IBM Supply Chain Blog

JANUARY 25, 2024

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. trillion, up from USD 864 billion in 2019 to 2020.

Supply Chain Optimization 73

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

SCMDOJO

SEPTEMBER 26, 2023

You inherit a lot of the risk when you are a key decision-maker, so your best bet is to figure out the most efficient use of resources. Efficiency should be an objective in every area of the company from top to bottom. Here are a few strategies to make your company more efficient as a whole.

Supply Chain Efficiency 98

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

Procurement Tactics

MARCH 16, 2023

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. You can conduct an analysis to prioritize and align your strategies across functional business areas of the company.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238