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. IBM® Turbonomic® eliminates the need to overprovision and overspend.

Real-time Visibility 89

Real-time Visibility Cost optimization Budget Data 89

Jaggaer

OCTOBER 24, 2024

Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction. As procurement and supply chain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

IBM Supply Chain Blog

SEPTEMBER 20, 2023

When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services. Agency for International Development’s Global Health Supply Chain Program.

Supply Chain Efficiency 99

Supply Chain Efficiency supply chain software solutions Data Supply Chain Optimization 99

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

Pipefy

JANUARY 9, 2024

Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. This also leads to more efficient and strategic procurement. And that’s where smart procurement comes in.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Procurement Supply Chain Optimization 52

Procurement Insights

JANUARY 3, 2025

Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

Finale Inventory

JULY 21, 2024

Running an efficient ecommerce business requires careful planning and effective inventory management. By determining the optimal time to reorder products, you can ensure that you never run out of stock while avoiding excessive holding costs. One key aspect of inventory management is calculating the reorder point.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Inventory Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

AUGUST 8, 2023

Whatever the case, large organizations can benefit from enterprise asset management (EAM) software to manage all the physical stuff the company owns. EAMs optimize the quality and utilization of physical assets throughout their lifecycle, increase productive uptime and reduce operational costs.

supply chain software solutions 50

supply chain software solutions Real-time Visibility Management Supply Chain Optimization 50

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

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. Building strong supplier relationships to encourage favorable contracts and service is also a common goal.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

IBM Supply Chain Blog

AUGUST 11, 2023

Or they could license expensive project management software, only to find a fraction of employees were using it. IT cost management is not just a function of cutting costs, it also entails making smarter decisions that can increase revenue and, ultimately, profitability.

Import 74

Import Management Budget Real-time Visibility 74

Una

OCTOBER 17, 2023

The current state of chatbots in procurement Chatbots are intelligent systems, designed to assist procurement teams by automating tasks , providing real-time support to end-users, and enhancing overall efficiency. This ensures that procurement support is readily accessible at any time, increasing efficiency and reducing delays.

Procurement 52

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

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility 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

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 spend much of their time analyzing inventory levels, assessing current and anticipated needs, and identifying potential gaps in the supply chain.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

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

Finale Inventory

AUGUST 14, 2024

Efficient asset management is key for success in ecommerce. Finale Inventory’s asset management spreadsheet template offers a reliable solution to enhance your ecommerce operations. Effective management ensures smooth operations, minimizes losses, and meets customer demands efficiently.

Management 52

Management Inventory supply chain software solutions Supply Chain Efficiency 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. This blog will outline solutions to implement when planning for a downturn. Manage your inventory efficiently.

supply chain budgeting 52

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

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

JULY 26, 2023

He believed that organizations needed a more rigorous approach to budgeting that would ensure resources were allocated efficiently and aligned with strategic objectives. By scrutinizing each line-item expense from scratch, ZBB helps identify unnecessary or redundant costs, preventing overspending.

Budget 56

Budget Data Cost optimization Collaboration 56

Supply Chain Game Changer

AUGUST 8, 2019

Subscribe to Supply Chain Game Changer. Article written for Supply Chain Game Changer by Prakash Pol , Principal Consultant at Infosys India. The Warehouse is a central part of Supply Chain Management in any organization. Subscribe Here! Email Address. Disruptive Warehouse Technologies for Any Company!

Warehouse operations 54

Warehouse operations supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 54

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

Finale Inventory

AUGUST 16, 2024

The ability to efficiently organize and track manufacturing inventory can significantly influence a business’s performance. One such tool is a useful inventory template, which can guide you in organizing and monitoring inventory efficiently. This improves customer satisfaction, reduces operational costs, and boosts profitability.

Inventory 52

Inventory Strategy Supply Chain Efficiency Supply Chain Optimization 52

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

Finale Inventory

AUGUST 23, 2024

By implementing cycle counting, construction businesses can enhance efficiency, lower costs, and boost customer satisfaction. Understanding Cycle Counting in Construction In construction, where materials and supplies are constantly moving and being used, accurate inventory management is important.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 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

Finale Inventory

JULY 3, 2024

Moreover, efficient inventory management enables you to optimize your operations and reduce costs. By accurately tracking your inventory levels and sales patterns, you can identify opportunities for cost-saving measures such as bulk purchasing, reducing carrying costs, or implementing just-in-time inventory practices.

Inventory 52

Inventory Raw materials Supply Chain Optimization supply chain budgeting 52

IBM Supply Chain Blog

MAY 25, 2023

You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. Better visibility, communication and transparency means teams can pinpoint problems in a more nimble and responsive fashion. But are your tools slowing you down? as a result.

Real-time Visibility 70

Real-time Visibility Data Sustainability Cost optimization 70

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

Finale Inventory

JULY 23, 2024

However, with the right tools and mindset, you can streamline your operations and achieve optimal efficiency. By effectively managing your inventory, you can minimize costs, optimize storage space, and provide exceptional customer service.

Inventory 52

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

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

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. By leveraging data and algorithms, AI-powered tools can help reduce risks and costs in the supply chain.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

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

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 Optimization 62

IBM Supply Chain Blog

MAY 12, 2023

S3 Intelligent-Tiering: Amazon S3 Intelligent-Tiering automatically moves data between frequent-access (FA) and infrequent-access (IA) tiers for cost optimization, making it ideal for data with unknown or changing access patterns. However, it is also the most expensive storage class per GB stored.

Price 52

Price Management Real-time Visibility Data 52

IBM Supply Chain Blog

JUNE 26, 2023

Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. AIOps helps you operationalize this approach by using data-driven cloud spend decisions to safely balance cost and performance.

e2e 52

e2e Real-time Visibility Sustainability Data 52