IBM Supply Chain Blog

JANUARY 25, 2024

These supplies include everything from large infrastructure items such as turbines, generators, transformers and heating, ventilation and air conditioning systems to smaller items like gears, grease and mops. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Supply Chain Optimization 73

Supply Chain Optimization Inventory Agile and Lean Supply Chain supply chain budgeting 73

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Activities Compromising Strategic Procurement 1. Why is it important?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

SCMDOJO

SEPTEMBER 26, 2023

Warehouse Layout Optimization Once you grow to a certain level, you may need significant storage for materials and products. When you optimize your warehouse layout , it allows workers to organize, manage, and recover materials efficiently, saving the company time and money.

Supply Chain Efficiency 98

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