IBM is reinventing Procurement with deep subject-matter expertise and state-of-the-art digital technology. The core objectives of the practice are to maximize leverage with suppliers, ensure adoption of IBM cognitive data transformation solutions and streamline buying. These objectives can finally be realized through truly digital operations.
IBM helps clients to reduce spend, scale globally, widen your geographical reach, access category expertise and standardize processes. Additionally, IBM can help reduce operational cost in procurement with access to better technology to drive greater levels of control and compliance.
IBM starts by working with your team to develop a procurement transformation roadmap tailored to your scope of services. These services includes category and sourcing strategy, supplier selection and contracting, and onboarding and supplier management to maximize leverage. IBM introduces cognitive analytics and forecasting tools in your workflow to provide actionable insight. The practice then applies supply modeling and scenario analysis tools to continually adjust and adapt to changes in the marketplace.
To streamline buying, IBM uses intelligent automation tools to create and approve orders, receive goods and services and process payments. And, as part of the transformational solution, IBM also ensures your buying networks are better protected with blockchain.
Supplementing these end-to-end procurement services, IBM also offers comprehensive supply chain solutions across inventory, warehousing and transportation functions.
IBM is ready to be your global partner to help you achieve value beyond efficiencies. Get the predictive insights you need in an ever-changing marketplace to help meet your savings and growth goals.