IBM 2002 Annual Report Download - page 38

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36
IBM’s on demand supply chain
achieved $5.6 billion in
cost reductions in 2002,
with a target of
$5 billion more in 2003
Time between requisition and
supplier order placement has gone from
2-3 weeks to 2hours,
allowing IBM to react faster to changes
in market pricing
Rated the technology industry’s
number one
supply chain by Supply Chain
Te c hnology News
“Through our e-business transformation,
we optimized our supply chain processes.
Through our on demand transformation,
we are linking those processes together.
It’s making IBM faster, smarter,
easier to do business with
—
and the savings
enable us to protect profit margins,
and make opportunistic acquisitions in
the face of a soft market.”
bob moffat
Senior Vice President
Integrated Supply Chain