What is supply chain management? - IBM
Apr 17, 2024 · Supply chain management (SCM) is the coordination of a business’ entire production flow, from sourcing raw materials to delivering a finished item. The global supply chain is a complex network of suppliers, manufacturers, distributors, retailers, wholesalers and customers. Effective SCM is about optimizing this network to ensure that ...
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. But perhaps most relevant today are the capabilities within SCM to help mitigate ...
What Is Supply Chain Logistics? - IBM
Supply chain logistics refers to the management of the production, transportation and distribution of goods throughout a business’ overall supply chain. It encompasses both inbound logistics (how materials and supplies are brought into a business) and outbound logistics (how the business’ resulting products get to retailers and consumers ...
What Is Supply Chain Analytics? - IBM
Mar 27, 2017 · Supply chain analytics is also the foundation for applying cognitive technologies, such as artificial intelligence (AI), to the supply chain process. Cognitive technologies understand, reason, learn and interact like a human, but at enormous capacity and speed. This advanced form of supply chain analytics is ushering in a new era of supply ...
What Is Sustainable Supply Chain Management? - IBM
The practice involves managing the entire supply chain, from raw materials to final disposal, with sustainability in mind, including goals such as reducing greenhouse gas emissions, improving working conditions and adopting eco-friendly practices. Sustainable supply chain management aims to minimize any negative impacts of business operations ...
What Is Supply Chain Optimization? - IBM
Supply chain optimization makes use of technology and resources like blockchain, artificial intelligence (AI), and the Internet of Things (IoT) to maximize efficiency and performance in a supply network. An organization’s supply chain is a critical business process that is crucial for a successful customer experience.
Supply chain solutions - IBM
Supply chain sustainability (SCS) 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 ...
What Is Supply Chain Risk Management? - IBM
Implementing a supply chain risk management strategy is a way for companies to build the resilience to navigate uncertainty and ensure business continuity. With proactive preparedness, companies can avoid or minimize disruptions, reduce costs, improve quality and enhance customer satisfaction. SCRM also helps companies comply with regulations ...
Supply Chain Consulting Services - IBM
Global supply chain leaders have been forced to fundamentally rethink traditional ways of working, where the greatest threat in navigating disruptions is acting with yesterday’s logic. IBM®'s supply chain consulting services strengthen supply chain management by helping clients use advanced analytics and AI to empower their workforce and ...
Supply Chain Optimization: Business scenarios and architecture
Dec 1, 2023 · The specific business scenarios covered in this whitepaper are demand risk, loss and waste management, product timeliness, perfect order, last mile delivery, sustainable supply chain, supply chain returns and disaster readiness. For each business scenario, we present the business scenarios, solution overview and architectures. IBM and Red Hat ...