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? The reason boils down to a single word— barriers.

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Jaggaer

OCTOBER 24, 2024

The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. Supply chain collaboration: a broader perspective Supply chain collaboration goes beyond linear relationships within a traditional supply chain.

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Procurement Tactics

DECEMBER 21, 2022

Additionally, we will show you the steps and give you examples of a successful supply chain collaboration. . After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Defining Supply Chain Collaboration.

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SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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Procurement Insights

JANUARY 3, 2025

20202024: Procurement as a Strategic Business Partner Accelerated Evolution During the COVID-19 Pandemic : The pandemic underscored procurement’s role in ensuring supply chain resilience , managing disruptions, and navigating shortages. CEOs recognized procurement as critical to organizational resilience and agility.

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SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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Let's Talk Supply Chain

MARCH 3, 2025

Furthermore, supply chain resilience continues to be a top priority for businesses, with an emphasis on diversifying sourcing locations and building agile, responsive supply networks. Until next time, keep on optimizing, innovating, and pushing the boundaries of what’s possible in the world of logistics.

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Jaggaer

OCTOBER 24, 2024

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible.

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SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

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ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. Smart software shifts from drilling down on existing data to alerting up, so managers can respond to events or trends in real time. .

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Supply Chain Game Changer

NOVEMBER 2, 2022

In today’s world, supply chains are more important than ever. You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains.

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IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets.

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Supply Chain Trend

AUGUST 13, 2020

Understanding this differentiation is important for the manager trying to navigate autonomous planning: rather than assuming everything can be autonomous, the manager can take a more sophisticated view onto the people, process & technology needed to support the future of integrated planning. Business Planning Cycles.

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Una

JUNE 5, 2024

Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? Explore the importance of constructing an entire ecosystem that can easily flex and pivot. Why Do We Need Supply Chain Visibility?

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Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

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TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. What is the importance of supplier risk management? Supplier risk management is extremely important for businesses as it prevents operations against potential disruptions.

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Finale Inventory

AUGUST 28, 2024

This year, supply chain disruptions have posed significant obstacles for small business owners. From global events to the ongoing impacts of the pandemic, these challenges have forced businesses to adapt and find new strategies to navigate through uncertain times.

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Finale Inventory

AUGUST 15, 2024

Inventory shrinkage can pose significant challenges for ecommerce businesses. It refers to the loss of inventory between the time it is received and the time it is sold. Understanding the causes of inventory shrinkage is vital for implementing strategies to minimize it and enhance profitability.

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SCMDOJO

JULY 7, 2023

“But what we saw in Q2 is really the beginnings of the supply chain now running in a healthy way. I joke that we had a board meeting a few weeks ago, and it’s the first time in a board meeting where our supply chain slide had no red on it. Supplier Relationships: Cultivate strong relationships with suppliers.

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Arkestro

MAY 30, 2022

Ultimately, many of the findings explain the importance of predictive procurement , a strategy that will be critical to the future of health and pharma. . The pharma industry was required to ramp up the production and distribution of vaccines and medical supplies as quickly as possible. The stakes couldn’t be higher. .

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NLPA (Next Level Purchasing Association)

NOVEMBER 22, 2024

Tracking Every Shipment in Real Time : Lost shipments? Step 3: Build a Supply Chain That Can Take a Hit The real goal isn’t just surviving disruptions—it’s being ready to bounce back stronger. The time to prepare isn’t tomorrow—it’s today. No more overstocking—or worse, running out.

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IBM Supply Chain Blog

MAY 17, 2024

Over 90% of business buyers say a company’s customer experience is as important as what it sells. Generative AI activates predictive analytics and forecasting, enabling businesses to anticipate and respond to changes in demand, reducing stockouts and overstocking, and improving supply chain resilience.

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Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain.

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Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

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World of Procurement blog

MAY 8, 2024

Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. Importance and Benefits of Effective Supply Chain Management An optimized supply chain is critical for business success and profitability.

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World of Procurement blog

MAY 8, 2024

Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply. Purchasing relies on more basic solicitation processes.

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Empowering CPO

JUNE 14, 2023

Importance of Innovative Procurement Models In the era where change is the only constant, innovation has become a necessity rather than a luxury. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing. But, it’s far more than just buying.

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Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. Environmental Risks This one is especially important for businesses focused on environmental, social, and governance (ESG) issues. Other times, it could be because of bad decisions or poor judgment.

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EazyStock

FEBRUARY 13, 2019

Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! Distributed Inventory. At what point does long delivery time become a deal-breaker for you? A real-life example of digital twin technology can already be seen in some modern cars.

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Let's Talk Supply Chain

FEBRUARY 24, 2025

Addressing these challenges will require proactive measures and collaboration between stakeholders to mitigate the risks and maintain the resilience of the food supply chain.

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Let's Talk Supply Chain

MARCH 2, 2025

Join us as we delve into ‍the far-reaching effects of the supply chain and discover how we can all take action to make a difference. The possibility ‍to be part of this critically importent movement is knocking at your door – don’t miss out! It’s time to tackle the challenges head-on!

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Supply Chain Action Blog

NOVEMBER 6, 2024

The time required just to collect, clean, transform and synchronize data for analysis remains the fundamental barrier to better detection, diagnosis and decisions in the value network. an unexpected surge or decrease in demand based on local demographics, a shipment about to arrive late, a production shortfall at a vendor, etc.)

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