IBM Supply Chain Blog

JULY 5, 2023

You can scale your cloud resources up or down to meet demand, and costs will follow. However, cloud services costs can be higher than anticipated, so monitoring and optimizing your cloud spend is critical. Why do you need cloud cost optimization? How do we prevent overprovisioning and overspending?

Cost optimization 63

Cost optimization Real-time Visibility Price Budget 63

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Insights

JANUARY 3, 2025

Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation. Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies.

Agile and Lean Supply Chain 52

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

SCMDOJO

MARCH 25, 2024

Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Global Supply Chain Complexities: Nowadays, global supply chains have been subjected to a heightened need for dynamism, responsiveness, and online visibility.

Supply Chain Efficiency 98

Supply Chain Efficiency Warehouse operations Supply Chain Optimization supply chain software solutions 98

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. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Insights

MARCH 16, 2025

MCP ensures that AI-driven procurement solutions retain, process, and apply relevant context to enhance decision-making and operational efficiency. Contextualized Spend Analysis & Cost Optimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

SCMDOJO

DECEMBER 14, 2023

This crucial step forms the foundation for a tailored and efficient sourcing process. They engage with suppliers on behalf of the client, discussing pricing, payment terms, delivery schedules, and other critical aspects. Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards.

Sourcing 104

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

Procurement Templates

MARCH 3, 2024

This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. This involves assessing suppliers’ capabilities, pricing, quality standards, and reputation.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

SCMDOJO

AUGUST 28, 2024

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain.

Real-time Visibility 98

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

Let's Talk Supply Chain

FEBRUARY 12, 2025

The primary issues plaguing metal packaging producers include: Cost Escalation: With the introduction of new tariffs, production costs‍ have surged, putting strain on the already tight margins of metal packaging producers. This move has prompted a wave of uncertainty and challenges for supply chain operations.

Raw materials 52

Raw materials Supply Chain Optimization Supply Chain Efficiency Supply chain 52

IBM Supply Chain Blog

MAY 17, 2024

IaaS customers receive compute, network and storage resources on an on-demand, over the internet, pay-as-you-go pricing basis. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Real-time Visibility 96

Real-time Visibility Strategy Data Networking 96

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. This blog aims to empower procurement professionals by shedding light on how each report contributes to enhanced transparency, accountability, and efficiency within the procurement function.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. This allows you to tailor your learning to your particular needs.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization?

Supply Chain Optimization 72

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

IBM Supply Chain Blog

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. However, now we see how brittle these global supply chains are. trillion in 2023 because of these disruptions.

Risk 77

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

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

IBM Supply Chain Blog

MAY 12, 2023

However, AWS S3 does come with its own set of challenges, particularly when it comes to S3 pricing. As AWS S3 usage grows, so does the cost; managing AWS S3 pricing can be complex and frustrating, especially when you’re trying to optimize your business.

Price 52

Price Management Real-time Visibility Data 52

SCMDOJO

JUNE 6, 2024

Affordable Pricing: The program offers competitive pricing and value compared to traditional university programs or in-person training. Watch Procurement Jobs in Future I The Supply Chain Show video on SCMDOJO YouTube Channel! Enroll Now! How to Start with the SCMDOJO Procurement Track? What Prior Knowledge is Required?

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

Arkestro

JANUARY 4, 2023

Among them were supply chain disruptions , inflation, and supply scarcity and shortages. The talent shortage in procurement and supply chain is nothing new: it’s been going on for several years now. The Supply Chain Will Continue to Heal. In 2022, procurement faced challenges on multiple fronts.

Supply Chain Optimization 104

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

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. It eliminates waste and enables companies to manufacture products at lower costs.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

IBM Supply Chain Blog

JUNE 11, 2024

Paths beyond VMware The impact of acquisition : A 2023 Forrester study (link resides outside ibm.com) predicts that 20% of VMware clients will move away from VMware stack due concerns around price increases, limited customer support and a mandatory requirement for subscription to software bundles —all of which are a result of the acquisition.

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. It ensures that procurement partners collaborate with reliable vendors, reducing supply chain disruptions. Data governance ensures reliable insights.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Arkestro

OCTOBER 10, 2023

Experts are calling this era a “great compression,” where major players in the industry are forced to digitally transform, do more with less, and place a greater emphasis on operational and process efficiencies. In April 2020, oil prices dropped from $18 a barrel to roughly -$37 a barrel , going negative for the first time ever on record.

Agile and Lean Supply Chain 52

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

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.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

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. The supply chain on the left represents the resource relationships that Turbonomic maps out from the business application down to the Cloud Region.

Supply Chain Optimization 79

Supply Chain Optimization supply chain budgeting Budget Cost optimization 79

IBM Supply Chain Blog

MARCH 6, 2024

As businesses adapt to the evolving digital landscape, cloud migration became an important step toward achieving greater efficiency, scalability and security. This migration type is driven by the pursuit of cost efficiency or for better security. This shift involves a fundamental change in the way a company operates.

Strategy 73

Strategy Data Price Cost optimization 73

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. These cost pressures necessitate a strategic approach to spending and resource allocation. Introduction A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

supply chain budgeting 52

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

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. They must constantly stay ahead of market trends, researching to understand changes in pricing, supplier landscapes, and industry regulations.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. AI can even detect potential duplicate payments, pricing errors, or anomalies that may indicate fraud or abuse. This improves compliance.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

TYA Suite

AUGUST 26, 2024

For small and medium-sized businesses (SMBs), optimizing procurement processes is essential for maintaining a competitive edge and ensuring operational efficiency. With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Real-time Visibility Procurement 40

Empowering CPO

FEBRUARY 11, 2024

At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness. Consulting firms like ours leverage cutting-edge tools and analytics to gain deep insights into market trends, supplier performance, and cost structures.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

IBM Supply Chain Blog

AUGUST 16, 2023

There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market. It isn’t always easy to move from on-premises to the cloud, and it doesn’t always reduce costs initially.

Real-time Visibility 64

Real-time Visibility Budget Cost optimization Demand 64