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 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.
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 AI in Supply Chain? - IBM
Using artificial intelligence (AI) in supply chains can revolutionize the planning, production, management and optimization of supply chain activities. By processing vast amounts of data, predicting trends and performing complex tasks in real time, AI can improve supply chain decision-making and operational efficiency.
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.
IBM Supply Chain | IBM
IBM supply chain management set out a bold vision to build its first cognitive supply chain. The aim was to have an agile supply chain that extensively uses data and AI to lower costs, exceed customer expectations, ruthlessly eliminate or automate non-value add work and exponentially improve the experience of supply chain colleagues.
Blockchain for Supply Chain - IBM
What is supply chain management? Supply chains generate big data. The better you understand that data, the better your supply chain will operate. Explore insights from IBM supply chain industry experts, the full range of IBM Sterling Supply Chain applications and more.
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 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 Supply Chain Automation? - IBM
Global supply chains, including the manufacturers and retailers that logistics providers source to run the supply chain system, will continue to face challenges. Thus, it is important to have flexible, reliable supply chain management practices and tools. Supply chain automation is a supplement to human workers, not a replacement.