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Trend

DECEMBER 22, 2023

2% of managers apply best practice decision methods. Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. These two ladies are real Decision Intelligence trailblazers, both have roots in AI/ML.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

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.

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

Jaggaer

JANUARY 23, 2025

US tariffs could hardly come at a worse time for Europes manufacturing powerhouse! But that would take time. A lot of time. Flexibility will be key, and above all visibility and transparency into global supply chains and the ability to turn on a dime. Restructuring supply chains in this way adds to complexity.

Export 52

Export Supply Chain Efficiency Raw materials supply chain budgeting 52