IBM Services

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This blog outlines some BPR examples that benefit from a BPM methodology.

Supply Chain Management 60

Supply Chain Management Finance Robotics Process Automation Human Resources 60

IBM Business Partners

JUNE 30, 2023

IBM Supply Chain Intelligence Suite​ can monitor supply to minimize production delays, reduce costs, and facilitate streamlined and tighter collaboration, teamwork, and communication. The post Building a sustainable automotive supply chain appeared first on IBM Blog.

Manufacturing 64

Manufacturing Inventory Management Reduced Costs Order Management 64

Obobo

JANUARY 13, 2023

Supply chain savings is one such concept, an area of study that can help businesses streamline their operations and reduce costs. In this blog post, we’ll explore the definition of supply chain savings, how it works, and how businesses can use it to reduce their costs and maximize profits.

Inventory Management 40

Inventory Management Reduced Costs Efficiency Sourcing 40

Obobo

JANUARY 12, 2023

VMI systems provide manufacturers with a powerful tool to manage their inventory in real-time, allowing them to effectively optimize stock levels, increase customer satisfaction, and maximize profits. In this blog post, we will explain what a VMI system is and discuss its benefits for businesses.

Supply Chain Management 40

Supply Chain Management Inventory Management Management Reduced Costs 40

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. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

IBM Services

NOVEMBER 13, 2023

Approaching legacy system modernization Legacy system modernization is the process of upgrading or transforming outdated, often monolithic and inefficient legacy systems into more contemporary, efficient and adaptable solutions. Improving business value often involves enhancing efficiency, reducing costs, and increasing competitiveness.

Software 100

Software Automation Efficiency Inventory Management 100

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

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. Conclusion.

Management 40

Management Supply Chain Management Inventory Management Reduced Costs 40

IBM Business Partners

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. These capabilities can help businesses make informed decisions, improve operational efficiencies, and identify opportunities for growth. The

E-Commerce 67

E-Commerce Order Management Retail Automation 67

IBM Business Partners

JUNE 5, 2023

The primary purpose of a work order is to keep everyone within the maintenance operation abreast of the workflow, which ultimately helps the organization organize, communicate and track maintenance work more efficiently.

Management 70

Management Order Management Out-Tasking Facilities Management 70

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 64

Co-Sourcing Automation Software Manufacturing 64

Ivemsa

FEBRUARY 23, 2024

The availability and cost-effectiveness of qualified workers along the entire spectrum of roles has made the industry quite competitive. Knowing what will entice employees to join a company is beneficial to improve productivity and reduce costs associated with high turnover rates.

Service 52

Service Manufacturing Administrative Inventory Management 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 63

Management Supply Chain Management Out-Tasking Order Management 63

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

Obobo

JANUARY 13, 2023

Thankfully, there are cost tracking tools available that can help automate the process of monitoring and analyzing costs. In this blog post, we will provide a definition of what cost tracking tools are and explore how they can help businesses manage their costs more efficiently. Conclusion.

Supply Chain Management 40

Supply Chain Management Right-Sizing Finance Inventory Management 40

Planergy Software

DECEMBER 16, 2021

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? It is about controlling and making improvements to the way your organization spends money and isn’t just about managing accounts payable.

Management 52

Management Inventory Management Supply Chain Management Finance 52

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