IBM Supply Chain Blog

FEBRUARY 28, 2024

Now, sourcing and procurement professionals are reaping the rewards of such automation: streamlining workflows, boosting the bottom line and finding efficiencies. This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

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

Jaggaer

OCTOBER 24, 2024

In this situation, you might choose to leverage Expressive Bidding , which creates a collaborative marketplace where buyers showcase their capabilities and buyers provide real-time guidance that results in more competitive and advantageous bid responses. This establishes a foundation for streamlined collaboration.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 17, 2022

Subscribe to Supply Chain Game Changer. But, in the current international atmosphere of supply chain troubles and widespread shipping congestion, the topic is a timely one. What are the most cost-efficient techniques for beating the shipping logjam at its own game? Email Address. Visual Analytics.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Efficiency Supply chain Route optimization 92

Finale Inventory

AUGUST 30, 2024

By using technology to streamline inventory processes, companies can reduce human error, increase efficiency, and gain real-time visibility into their inventory levels and movement. The Importance of Inventory Management in Ecommerce Inventory management is fundamental to any ecommerce operation.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Optimization 52

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. By using blockchain in procurement, businesses can improve transparency, trust, and efficiency across their supply chains, ensuring smoother and more reliable operations.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 40

TYA Suite

AUGUST 6, 2024

Effective inventory management is crucial for businesses aiming to optimize operational efficiency and meet customer demand without excessive costs or shortages. Implementing advanced techniques of inventory control can significantly enhance these efforts. A capital-free environment is guaranteed by efficient.

Inventory control 40

Inventory control Inventory Supply Chain Efficiency supply chain software solutions 40

Finale Inventory

SEPTEMBER 23, 2024

In ecommerce, managing equipment inventory efficiently is key to success. A strong inventory management system streamlines operations and ensures seamless order fulfillment and customer satisfaction. Finale Inventory is a solution that has gained popularity among ecommerce businesses.

Inventory 52

Inventory Real-time Visibility Strategy Order Fulfillment 52

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

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

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

Finale Inventory

SEPTEMBER 19, 2024

In the ecommerce industry, effective inventory management is vital for success, especially during difficult periods. Whether dealing with supply chain disruptions, managing overstock and understock, or handling seasonal demand shifts, keeping inventory well-organized is essential.

Inventory 52

Inventory Supply Chain Efficiency Management Supply Chain Optimization 52

Finale Inventory

JULY 18, 2024

Retail inventory management is a fundamental part of running a successful ecommerce business. Effective strategies can optimize inventory control and enhance overall efficiency. This article outlines key aspects of retail inventory management and future trends shaping the industry.

Inventory 52

Inventory Supply Chain Efficiency Management Real-time Visibility 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

supply chain software solutions 52

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

Finale Inventory

JUNE 13, 2024

In the fast-paced world of ecommerce, inventory management plays a crucial role in the success of ecommerce sellers. Efficiently managing your inventory can save you time, money, and the headache of stockouts or overstocks. Efficient inventory management is vital for several reasons.

Inventory 52

Inventory Supply Chain Efficiency Management Real-time Visibility 52

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. As the name suggests, Managed Procurement Services involves the strategic outsourcing of procurement processes to expert providers. The result?

Supply Chain Optimization 52

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

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Making up the IBP framework are six key pillars: 1.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

Finale Inventory

JULY 25, 2024

In business, managing inventory is vital for success. Whether operating a physical store or an online business, effective inventory management is necessary to meet customer demands, lower costs, and boost efficiency. Efficient inventory management helps businesses balance customer demands with carrying costs.

Inventory 52

Inventory Order Fulfillment Real-time Visibility Management 52

Finale Inventory

AUGUST 28, 2024

In ecommerce, effective inventory management is key to the success of your business. It ensures that you have the right products available at the right time, in the right quantities, and at the right cost. Effective inventory management helps businesses operate efficiently and meet customer expectations.

Inventory 52

Inventory Import Management Supply Chain Efficiency 52

Finale Inventory

JULY 9, 2024

With the help of the Finale Inventory software, this process becomes seamless and efficient. This article will guide you through the entire process of creating a purchase order using Finale Inventory. In the complex operations of ecommerce, purchase orders are the backbone of efficient inventory management.

Purchase orders 52

Purchase orders Purchasing Inventory Real-time Visibility 52

Finale Inventory

JULY 23, 2024

Understanding Inventory Management in Ecommerce Ecommerce businesses rely on inventory management to track stock levels accurately and efficiently. Effective inventory management involves monitoring inventory levels, tracking sales and restocks, and analyzing data for informed decision-making.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

TYA Suite

AUGUST 26, 2024

For small and medium-sized businesses (SMBs), optimizing procurement processes is essential for maintaining a competitive edge and ensuring operational efficiency. Often overlooked in strategic planning, procurement management can significantly impact a company's bottom line.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Real-time Visibility Procurement 40

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Technology has transformed procurement operations from a complex, manual process into an automated, streamlined function that enhances decision-making and transparency.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Finale Inventory

JULY 26, 2024

With the growth of ecommerce and the increasing complexity of inventory management, companies require efficient systems to streamline their operations. Finale Inventory is a valuable tool that aids in organizing and storing construction materials.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Material management 52

TYA Suite

SEPTEMBER 25, 2024

Procurement is a vital activity in any firm, responsible for procuring goods and services efficiently and cost-effectively. However, the is fraught with risks that can impact a company’s bottom line and operational efficiency. Procurement risk refers to potential threats or uncertainties that can impact the efficiency and success of a.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

World of Procurement blog

MAY 8, 2024

Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Increases efficiency by standardizing, streamlining, and automating processes.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Supply Chain Game Changer

NOVEMBER 12, 2018

Check out What Exactly Is Supply Chain Management? One of the main problems in a functionally organized company is that those functions over time can become isolated from each other. But the Supply Chain team is uniquely positioned to bridge all of these silos and islands. The Role of the Supply Chain Team.

Supply Chain Efficiency 43

Supply Chain Efficiency Supply chain Real-time Visibility e2e 43

Pipefy

JULY 12, 2023

This guide explores back office functions, business process outsourcing (BPO) , and back office processes that can be streamlined for efficiency. Employees in these departments don’t often interact with customers, typically focusing on tasks that improve the organization’s operational efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Agile and Lean Supply Chain supply chain software solutions 52

Empowering CPO

JUNE 27, 2023

As organizations strive to stay competitive, they are increasingly recognizing the need to leverage digital technologies to streamline processes, improve efficiency, and drive growth. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Arkestro

MAY 30, 2022

From April 2021’s “ A New Paradigm For Procurement ”: “As enterprises increasingly depend on an expanding and evolving supplier ecosystem, better optimization of strategic planning and procurement is paramount. Procurement and sourcing teams worked tirelessly to find solutions to disrupted supply chains.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

TYA Suite

NOVEMBER 15, 2024

Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Building strong relationships fosters transparency and encourages suppliers to share information about their operations, helping to identify potential risks.

Risk management 40

Risk management Risk Suppliers Strategy 40

Empowering CPO

JUNE 27, 2023

A robust spend analysis provides a comprehensive view of your company’s expenditures, helping you identify savings opportunities, enhance efficiency, and ultimately, fuel business growth. This is where the real magic happens. It’s not just about cost-cutting—it’s about cost optimization and strategic decision-making.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

Empowering CPO

MAY 31, 2023

It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization. Successful collaboration within SRM can elevate a business relationship from mere transactional exchange to a powerful strategic alliance. The ultimate goal?

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Planergy

SEPTEMBER 5, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process.

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supply chain budgeting Budget Real-time Visibility Spend management 92