Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. However, managing procurement can be costly, and costs can add up quickly.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Groove Technology

MAY 18, 2023

MuleSoft’s real-time integration provides numerous benefits for businesses, including: Faster time-to-market: MuleSoft enables rapid integration development and deployment, reducing the time required to launch new products or services.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

IBM Services

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

Obobo

APRIL 6, 2023

The answer lies in the use of an inventory optimization supply chain. In this blog post, we’ll dive into what exactly an inventory optimization supply chain is, why it’s important, and how it can benefit businesses of all sizes. What are the challenges of inventory optimization? appeared first on Oboloo.

Inventory Management 52

Inventory Management Right-Sizing Sales Reduced Costs 52

IBM Business Partners

JUNE 15, 2023

But they aren’t always clear on the strategic opportunities around parts inventory management and the role it plays in maintenance strategy. Parts inventory management, on the other hand, deals with items the company needs to successfully repair an asset that’s broken down.

Inventory Management 73

Inventory Management Management Reduced Costs Analytics 73

IBM Business Partners

JUNE 5, 2023

Work orders are the driving force behind any organization’s asset management apparatus. Whenever a person or entity submits a service request, the maintenance team that receives it must create a formal paper and/or digital document that includes all the details of maintenance tasks and outlines a process for completing the tasks.

Management 73

Management Order Management Out-Tasking Facilities Management 73

Obobo

JANUARY 12, 2023

Many companies may find themselves asking this question as they look for ways to reduce costs and increase efficiency in their supply chain operations. In this blog post, we’ll explain what 3PL vendor management is and why it’s so important to your business. What is 3PL vendor management?

Management 40

Management Supply Chain Management Inventory Management Reduced Costs 40

IBM Business Partners

MAY 17, 2024

Explore commerce consulting services Creating seamless experiences for skeptical users It’s been a swift shift toward a ubiquitous use of AI. According to a recent report from the IBM Institute for Business Value , half of CEOs are integrating generative AI into products and services.

E-Commerce 58

E-Commerce Order Management Retail Automation 58

Obobo

JANUARY 13, 2023

Procurement cost savings strategies are an important part of any company’s overall budgeting plan because they can have a direct impact on profitability. But what exactly are procurement cost savings strategies? We will also look at some of the most common procurement cost saving strategies that businesses use today.

Inventory Management 40

Inventory Management Labor Costs Reduced Costs Automation 40

Planergy Software

DECEMBER 16, 2021

Spend Management Strategy: How To Improve Your Strategic Spend Management Plan. What is Spend Management? We’ve covered spend management on the blog before, so if you want a more in-depth look, take a look at our post: “ What is Spend Management? How Spend Management Improves Procurement.

Management 52

Management Inventory Management Supply Chain Management Finance 52

IBM Business Partners

JUNE 26, 2023

Facing challenges, Yanfeng Auto’s approach is to work with companies like IBM with advanced technology, industry experience and technical expertise to accelerate its own data-driven digital transformation to reduce cost, improve efficiency and scale for company-wide innovation.

Co-Sourcing 66

Co-Sourcing Automation Software Manufacturing 66

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. What is Horizontal Integration?

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

IBM Business Partners

JUNE 30, 2023

Energy companies rely on uninterrupted power supplies, airlines aim to ensure passenger safety, hospitals must provide quality patient care, haulage companies need up-to-date data on spare parts to maintain service levels. Other features like vendor and inventory management, reporting, analysis (e.g.,

Management 65

Management Supply Chain Management Out-Tasking Order Management 65

IBM Services

NOVEMBER 13, 2023

They involve breaking down large, monolithic applications into smaller, more manageable components or services. Improving business value often involves enhancing efficiency, reducing costs, and increasing competitiveness. Microservices are a crucial component of modernizing legacy applications.

Software 100

Software Automation Efficiency Inventory Management 100