IBM Business Partners

JUNE 30, 2023

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.

Manufacturing 68

Manufacturing Inventory Management Reduced Costs Order Management 68

IBM Services

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

IBM Business Partners

MAY 17, 2024

But as businesses around the globe rapidly adopt the technology to augment processes from merchandising to order management, there is some risk.   Demand forecasting By analyzing historical data, AI can predict demand and help businesses optimize their inventory levels and minimize excess, reducing costs and improving efficiency.

E-Commerce 49

E-Commerce Order Management Retail Automation 49