IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Finale Inventory

SEPTEMBER 25, 2024

Lead time refers to the amount of time it takes for a product to go from the initial order placement to its final delivery to the customer. In ecommerce, understanding lead time is key for efficient inventory management and customer satisfaction. Firstly, it directly impacts inventory management.

Inventory 52

Inventory Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 3, 2019

But, as stakeholders in the future of tomorrow, we also have to be conscious about the necessary steps to realize sustainable impact, for real. So, what are the steps that need to be taken in businesses globally to make real sustainable impact? What will ensure the delivery of quality products and services to consumers?

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Procurify

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . This way, organizations can spend more time with fewer suppliers. .

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply 52

Una

JUNE 29, 2023

Supply Chain Strategies The same can be said for the similar amount of diversity found in the world of supply chain management. Every organization’s supply chain strategy is different, based on factors ranging from business size, location, the supplier base, categories, domestic vs global supply chains, and more.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

MAY 18, 2021

The risk of extended Supply Chain disruption due to impacts to nature is significantly impacted in these industries: chemicals and materials; aviation, travel and tourism; real estate; mining and metals; supply chain and transport; and retail, consumer goods and lifestyle. Earth is our only habitable planet.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply e2e 64

Procurement Software

JULY 9, 2024

It requires precise inventory management, greater degrees of supplier collaboration, and increased levels of compliance and quality control. These requirements can – and often do – override opportunities to deliver savings by switching suppliers for raw materials and component parts.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Empowering CPO

JUNE 27, 2023

It provides invaluable insights into spending patterns, supplier performance, and opportunities for cost optimization. Real-world success stories and case studies illustrating the significant impact of spend analysis on achieving tangible cost savings and procurement optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Optimization Procurement strategies 52

Procurement Software

JULY 4, 2023

It can help organisations reduce costs, optimise supplier relationships and increase compliance. It also provides real-time data and analytics that can be used to improve purchasing decisions. It can also provide real-time data and analytics. It is easy to integrate with existing systems and applications.

Supply Chain Efficiency 52

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

TYA Suite

MAY 14, 2023

Total Paper Check Payments And Cost Per Payment: This includes every staff member's time spent doing check runs and handling returned checks. You should take a step back and examine how sourcing works in your company if you don't currently have a procurement management strategy in place or if it hasn't been updated in a while.

Procurement 52

Procurement Real-time Visibility Purchase orders Purchasing 52

Empowering CPO

JUNE 27, 2023

By examining spending patterns across various categories, such as suppliers, departments, and geographies, businesses can uncover hidden opportunities for cost savings, mitigate risks, and enhance their overall procurement efficiency. Mitigating Supplier Risks: Proactive supplier risk management is crucial for organizational success.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Jaggaer

JANUARY 23, 2025

They focused on digital transformation, centralizing digital solutions and resources, increasing transparency across the supply chain, digitalizing source-to-pay processes, recruiting top talent, reevaluating sourcing strategies, tackling ESG challenges, and improving supplier relationships. But that would take time. A lot of time.

Export 52

Export Supply Chain Efficiency Raw materials supply chain budgeting 52