IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Share on Twitter. According to 2019 Definitive Healthcare data, U.S.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

MAY 24, 2023

Vendor scorecards can also help vendors to better understand the expectations and requirements of their customers, and to identify areas where they can improve their performance. Strategic sourcing managers and procurement managers are typically responsible for managing supplier scorecards.

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Empowering CPO

JULY 17, 2023

Introduction In an ever-evolving business environment, successful procurement operations are key to keeping organizations efficient, competitive, and profitable. From cost savings to efficiency improvements, the ROI of managed procurement services offers a comprehensive view of your business’s financial health.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Empowering CPO

JUNE 20, 2023

As organizations strive to achieve these goals, spend analysis emerges as an indispensable tool, serving as the backbone of efficient vendor management. It provides organizations with a clear view of their spend patterns and helps them make data-driven decisions that can significantly improve their relationships with vendors.

Vendor management 40

Vendor management Vendor relationships Management Supply Chain Efficiency 40

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52