IBM Supply Chain Blog

SEPTEMBER 20, 2021

Supply chain pundits from industry and academia point out that it is possible for businesses to strike a balance between just in time and just in case. In this blog, let’s explore best practices that drive supply chain resiliency with this definition at the core. Why is supply chain resiliency important?

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Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain. STAKEHOLDER (AGENT) 4 What are the main concerns that affect consumer decision-making regarding ESG goals?

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ivalua

FEBRUARY 25, 2021

According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Efficient warehouse management.

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Jaggaer

FEBRUARY 28, 2025

Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth. However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models.

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Planergy

MARCH 18, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. What's PLANERGY? directly impact procurement budgets.

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Jaggaer

APRIL 9, 2025

Reduced inventory: A manufacturing execution system updates inventory records with new production so that purchasing, shipping, and planning departments always know exactly what material is available. Increased uptime: MES monitors machine performance and preventive maintenance schedules, reducing unplanned downtime.

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Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our standout achievements can be summarized in several key areas: sustainability, user experience, and thought leadership. Where do you see the procurement sector going in the next several years?

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IBM Supply Chain Blog

JUNE 30, 2023

These healthcare industry supply chain issues are equally urgent, and each require immediate attention. The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Doing so streamlines purchasing power and optimizes inventory management.

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ivalua

DECEMBER 14, 2020

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. Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said.

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SCMDOJO

JUNE 28, 2024

Embracing diversity as a strategic advantage in the supply chain industry is not only the right thing to do ethically but also a smart business decision that drives innovation, growth, and sustainable success. Why Supply Chain is a Great Career Choice for Women?

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Planergy

MARCH 12, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Lets look at a comparison of business benefits: Cost Efficiency: Savings on shipping and reduced supply chain risk can help offset the higher labor expenses associated with reshoring. What's PLANERGY?

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Arkestro

JANUARY 4, 2023

Ensuring continuity of supply. Driving sustainability. At the same time, they’ll need to watch and prepare for future economic downturns and supply chain disruption. multiple small-value purchases, often distributed across several non-strategic suppliers and tons of distinct purchase orders or transactions).

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SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience.

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Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

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Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

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Supply Chain Game Changer

APRIL 15, 2020

The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis. These are definitely some tools that you should have in place to keep the backbone of your purchasing data-driven & keep your suppliers’ invoices paid in full. Sustainability is hot.

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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. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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Una

JUNE 5, 2024

Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility? By fostering strong relationships and aligning on shared goals, you can build a more resilient and responsive network. The lesson?

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Supply Chain Game Changer

MAY 5, 2021

Risk mitigation, innovation through supplier collaboration, and increased sustainability have also driven Supply Chain’s strategic value – but they’ve taken a back seat to efficiency. But in the post-COVID-19 world, with its renewed focus on resilience, it looks like more organizations might be listening.

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Supply Chain Trend

AUGUST 13, 2020

It also requires a clear understanding of the environment in which the organization operates, so scenario planning must go extend beyond the enterprise to encompass value-chain dynamics and end-to-end supply chain resilience. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy.

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IBM Supply Chain Blog

FEBRUARY 9, 2023

Trend 3: Sustainability in retail The demand for sustainable brands continues to grow. According to a 2022 IBV consumer study , some consumers will pay up to 70% more for products branded as sustainable. This requires an action plan for sustainability to become core to the company’s values.

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Jaggaer

JUNE 28, 2024

The reason being quite simply that there is so much else going on in our organizations and in the world at large that’s grabbing our attention: supply chain disruptions, supplier value management, risk factors, finding the right balance between savings and lead times and, last but not least, sustainability, in particular reducing carbon footprint.

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Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

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NLPA (Next Level Purchasing Association)

SEPTEMBER 11, 2024

Procurement and logistics professionals looking to deepen their knowledge in managing supply risks and disruptions can benefit from training like our Supply Risk and Sustainability Management course.

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Empowering CPO

JUNE 14, 2023

It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

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Supply Chain Game Changer

MARCH 18, 2021

In reality, procurement excellence enables the safeguard of brand value, mitigation of risk, sustainable development, and top-line value addition. COVID19’s impact during 2020 pointed out the lack of supply chain resilience & alternative supply networks, and therefore many professionals aim to expand their supply network during 2021.

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IBM Supply Chain Blog

MAY 17, 2024

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. 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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Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. Key processes to automate include contract management, vendor management, invoicing, purchase orders, purchase requisitions.

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TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing. Limited use of technology and digital tools in procurement operations.

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Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Examples include cost savings, cost avoidance, and purchase price variance. Introduction A.

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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. It enables greener and more sustainable business operations.

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SCMDOJO

APRIL 11, 2025

However, being cautious when extending payment terms to suppliers is extremely importantdelaying payments may relieve short-term cash pressure but can jeopardize supplier relationships or trigger broader supply chain failures. Consider alternative financial arrangements, such as risk-sharing agreements or advance purchasing contracts.

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Procurement Software

APRIL 2, 2024

Supplier Relationship Management (SRM) Full stack SRM software offering - depending on the tool - modules such as supplier onboarding, due diligence, supplier audit, supplier performance, internal stakeholder surveys, quality management, fraud checks, sustainability reporting. Classification typically beyond level 3.

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Empowering CPO

JUNE 27, 2023

Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement. Procurement professionals had to sift through piles of invoices, purchase orders, and receipts to manually categorize and analyze spending patterns.

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Arkestro

JULY 18, 2022

One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. As organizations have been coming to grips with this reality, they have also been working hard toward achieving the goal of sustainability. What Is Supply Chain Resiliency?

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Let's Talk Supply Chain

MARCH 2, 2025

Remember, staying proactive and adaptable is key to overcoming supply chain challenges. the choices we make as consumers have far-reaching effects, from environmental‍ sustainability to‍ labor conditions. Take action now to ensure the smooth flow of goods and services in the face‍ of disruptions.

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Let's Talk Supply Chain

FEBRUARY 12, 2025

Impact of Rising cocoa Prices on Production Costs and Profit‍ Margins Cocoa prices have experienced a‍ sharp and sustained increase, significantly impacting the production costs and profit margins of key players like Mondelz and Hershey.

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