IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? And since one of the major drivers of resiliency is visibility, you can see where this problem takes root.

Real-time Visibility 77

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 77

IBM Supply Chain Blog

JANUARY 8, 2024

In modern enterprises, where operations leave a massive digital footprint, business events allow companies to become more adaptable and able to recognize and respond to opportunities or threats as they occur. Becoming a real-time enterprise Businesses often go on a journey that traverses several stages of maturity when they establish an EDA.

Real-time Visibility 73

Real-time Visibility Export Supply Chain Efficiency Sourcing 73

SCMDOJO

AUGUST 28, 2024

Inventory management was rudimentary, often relying on manual processes and paper-based systems. This approach limited visibility and control over stock, leading to inefficiencies and potential stockouts. The Shift Towards Efficiency: Streamlining Operations As supply chains grew more complex, the need for optimization emerged.

Real-time Visibility 89

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 89

ivalua

AUGUST 16, 2022

The report explains that: “Scope 3 emissions reduction is a key challenge for companies, often due to a lack of visibility and monitoring of suppliers’ data. Closing these visibility and engagement gaps is critical to reducing emissions, but we’re a long way off. But time is of the essence for organizations.

Real-time Visibility 130

Real-time Visibility Sustainability Supply chain Suppliers 130

Procurement Tactics

JULY 23, 2023

The main goal of last mile logistics is to ensure that goods or services ordered by customers are delivered efficiently and on time. This tracking system enables real-time updates on the shipment’s whereabouts and estimated delivery time.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. The key to the success of these strategies begins with communication and transparency, both of which are also essential in times of crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

IBM Supply Chain Blog

DECEMBER 8, 2023

Time and again, we see IT teams struggle to deal with seasonal spikes in demand and outages. It’s an outdated and impractical practice for modern eCommerce and ultimately makes you less competitive over time. The result is faster mean time to detect (MTTD) and mean time to resolve (MTTR).

e2e 115

e2e Real-time Visibility Management Data 115

IBM Supply Chain Blog

JUNE 30, 2023

3 steps to building healthcare supply chain resiliency Step 1: Improve visibility and proactivity Hospital systems work with multiple fragmented teams, technologies and processes to manage daily operations, leading to a pervasive lack of data visibility. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 77

IBM Supply Chain Blog

SEPTEMBER 28, 2023

Modern application environments need real-time automated observability to have visibility and insights into what is going on. All of this requires manual effort and takes considerable time and resources to install, set up and continuously maintain New Relic monitoring. Instana does all of that for you—automatically.

Real-time Visibility 94

Real-time Visibility e2e Inventory Data 94

Supply Chain Game Changer

NOVEMBER 13, 2018

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

Real-time Visibility 72

Real-time Visibility e2e Supply Chain Efficiency Supply chain 72

The Thomas Blog

MAY 16, 2024

Event lead generation is the process of attracting and converting event attendees into prospects with a potential interest in a company's products or services. At its core, it's about creating valuable interactions that capture participants' attention, whether through a trade show, conference, webinar, or any other type of event.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Quality 52

Supply Chain Game Changer

SEPTEMBER 19, 2022

This will allow companies to have more visibility into their inventory, improve their cash flow and provide them with an overall better understanding of where they stand in relation to their customers’ needs. Real-Time Visibility and Responsiveness to Unstuck Supply Chains. Distributed Data Is Efficient.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 100

Supply Chain Game Changer

FEBRUARY 8, 2022

Once admired just-in-time systems have faltered badly. One of the fundamental problems which has contributed to the current breakdowns is the sheer lack of visibility. Comprehensive visibility, in real time, would enable the most informed, holistic decision making necessary to deal with what is going on.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

Supply Chain Collaborator

MARCH 16, 2020

Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. So how does logistics management software prepare shippers to accommodate any business environment – even those that materialize in the wake of unexpected events?

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Once you have visibility into your tail spend, you can look at patterns. We need to change the perception of procurement and create a beneficial user experience that lowers risk, reduces time and of course, cost. . Who purchased it.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. However, maintenance inventory optimization is only part of the solution.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Procurement Tactics

JUNE 6, 2023

Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs. By analyzing past data, trends, and upcoming events, businesses can ensure sufficient product availability while avoiding excess inventory.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

IBM Supply Chain Blog

AUGUST 24, 2021

Let’s explore three ways in which fulfillment can be challenged during the holidays and how to overcome these hurdles with preparation ahead of known events. This requires real-time inventory visibility and optimized order orchestration, helping to deliver stronger customer care through more polished fulfillment experiences.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Inventory Supply chain 52

Procurement Tactics

DECEMBER 21, 2022

After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Defining Supply Chain Collaboration. However, this idea turns out to be untrue.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Spend Matters

OCTOBER 31, 2024

Primarily, our customers are prioritising supply chain visibility, adopting proactive risk management strategies and staying compliant with evolving regulations. These advancements will enable businesses to gain visibility of vendor risks, manage them more effectively, and stay aligned with regulatory requirements.”

Risk management 90

Risk management Risk Management Real-time Visibility 90

Spend Matters

OCTOBER 31, 2024

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” It’s often felt that it just adds more time to the procurement process. That statement couldn’t be less true today.

Risk management 92

Risk management Risk Import Real-time Visibility 92

SCMDOJO

JUNE 14, 2023

But before we get to that, let’s establish why supply chain visibility matters. Why Supply Chain Visibility Matters In the First Place Supply chain visibility refers to the ability to track and monitor products as they move through the supply chain. Having supply chain visibility is crucial for several reasons.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 104

ivalua

AUGUST 26, 2015

Thus when launching an information gathering initiative, it can be difficult to ascertain where to put the most time to get the fastest and strongest return on the project. Block a supplier from participating in a sourcing event. Launch a sourcing event to find additional capacity. Here are three examples.

Suppliers 100

Suppliers Real-time Visibility Sourcing Quality 100

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Few knew until impacted.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

ivalua

MAY 19, 2022

By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Supply Chain Game Changer

NOVEMBER 16, 2021

It’s a good time to reflect on recent global events and what this should mean for the future. Despite the cataclysmic disruption caused by the pandemic, inertia will prevent real and sustainable progress from being made. And having the courage to implement these changes will be the real test of leadership.

Supply chain 89

Supply chain Real-time Visibility e2e Supply 89

ivalua

MARCH 28, 2019

The huge growth in the use of technology has been the most visible part of that developing picture. I first saw this term used a few years ago by Philip Ideson, as a title for his website and excellent series of podcasts, and it feels like this may be an idea whose time has come.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Supply Chain Game Changer

JULY 27, 2021

According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. Stuff happens, and it happens all the time. Think about how many times you’ve been asked to review a Disaster Recovery plan. Conclusion.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

Una

FEBRUARY 19, 2024

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses? Why is visibility so important?

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility Supply Chain Optimization Supply chain 52

Supply Chain Brain

FEBRUARY 8, 2024

Lastly, harness the power of master data integration throughout the supply chain, granting real-time visibility and risk mitigation, ensuring that business sails smoothly through turbulent waters. Secondly, recalibrate digitalization strategy, prioritizing cost-effective solutions for maximal business impact.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain e2e Real-time Visibility Supply chain 52

IBM Supply Chain Blog

NOVEMBER 21, 2023

Apache Kafka is a well-known open-source event store and stream processing platform and has grown to become the de facto standard for data streaming. It does not have any visibility of what kind of data are being sent and received, or what data types it might contain. Provision an instance of Event Streams on IBM Cloud here.

Real-time Visibility 96

Real-time Visibility Quantity Data Quality 96

SCMDOJO

APRIL 29, 2024

Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement. Efficient order fulfillment processes ensure timely and accurate delivery, enhancing customer satisfaction.

Supply chain management 95

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 95

SCMDOJO

NOVEMBER 20, 2024

Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence. Click here!

Inventory 90

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 90

ivalua

MARCH 9, 2023

Either through data analysis or demand from the business–there is a need to execute a sourcing event. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

MAY 1, 2024

For example, combining generative AI with technologies such as blockchain helps to keep data about the material-to-product transformation unchangeable across different entities, providing clear visibility into products’ origin and carbon footprint.

Supply Chain Optimization 78

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 78

SCMDOJO

APRIL 4, 2023

When it comes to managing a supply chain, having access to real-time data can be a game-changer. By providing visibility into every aspect of the supply chain, companies can identify bottlenecks, reduce waste, and minimize delays. This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

ivalua

NOVEMBER 12, 2019

Customers are able to consolidate real-time information spanning supplier performance evaluations, transactional data, spend data, contractual information and external risk information from major third-party data providers.

Risk management 20

Risk management Risk Management Real-time Visibility 20