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When Your Supply Chain’s Disrupted, Intelligent Automation Steps Up

Automation Anywhere

Businesses are especially challenged with managing their supply chain functions: logistics, invoicing, creating bills of materials…the list goes on. The world’s supply chain woes have been well documented, with COVID-19 disrupting global shipping, transportation, and manufacturing industries. The shipping industry lost 1.52

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Business process reengineering (BPR) examples

IBM Services

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement. This can enable significant cost savings and improve profitability.

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Procurement Costs and How Businesses Can Reduce Them

Planergy Software

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.

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Business process management (BPM) examples

IBM Services

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. Processes such as contract drafting, negotiation, approval, and execution can also be digitized and automated.