IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 77

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

SCMDOJO

MAY 15, 2024

Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. It reduces costs and helps maintain a competitive edge.

Supply Chain Optimization 98

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 11, 2024

With AI’s lightning-speed evolution, supply chain attacks are expected to become even more sophisticated and harder to detect, putting procurement and logistics professionals on high alert. Understanding and mitigating these risks are essential to maintaining the integrity and resilience of supply chains.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply chain Procurement 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. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. The transition to cloud solutions in supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Downsides : High cost and potential misalignment with small or medium-sized enterprises.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

EazyStock

SEPTEMBER 14, 2022

Since the effects of the Coronavirus pandemic hit businesses across the globe, supply chain digitalization has moved to the top of many boardroom agendas. As companies look to build resilient supply chains, they are turning to technology to mitigate the impact of future disruption. Warehouse management systems.

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

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?

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Collaboration Innovation Suppliers Supply Chain Efficiency 52

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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supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

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. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

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

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

EazyStock

DECEMBER 13, 2020

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supply chain running as smoothly as possible in the meantime? The best way to safeguard your supply chain will be by building resilience into your operations. That will be years.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 98

Barkers Procurement

FEBRUARY 27, 2023

All of this has put inflationary pressures on the economy overall, driving costs up. Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Risk 52

EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. Supply Chain Digitalization.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. That’s where supply chain risk management software comes in. Subscribe Here! Email Address. Manufacturing.

Risk management 96

Risk management supply chain software solutions Risk Management 96

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. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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. It can help securely share information, make communication more efficient and improve project management. .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

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

TYA Suite

NOVEMBER 15, 2024

Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Building strong relationships fosters transparency and encourages suppliers to share information about their operations, helping to identify potential risks.

Risk management 40

Risk management Risk Suppliers Strategy 40

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in. What could you get?

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

MAY 8, 2023

Effective risk management in procurement is crucial to ensure uninterrupted supply chains, maintain cost-efficiency, protect organizational reputation, and ensure compliance with legal and regulatory requirements. Engaging suppliers in joint risk management activities can result in more resilient and reliable supply chains.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

TYA Suite

JULY 17, 2024

With digital tools and automation, businesses can enhance procurement efficiency, streamline processes, and leverage data for informed decision-making. Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

IBM Supply Chain Blog

MAY 17, 2024

They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions. Meanwhile, 43% are using the technology to inform strategic decisions. AI models analyze vast amounts of data quickly and accurately.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Procurement professionals surveyed in the 2019 CPO Rising study responded that limited budgets and lack of modern procurement technologies were the top seen as the top 2 hurdles for achieving procurement objectives between 2020–2022 (CPO Rising 2019). Subscribe Here! Email Address.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

ivalua

JULY 11, 2022

The release includes a broad set of innovations to empower Procurement and Supply Chain leaders to improve collaboration among internal stakeholders and suppliers, proactively mitigate supplier risk and performance issues, gain efficiency and visibility in contracting and improve guidance and effectiveness across procure-to-pay. .

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Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

Empowering CPO

JUNE 14, 2023

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Key aspects of their approach include: Centralized procurement: This allows Walmart to leverage its buying power, achieve economies of scale, and reduce costs.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52