IBM Services

FEBRUARY 13, 2024

¹ With supply chains often accounting for more than 90% of the greenhouse gas (GHG) emissions associated with providing an enterprise’s products and services, strategic sourcing through the lens of sustainability is another way to reduce overall emissions and advance environmental, social and governance (ESG) goals.

Strategic Sourcing 86

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 86

Planergy Software

SEPTEMBER 10, 2021

Procurement is the act of buying raw materials, goods, and services for a business, as guided by formalized procedures, internal controls, and processes related to not just finance, but inventory management, supply chain management, and supplier relationship management as well. Improving inventory management.

Inventory Management 59

Inventory Management Supply Chain Management Data Entry Labor Costs 59

Perficient Digital Transformation

MAY 4, 2023

The management of Famous Amos and the supply chain control tower they had established struggled to keep up with the brand’s rapid growth. Fulfillment Control Towers Fulfillment control towers focus on reducing cost-to-serve by monitoring shipment packaging requirements and expediting orders.

Supply Chain Management 64

Supply Chain Management Inventory Management Sales Reduced Costs 64

Obobo

JANUARY 13, 2023

Enterprise Resource Planning (ERP) Systems: ERP systems are designed to provide organizations with a comprehensive view of all their business operations, including costs. Many ERP systems include features such as cost accounting, inventory management, and supply chain management. Wave Accounting 5.

Supply Chain Management 40

Supply Chain Management Right-Sizing Finance Inventory Management 40

Planergy Software

OCTOBER 6, 2022

Lifecycle management. Banks can reduce costs and improve efficiency by automating: Customer service. Insurance companies can reduce costs while improving the customer experience with real-time automation of things such as: Claims processing and administration. Inventory management. Loan origination.

Automation 52

Automation Finance Human Resources Reduced Costs 52

Planergy Software

DECEMBER 16, 2021

It is about controlling and making improvements to the way your organization spends money and isn’t just about managing accounts payable. It includes managing supplier relationships, inventory management, category management, and more. How Spend Management Improves Procurement. Download PDF.

Management 52

Management Inventory Management Supply Chain Management Finance 52

Planergy Software

SEPTEMBER 24, 2021

They focused the lion’s share of their time and skill set on dealing with regulatory issues, guiding their teams in cutting costs, managing cash flow, and enforcing budgeting initiatives, and then reporting the results. They don’t just lead the finance team or spearhead initiatives to reduce costs.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Obobo

MARCH 28, 2023

Another example of a soft savings opportunity could be optimizing a process , which may not lead to immediate monetary savings, but can lead to better quality and fewer mistakes, thus indirectly reducing costs. These can include reducing labor costs, eliminating waste, and optimizing inventory management.

Labor Costs 40

Labor Costs Efficiency Accounting Reduced Costs 40

Obobo

JANUARY 30, 2023

By taking steps to prevent costs from being incurred in the first place, you can achieve much greater savings than if you simply tried to save money after the fact. Cost containment As a business owner or procurement manager, you’re always looking for ways to save money and reduce costs.

Software 81

Software Reduced Costs Automation Service 81

Planergy Software

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. Download PDF What’s your goal today?

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

IBM Business Partners

JUNE 30, 2023

They typically include modules for tracking employees and equipment certifications (resource and labor management), data storage on individual assets like serial numbers and warranties (asset registry), and task-related activities like work order numbers and preventive maintenance schedules (work order management).

Management 66

Management Supply Chain Management Out-Tasking Order Management 66

IBM Services

NOVEMBER 13, 2023

Improving business value often involves enhancing efficiency, reducing costs, and increasing competitiveness. Cost savings: Through modernization, organizations can reduce maintenance costs, optimize hosting and better leverage a global workforce, leading to substantial cost savings in the long run.

Software 103

Software Automation Efficiency Inventory Management 103