Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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

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

TYA Suite

AUGUST 26, 2024

With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity. In this blog, we explore the key features and importance of procurement software for small and medium-sized businesses and how to choose the best procurement software solutions specifically designed for SMBs.

supply chain software solutions 40

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

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

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

JANUARY 30, 2024

A simple multicloud scenario may involve a company using two different cloud providers to carry out Software-as-a-Service (SaaS) —software applications (e.g., A PaaS approach helps companies reduce the cost, complexity and inflexibility associated with building and maintaining a platform on-premises.

Strategy 91

Strategy Real-time Visibility Data Risk 91

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

DECEMBER 11, 2023

Before cloud computing, organizations had no other option but to store data and run their software applications within a traditional IT infrastructure setting—a form of centralized computing comprised of on-premises data centers , servers, networking hardware and enterprise software applications.

Real-time Visibility 101

Real-time Visibility Data Strategy Networking 101

IBM Supply Chain Blog

DECEMBER 20, 2023

AWS, Google Cloud Services, IBM Cloud, Microsoft Azure) makes computing resources—like ready-to-use software applications, virtual machines (VMs) , enterprise-grade infrastructures and development platforms—available to users over the public internet. For instance, some public cloud providers charge extra for data egress (e.g.,

Strategy 93

Strategy Real-time Visibility Data e2e 93

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

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. This blog will outline solutions to implement when planning for a downturn. Improve your resilience. How Procurify Helps.

supply chain budgeting 52

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

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. Vendor lock-in Vendor lock-in causes organizations to risk becoming dependent on a single cloud provider’s proprietary services, APIs and pricing models.

Strategy 73

Strategy Data Price Cost optimization 73

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Empowering CPO

JUNE 26, 2023

Cost Pressures: Healthcare organizations face significant cost pressures due to factors such as rising drug prices, expensive medical equipment, and the need to attract and retain skilled healthcare professionals. These cost pressures necessitate a strategic approach to spending and resource allocation.

supply chain budgeting 52

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

IBM Supply Chain Blog

AUGUST 16, 2023

A comprehensive, intelligent cloud strategy done correctly often costs less than on-premises data centers and can unlock significant value for both incumbent organizations and startups alike. SaaS (Software-as-a-Service) provides on-demand access to ready-to-use, cloud-hosted application software.

Real-time Visibility 64

Real-time Visibility Budget Cost optimization Demand 64

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

Arkestro

JANUARY 23, 2024

To achieve their goal, procurement managers must learn the art of sourcing and managing supplier relationships , negotiating costs, complying with laws and regulations, and more. 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

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 Purchasing Cost optimization Budget 67

World of Procurement blog

MAY 10, 2024

Conducting market research : AI can scan the web to collect pricing information, identify potential suppliers, assess supplier reputations, and keep up-to-date with market and industry trends. AI can even detect potential duplicate payments, pricing errors, or anomalies that may indicate fraud or abuse.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 28, 2023

To solve this challenge, IBM Consulting is working with partners like Amazon Web Services (AWS), who are focused on providing a platform and tool set for processing omics data at in a secure, scalable and cost optimized manner. What is Amazon Omics?

Innovation 62

Innovation Data Strategy supply chain software solutions 62

Empowering CPO

JUNE 27, 2023

It provides invaluable insights into spending patterns, supplier performance, and opportunities for cost optimization. It allows organizations to understand their spending behavior, identify opportunities for consolidation and standardization, and ensure compliance with contract terms and negotiated pricing.

Procurement 52

Procurement Real-time Visibility Supply Chain Optimization Procurement strategies 52

Finale Inventory

JULY 23, 2024

By effectively managing your inventory, you can minimize costs, optimize storage space, and provide exceptional customer service. By analyzing these factors, ecommerce businesses can make informed decisions about inventory levels, pricing strategies, and marketing campaigns to maximize profitability.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 23, 2023

How Turbonomic helps: Determining workload type across an entire hosting environment is a significant task, but made easy with the help of cloud cost optimization software. Cost : Cost is among the most important considerations and challenges when choosing an EC2 instance type.

Networking 40

Networking Price Data Demand 40

Empowering CPO

JUNE 27, 2023

Risk Mitigation: By analyzing spend data, organizations can identify potential risks such as over-reliance on a single supplier, supply chain vulnerabilities, or non-compliance with contractual obligations. This can include their catalogs, pricing information, and transactional data.

Real-time Visibility 40

Real-time Visibility Quality Data Suppliers 40

Empowering CPO

JUNE 27, 2023

Benefits of Conducting Category Spend Analysis Category spend analysis offers a multitude of benefits to organizations seeking to optimize their procurement processes and achieve strategic objectives. By proactively addressing these risks, organizations can minimize disruptions and ensure a reliable supply chain.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

IBM Supply Chain Blog

JULY 17, 2023

IBM software products are embedding watsonx capabilities across digital labor, IT automation, security, sustainability, and application modernization to help unlock new levels of business value for clients. 1 When comparing published 2023 list prices normalized for VPC hours of watsonx.data to several major cloud data warehouse vendors.

Data 62

Data Sourcing Innovation Contract 62

IBM Supply Chain Blog

OCTOBER 17, 2023

This is achieved through application monitoring, and the use of application monitoring software. Understanding how each type works and the purpose served is the first step to identifying the software solution and strategy that best meets your organization’s needs. Also, find out what deployment options are offered.

Real-time Visibility 70

Real-time Visibility Networking e2e Data 70

IBM Supply Chain Blog

JUNE 15, 2023

The data lakehouse architecture combines the flexibility, scalability and cost advantages of data lakes with the performance, functionality and usability of data warehouses to deliver optimal price-performance for a variety of data, analytics and AI workloads. This provides further opportunities for cost optimization.

Data 86

Data Price Sourcing Cost optimization 86