As corporations rely more and more on their supply chains to support product innovation and work efficiency and productivity, the role of procurement organizations has evolved from simply delivering cost savings to improving supplier performance, monitoring contracts, and proactively managing supply chain risk.
The IBM® Smarter Asset Management solution optimizes supply chain operations thanks to advanced contract management, program management, sourcing, and analytics. The solution is modular and scalable and is delivered in a software-as-a-service (SaaS) model, providing rapid set-up and low total cost of ownership for organizations that invest in it.
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