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 …
What is a Supply Chain Management Strategy? - IBM
In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. The pandemic and its aftermath highlighted …
What is Demand Planning? - IBM
Demand planning is a supply chain management process that enables a company to project future demand and successfully customize company output—be it products or …
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 …
What Is Supply Chain Risk Management? - IBM
Supply chain risk management (SCRM) is the process of finding and addressing potential vulnerabilities in a company’s supply chain. SCRM aims to minimize the impact of these risks …
What is Procurement? - IBM
On the other hand, procurement is just one aspect—or subset—of supply chain management. Supply chain management encompasses the entire process of obtaining goods, including …
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 …
What is Inventory Management? | IBM
Inventory management, a critical element of the supply chain, is tracking inventory from manufacturers to warehouses and from these facilities to the point of sale. Inventory …
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 …
What Is Supply Chain Optimization? - IBM
There are three phases that occur within a successful supply chain optimization process: Supply chain design Describes network design processes like where warehouse facilities are located …