IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Procurement Leaders

JUNE 10, 2024

Just 1% of respondents to a poll Procurement Leaders conducted at the World Procurement Congress said they have “excellent” multi-tier visibility of the supply base. Which leaves 28% of those who responded admitting that the visibility they have is “not great” and, at best, goes as far as Tier-1. This is surprising.

e2e 100

e2e Real-time Visibility Supply Chain Efficiency Raw materials 100

Jaggaer

APRIL 9, 2025

It also aligns with dealership and aftermarket service strategies. Key Challenges in Manufacturing Supply Chains and Solutions The world is currently going through an era of unprecedented challenges in supply chain management. AI-powered risk management platforms can predict disruptions (e.g.,

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. Companies historically have excelled and differentiated themselves because of their R&D capabilities, their products, and their go to market strategy. This will be the central operational strategy for all companies in the future.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Let's Talk Supply Chain

NOVEMBER 1, 2023

04.04] How the pandemic exposed vulnerabilities in supply chains worldwide, bringing the topic of risk to the fore; and the most significant lessons we learned. “No-one You’ve got to have a risk management plan, but if you don’t test it, how do you know it works?” No-one was prepared!

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance.

e2e 130

e2e Suppliers Procurement Contract 130

Pipefy

MAY 21, 2024

These possibilities have the potential for transforming a business, aligning IT strategy with an organization’s business goals, and optimizing its resource management. The lack of a clear strategy can cause these organizations to overspend on resources or underutilize those assets, either of which results in financial inefficiency.

Strategy 52

Strategy e2e Risk management Risk 52

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Procurement Tactics

AUGUST 19, 2022

Risk management. This process involves evaluating potential risks that could negatively impact the organization. It includes features such as built-in mobility, workforce visibility, automation process, increased security, and advanced reporting. . Very useful course, many actionable strategies". Oracle HCM cloud.

Vendor management 130

Vendor management Management e2e Negotiation 130

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management.

Data 100

Data Suppliers Management Procurement 100

Supply Chain Game Changer

OCTOBER 6, 2020

Sourcing strategies, whether that means insourcing or outsourcing, dual sourcing or parallel supply chains, must be implemented to virtually guarantee supply no matter what may happen. Reduce waste, reduce nodes and modes, eliminate handling, simplify and reduce processes and process steps, and implement a Don’t Touch strategy.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

Supply Chain Collaborator

AUGUST 30, 2018

Inbound Logistics’ Emma James put together a great list of the most commonly sought-after features and functionalities to look for in a good TMS solution in an article titled, “Choosing a TMS – What’s Your End Game”. Her TMS solution wish list includes: End-to-end execution. Carrier contract/bid management. Connectivity.

e2e 81

e2e Bidding Logistics Influencing 81

Supply Chain Game Changer

OCTOBER 28, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1. Yet only 26% were able to confidently predict risk within their supply bases. It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Empowering CPO

JULY 2, 2023

One of the key areas we focus on is enhancing supplier risk management through our managed procurement services. Supplier risk management is an integral aspect of procurement, tasked with identifying, assessing, and mitigating risks associated with a company’s supply chain.

Risk management 40

Risk management Risk Suppliers Management 40

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. Supply chain cost is always flat around the optimal strategy.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

MAY 17, 2022

How much of this reactivity could have been, or can be, avoided through the implementation of more robust Supply Chain strategies? Strategies were cast aside. Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

Supply Chain Game Changer

MARCH 3, 2020

Disaster Recovery Planning and Risk Management processes are foundational elements of any effective Supply Chain operation and strategy. If you haven’t dusted off your Disaster Recovery plans or your Risk Management strategies by now then you may be too late to mitigate impacts to your organization.

Supply chain 96

Supply chain Supply Inventory e2e 96

Jaggaer

NOVEMBER 20, 2018

If you think about it, the strategy of planning for a Thanksgiving gathering is very similar to devising and executing a procurement strategy. Strategy —Goal setting and determining what a successful event look like and then modifying plans in order to improve the experience. The same is true in procurement.

e2e 58

e2e Budget Inventory Procurement strategies 58

Supply Chain Game Changer

FEBRUARY 14, 2022

Other than financial management, the CFO is the first line of defence for risk management. They’re required to identify risks early, understand them and offer solutions. Their scope of risk management cuts across all departments in an organization.

Supply Chain Efficiency 96

Supply Chain Efficiency Supply chain Supply e2e 96

SCMDOJO

APRIL 24, 2024

The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. Investing in digital technologies, such as cloud computing and IoT sensors, can also provide end-to-end visibility and stimulate rapid decision-making.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

IBM Supply Chain Blog

MARCH 29, 2024

Existing network assets are aging, and more intelligent asset management strategies must emerge to maintain and replace the grid within tightening budgets. Asset investment planning must find a balance between these systems while minimizing risk and carbon footprint.

Networking 63

Networking Management e2e Real-time Visibility 63

IBM Supply Chain Blog

FEBRUARY 5, 2024

Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states. Ensuring end-to-end Protection To achieve total data privacy assurance, a key component is confidential computing and cryptography.

e2e 66

e2e Data Risk management Risk 66

Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. Having visibility over spend data has provided a basis for achieving savings.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Automation of procurement processes, along with a seamless integration of the other systems such as ERP, WMS, and TMS, will ensure enhanced supply chain visibility.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Supply Chain Optimization Real-time Visibility 19

IBM Supply Chain Blog

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility. This technology can also help reduce the risk of regulatory non-compliance.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Supply Chain Game Changer

SEPTEMBER 17, 2019

At the other end of the spectrum, there’s a tremendous amount of interest in the digital supply chain, whether that involves the Internet of Things , advanced analytics, autonomous vehicles, or other fast-maturing technologies, and developing and implementing the strategies needed to deploy a digital supply chain.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Supply Chain Game Changer

MAY 18, 2021

Clearly these are breakdowns in end to end Supply Chain Management which impact on nature and our environment. A lack of business and government focus on managing impacts to nature will result in further, and irreversible, degradation to nature and to our biodiversity, and by extension to the global economy.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply e2e 64

HICX

MAY 12, 2023

In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. Concluding the presentation, Sam shares a story of being at a conference in June and hearing a CPO saying, ‘We need an end-to-end solution.

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Barkers Procurement

AUGUST 2, 2023

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain? How are suppliers managing the Cost of Goods Sold (COGS)? We recognise that one size does not fit all.

Supply Chain Efficiency 52

Supply Chain Efficiency e2e Procurement supply chain budgeting 52

Supply Chain Game Changer

SEPTEMBER 14, 2021

Investopedia succinctly describes JIT as “a management strategy that aligns raw-material orders from suppliers directly with production schedules. Companies employ this inventory strategy to increase efficiency and decrease waste by receiving goods only as they need them for the production process, which reduces inventory costs.

Raw materials 81

Raw materials Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain 81

IBM Supply Chain Blog

JUNE 29, 2023

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. It enables a centralized repository of information and provides real-time visibility into the entire business.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Regardless, the following nine key strategies can add to your competitive edge. 8: Share Risk for Joint Success Risk has increased across supply chains in recent years.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

World of Procurement blog

MAY 8, 2024

Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Risk Management and Mitigation Supply chains face risks like natural disasters, geopolitical events, labor disputes, supplier failures, and cyber attacks.

Agile and Lean Supply Chain 40

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

Barkers Procurement

JANUARY 26, 2024

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain ? How are suppliers managing the cost of goods sold (COGS)? We recognise that one size does not fit all.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain ? How are suppliers managing the cost of goods sold (COGS)? We recognise that one size does not fit all.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52