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

Procurement Tactics

MAY 16, 2023

In a 4PL model, the external provider (also known as the lead logistics provider or LLP) manages and coordinates all aspects of the supply chain , including transportation, warehousing, inventory management, and distribution. 4PL services may also not be cost-effective for small companies due to their pricing.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Procurement Tactics

JUNE 19, 2023

Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

ivalua

JUNE 10, 2021

With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

ivalua

JUNE 10, 2021

With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. And Hubtek is a tech-enabled talent and automation solutions provider for transportation companies across North America.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

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 84

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 84

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. This automation saves time and effort, making the procurement process more efficient.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Tactics

MARCH 27, 2023

Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

ivalua

JUNE 29, 2021

Furthermore, the Covid-19 crisis has led to the realization that paying suppliers on time, no matter where they are, is critical to maintaining a strong and reliable supply chain and a preferred customer status. All within the same automated workflow, tightly linked to the invoice and procure-to-pay process. Notes to Editors.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Finale Inventory

AUGUST 13, 2024

In the ecommerce industry, accurately calculating your wholesale price is vital for the success and profitability of your business. With the help of Finale Inventory, you can streamline this process and ensure that you are setting the right wholesale prices for your products.

Price 52

Price Inventory Real-time Visibility Purchase orders 52

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Poorly utilized preferred suppliers with negotiated pricing. Once you have visibility into your tail spend, you can look at patterns. Non-compliance with internal policies and regulation, creating legal risks for the company. . Who purchased it.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

Procurement Heads

FEBRUARY 8, 2023

Currently, wholesale gas and electricity prices have been fixed for firms from October until March 2023, but the help is under review due to the cost. One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Amrest onboards new vendors at competitively-positioned pricing on a regular and consistent basis. To put this into perspective, restaurants have fridges and fryers in use all the time, 24 hours per day.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. When consumers have more money to spend, they compete for limited goods, driving prices up. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Supply Chain Game Changer

SEPTEMBER 22, 2022

Getting the right amount of products at the right price. Spend Visibility. Spend visibility is a pretty big deal when it comes to procurement or any type of invoicing management for that matter. Transparency is a good thing when it comes to spending visibility. Real-time Spend Tracking. Choosing suppliers.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Spend Matters

JANUARY 14, 2025

Approval lead time is another important metric. This aligns closely with the need for real-time visibility and analytics capabilities so that they can integrate procurement data with their other financial systems to enable data-driven decision making.

Real-time Visibility 100

Real-time Visibility Procurement Budget Procurement team 100

ivalua

JUNE 10, 2021

Real time pricing and inventory ensures items selected are available. Uncontrolled, such ad hoc, low-value spend often goes under the radar, is outside of policy or processes and leaves Procurement with poor visibility, high transaction processing costs and can distort financial reporting and analytics.

Real-time Visibility 130

Real-time Visibility Procurement team 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

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. Select partners based on their capability.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

SCMDOJO

APRIL 29, 2024

A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers. Efficient order fulfillment processes ensure timely and accurate delivery, enhancing customer satisfaction.

Supply chain management 92

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 92

Supply Chain Game Changer

SEPTEMBER 20, 2022

Before shippers select a carrier partner for large-scale shipping, they should first consider that carrier’s track record: does that shipper have a record of delivering on time? If the answer to these questions is anything other than ‘yes’ and ‘stellar,’ it’s time to look elsewhere.

supply chain software solutions 93

supply chain software solutions Real-time Visibility Supply Chain Efficiency Logistics 93

Supply Chain Collaborator

MARCH 16, 2020

Coming at a time when the pandemic is depressing global consumption of oil thanks to plummeting travel plans and shelter in place orders, it seems counter intuitive that demand to move oil would be at record high volumes. By Furnishing Upstream and Downstream Visibility to More Effectively Coordinate with all Facets of the Supply Chain.

supply chain software solutions 108

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

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 85

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 85

IBM Supply Chain Blog

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction. They instead focus on continuous improvement.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Spend Matters

OCTOBER 31, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.

Real-time Visibility 102

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 102

Supply Chain Game Changer

JULY 1, 2020

Amazon’s continued success at omnichannel delivery and fulfillment, including one-day delivery for Prime subscribers, has increased the pressure on retailers and shippers to provide faster, lower priced, more convenient last mile service delivery and fulfillment. Are you using software to increase efficiency across the entire supply chain?

supply chain software solutions 97

supply chain software solutions Real-time Visibility Supply Chain Efficiency Logistics 97

Finale Inventory

SEPTEMBER 26, 2024

This means the time to focus on brand awareness is NOW! Caroline Powell, Director of Marketing, Trellis With the time between Cyber 5 and Christmas being a week shorter, the calendar will definitely catch some shoppers by surprise. Pauline Shiu, VP of Marketing, Finale Inventory The fight for Q4 wins began weeks ago.

Supply Chain Optimization 111

Supply Chain Optimization Real-time Visibility Inventory Supply Chain Efficiency 111

Supply Chain Game Changer

FEBRUARY 8, 2022

Commodity and raw material shortages of every kind have delayed the manufacturing and distribution of goods across most industries, driving up prices in the process. 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.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

ivalua

MARCH 27, 2023

The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. Europe will join Latin America, India, China, and other countries already on the path to real-time tax collection. The time is now – let’s get an action plan together!

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

ivalua

MARCH 9, 2023

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: Where Procurement often creates value first.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Tactics

JUNE 8, 2023

Reduction in processing time Warehouse automation makes processes faster and reduces the time spent on handling tasks. This saves a significant amount of time, especially when dealing with a large number of parcels. Many tasks in a warehouse are repetitive and take up a lot of time. Warehouse Automation Software 1.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

IBM Supply Chain Blog

SEPTEMBER 19, 2023

For a long time, there wasn’t a good standard definition of observability that encompassed organizational needs while keeping the spirit of IT monitoring intact. No advanced skillsets required, no gotchas on pricing, no lock-in due to intense upfront setups and no limits on what you can observe.

Real-time Visibility 79

Real-time Visibility Price Data Budget 79

Supply Chain Game Changer

AUGUST 29, 2022

In simple terms, apps that help reps save time, simplify their day-to-day tasks, give on-the-go visibility, and offer collaboration is known as a sales app. With more time and energy available to your sales team – they can focus better on one thing – making sales. Offering sales apps is how you do it. What is a sales app?

Real-time Visibility 94

Real-time Visibility supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 94

IBM Supply Chain Blog

OCTOBER 13, 2023

Instana’s single-agent architecture approach allows it to collect data in real-time, enabling it to comprehensively map and understand the entire application stack automatically. Smart alerting and visualization Instana goes beyond simply predicting incidents—it confirms that the right people are alerted in a timely manner.

Real-time Visibility 90

Real-time Visibility Collaboration Price Data 90