Spend Matters

FEBRUARY 5, 2025

While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Procurement has evolved from a back-office function to a strategic driver of innovation and value. Real transformation demands a mix of creativity, strategy and much patience.

Procurement 112

Procurement Change management Strategy supply chain budgeting 112

Supply Chain Game Changer

MAY 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.

Logistics 98

Logistics supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 98

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

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

Procurement Software

JANUARY 26, 2025

Increasing inflationary cost pressures, more supply chain disruptions, and the imperative for more transparency to satisfy Corporate Social Resposibilty (CSR) directives, or recent legislation in countries like Germany and Norway. In the bullish case, the technological advancements will massively help us get there.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These four steps constitute the upstream source-to-contract part of the process.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

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 Management Real-time Visibility Supply Chain Optimization 50

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

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

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

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. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

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

IBM Supply Chain Blog

SEPTEMBER 20, 2023

Such services can empower citizens and help restore trust in public entities by improving workforce efficiency and reducing operational costs in the public sector. 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

Una

OCTOBER 17, 2023

They will be able to suggest alternative suppliers, forecast demand, and proactively identify potential supply chain disruptions, allowing organizations to take proactive measures. Looking for more insight into procurement software and IT spend solutions? One of our team members will personally reach out within 24 hours.

Procurement 52

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

Procurement Insights

MARCH 23, 2025

Indirect spending typically represents 15-27% of revenue in manufacturing companies, making it a significant area for cost optimization. The company likely has multiple facilities, a global supply chain, and sustainability priorities (e.g., Reason: Moderate savings from standardizing services, limited by fixed costs.

Supplier consolidation 52

Supplier consolidation Supply Chain Optimization Logistics Strategic sourcing 52

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

Solvoyo

NOVEMBER 26, 2020

For omnichannel fulfillment to work effectively, there are many strategic, tactical, and operational supply chain planning decisions requiring advanced analytics. When you buy four pairs of shoes and eight pairs of pants online, the software of the retailer should estimate the return quantity and location by using historical data.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Inventory Data 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

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

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

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 14, 2024

Additionally, tracking assets provides a clear overview of your business’s financial health, aiding in making informed decisions on purchases, investments, and cost optimization. Asset management also optimizes your supply chain. Why Use a Spreadsheet Template for Asset Management?

Management 52

Management Inventory supply chain software solutions 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

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

Pipefy

JANUARY 9, 2024

Following global disruptions that halted supply chains and shifted business models from reactive to proactive, smart procurement is essential for: Navigating business challenges Increasing transparency. For this reason, it’s important to choose a tool or software that allows for agile process customization.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Procurement supply chain software solutions 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. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility 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. Improve your resilience. How Procurify Helps.

supply chain budgeting 52

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

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

Finale Inventory

JULY 21, 2024

Additionally, having an accurate reorder point helps eliminate unnecessary costs associated with excess inventory, such as storage fees and obsolescence. A strategically calculated reorder point also enhances operational efficiency within the supply chain.

Supply Chain Efficiency 52

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

Arkestro

JANUARY 23, 2024

They spend much of their time analyzing inventory levels, assessing current and anticipated needs, and identifying potential gaps in the supply chain. Procurement management isn’t associated with one specific degree, but many majors could prepare someone for the industry, such as business, economics, supply management, or finance.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

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

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

IBM Supply Chain Blog

JULY 26, 2023

Balancing strategic objectives, budget constraints, and the need for cost optimization requires careful consideration and decision-making. Spreadsheets allow for customization and can be a cost-effective option for smaller organizations.

Budget 56

Budget Data Cost optimization Collaboration 56

IBM Supply Chain Blog

MAY 25, 2023

This enabled simpler integration and offered a major reduction in software licensing costs. For example, ExaVault chose an observability solution for instant visibility into application performance issues and reduced mean time to resolution (MTTR) by 56.6% as a result.

Real-time Visibility 70

Real-time Visibility Data Sustainability Cost optimization 70

Finale Inventory

AUGUST 23, 2024

Inventory management software: Utilize inventory management software that integrates with your accounting system and provides real-time tracking of inventory. By integrating your ecommerce platform with your inventory management software, you can automatically update inventory counts based on online sales and returns.

Inventory 52

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