Supply Chain Brain

MAY 31, 2021

For all businesses, success involves continually delight ing customers while keeping costs optimized and profitable. But in today’s omnichannel world of next-day delivery and micro warehousing, the path to success is a lot easier said than done.

Cost optimization 121

Cost optimization 121

Spend Matters

SEPTEMBER 25, 2024

NPI is a longstanding and market-leading IT spend optimization service provider with experts providing services in five practice areas, such as licensing and cost optimization consulting. That can amount to a significant expenditure for mid-size and large companies, underscoring the importance of effective management tools.

Vendor relationships 90

Vendor relationships Market analysis Buyers Cost optimization 90

SCMDOJO

AUGUST 28, 2024

Reduced Costs: Optimized warehousing practices minimize storage costs, optimize inventory levels, and streamline picking and packing processes, leading to significant cost savings. This leads to higher customer satisfaction and loyalty.

Real-time Visibility 98

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 98

Spend Matters

JANUARY 16, 2024

Spend analytics: Illuminating the path forward In pursuit of cost optimization, spend analytics offers CPOs a panoramic view of their organization’s purchasing activities. Beyond simple cost breakdowns, these tools delve into data, revealing patterns and trends that empower leaders to make more informed, proactive decisions.

Procurement solutions 85

Procurement solutions Procurement Spend management Supply Chain Optimization 85

Supply Chain Brain

FEBRUARY 28, 2021

Automating accounts payable and procure-to-pay (P2P) processes can help cut costs, optimize cash flow and provide real-time visibility into outstanding payables or potential disruptions.

Real-time Visibility 82

Real-time Visibility Cost optimization Procurement 82

IBM Supply Chain Blog

OCTOBER 3, 2023

Together, IBM Instana and IBM Turbonomic provide real-time observability and control that everyone and anyone can use, with hybrid cloud resource and cost optimization so you can safely automate to unlock elasticity without compromising performance. It’s time for IT to go from reactive to proactive and preventative.

Real-time Visibility 89

Real-time Visibility Cost optimization Budget Data 89

Spend Matters

DECEMBER 20, 2023

To customers — CloudEagle is built for mid- and enterprise-level organizations and offers both cost optimization and actionable insights around SaaS applications in-platform (i.e., Here’s why CloudEagle Matters: To the market — CloudEagle offers SaaS application tracking and management aimed at reducing a customer’s SaaS spend.

Management 80

Management Market analysis Cost optimization Buyers 80

SCMDOJO

DECEMBER 14, 2023

Services offered by Dante: Supply Chain Management Consulting: Dante specializes in offering strategic guidance in supply chain management, ensuring efficiency through demand planning, critical path analysis, and cost optimization for businesses.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

IBM Supply Chain Blog

FEBRUARY 19, 2024

Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses. Therefore, adopting a holistic approach that prioritizes data-driven business transformation helps optimize value extraction. billion, and experts project it to reach USD 14.4

Data 63

Data Cost optimization Sourcing Risk 63

Procurement Leaders

DECEMBER 9, 2022

These partnerships are key whether we are talking about security of supply, supplier innovation for growth or supplier collaboration for cost optimization or delivering on our sustainability ambition. What new capabilities are you looking to develop in your team to help you navigate this period of volatility?

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

Pipefy

JUNE 5, 2024

Because CIOs understand that the untapped efficiency and productivity gains within these processes hold the keys to company growth, cost optimization, and digital transformation. In order to optimize and automate these processes, IT teams need to exert control and gain visibility into how they are being managed.

Influencing 52

Influencing Cost optimization Innovation Strategy 52

ivalua

NOVEMBER 30, 2022

The flexibility of Ivalua’s platform allowed us to evolve with the organization’s needs, which accelerated adoption and generated further efficiencies and cost optimization.” ” “Ivalua is proud to once again be recognized by Gartner as a Leader in Procure-to-Pay,” said David Khuat-Duy, Founder and CEO of Ivalua.

Procurement 130

Procurement Spend management Cost optimization Sustainability 130

IBM Supply Chain Blog

JUNE 11, 2024

The growing need for cloud cost optimization : Cost optimization is essential when exiting VMware because it helps manage and reduce the initial and ongoing expenses associated with migration, ensures efficient use of resources in the new environment, and maximizes the return on investment.

e2e 66

e2e Cost optimization Innovation Real-time Visibility 66

Empowering CPO

FEBRUARY 23, 2024

As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Pipefy

JUNE 12, 2024

No-code automation tools that give business teams more autonomy are also conserving IT resources and giving IT teams more time for the strategy and innovation necessary for cost optimization and spurring business growth.

Cost optimization 52

Cost optimization Innovation Data Strategy 52

Skill Dynamics

JUNE 26, 2024

Strategic decision-making skills: Learn to analyze data, identify trends, and make informed choices that optimize your entire supply chain.

Supply Chain Efficiency 52

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

Una

OCTOBER 12, 2023

Why it's important to know the difference Different options can have major impacts on cost, risk, compliance and strategic alignment. Here’s a summary of the most important impacts: Cost Optimization One of the key reasons to distinguish between onshoring, offshoring, nearshoring, and rightshoring is cost optimization.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Poland-based Procurence is one such provider.

Market analysis 74

Market analysis Procurement Quality management Supply Chain Optimization 74

ivalua

JANUARY 13, 2021

– Cost optimization which comes from two sources: first, the savings that are captured from purchasing through preferred suppliers and compliant channels, and second the lower cost of a more efficient purchasing process.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

IBM Supply Chain Blog

OCTOBER 26, 2023

and today we are announcing the first product integration between IBM Apptio Cloudability, for cloud financial management and, IBM Turbonomic, for hybrid cloud cost optimization. IBM Apptio Cloudability and IBM Turbonomic: advancing your FinOps practice IBM recently completed its acquisition of Apptio Inc.

Cost optimization 65

Cost optimization Collaboration Data Innovation 65

IBM Supply Chain Blog

DECEMBER 13, 2023

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. The role of procurement extends beyond transactional activities.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Sourcing and Supply Chain

MAY 27, 2021

Latest technologies levers How digital transformation happens and what are the benefits, levers used Real-time experience in digital transformation and cost optimization in the industry. Key Take Away Points: Understand industry 4.0 Hurry, register right away! Session 1 – June 05, 2021, at 19:00 IST. Registration Link – [link].

Supply Chain Optimization 52

Supply Chain Optimization Logistics Supply chain Supply 52

Arkestro

JANUARY 4, 2023

Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added. As procurement teams begin 2023, they must plan for resilience, speed, cost optimization, sustainability, and clarity.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

World of Procurement blog

APRIL 24, 2024

Early involvement allows for strategic sourcing, risk management, and cost optimization, significantly impacting the project's success. Q: Can early procurement involvement really make a difference in project outcomes? A: Absolutely. Q: How can we encourage early engagement within our organization?

Procurement 52

Procurement Strategic sourcing Strategic sourcing Risk management 52

IBM Supply Chain Blog

MARCH 14, 2024

Gen AI accelerates the execution and value of hybrid cloud by providing enhanced automation with observability, improved cost optimization with automated insights, and heightened security with compliance across the hybrid platform.

Cost optimization 68

Cost optimization Demand Data Strategy 68

IBM Supply Chain Blog

NOVEMBER 10, 2023

But there’s another option: cloud management platforms and FinOps to better manage costs. In this blog, we’ll look at five simple ways to optimize spend with IBM Turbonomic — a hybrid cloud cost optimization platform and the “Ops” in FinOps — while still leveraging the elasticity of the cloud.

Demand 67

Demand Cost optimization Purchasing Budget 67

SCMDOJO

SEPTEMBER 24, 2024

Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations. Here’s why it matters: Cost Optimization : Internal manufacturing may involve higher upfront investments, but it can reduce long-term production costs.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 97

IBM Supply Chain Blog

AUGUST 11, 2023

Organizations should encourage employees to identify software that is underutilized or not used at all, help devise ways to cut costs or boost efficiency, and think about ways to remove or avoid tech debt before it becomes too burdensome. Six ways IT can create cost savings Cost optimization is top of mind for any organization.

Import 74

Import Management Budget Real-time Visibility 74

IBM Supply Chain Blog

JANUARY 30, 2024

Adopt FinOps for cost optimization A multicloud cloud cost optimization plan combines strategies, techniques and best practices to manage and control costs.

Strategy 91

Strategy Real-time Visibility Data Risk 91

Arkestro

NOVEMBER 5, 2024

However, as procurement teams know, optimizing these processes is multifaceted and complex, especially at scale. The Hackett Group’s findings indicated that the best companies are proactive when it comes to cost optimization — finding ways to thrive and capitalize on growth opportunities regardless of challenges that come their way.

Procurement 52

Procurement supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

SCMDOJO

JUNE 6, 2023

Cost Optimization & Spend Analysis Data analytics can help analyze spending patterns throughout a business’s supply chain. Data-driven insights can also help detect opportunities for cost optimization. And by doing so, they can identify potential failures before they even occur.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Spend Matters

JUNE 6, 2024

Our customers have rapidly adopted intake and orchestration because it provides higher levels of spend visibility across the entire purchasing process, powering data-driven decision making and cost optimizations.

Procurement 86

Procurement Influencing Contract Cost optimization 86

IBM Supply Chain Blog

MARCH 6, 2024

Additionally, without proper monitoring and optimization, ongoing cloud usage costs can escalate rapidly, leading to budget overruns and financial strain. This plan focuses on performance and cost optimization by selecting the most suitable cloud resources for your VMs and their associated volumes.

Strategy 73

Strategy Data Price Cost optimization 73

IBM Supply Chain Blog

MAY 1, 2023

In this blog post, we will review the various methods of GCP cloud cost management, what problems they address and how GCP users can best use them.

Supply Chain Optimization 79

Supply Chain Optimization supply chain budgeting Budget Cost optimization 79

ivalua

APRIL 2, 2019

We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Procurement Tactics

JUNE 7, 2023

Collaborative efforts streamline processes, optimize supply chain operations, and identify cost-saving opportunities, leading to improved efficiency and shared cost optimization. Furthermore, close collaboration with suppliers enables proactive risk mitigation, ensuring business continuity and reducing vulnerabilities.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

IBM Supply Chain Blog

JUNE 19, 2023

By striking the balance between local and global suppliers, companies can achieve a renewed resilience, effective cost optimization and enhanced customer satisfaction, which ensures the stability and sustainability of their supply chain in the long run.

Supply Chain Efficiency 77

Supply Chain Efficiency Risk supply chain budgeting Agile and Lean Supply Chain 77