What Is Supply Chain Management? - IBM
Apr 17, 2024 · Supply chain management also helps companies anticipate and mitigate risks (such as supply chain disruptions) and track compliance with regulations and standards. By helping products arrive on time and in good condition, supply chain management can improve customer satisfaction and loyalty.
What Is Supply Chain Logistics? - IBM
Supply chain management (SCM) is a broader term that includes supply chain logistics as one of its elements. SCM involves overseeing the entire lifecycle of a product throughout the supply chain process, from the initial sourcing of materials to …
What Is Sustainable Supply Chain Management? - IBM
According to a report by the Carbon Disclosure Project (CDP), companies' supply chains are responsible for up to 11.4 times their direct emissions—more than 90% of their total greenhouse gas emissions. 1 Sustainable supply chain management initiatives reduce the environmental impact of business operations by minimizing carbon emissions and waste.
What is a Supply Chain Management Strategy? - IBM
Supply chain management involves coordinating and managing all the activities involved in sourcing, procurement, conversion and logistics. It includes everything from product development and strategic decision-making to information systems and new technologies.
Supply chain solutions - IBM
With solutions ranging from supply chain partner data exchange, procurement and inventory management, end-to-end supply chain visibility, transparency and orchestration to intelligent omnichannel order fulfillment optimization, IBM® offers a complete portfolio of next-generation products and services to solve your supply chain management needs, improve your bottom …
What Is Supply Chain Analytics? - IBM
Mar 27, 2017 · The better a company can perform supply chain analytics, the better it protects its business reputation and long-term sustainability. In The Thinking Supply Chain, IDC’s Simon Ellis identifies the five “Cs” of the effective supply chain analytics of the future: Key features of effective supply chain optimization include:
What Is AI in Supply Chain? - IBM
Recently, this technology gained popularity as further advancements such as generative AI and tools such as chatbots have taken off and shown how beneficial the systems can be for supply chain management. Meanwhile, the COVID-19 pandemic illustrated just how fragile the global supply chain can be and why better management tools are necessary.
What Is Supply Chain Optimization? - IBM
Supply chain optimization today uses technology to provide superior exception management. It’s the key to remaining competitive. Businesses have better visibility across the supply chain, and better decision-making capabilities in real time – not just across their own organization, but across the entire business partner ecosystem.
Blockchain for Supply Chain - IBM
Businesses and consumers want brands to guarantee product authenticity, while supply chain participants demand responsible sourcing and better visibility to minimize disputes. Blockchain for supply chain solutions help supply chain leaders use data to handle the disruptions of today and build resiliency for the future.
Quantum computing in supply chain - IBM
Experts predict that commercial applications of quantum computing will proliferate when quantum computers achieve a level of power, predictability, and stability that is likely in the next decade. The security threats to supply chains is imminent, while the …