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4 smart technologies modernizing sourcing strategy

IBM Services

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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What is a Sourcing Tracker in Procurement? – Definition

Obobo

What is a Sourcing Tracker in Procurement? One such tool is a sourcing tracker. Sourcing trackers provide a comprehensive overview of the entire procurement process. In this blog post, we’ll be discussing what a sourcing tracker is, how they work, and why they are essential for any successful procurement operation.

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The Importance of Selecting the Right Sourcing Business Model

SIG Speaks

SIG University Certified Supplier Management Professional (CSMP) program graduate Gicela Isla-Richter breaks down the importance of the selecting the correct sourcing business model and the levels of supplier management. There are four levels of supplier management: Purchase Order management – its basic purchasing function.

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The future of order management solutions: freedom of choice and flexibility

IBM Services

But without real-time reliable views of inventory, shipments and automated order orchestration processes, retailers are unable to deliver on order promises. Order management platforms must provide businesses with options that allow for flexibility and agility in both capabilities and deployment.

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Real-time transaction data analysis with IBM Event Automation

IBM Services

To show this with an example, consider one stream of business events sourced from an order management system. This stream provides a persistent, real-time log of all orders received.

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Discovery to delivery: Transform the shopper’s journey

IBM Services

The promise of accuracy in inventory—or, more importantly, in the availability of inventory—is very important when there are competing demands for the same unit of inventory and unpredictable disruptions to sources of supply.